Toronto Film Festival Ends 28-Year Partnership with Lead Sponsor Bell
Bell, the lead sponsor of the Toronto Film Festival since 1995, will end its financial ties with the event after the upcoming 48th edition. The Canadian phone giant decided not to renew its sponsorship in order to invest in other opportunities. This follows the festival's increasing embrace of Netflix, a competitor to Bell's streaming platform, and the ongoing impact of Hollywood actors and writers strikes. Bell's departure leaves the festival relying on other key financial backers for the 2023 edition.