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Canadian Business (Digital)

Canadian Business (Digital)

1 Issue, Spring 2024

INSIDE THE BOX

The outlook was bright for the Toronto International Film Festival when the arts organization opened its sparkly King Street hub 24 years ago. How did TIFF’s Lightbox become its money pit?
INSIDE THE BOX
YOU DON’T NOTICE what’s missing at first. Toronto’s TIFF Lightbox—that unassuming glass grid, dwarfed by the enormous monolithic condo protruding from the top of it—still looks the same. Inside the five-storey space is a surprising 16,000 square metres containing five cinemas, a screening room, a gallery and a library as well as office spaces from which to oversee it all: the not-for-profit arts organization, which is dedicated to “transforming the way people see the world through film.” Then you catch it: The “TIFF” sign is still there above the entrance, but “Bell Lightbox” has been quietly removed. Canada’s leading telecom company got naming rights thanks to a $30-million investment in 2006, back when this King Street building—designed to be the headquarters of the Toronto International Film Festival—was still being erected.…
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Canadian Business (Digital) - 1 Issue, Spring 2024

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