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Bigger, better, definitely richer: multimillion-dollar distribution deals getting signed at TIFF

Fading Gigolo, starring Woody Allen (left) and John Turturro, is among the films being snapped up in distribution deals at the 2013 Toronto International Film Festival.

JoJo Whilden/AP

Money is being spent at this year's Toronto International Film Festival, including significant amounts for distribution rights. Monday morning, Los Angeles-based Millennium Entertainment announced it had paid $3-million (U.S.) for U.S. rights to Fading Gigolo, directed, written and starring John Turturro, with Woody Allen and Sharon Stone as co-stars. The film had a well-received world premiere Saturday evening.

Also earning good money in the last 48 hours have been Can a Song Save Your Life?, which went to The Weinstein Company for $7-million, and Bad Words, helmed by Jason Bateman, whose world-wide rights went to Focus Features, also for $7-million.

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