Inde Film Performance Stays Strong
by ryan on Thursday, November 19, 2009 in Newsletter Archive • (0) Comments • Permalink
Check out this great blog post from Baseline Research on Inde Film Box Office. Author Louise Levison is a well known inde film finance consultant and author of “Filmmakers and Financing: Business Plans for Independents”
"The independent film portion of the domestic box office is doing just fine, despite the gloomy predictions of some analysts and other naysayers. I estimate the independent film total at $2.73 billion, as of November 1st, 3 percent ahead of the total from January through October last year and 32 percent of the total $8.56 billion box office (as estimated by Paul Dergarabedien). The indie share is likely to grow by December 31st. Due to what many still call the “Weinstein influence,” distributors tend to release films they consider Oscar and revenue contenders in the last two months of the year. The effect on the box office of films like The Simple Man, Precious: Based on the Novel Push By Sapphire and others with real or PR-driven buzz is still to be seen. Who could have foreseen the stampede of ticket buyers to see Paranormal Activity?"
