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Producer predicts international takeover of Best Picture race

Summary

  • International films predicted to make up 60% of Best Picture nominees in five years.
  • Producers claim freedom of speech outside the US aids international film financing.
  • Oscar nominee's Brazilian film 'I'm Still Here' was an act of hope post-Bolsonaro.
Producer predicts international takeover of Best Picture race

Renowned producer Rodrigo Teixeira has projected a dramatic shift in the Academy Awards' Best Picture category, predicting that international films will soon outnumber U.S. productions. Speaking at the San Sebastian Film Festival's Creative Investors' Conference, Teixeira stated that international films, which already see three to four nominees in the Best Picture category, are expected to constitute 60% of the nominees within the next five years.

Teixeira attributes this anticipated change to greater freedom of speech in countries outside the U.S., which he believes is crucial for film financing. He shared his personal experience with 'I'm Still Here,' a Brazilian film he produced that was nominated for Best Picture and Best Actress and won Best International Feature. Teixeira described the film as an "act of hope" that boosted national self-esteem following the "hardcore, right-wing" Bolsonaro government.

RT Films, led by Teixeira, has a strong track record, including productions like 'Frances Ha' and 'Call Me by Your Name.' Upcoming projects include a new collaboration with James Gray and Mia Hansen-Love's Mary Wollstonecraft biopic. Teixeira noted a recent U.S. filmmaker's project that reminded him of an A24 film, indicating the evolving landscape of international cinema.

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