Quote of the Day: How a Movie Sale is Like Real Estate

One exec [writer Borys Kit and I] talked to compared the slow fest sales to the housing crisis, saying that a seller unable to find a buyer for his home doesn’t mean that no one wants it—it just means that the seller needs to get over his denial about the state of the market. Once they do, the house closing will follow.

—Steven Zeitchik, on Toronto Film Fest buys

Posted on September 15, 2008 at 05:55 by Trisha Lynn · Permalink
In: News

2 Responses

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  1. Written by staatz
    on 2008-09-15 at 13:41

    So… they need to drop ticket prices?

  2. Written by Trisha Lynn
    on 2008-09-15 at 22:14

    Or think very carefully about what they buy, exactly how much value it will add to their portfolio, whether or not there are termites…

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