LOS ANGELES, Nov. 14 (Xinhua) -- The annual American Film Market (AFM) closed on Wednesday in the U.S. city of Los Angeles with over 7,000 entertainment industry professionals from 70 countries and regions attending the eight-day event.
The AFM is one of the world's largest and most important transaction-based film markets, where an estimated one billion dollars in production and distribution deals are transacted each year.
Films of every genre and subject -- high-end period dramas, family fare, slasher thrillers, animated kid pics and more -- all rub elbows in screening rooms that show up to 300 movies each year.
Valinda Rothman, a book publisher and newly-minted film producer, arrived at the AFM to sell the IP rights to a trilogy of children's fantasy books, "Alex and the Circus of Secrets."
"Kid's and family films are box office gold in every territory in the world and proven IP in those genres is on everybody's Christmas list this year," she told Xinhua.
Some 400 production and distribution companies and thousands more independent filmmakers plied their wares in the rarefied atmosphere of Santa Monica's beachfront hotel row, touting completed films, packaged projects and naked scripts (scripts with no talent or money attached) in search of financing, talent and distribution.
Christopher Sean, an Asian American actor best known for his work in "Star Wars Resistance" and "Hawaii 50", hit the AFM with producing partner Paul Hanson to sell their latest film, "Stage Fright."
"It's a horror thriller that also promotes an awareness of mental health," Sean told Xinhua. "The AFM is a great place to find funding and distribution partners."