Industry Beat
by Anthony Kaufman
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Silver Linings Playbook: Meet the New Indie Distributors
Has there ever been a good time to launch an independent film distribution company? Maybe not, admits Danielle DiGiacomo, former executive at Utopia and The Orchard, and one of the partners at a new distribution outfit launched at Sundance called Subtext. “We’ve always been operating under the shadow of giants, and it’s always been an uphill battle,” she says. “But we think the market has been correcting itself over the last few years,” says Subtext co-head Brian Levy. “And that we are now on the precipice of fertile ground for new opportunities.” Subtext is not alone. In the past several… Read more
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Hits & Misses: The Sundance Class of 2025
By conventional measures, the 2020s have not been very good for the movies. At mid-decade, there’s the nagging sense that the pre-COVID years represented glory days that will never be recaptured. Corporate media consolidation, the dominance of streaming and short-form content and the rapid rise of A.I. have far-reaching implications for the future of the medium. In many ways, independent film and filmmakers are in a far more perilous position than ever, increasingly squeezed out on screens big and small by an algorithmically driven and politically pressured media ecosystem irrevocably moving toward the middlebrow, mediocre and mainstream. Yet, independent filmmakers,… Read more
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The More Things Change: How the Independent Film Business Has Changed Over 33 Years
“The more things change, the more they stay the same,” says veteran distribution and marketing executive Ira Deutchman. In the business of independent film “before it even had a name,” Deutchman helped market films such as John Cassavetes’s A Woman Under the Influence in 1975, Jonathan Demme’s Stop Making Sense in 1984 and Steven Soderbergh’s sex, lies and videotape in 1989. For Deutchman and others working at the dawn of the American independent film movement, our current era of corporate consolidation, economic uncertainty and urgent need for dogged do-it-yourself showmanship isn’t so different from the past. “With the rare exceptions… Read more
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Blue Skies in Park City: Against the “Off Year” Sundance 2025 Narrative
Reports of Sundance’s death are greatly exaggerated. Even before this year’s festival was over, industry journalists rushed to declare its demise, from The Wrap’s Sharon Waxman (“Low Sales. No Standouts. Slow Sundance. Where Does Independent Film Go From Here?”) to The Ankler’s Richard Rushfield (“Get it Together, Indie A-Holes. What part of ‘extinction event’ do you not understand?”). But let’s not jump to conclusions. Maybe “the vibe was off,” as one producer notes, but what do you expect after twin catastrophes—the Los Angeles fires and the inauguration of Donald Trump—were still smoldering during the event? “I think the market was… Read more
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Hits & Misses 2024: Case Studies of Six Sundance 2024 Premieres
In September, Variety declared, “Indie Films Are Staging a Box Office Comeback,” touting the success of the films Longlegs, Thelma and Late Night with the Devil as signs of life for a segment of the industry “crushed by COVID, strikes and streaming,” as reporter Brent Lang wrote. “And while it’s a long way from the arthouse heyday of the 1990s and early aughts, the turnaround is impressive.” Maybe not that impressive. Citing the more than $100 million global gross of Longlegs, a NEON-produced wide-release serial-killer movie, as some kind of indie darling misses the point. Thelma and Late Night are… Read more
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A Crisis of Faith: Have Funders Lost Faith that Art Films Can Make an Impact?
In April, the collapse of Participant Media sent shockwaves through the film industry. How could a 20-year-old company—with box office hits such as An Inconvenient Truth and The Help and 21 Oscars, including two Best Picture winners (Spotlight, Green Book)—close its doors without warning? But earlier that same month, another nearly two-decade-old indie film company made a surprising move that offers potential answers to what happened, how the film industry is changing and how well-meaning financiers are reacting to it. Cinereach, a longstanding nonprofit that has supported hundreds of indie films through grants, financing and mentorship, announced a major shift… Read more
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Solutions Based: Who Should Save Independent Film?
The Sundance Film Festival is a time for movie watching, deal making, talent scouting and, often, much soul searching about the state and future of the independent film industry. This year in particular there was no shortage of media coverage and conversations about distribution and the sustainability of the independent business. As Sundance CEO Joana Vicente told The Ringer’s “The Town” podcast, “Everyone is thinking about solutions… How can we help and figure out how all these films find a home, and what’s our role in the distribution exhibition piece?” For Sundance’s more commercial films—of which there were several this… Read more
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Hits & Misses: How Six Sundance 2023 Titles Performed in Distribution
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… Read more
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Paradigm Shift: The Current State of Development Labs
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… Read more
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Peak TV is Over—What Comes Next?
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… Read more
