Streaming services Netflix and Amazon have been crashing the awards and festival circuit for a few years now, but is there success an outright revolution, or just a robust new business model? Either way, the producing community gives it a thumb’s-up — with reservations.
To Anne Carey, who produced “Can You Ever Forgive Me?,” which earned an Oscar nom for star Melissa McCarthy, “the obvious upside is opportunity: more movies getting made, more audiences reached, and less reliance on the somewhat broken foreign-sales-driven models, in terms of determining cast viability and budget for independently minded films.”
“[While] simultaneously finding an even larger audience,” says Xyz Films’ Nate Bolotin.
Each deal is different, but a streamer will typically offer “cost plus,” covering budget, producing fee and sometimes a “premium” subbing for backend participation on a wholly owned project.
“Backend profit is so elusive to independent producers and talent, that I think the...
To Anne Carey, who produced “Can You Ever Forgive Me?,” which earned an Oscar nom for star Melissa McCarthy, “the obvious upside is opportunity: more movies getting made, more audiences reached, and less reliance on the somewhat broken foreign-sales-driven models, in terms of determining cast viability and budget for independently minded films.”
“[While] simultaneously finding an even larger audience,” says Xyz Films’ Nate Bolotin.
Each deal is different, but a streamer will typically offer “cost plus,” covering budget, producing fee and sometimes a “premium” subbing for backend participation on a wholly owned project.
“Backend profit is so elusive to independent producers and talent, that I think the...
- 2/14/2019
- by Bob Verini
- Variety Film + TV
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