This past week First Signal went to picture lock. This is a milestone in any film as it means that we are in the home stretch of post-production. The next steps in the process are color grading and sound mixing. We are still on schedule for a May completion. However, just as I was going to register for The Marché du Film (Cannes), the market was postponed until possibly late June.
Prior to this postponement, film festivals, sporting events, theaters and all forms of gatherings were being cancelled around the world. Countries were closing their borders, entire industries shuttering, tens of millions suddenly out of work. Companies instructing their employees to work from home. Financial markets all but collapsing overnight. The stock market losing trillions every time the bell rang. The military called up. Elected officials instituting never to be believed powers. The Department of Justice looking to suspend Constitutional rights. No, this isn’t a movie this is reality on planet Earth.
The existence and livelihood of 7 billion people is being threatened by a virus that has a worldwide case count of 318,000 and 13,000 deaths. Another statistic that is only now getting discussed is how many have recovered — 96,000. The question that begs to be asked is how long can this go on before the worldwide economy is permanently broken? A scientist friend remarked to me this week “that a good economy isn’t much good if everyone is sick.” My response was simple, “The sick need a good economy to get better. If we don’t switch it back on, there won’t be the capital to fix this problem.”
Yes, we certainly have some sort of new virus that needs to be sorted. Yes, people will die from it. But equally in the affirmative are the number of people that are recovering. The CDC states that from October – March 38,000,000 had the flu with 17,000,000 doctor visits, 390,000 hospitalizations and 23,000 deaths (these are all on the low end). Odd, I don’t recall the United States and world economy being shut down over this. But for some reason this new virus is going to “overwhelm” our hospitals. Who came up with that narrative? But one thing is a fact, this new virus has brought out the worst in humanity.
I’ve talked to a variety of people around the country and the world. None of them can believe we are in the present situation. We saw how fast governments and elected officials closed the world. We saw how fast the media (particularly cable news) and social media fed this frenzy. We saw how fast they stirred the world population into hysteria. We now see how civil liberties and constitutional guarantees are being threatened. I’m not a conspiracy theorist, but for those of us that think, one does need to question what happened. Why now? What truly is the reason behind this?
For the few I know that have lived through World War II, the country was never like this. Yes, food was rationed, certain products just weren’t available and forget buying a car. But for some reason, this virus calls for a worldwide economic collapse. In general the world, particularly the United States, was enjoying a solid economy with record low unemployment. In a week, that ended.
At some point, hopefully soon, it will need to be decided to switch back on the economy. Because one thing is truly certain, people, companies and governments will run out of cash either during the shutdown or when the unemployment ranks swell into the tens of millions when those less fortunate will need government services such as food and housing just to survive.
It’s time for common sense.
With Marche Du Film (Cannes) coming up, I always find it interesting to learn about the new players while reading about the fate of others. No doubt in the weeks ahead we will read in the trades about the big splash of a new company’s star driven acquisition or the sorry story of others that used to hold court on private yachts. Having been to Cannes many years ago (not for the festival) the location is truly a stunning one to announce a major project.
There is no question that this is an industry of flash. When you have good news to announce you do so publicly, loudly and in grand fashion. The whole point is to cut through the noise to get your project noticed. As I’ve said time and time again, this industry is as much about making motion pictures as it is about promoting them. This is why in so many cases when you see a production budget you multiply it by itself for marketing and public relations.
But then there are the rest of us that aren’t making $175 million motion pictures (at least not yet!). What filmmakers like me rely on is reliable consistent revenue from VOD. While so many players come and go in this industry, we rely on VOD platforms to be there year after year. Although sites like Netflix are in a public relations battle with Cannes, Amazon is playing by the rules and, “was not coming to the South of France “looking to disrupt Cannes,” adding, “You have to approach Cannes on its own terms.”
And while Cannes is one of the world’s greatest launching pads for a film, there are VOD sites like TubiTV that are also making waves. Just this past week the site announced a $20 million outside investment. Justice Is Mind has been on TubiTV for several months and has started to gain some solid traction. I’ve also noticed an increase in traffic for Justice on other VOD sites. All these upticks bode well for the industry as a whole. It shows that consumers are watching across a variety of platforms and it doesn’t matter if they are star driven $100 million plus budgets or films made for under $100K. At the end of the day audiences want to be entertained and they want the choice to be theirs.
But as the industry enters a new season it’s a review of my current projects First World, SOS United States, Serpentine and In Mind We Trust, the sequel to Justice Is Mind. Are my websites updated? Do they convey the current status of each project? You know what they say about first impressions, you only get one to make one.
There is, however, a cardinal rule that I live by. I never disclose who I’m talking to and who I submitted to. This is why I declined to respond to a local entertainment publication that reached out to me on one of my projects. This is like when actors announce who they just auditioned for (or what festivals a filmmaker submitted to). I promise you that doesn’t help you get the part any quicker. In fact, it can have an opposite result. The same holds true for behind the scenes conversations. Sure, the trades like to know what’s going on, but confidentiality is paramount.
However, I will say this. The world’s largest oversees mobile player picked up Justice Is Mind from our distributor earlier this year. But until it’s live, I’ll hold on the formal announcement.