Fox Searchlight Pictures won a bidding war at the Sundance Film Festival for "The Birth of a Nation," paying a record-setting $17.5 million for the film's worldwide distribution rights.
The studio announced the deal Tuesday after the film premiered to a standing ovation a day earlier.
It tells the true story of Nat Turner, a slave who taught himself to read and became a preacher before ultimately leading a deadly rebellion that wiped out 60 slave owners.
Fox Searchlight did not disclose the amount of its winning bid, reported to be $17.5 million. Past high-priced titles such as 2013's "The Way, Way Back" and 2006's "Little Miss Sunshine" topped out in the $10-12 million range.
Writer, director, producer and star Nate Parker spent seven years making the film he described as a passion project he hopes will serve as a "healing mechanism for America."
Fox Searchlight says it will release "The Birth of a Nation" later this year.
SMPTE elects board officers, regional governors
SMPTEยฎ,the home of media professionals, technologists, and engineers, has revealed the board officers and regional governors who will serve terms beginning in January 2025.
Three new officers--Richard Welsh as SMPTE president, Eric Gsell as SMPTE executive VP, and Polly Hickling as SMPTE Education VP--have been elected for a two-year term from Jan. 1, 2025, to Dec. 31, 2026. One SMPTE officer, Lisa Hobbs, will be continuing her service as SMPTE secretary and treasurer for another two-year term. Additionally, Raymond Yeung will be stepping into the role of standards VP on Jan. 1, 2025.
โSMPTEโs membership has spoken,โ said SMPTE interim executive director Sally-Ann DโAmato. โThese officers have been tasked with an important responsibility, one each of them is prepared to tackle head-on. These next two years are looking bright for SMPTE!โ
In addition to the officers, 10 regional governors were elected by the Society to serve two-year 2025-2026 terms.
These include the following regional governors, re-elected to continue their service:
Asia-Pacific Region Governor
Tony Ngai, Society of Motion Imaging Ltd.
EMEA - Central & South America Region Governor
Fernando Bittencourt, FB Consultant
United Kingdom Region Governor
Chris Johns, Sky UK.
USA - Central Region Governor
William T. Hayes, Consultant
USA - Eastern Region Governor
Dover Jeanne Mundt, Riedel Communications
USA - Western Region Governor
Jeffrey F. Way, Open Drives
Also elected were four newcomers to the SMPTE Board:
Canada Region Governor
Jonathan Jobin, Grass Valley
USA - Hollywood Region Governor
Allan Schollnick, Voxx... Read More