North America’s largest documentary festival has set dates for its 2025 festival as it explores possible sale and leaseback of the Bloor Street cinema.
On Thursday, fest organizers said the 32nd annual Hot Docs Festival will take place April 24 to May 4, 2025 in Toronto. But to ensure its future amid financial woes, the festival has identified its year-round ownership of the Hot Docs Cinema as the main cause of two years of crippling operating deficits.
“As part of its longer-term rebuilding strategy, Hot Docs has decided to seek a new owner for its cinema at 506 Bloor West and secure a lease-back arrangement that will allow programming at the cinema to continue,” the festival said in a statement on Thursday.Hot Docs is turning to asset sales after deep cost-cutting and job cuts, a slew of executive exits, including from the boardroom, and the Hot Docs Theatre on Bloor Street being shuttered in June 2024.
Hot Docs, led by interim executive director Janice Dawe, is also looking for a permanent top exec after president Marie Nelson — the former ABC News and Disney executive who took the helm in June 2023 — left the organization in July 2024 after a chaotic 31st edition. The Canadian festival said programming director Heather Haynes will lead the curation of around 100 documentaries for the planned 32nd edition.
But there’s no word on other programmers for Hot Docs after artistic director Hussain Currimbhoy and 10 programmers left the festival’s organizing team ahead of the 2024 annual festival in Toronto. Hot Docs also dramatically scaled back its board of directors in response to what the festival at the time said was a post-pandemic financial distress at the Toronto organization.Shopping With THR. We use vendors that may also process your information to help provide our services.
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