Chapter

<i>Memento</i> and Independent Cinema: A Seductive Business

Claire Molloy

in Memento

Published by Edinburgh University Press

Published in print February 2010 | ISBN: 9780748637713
Published online September 2012 | e-ISBN: 9780748671007 | DOI: http://dx.doi.org/10.3366/edinburgh/9780748637713.003.0002
Memento and Independent Cinema: A Seductive Business

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This chapter provides a history of Newmarket and situates the company within the changing economics of the independent sector since the 1990s. Newmarket Capital Group was established in 1994 by two British expatriates, William A. Tyrer and Christopher Ball. The Summit relationship was vital for Newmarket as the company had a strong profile as an independent international sales company. The arrangement between Helkon Media and Newmarket was mutually beneficial. Newmarket's decision to distribute Memento was forced by the fact that the film had been unable to find another US distributor. Memento was a success and by July 2001 Newmarket had the leading market share for limited releases at the box office. The formation and expansion of Newmarket Capital Group and of the independent sector were enabled by a wider economic context of financial deregulation and the resultant rise of foreign investment into cultural production.

Keywords: economics; Newmarket Capital Group; Helkon Media; Memento; foreign investment; independent sector; William A. Tyrer; Christopher Ball

Chapter.  7200 words. 

Subjects: Film

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