Ok, so I already spoke about James D. Stern’s talk a few days ago, but wanted to share the broader message as so eloquently reported by Indie Wire last week. Great, great stuff.
The World As We Know It Is Over? 10 Insights on the Movie Biz
by Andy Lauer (June 23, 2009)
“The way we operate is being dissected and reassembled in front of our eyes,” noted Endgame’s James D. Stern in a keynote speech at the Los Angeles Film Festival over the weekend (which was published in its entirety by indieWIRE). Later that day, a panel of key industry players gathered at the fest’s Film Financing Conference to, as moderator and industry blogger Anne Thompson put it, “parse the desperate stage of the indie economy” right now. The panel, titled “The World As We Know It: Is It Over?,” included “Che” producer Laura Bickford, Christian Gaines of Withoutabox, Ted Mundorff from Landmark Theatres, “Notorious” producer Bob Teitel, and Beastie Boy Adam Yauch from Oscilloscope Laboratories.
The discussion touched on how to profit from Internet and VOD distribution plans, the increasingly uncertain fate of traditional media, the financial limitations of producing independent film in the current economic climate, and the recent formation of DF Indie Studios. Though realistic about the challenges facing the industry, all the panel members offered valuable insights on how to make the financing, marketing and distribution of independent films come together during tough times.
Here are 10 insights shared this weekend in Los Angeles:
1. Christian Gaines on the changing role of film festivals.
Insight: Festivals may be returning to their roots as a showcase for filmmaker’s work and become less of a platform for corporate sponsors and the industry to promote themselves. Continue reading →