On the Death of Indie Film Business

by

Here’s a rant on indie filmmaking from a maker who loves to create and see indie movies, an indie filmmaker who will continue indie creating for love, in all likelihood, but nevertheless argues that the indie film business model is over. I would agree that most business models that emerged before the real muchness of the internet was known – both in terms of huge new amounts of content creators, and of legal and illegal distribution points – will fail in the new environment. But I hold out hope for totally new models to emerge, call me crazy optimist lady, I don’t mind.

Supply and demand is upside down – there’s WAY too much content, made on these easier and cheaper tools (relatively speaking) of the last few years competing for the limited amount of time we’re willing to watch stuff. More important than that however, is how willing we are to PAY for stuff.

This written in 1995, people: The Newspaper Industry and the Arrival of the Glaciers – Boing Boing:

“The price of information has not only gone into free fall in the last few years, it is still in free fall now, it will continue to fall long before it hits bottom, and when it does whole categories of currently lucrative businesses will be either transfigured unrecognizably or completely wiped out, and there is nothing anyone can do about it.”

At dinner, my friend was saying basically the same thing about creative content. Think about that, and re-read this line: “whole categories of currently lucrative businesses will be either transfigured unrecognizably or completely wiped out, and there is nothing anyone can do about it.”

Can you present strong evidence to the contrary?

I’m not saying it isn’t possible to make a good, worthy, financially successful independent film.

I’m just saying there’s no proven, valid, viable business model where it makes sense for investors to put money into it.

And in this wretched crashing economy, I think the days of the vanity, ego-driven, support-the-arts investor support of indie films are OVER.

RSS Add your Comments »


Join our Newsletter

Get your mixtape every month - sign up to receive the Indyish Newsletter
Get Indyish Merchandise onine

Indyish (build 935) is powered by WordPress. Valid XHTML 1.0, CSS 2.0. Developed by TouchBasic Networks.