| All of this is the setting of Sundance Institute,
a holistic retreat center where industry moguls and wannabes met
last July at screenings and receptions. It's an atmosphere where
barriers were lowered and connections welcomed, and folks shared
openly in workshops and small groups — just as Robert Redford,
who founded Sundance in 1981, intended.
As I stood in line checking in at the Independent Producers Conference,
I felt a cool, mountain breeze. I was one of a hundred participants
who had paid $600 to hear and meet about 30 panelists, all with
something vital to relate from their experiences. My mission? To
make known—and have made— two of my fresh-off-the-laser-jet
screenplays: one a sports drama and the other a thriller/romance.
The opening reception Thursday evening was relaxing and elegant.
A laidback crowd. Smile. Shake hands. Exchange names. A sizeable
number of participants hailed from places other than New York or
Los Angeles — Minneapolis; Atlanta; Cincinnati; Orlando, FL;
Salt Lake City; San Francisco; Chicago; Houston; Phoenix; Nashville,
TN; Toronto; Boston; and Detroit. After a screening of Living
in Oblivion (a comedy about low-budget film making), we walked
to our cabins and cottages in the bracing mountain night air to
dream of distribution deals and financing agreements.
Hope is a producer's power.
The minute you stop hoping in
your project, it ends. Your power
is in never giving up.
Amy Robinson, producer
(With Honors, White Palace and
Baby It's You)
FOLKS JUST LIKE US
Cut to the screening room the next day, now jammed with 100 of
us and eight of them on stage. There they sat, the names behind
the names — representatives of distributors like Fine Line,
Miramax, Sony Classics, Samuel Goldwyn, Fox Searchlight and Strand,
and of producers like Oliver Stone, HBO, United Artists, Boyle-Taylor,
and Grainy Pictures. These were the Wise Ones, a homey bunch, really
— approachable, willing to listen and open to dialogue. Folks
just like you and me.
As I listened and absorbed, it occurred to me that their voices
sounded different. My mind jumped to a comparison of this conference
to a real estate conference, where producers are like building contractors
and the panelists are like real estate agents. They talk a different
language, but we both talk houses. What we think makes a great house
may not be (and often is not) what they think will make a house
that sells.
For participants like myself from Minneapolis and sites other
than NY or LA, the distance widened further because of geography.
Although many of our cities and states have established themselves
as first-rate production centers (below the line), the decision-making
and deal-making (above-the-line) has remained on both coasts. (Have
you had any good financial/distribution conversations with locals
lately?)
It became clear right away that both Hollywood and New York are
centers of independent film making or decision-making. What I came
to call the "New York presence" lifted my spirits. I had
been under the preconception that only one venue existed for marketing
and distribution, but here were friendly, funny, free people whom
I sensed would readily meet me halfway. The East Coast and West
Coast style differences were refreshing.
So, for the 100 participants, these challenges were all the more
reason to connect face-to-face with panelists as well as fellow
participants (many of whom are verging on a big break themselves).
Which is what I started doing during breaks and meals. It was, after
all, my mission. My key strategy was to engage a person in his or
her view of movie making, then, if appropriate, inform them of how
one or both of my projects fit. It worked over a dozen times.
"You are one `yes' away from radical
career changes.
It's why we're here — to find you.
You may have just the project that turns our careers around, too."
Jonathan Weisgal, distributor
(Scent of a Woman and
Reality Bites)
RED LIGHT, GREEN LIGHT
These workshops were not on how to write or direct or edit or
act, but a forum on how to finance and distribute and partner at
business and marketing levels. The current term is to "green
light" a film. My two favorite large-group presentations were
the Financing Panel, where 45-second pitches were shaped and enhanced
by panelists, and the Creative Production Panel, where problem case
studies from actual movies were revisited by panelists.
One key to a good return-on-investment has to do with matching
the anticipated audience with the size of budget. For example, Living
in Oblivion was sized at $1 million based on its appeal to
a limited number of potential art fans. Things To Do In Denver
When You're Dead was at $11 million, scaled for audience members
who flocked to Pulp Fiction, Reservoir Dogs and Natural
Born Killers. This $1 million to $11 million range represents
the two ends of the spectrum on which the Sundance Independent Conference
focused. No-budget films (less than $100,000) and studio-financed
films (more than $20 million) were covered lightly.
"I feel a responsibility to give
back,
whether it's financially or as a
mentor, a supporter, an encourager
or a partner. I find it unusually
rewarding, and it's something I'm
going to keep doing."
Steve Tisch, producer
(Forrest Gump, Risky Business and
Corrina, Corinna)
There are more than 450 independent movies made every year. Only
about 30 get theatrical distribution; the rest are seen at festivals
or not at all. One trend that spells good news for industry professionals
regarding an improvement in this ratio is the mentoring of first-time
producers by such long-established producers as Oliver Stone and
Steve Tisch. In effect, they are open to shepherding "independent-spirited"
productions. For outstanding projects, they are willing to use their
clout with studios and/or connect producers to funding sources.
Other producers, like Barbara Boyle and Amy Robinson, also are willing
to help.
FINANCING NOTES AND FINAL THOUGHTS
On the financing side, production companies are not a source of
money — they only move a project along toward money and the
development process. Four elements must be in place, or packaged,
for a green light to occur: the script, the talent (preferably stars),
the director and a producer with a track record. When these four
elements meet the approval of the distributor funder, a pre-buy
will most likely take place.
A pre-buy simply means that the cost of production is covered
in full before shooting. When these elements are not in place and
the filmmaker, most often motivated by passion, moves ahead and
shoots his or her film, the completed film becomes what is sold.
Although the latter eliminates risk for the distributor/funder because
the end product is known, it greatly heightens the risk for the
filmmaker. This is why festivals, attended by distributors, are
so crucial to the independent filmmaking process.
In marketing a complete film, the importance of showing it at
markets vs. festivals was debated. Markets such as Independent Feature
Film Market (IFFM) show more films but are less selective. Such
festivals as Sundance and Telluride and Cannes are more influential
because of their selectivity, and the tendency of the viewer is
to watch the entire program rather than a sample. I wondered whether
my sports drama or thriller/romance would ever be applauded at these
events.
"Don't leave the industry. If
you do,
you won't be around when success
is ready to grab you. When you're
at your lowest, that's the time to
stay, not leave."
Tony Safford, distributor (The Piano, Passion Fish and Sirens)
The importance of international financing was also stressed. Revenues
can be as high as 65% from foreign sales. In the past, revenues
topped out at about 40%. Therefore, this is a growing and vital
source of production funding.
Finally, for filmmakers outside New York and Los Angeles, there's
a likelihood you'll be heard and taken seriously. A majority of
longtime producers are aware of the growth of production centers
nationwide and of efforts by national groups, such as Independent
Feature Project (IFP), to encourage productions. Speaking of Orlando
specifically, Tisch said, "It's becoming more of an above-the-line
participant, and I think that's terrific. There are opportunities
for people like myself to share in the evolution of what could be
a productive, lucrative joint venture. I think independent producers
[outside LA] will have a lot of very receptive ears."
Fade out.
|