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May 7, 2008
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Roundtable: Indie Dealmaking
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by Staff
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How vibrant is the independent film scene? How much does it depend on the major film festivals? How useful are the markets that accompany them?
On the eve of the Festival de Cannes and its attendant market, The Hollywood Reporter's Stephen Galloway discussed those matters with five experts: (clockwise from top left) Newsweek film critic David Ansen; Kirk D'Amico, president and CEO of Myriad Pictures, a production and sales company; Cassian Elwes, co-head of William Morris Independent; Mark Gill, CEO of finance and production company the Film Department; and Avi Lerner, co-chairman and CEO of Nu Image/Millennium Films.
THR: Let me throw out a statement: The independent film scene is as flourishing as it has ever been. True or false?
GILL: True, with a bullet in the wrong direction. There's more money in it, certainly, than there ever has been before. There's more studio interest than there has been before. But there are two parts of it that are falling apart: One is that the sort of movie that's really hoping to get into Sundance, of which there are 5,000 a year, can't seem to find distribution or a way to get to the audience. And the other is that all the money that's fueled a lot of this boom is about to go away.
Click www.hollywoodreporter.com for the whole story.
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