Vimeo Powers Direct Distribution At The 2013 Toronto International Film
Festival With Innovative Offer For World Premieres
Each of the Festival's world premieres eligible for an advance to distribute
on Vimeo's direct distribution platform, Vimeo On Demand
TORONTO, Sept. 3, 2013
TORONTO, Sept.3, 2013 /PRNewswire/ --Vimeo, in partnership with Toronto
International Film Festival^®, announced a first-of-its-kind program today
offering the Festival's world premieres a $10,000 advance for distributing via
Vimeo On Demand. The program requires that Vimeo be the premiere digital
window, but gives filmmakers flexibility to combine the Vimeo On Demand offer
with traditional distribution including theatrical runs. Vimeo's program is a
first for the independent filmmaking community and exemplifies the company's
commitment to enabling filmmakers to directly connect with their audiences
"Direct digital distribution is gaining momentum every day as both an
alternative and a complement to traditional film distribution," said Vimeo's
CEO, Kerry Trainor. "Vimeo is focused on empowering filmmakers with the
highest quality platform to control the distribution and monetization of their
content -- in any territory, on any device, at any time, and across a wide
range of price points. Our partnership with the Toronto International Film
Festival allows us to test the addition of financial support to the power of
the Vimeo On Demand platform."
"Premiering your film at the Toronto International Film Festival now comes
with the additional benefit of Vimeo's distribution offer," said Cameron
Bailey, Artistic Director of the Festival. "For any independent filmmaker
trying to connect with an audience -- and who isn't? -- this is a terrific new
Films accepting the open offer will be released from their online exclusivity
after a period of 30 days, or as soon as Vimeo recoups the $10,000 advance.
After the advance is recouped, Vimeo will provide its industry leading 90/10
revenue split, with 90 percent going to the filmmaker after the deduction of
associated transaction costs. Filmmakers will still be able to pursue
traditional distribution vehicles as well as other online platforms after the
Vimeo On Demand provides filmmakers with unprecedented control and
flexibility, allowing them to set price, viewing format (stream or download),
and geographical availability while allowing the creator to retain full
ownership of the film. Moreover, filmmakers will have access to Vimeo's
growing audience of over 100 million monthly unique visitors across the full
spectrum of connected devices, including desktop, phone, tablet, connected TV
and game consoles, all in beautiful HD quality. Since making its debut in
March, Vimeo On Demand has grown to a global catalog of over 2,000 titles.
For more information regarding Vimeo On Demand, please visit
Vimeo® is the high-quality video platform for creators and their audiences.
Vimeo's mission is to empower and inspire people around the world to create,
share and discover videos. Vimeo has 20M registered members and reaches a
global monthly audience of more than 100M. Founded in 2004 and based in New
York City, Vimeo, LLC is a subsidiary of IAC (NASDAQ: IACI).
TIFF is a charitable cultural organization whose mission is to transform the
way people see the world through film. An international leader in film
culture, TIFF projects include the annual Toronto International Film Festival
in September; TIFF Bell Lightbox, which features five cinemas, major
exhibitions, and learning and entertainment facilities; and innovative
national distribution program Film Circuit. The organization generates an
annual economic impact of $189 million CAD. TIFF Bell Lightbox is generously
supported by contributors including Founding Sponsor Bell, the Province of
Ontario, the Government of Canada, the City of Toronto, the Reitman family
(Ivan Reitman, Agi Mandel and Susan Michaels), The Daniels
CorporationandRBC.For more information, visittiff.net.
Contact: Kyle Kappmeier, MWW, email@example.com, 201-806-3157
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