On November 15, at a DOC NYC panel called “Balancing Storytelling and Financial Stability,” South African filmmaker Milisuthando Bongela, director of the acclaimed 2023 Sundance film Milisuthando, recounted her unfortunate story of funding gone wrong—and how powerhouse nonfiction studio XTR offered her production hundreds of thousands of dollars in grant money last November to help her deliver her documentary for its Sundance premiere, and then, five weeks later and after repeated attempts to follow up, the company responded that they were withdrawing the offer. “When she told this story, I was shocked,” says prominent Oscar-winning documentary producer and Story Syndicate […]
by Anthony Kaufman on Dec 20, 2023
After nearly flatlining during the pandemic years, American independent film saw some signs of life in 2023. While optimists might call it a year of transition as the industry looks for new audiences and a new equilibrium, cynics see an unsustainable and contracting arthouse marketplace, with most producers and distributors increasingly unable to recoup. But, if you look at the fates of last year’s Sundance titles, it wasn’t as bad as it could have been. For all the doom and gloom about the acquisitions market (“No one is buying films!”), 10 out of 12 films in this year’s Dramatic Competition […]
by Anthony Kaufman on Dec 15, 2023
When the Tribeca Film Institute (TFI) announced in spring 2020 that they would shutter, many in the independent film community were shocked. For 17 years, TFI had supported hundreds of filmmakers and projects, including underrepresented artists, through its Tribeca All Access program, as well as Latin American filmmakers and VR visionaries. At the time, TFI’s closure appeared to be the result of a unique case of pandemic skittishness combined with its parent organization’s increasingly for-profit ambitions. Rather than an outlier, it may have been a sign of things to come. Given the lingering effects of the COVID era and the […]
by Anthony Kaufman on Sep 20, 2023
Remember “Peak TV”? It was a good run, starting more than a decade ago with the launch of filmmaker-driven shows such as Lena Dunham’s Girls on HBO, David Fincher’s House of Cards on Netflix and Jane Campion’s Top of the Lake on Sundance Channel, not to mention episodic heavyweights like Breaking Bad, Game of Thrones, Mad Men and The Walking Dead, all of which supplied steady work for a plethora of indie writers and directors. But that party is over—or at least taking a break. If the corporate mergers and media layoffs of the past year weren’t enough of a […]
by Anthony Kaufman on Jun 27, 2023
A trio of celebrated and highly distinctive breakout movies at this year’s Sundance Film Festival—Raven Jackson’s visionary All Dirt Roads Taste of Salt, Savanah Leaf’s heartrending Earth Mama and Celine Song’s gripping Berlin Competition selection Past Lives—share a few conspicuous elements: They were all debut features made by women of color, they each display an impressive mastery of their forms and they were all backed by A24. A24 has been celebrating one of its biggest years ever—a record 18 total Oscar nominations and its highest grossing film in Everything Everywhere All At Once—but amidst the genre mashups, prestige star vehicles and […]
by Anthony Kaufman on Mar 16, 2023
In just three (admittedly, very momentous) years, the marketplace for independent films has completely changed. During previous turning points over the decades, executives would use words like “waves” or “cycles” to describe instances of upheaval, but what’s happening now is more like a comprehensive reset. In a recent online article titled “The Sky is Falling, Take Shelter,” producer Rebecca Green wrote, “This year is unlike anything I’ve seen in the 20 years I’ve been working in this business.” If Sundance and its films are a barometer for the independent film industry, consider this comparison: The pre-pandemic class of Sundance 2019 […]
by Anthony Kaufman on Dec 15, 2022https://twitter.com/mynette/status/1499210404756664321?s=20&t=_vGKZshAnf_CbjPNFRK32Q On March 2, 2022, Mynette Louie, producer of award-winning films like The Tale and I Carry You with Me, tweeted out the above complaint, railing against what anecdotally appears to be a lamentable industrywide trend of financier ghosting. Filmmakers and producers across the spectrum of independent film shared similar grievances, pointing to a culture of “no reply” where executives, funders and gatekeepers are either impossible to reach or, after engaging in dialogues, disappear without a trace. While such behavior has always been the case in a business dominated by overworked individuals—with some in the industry notoriously difficult to get […]
by Anthony Kaufman on Oct 11, 2022
Less than a year ago, it seemed like the sky was falling for independent films being released in theaters. Netflix’s stock was hitting record highs, the core demographic of older metropolitan moviegoers were staying home, and the entertainment complex was pivoting to the new normal of their subscription streaming overlords. Their dominance may ultimately prevail, but a more delicate and intricately linked dance between theatrical and streaming appears to be the future of releasing films. As an insider notes, “I think it’s swinging back towards theatrical, even though the end-goal is still about making the streaming stand out.” To name […]
by Anthony Kaufman on Jul 14, 2022“[I]t’s as if our whole society is burned out.”—The New York Times Magazine, Feb. 20, 2022 During the ongoing “Great Resignation,” tens of millions of Americans—including those in the film industry—have quit their jobs. But the employment shifts in the entertainment business have as much to do with people leaving their work as with reassessing the ways in which they work. After months of pandemic-mandated pauses and soul-searching, phrases such as “work/life balance” and “self-care”—previously anathema to a culture of all-hours dealmaking and work—have finally arrived. If, as one executive says, “14-hour workdays, sleep deprivation and, too often, unhealthy meals” used […]
by Anthony Kaufman on Apr 14, 2022
While independent films have struggled to thrive in our long COVID marketplace, there is one silver lining in the digital distribution universe: Indie films, both familiar and obscure, from five, 10 and even 20 years ago are flourishing with an uptick in video-on-demand sales. “It’s no secret that library titles have been performing very well across the board,” says IFC Films President Arianna Bocco, “and that’s directly a result of the pandemic.” Across the entire entertainment industry, spending on library titles has been “notably strong,” according to an August 2021 report from home entertainment trade association DEG (Digital Entertainment Group), […]
by Anthony Kaufman on Jan 18, 2022