Favorite Quote Of The Week – Get some balls

CANNES — As the festival winds down, no U.S. distributor has made a major acquisition. The tepid Cannes market continued what’s been a dismal cycle for the finished-film market that began last year in Toronto…

European sellers are not necessarily sympathetic to American fears over less easily marketable product. “The Americans are lazy, they’re arrogant and too scared to do any deals,” said one European sales exec. “I tell them: get some balls — your companies are all going down the toilet, maybe now’s the time to get some films before it all collapses” 

From: Cannes feels the big chill
Again, Americans don’t step up at market
By Steven Zeitchik and Gregg Goldstein 
May 21, 2008