Another AFM is over. Aside from attendance being up, I’m not sure how much has changed from last year (or even the year before). We all know that foreign sales agents want top talent so they can sell internationally and VOD is disruptive. This “disruption” if you will has been in the works for years. But like the bygone days of magazine publishing when publishers refused to accept the internet, if one thing has changed this year it is that the industry has finally woken up to the reality that VOD is where this industry is and where it’s going for the foreseeable future. At the click of a mouse consumers will decide what they want and when they want it. But regardless of the trends it does come down to telling a story first and, oh yes, on a reasonable budget.
The foundation of every movie starts with the screenplay. In all this “noise” about the state of the industry it still surprises me how suddenly the screenplay becomes a sidebar in the conversations. How many times do we read about this “A lister” or that “A lister” attached to such and such a project. A lot of excitement, press, accolades and then the film comes out and it just doesn’t resonate with audiences…for whatever reason…and never recoups their budget. This is one trend that’s terrible for the industry. While the A lister may go to win an award for best performance, someone or some company is adding up losses. And losses are never good in any business.
But with VOD platforms on the exponential rise, budgets simply need to be adjusted as the DVD market has collapsed. I absolutely agree with AFM’s Managing Director Jonathan Wolf when he said, “We’ve got 50 companies who are in what we call mini-booths, where they only spend $3,900 for the space yet they’re bringing films and having a commercially acceptable experience. If you can make a couple films for $300,000 and sell each for $600,000, you have a business.” My political thriller SOS United States has a budget just north of $300,000.
I read a great story in IndieWire this week titled “Why It’s a Great Time to Be an Independent Filmmaker” by Naomi McDougall Jones. She could not be more right when stating, “I believe there are those who crave what I crave as an audience member; to be genuinely surprised; to have my own prejudices exploded; to leave the theater altered from whom I was when I went in.” These are the same comments I’ve heard from audience members that have seen Justice Is Mind.
Justice Is Mind and Jones’s film, Imagine I’m Beautiful, are apples and oranges in genre, but share the same type of approach to the market. We have a theatrical run, press and VOD. It’s all very doable. But it’s also work done the old fashioned way. It takes time (lots of it), research and effort.
But if there is one new trend from AFM this year that’s a major positive are the new distributors entering the market. With studios focusing on tentpoles they have created a need for the rest of the market. As Cinedigm CEO Chris McGurk tells Variety, “The majority of filmmakers have to be interested in a new model for releasing indie films, and you could not say that two or three years ago.”
And so as I write the sequel to Justice Is Mind and present First World and SOS United States for investment and development, I too believe this is a great time to be an independent filmmaker. It just takes the three ‘p’s I have often mentioned: plan, perseverance and patience.