Variety Tries to Stay Enthusiastic about Indie Film Funding

Make great work on careful budget and watch your back is, I believe, what it still comes down to:

America may be experiencing its worst financial turmoil since the Great Depression, but the state of indie film financing isn’t as dire. Sure, the boom times are over, hedge funds have pulled back, and the enormous amount of equity that recently flooded the movie marketplace is history. But strong projects, even in today’s volatile climate, will continue to find coin.

“If a producer has the right film, with the right cast, with the right budget, it’s going to get financed,” says Imperial Capital Bank’s David Hutkin. “I don’t think people are saying the same thing for real estate or corporate deals. So from our perspective, business hasn’t changed.”

(…)

A new type of investor could be emerging. “A lot of people who are interested in coming into the business are really looking for opportunities with entities in distress right now, so they’re looking at it as a financial trade rather than getting into the movie business,”

Story on Variety.