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Tribeca Enterprises and Giant Pictures are launching Tribeca Films, a distribution label the partners said aims to support high-quality independent films from the festival circuit. The label is focused on U.S. transactional video-on-demand (TVOD) and advertising-based video-on-demand (AVOD) with the opportunity for distribution across Giant Pictures’ streaming infrastructure, as well as on the Tribeca Channel.
Tribeca Films will debut with six new titles to be announced this spring, ahead of the 2024 Tribeca Festival in June, and plans to acquire 25 films a year from top festivals including Sundance, Berlin, SXSW, Cannes, Toronto and Tribeca.
“The Tribeca Festival has always bet big on independent films and for more than two decades, has championed emerging filmmakers by providing a global platform to showcase their projects. As the film industry evolves, we recognize the need to better support independent filmmakers in today’s crowded streaming and distribution market,” said Tribeca co-founder and CEO Jane Rosenthal. “Too many new voices are not reaching audiences. Tribeca Films will spotlight such films and give them life beyond the festival circuit.”
Nick Savva, general manager of Giant Pictures, said that “with deals for specialized films harder to come by, this is a great time for Tribeca to re-enter U.S. distribution.”
“I look forward to bringing Tribeca’s slate of acclaimed festival films to top streaming platforms,” including The Roku Channel, Apple TV, Amazon Prime Video, YouTube Movies & TV, Kanopy, Tubi, Pluto TV, VIZIO WatchFree+, Sling TV, Peacock, Vudu, XUMO and others.
The label is an evolution of previous distribution initiatives for Tribeca, which will acquire fully completed, feature-length narrative, documentary, and animation projects and provide marketing support across Tribeca media channels. Giant Pictures will facilitating licensing deals, the use of creative materials, technical operations, and royalty accounting.
All films submitted for consideration by the label must have digital rights available for broadcast to U.S. audiences.
Tribeca Enterprises, owned by James Murdoch’s Lupa Systems, owns and operates the Tribeca Festival, Tribeca Studios, and production company m ss ng p eces.
Giant Pictures is a digital distributor and own and operates specialty theatrical label, Drafthouse Films. It’s the distribution and technology partner of the Tribeca Festival.
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