Film festivals in Vancouver dogged by economic slowdown
With challenges in securing
sponsorships and unpredictable
audience sizes, it’s a tough year for film
festival directors like Terry Costa (of the
Portuguese fest).
Terry Costa wasn’t too talkative about this year’s Portuguese Film & Video Festival. The fest’s director, who was supposed to be celebrating the event’s fifth year along with Vancouver’s 10,000 or so citizens of Portuguese descent, told the Georgia Straight it has been a casualty of the recession.
“We didn’t receive the support to be able to put it together,” he said in a phone interview. “It does suck.”
The festival will either be cancelled for 2009 or be postponed.
The PFVF, which usually runs during Portuguese Heritage Month in June, was the only festival in dire straits that the Straight was able to confirm. However, representatives of all nonprofit festivals noted that the recession—which has so far cost the nation 406,000 full-time jobs, according to Statistics Canada—has affected their bottom lines.
Even the megalithic Vancouver International Film Festival has felt the effects, according to board chair Michael Francis. It’s by far the city’s largest, with 150,000 people expected at the October 1 to 16 event. Although none of the festival’s long-term sponsors have pulled out, Francis told the Straight in a phone interview, it has lost a few short-term ones.
“Everything is a struggle,” he said, “not the least of which is uncertainty about the size of the audience. So we’ve been budgeting in a very conservative manner.”
In fact, he said, the festival is always conservative, so it has the reserves to survive a short-term crisis. All the event’s usual sponsors—media, film companies, and broadcasting—are under financial stress right now, he noted.
The administration, Francis said, was shaken by what happened last year. On TV during the first week of the festival were the Sarah Palin-Joe Biden U.S. vice-presidential debate, two Canadian federal-election debates, and the drama “of the largest stock market drop in history”. This all proves how unpredictable audiences and revenues can be, he said.
This year, the task force on Employment Insurance reports on September 28, so it’s possible another federal election will eclipse the festival.
“In that event, I think people will really like the idea of going out to see a film,” Francis quipped.
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