TFC books film festivals for filmmakers when that work is too time consuming for the filmmakers themselves to handle.  Bookings can be done by yourself and you can charge fees for an in demand film. However, there is something to be said for the ability of a distributor to command more in fees and know of more fests to get the film placed more broadly.

Know your film and yourself to determine how your festival run is best handled. Especially with niche films, make sure you are working with someone who has the knowledge of all the appropriate fests and can command decent fees, or make sure that person is you. More to consider if working with an outside company: make sure they are not too glutted with so many films that cannibalize each other both attention wise and content wise and ask what they do to work the film at the festival level.

This week’s tidbits are from Sheri Candler and will cover her assessments about successful crowdfunding initiatives.

To some artists, crowdfunding looks like easy money. Make a pitch video, give a synopsis and a few perks and let the money roll in. That’s a mistake. To be successful in crowdfunding depends on having a solid foundation of followers, people interested in your work. If you don’t already have a presence on social networking platforms, a well read blog, and/or a large network of friends and supporters, build that first before starting to crowdfund. If you try to raise money before anyone knows you or cares about your project, you will fail to garner interest.

The new, independent filmmaker’s business model

August 12, 2010
posted by sheric

I will start by giving credit right off the bat to my futurist heroes Gerd Leonhard and Seth Godin who spend way more time than I do contemplating issues on the future of the media business and how to succeed. What I get out of their talks and posts has helped me to formulate this post and bring my thoughts into order on how I see filmmakers sustaining themselves in the very near future.

There is a ton of talk right now on how independent filmmakers can sustain themselves by making their films and how independent film can be “saved.” So much talk, without many answers. I felt maybe I should take a stab at providing one. This is purely my reaction to all of this talk and I fully expect that I will be challenged for what I propose. It isn’t going to be palatable to the vast majority of filmmakers or others who profit from their work in the industry.

You can read the full post today on Multihyphenate.

If you need to qualify your film for Academy consideration, or your SAG contract stipulates you need to play theatrically for a week or so, you can often cut your cost in half by sharing those screens with another filmmaker in the same position.

For example, Academy qualifications require a film to screen 2 times a day for one week in NYC and LA, but that means there are at least two other screening times a day that another film can take. That way you can share theater rental, equipment rentals, and union projectionist fees. Make sure each of you get at least one prime screening time each day and drive your audiences to those times (in other words, don’t take 12 noon and 2 p.m…..but 12 noon and 7 p.m. is ok!). Obviously you can’t maximize your grosses by sharing screens,  but at least you can  meet your qualification requirements at a reduced price.

Recently Ari Gold, director of Adventures of Power, mentioned that at his screenings, instead of just asking people to sign up to his mailing list, he had them text their emails to a special designated #.  He captured way more emails than he would have hoping people would remember and bother to do it later. Of course, you can pass out a list the old-fashioned way. Have an option for people to sign up on your site as well. Having a fan or community list will give you customers later and forever as you make more films. You may even test-market your films to that community before you finish them.

Instead of spending tons of money trying to inspire boxoffice success or buying it, create “events” around screenings….have live performances, Q&A’s, invite big groups of people to bring their members, etc. Don’t be passive….fill that theater with everyone you know and you just might convince other people that there is a built-in audience for your film.

This does not have to happen via the traditional theatrical model though. That can be a small part of the release to get reviews, but the rest can be a sort of EVENT THEATRICAL or HYBRID THEATRICAL release and you can sell DVDs at the screenings and build your community list and dialog too. Companies such as Fathom, Screenvision, Cinedigm offer alternative theatrical bookings and event screening options in traditional theatrical chains such as AMC, Cinemark, and Regal.  (Stay tuned for our next blog on this topic and we’ll cover services such as Emerging Pictures too).

Selling DVDs at festivals and event screenings is a key revenue stream and should not be overlooked.

Internet marketing is critical, but nothing beats a face to face interaction with real human beings. One you’ve identified who your audience (or niche) is, show up regularly at all the places where those people congregate and talk to them! Nearly every time we run across a small film performing above expectations at Festivals or at the Box Office, we later learn that the filmmaker was a charismatic, self-promotional dynamo, and drove the audiences to the theaters themselves.

For example, if your film has spiritual themes…ask if you can speak about it and show a trailer at the local church/temple/synagogue/mosque. If you’re making a stoner comedy… well we know how well those films do when their community is aware of the work . Get out there and be a self-promotional whore….modesty may be sexy, but it doesn’t get an audience to the theater. Its up to you to rally the troops!