Bell, the Canadian telecommunications giant and lead sponsor of the Toronto Film Festival (TIFF) since 1995, is set to end its sponsorship of the event after the upcoming 48th edition. The company made the decision to step back from its partnership with TIFF in order to invest in other opportunities that align more closely with its core business. Bell spokesperson Ellen Murphy confirmed the move, stating that the end of 2023 would be the appropriate time to conclude their financial ties with the film festival.
The departure of Bell from TIFF marks the end of a 28-year sponsorship that has seen the company’s name prominently associated with the event. Despite facing challenges in recent years, including pandemic disruptions and ongoing Hollywood strikes, Bell has been a consistent supporter of TIFF. However, the company’s decision to withdraw its sponsorship comes as a result of the festival’s increasing alignment with streaming giant Netflix, a competitor to Bell’s own streaming platform, Crave.
Netflix has successfully established itself as a major player in the film festival circuit and has managed to secure premieres for its movies at TIFF. This year, Netflix is set to premiere several highly anticipated titles, including “Reptile” and “Pain Hustlers,” featuring A-list stars such as Emily Blunt and Chris Evans. The streaming service’s presence at TIFF has garnered attention and accolades, as it has become a key player in the awards season.
The growing collaboration between TIFF and Netflix has created tension between the streaming giant and Bell’s Crave platform, as well as Canadian movie theater chain Cineplex, another major sponsor of TIFF. Last year, the friction between Netflix and Crave became public when Toronto selected Sally El Hosaini’s “The Swimmers” as the festival’s opening night film, with a subsequent debut on Netflix. In response, Cineplex banned Netflix and Amazon titles from its Scotiabank Theatre, resulting in TIFF having to relocate its industry screenings to Bell Lightbox.
Netflix’s involvement in TIFF extends beyond film screenings. In 2019, the streaming giant signed a three-year deal to invest in TIFF’s year-round film industry program, providing financial support to emerging local directors and contributing to the festival’s annual September forum. Netflix’s investment in TIFF was made possible through a $25 million fund agreed upon with the Canadian government in 2017 to support the development of local content creators, particularly from underrepresented communities.
TIFF’s willingness to embrace Netflix and include its content in the festival’s programming stands in contrast to European film festivals like Cannes, which have taken a more cautious approach towards the streaming giant. While TIFF remains open to films from all sources and platforms, this stance has faced opposition from local entities like Cineplex, which have reservations about supporting Netflix.
As the lead sponsor, Bell has leveraged its partnership with TIFF to promote its mobile phone services and Crave streaming platform. The company has showcased live installations and interactive Canadian film modules in David Pecaut Square, attracting festival attendees and potential subscribers. Bell has also extended its broadcast coverage of TIFF on its linear TV channels, including entertainment magazine series eTALK, E!, and news outlets like Canada AM, CTV News Channel, and CP24.
Moving forward, TIFF will continue to rely on other key sponsors, such as Cineplex, RBC, Visa, and luxury brand Bulgari, to support the festival financially. However, the ongoing Hollywood strikes are expected to significantly reduce the number of American celebrities attending the upcoming 2023 edition, posing a potential challenge for TIFF’s red carpet events.
In conclusion, Bell’s decision to exit its sponsorship of the Toronto Film Festival after 28 years marks a significant shift in the festival’s dynamics. The growing collaboration with Netflix and the challenges posed by the changing landscape of the film industry have played a role in Bell’s decision. As TIFF looks to navigate the post-Bell era, it will rely on other sponsors to help sustain its operations and continue attracting top-tier talent to the festival.