What's Happening?
David Kaplan, a New York-based film producer, is making headlines with his work on 'Josephine,' a film that recently secured a U.S. distribution deal with Sumerian Pictures after winning prizes at Sundance. The film, which faced initial resistance in the market due to its challenging subject matter, was eventually sold for a 'mid-to-high seven figures.' Kaplan emphasized the importance of ensuring investors recoup their investments, highlighting the financial risks involved in film production. Additionally, Kaplan is involved in developing a sequel to the cult film 'It Follows,' with plans to start shooting soon.
Why It's Important?
Kaplan's success in securing a distribution deal for 'Josephine' underscores the challenges and rewards of independent filmmaking.
The film's journey from resistance to a lucrative deal highlights the complexities of the film market, where content with difficult themes often struggles to find financial backing. Kaplan's approach to ensuring investor returns is crucial for maintaining trust and encouraging future investments in independent films. The development of the 'It Follows' sequel also demonstrates the ongoing demand for genre films and the potential for cult classics to generate continued interest and revenue.
What's Next?
With the distribution deal in place, 'Josephine' is set to reach audiences, potentially sparking discussions around its themes and contributing to Kaplan's reputation as a producer willing to tackle challenging projects. The upcoming 'It Follows' sequel will likely attract attention from fans of the original film, and its production will be closely watched by industry insiders. Kaplan's continued involvement in diverse projects suggests a commitment to pushing creative boundaries and exploring new opportunities in the film industry.
