Crisis Time or Opportunity Time? The Future of Indie Film

September 30, 2009
posted by sheric
photo from indieWire

photo from indieWire

If you have been following the world of the independent film industry over the last week, you know there have been two significant meetings regarding the state of independent production and distribution. The first meeting was in NYC organized by indieWire Magazine and MoMA as a summit to discuss independent film and its future direction in a time of economic crisis and technological change. In attendance were distributors, producers, directors, festival reps and others from the filmmaker community who all expressed alarm at the current funding crisis and the collapse of traditional distribution for indie films.

Some maintained that there is no crisis, only that bad businesses went away and good ones stayed. Others pondered what will be the new model for indie film exhibition and distribution. Will people pay hundreds or thousands to buy home viewing hardware but only pay pennies for the content? Is the cinematic experience going by the wayside in favor of home or portable entertainment? Two camps have formed, some wishing to resist the change (mostly filmmakers and distributors who found success in the old model) and some wishing to be part of it (the new breed still looking for a break and able to adapt easily). Of course, I find myself in the latter. I think there is no limit to the possibilities of new filmmakers finding success online as long as they recognize they must be artists AND business people. The new gatekeepers are not distributors but the audience. If you don’t have one, you won’t succeed as a filmmaker. Find your audience.

The second meeting was the Independent Film & Television Alliance Production Conference here in LA. The keynote was given by ex Fox studio chairman turned owner of indie production company Pandemonium LLC, Bill Mechanic, on the future of indies. His pronouncement that the current condition is fatal only to those ”who ignore the warning signs.  Who don’t adjust to the threatening conditions. Those producers and distributors who pretend there is nothing wrong” is, I think, the money statement.

In the past 10 years, the internet and video games have dominated leisure time so much so that exhibitors have seen a 21% drop in attendance in the core 18-24 year old audience. If the audience is turning to online entertainment, why isn’t Hollywood? I don’t think that the local cinema is going out of business any time soon. But I do think that both Hollywood studios and theaters are going to have to offer a better viewing experience in order to attract an audience.

Where does this leave the art film? In my opinion, the art film with no proven audience, having been gathered through months or years in the development and production process, will be a failed endeavor whether it screens in a theater or online. Perhaps part of the current problem lies in the fact that indie filmmakers thought it was the distributors’ problem to figure out how to market a film and the distributors went along with this. How can you make a product without knowing who you are making it for? Waiting until the product is finished and then shoehorning it and ad spending it into public consciousness is not the way to make something successful, obviously. I recently read an article with Mike Judge for his EXTRACT film and he said he didn’t see marketing as his job, that is for the distributor to do. UGGGH! How’s that film doing? Another long tail cult hit? If I were his investor, I’d be pissed.  Back to Bill Mechanic…

Bill says that this current crisis will continue over the next 2-3 years because of over saturation of product in the market and the economic downturn. He says that studios will have a more difficult time of it because they are entrenched in their old ways, bloated with personnel and dependent on theatrical and DVD distribution which are on the downturn. Opportunities will lie in the digital space for those unburdened with these legacy issues, heads up new indie filmmakers. Those that take the business end seriously will succeed, the others will disappear. “Those without the ambition or the brains to figure their way through these tough economic conditions cannot be saved. The winners will be smart about what they make and how they sell their films.  They will hopefully make good films but perhaps even more key they will make unique films that stand out, ” said Mechanic. I will add they will know their audience and connect with them on an interactive level during production so that when the release happens, it falls right into waiting arms.

Distribution Insights from Cinevegas

June 15, 2009
posted by sheric

cinevegas-lgo1Over the weekend, the annual Cinevegas Film Festival took place in Sin City. The festival has become a venue on par with SXSW and Sundance for independent film and it attracts a fair amount of acquisitions execs due to its proximity to LA. Indiewire reports a few insights that were given to the world of independent distribution by an interestingly conducted panel discussion. It was modeled around a roulette wheel where representatives from such distributors as Oscilloscope, Magnolia Pictures and IFC Films were asked to spin the wheel and pitch a distribution strategy for fictitious projects depending on where the wheel stopped.

Project ideas that came up were “hip subculture doc,” “sexy, edgy indie,” and “quirky character doc.” While some strategies were outlined, most depended on stars to provide interest in the projects. Christian Gaines from IMDb said “I’m a firm believer that linear distribution is over. Going from film festival to theatrical distribution to DVD is not a viable path anymore.” Instead, he recommends the CreateSpace and VOD services while continuing on the festival circuit, hyping the film on social media and film websites and giving it as long a run as possible to bring in revenue.

It was Tom Quinn from Magnolia Pictures who came up with the most innovative strategy when he landed the “sexy edgy indie.” He would target strippers as key influencers to help with Word of Mouth and release the film on Magnolia’s Ultra VOD platform before a theatrical release. Also, he thought releasing the film with different endings would help create buzz on the social media sites and create the need for multiple viewings by the audience, thus increasing revenue.

What makes his idea innovative is the fact that he recognizes the need to bring in key influencers and not just film critics. I suggest you do this from the start to help market your film and build an audience. Give them enough to talk about, include them in every aspect of the production process and the buzz will perpetuate itself. Of course, this is a key point to my marketing blog posts, but I can’t help but bring it up time and again. You the filmmaker must do this yourself instead of waiting for a distributior to take care of it. Nothing will talk stronger than presales and audience numbers when you are negotiating with a traditional distributor. If you are planning to do DIY distribution, this audience is a built in base for film sales.