mastery Journey: October 2014

Future of Independent film Production

After doing a little research of independent film production companies and its future, there are several key points to discuss, whether there is a future for independent film production companies or not? In my opinion yes. As the film business fast approaching 100 billion a year in global revenues the independent film companies are taking a bite and growing, one example, when Neil Ortenbers, announced plans to start a new career in film production and has launch a production company called Insurgent Films. Another great example of independent film is independent production company, Gateway films. Not to forget that female production companies are well on the growth, example Game changer films, or chicken and egg pictures are just a few.

There are numerous companies out to establish and leave there marks, and If you are wondering, if there is a creative directory in every major city? Yes there is, one example is production resource directory for the Hollywood area, a good source for finding Independent film groups.

With advancing technology becoming available to small groups of creative independent film seekers, the quality and amount of work, which can produce close to Hollywood style films, are a present day reality. What makes one company better than the other? Well. Several things, first compared to the big six film production companies, are lack of money or better yet a lack of budget, is a disadvantage. The bigger the budget the more they can allocate towards special effects and attracting, A-list actors. If the budget is low then the company either compromises or look for other ways to attract more investors.

Bringing your film to the mid or big screen, is using the web to promote your film such as YouTube. Videos are being widely used to help drive online sales. However as I see it, can be used as another avenue to attract Investors/capital and collaborators to continue a project or promote the independent film in mind.

The advantages of being an independent company are several first, they receive all the profits, compared to the big six, were profits are spread out to keep within budget and keep shareholders satisfied. Big films required big budgets; in turn small independent films can produce a very good quality film on a smaller budget, by having the right team and collaborating there efforts with others that share the same passion. In my opinion having a great story, is what I believe will make or break a company period.

In addition, there is less pressure on the small independent film, due to its smaller budget unlike the big six; this gives a company freedom to be creative without the pressures of the management and their nuances. Another Advantage is that they have complete control over what they decide to produce given even greater freedom to create.

With ever changing advancement in technology, we are slowly seeing more and more independent film companies on the horizon, whether it’s a good thing or not, I leave that to your infinite wisdom.

References:

BRAENDLIN N. (8 May, 2014). The Future of Female Filmmaking. Independent Women and Independent Film.