Tribeca VOD Venture: Folly Or Future?

By MIKE FLEMING | Category: Film Festivals, Indie | Wednesday March 3, 2010 @ 12:05pm PST

tribeca-o8The reaction from independent film distribution vets to Tribeca Enterprises' plan to distribute its festival films on Video On Demand (VOD) is most politely described as skeptical. The biggest hurdle facing Robert De Niro, Jane Rosenthal, and Geoff Gilmore? Erasing the lingering perception that when a movie bypasses theatrical distribution for VOD, it’s DOA. Tribeca has secured VOD distribution on such cable providers as Comcast, Cablevision, and Verizon FIOS, but naysayers feel these cable giants often treat VOD as an after-thought, and don’t provide the promotional care and feeding that traditional distributors feel is vital to specialty film releases.

Tribeca’s chief creative officer Geoff Gilmore told me that he and the Tribeca team have carefully considered the pitfalls and have smoothed out a distribution road that has been as bumpy as the cobblestone streets that surround Tribeca's downtown headquarters. Gilmore believes the festival's growing momentum creates a high awareness level among specialty film lovers for a dedicated Tribeca VOD channel. That effort will be helped by promotional clout provided by longtime festival sponsor American Express, which signed on to become Founding Partner of Tribeca’s VOD distribution program, as well as a separate online venture that will show short films and broadcast filmmaker panels during the fest's run from April 21-May 2.

While it’s not exactly clear yet how much promotional might Amex will bring, one thing is for sure: promotional spends won’t be deducted from the film’s revenues the way traditional P&A costs are. ... Read More »

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David Linde Resurfaces With New Company

By TIM ADLER | Category: Distribution, Indie | Tuesday February 16, 2010 @ 10:24am PST

From Deadline|London editor Tim Adler: David Linde is sequeing into his new gig after exiting as co-chairman of Universal Pictures. (The international expert was collateral damage when Marc Shmuger got axed.) Linde is starting his own global indie film company called Lava Bear that will adopt the Summit/Overture model of having U.S. distribution in place, and then selling off overseas territories. Universal will put up some of the money for 2 to 4 movies a year from Lava Bear. Press reports say Linde has been meeting in Berlin and elsewhere in Europe about his company.

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IFC Acquires Joan Rivers & Jon Hamm Pics

By Nikki Finke | Category: Cable, Distribution | Thursday February 4, 2010 @ 8:42pm PST

-- IFC Films is busy buying. It announced two acquisitions today: North American distribution rights to Sundance award-winning documentary Joan Rivers: A Piece Of Work directed by Ricki Stern and Annie Sundberg. Seth Keal produced with Stern and Sundberg. IFC negotiated the deal with Josh Braun and Jason Janego of Submarine Entertainment for release this year.

-- IFC also bought North American rights to the Jon Hamm (Mad Men) starrer Stolen for a March release. The mystery thriller is the first from director/producer team Anders Anderson and Andy Steinman and their production company A2 Entertainment. The deal was negotiated with Chris Perry at Arclight. IFC will release the pic via its "IFC in Theaters" platform which brings indies to on-demand viewers at home the same day as the theatrical premiere.

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TOLDJA! Newmarket Acquires Hit 'Hesher'

By MIKE FLEMING | Category: Deals, Indie | Thursday January 28, 2010 @ 2:47pm PST

UPDATES Sundance Hit 'Hesher' Lands At Newmarket

PARK CITY, UT (January 28, 2010) – Nigel Sinclair and Chris Ball, Co-Chairmen of EMG, today announced Exclusive Media’s Newmarket Films has acquired U.S. rights to the Sundance favorite, HESHER, starring Joseph Gordon Levitt and Natalie Portman. The seven figure deal was reached early this morning following an extremely successful screening in Salt Lake City last night, and negotiated by WME Global and CAA on behalf of the film with Chris Ball and John Crye, Head of Acquisitions, on behalf of Newmarket. Since premiering at the festival last Friday, the film has picked up momentum with the fan boy driven audience who respond to the character of HESHER.

Read More »

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Eddie Izzard To Host Spirit Awards

By Nikki Finke | Category: Awards, Indie | Monday January 25, 2010 @ 9:08am PST

eddie-izzardFilm Independent just announced that comedian Eddie Izzard will serve as Master of Ceremonies for the 25th Film Independent Spirit Awards. "Izzard’s tangential, absurd, bizarre, and surreal comic narratives are lauded for their creativity and wit, which suits the irreverent, laid-back style of the Spirit Awards." This year's Spirits will be a late-night show on March 5, 2010 at LA Live’s event deck in downtown Los Angeles and shown live and uncut on IFC.

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Fox Wins Studio War For Robert Rodriguez' 'Machete'; Now His New Filmmaking Home

By Nikki Finke | Category: Deals, Directors | Sunday January 24, 2010 @ 1:58pm PST

machete posterEXCLUSIVE: The auction ended late Friday night and I've been putting together what happened ever since. Certainly you'll recall the big cool quotient around Machete, that famously fake trailer by Robert Rodriguez from Grindhouse. It was considered the single best thing about that Weinstein Co double-feature flop that also included Quentin Tarantino's pic. Rodriguez' fake trailer hinted at a good story (Mexican day laborer is set up, double-crossed, and left for dead -- then starts everyone's worst nightmare) and carried an even better catchphrase ("They just fucked with the wrong Mexican.") Machete's YouTube video alone has 1.4 million views, which wasn't lost on Hollywood. The result was 6 studios all very interested in domestic distribution rights to Rodriguez' latest -- Sony, Lionsgate, Warner Bros, Fox, Paramount, and The Weinstein Co. 

Rodriguez had made the fake trailer into a real movie outside the studio system. With help from Rick Schwartz's Overnight Productions, Rodriquez indie financed Machete with $20 million from selling international rights to Sony and making some other global sales and another $5 million he borrowed. Rodriguez not only wrote and produced the pic but he also co-directed it with Ethan Maniquis. It stars an eclectic cast to put it mildly of Robert De Niro, Lost's Michelle Rodriguez, Jessica Alba, Lindsay Lohan, and Danny Trejo. With the picture now in the editing room, Rodriguez and his longtime agent WME's Robert Newman (who's been there from the start of the writer-director's career) decided to look for domestic distribution.

20thCenturyFoxAll six interested studios screened about 15 to 30 minutes of footage. Newman's proposal was for $9 million upfront, no P&A commitment but the guarantee of a wide release, and a big backend gross participation for Rodriguez. (I'm told in the 10%-12% neighborhood.) Both Fox and Paramount said yes, and then, in an unusual move, Newman went back to the two studios and asked for more gross percentage and an overall production deal for Rodriguez.

Paramount balked, so did Fox. But Fox reminded everyone that it was already very much in the Robert Rodriguez business making Predators, and Tom Rothman really wanted him to have a home there, and Rodriguez and Rothman get along well, so a deal was clinched. 

grindhouse2Which leads me to one of the most interesting aspects of this behind-the-scenes. Since The Weinstein Co had first-look on Machete, why didn't it do the deal? After all, when Harvey and Bob started their successor company to Miramax, they did it on the back of their longtime relationships with Tarantino and Rodriguez. And they're making Spy Kids 4 with Robert. "I really don't know why. That's for Harvey to answer," one insider tells me. Rival studios are speculating TWC couldnt come up with the $9M. Yet a Weinstein Co insider claims it could have scooped up the pic for just $3.5M but didn't because "we saw the footage and it's not very good at all." Sounds like sour grapes amid the indie studio's layoffs, pic pushbacks, money woes. (Weinstein Co Gets "New Lease On Life"?)
Read More »

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Thumbs Up For 2 Sundance Documentaries

By MIKE FLEMING | Category: Documentaries, Indie | Saturday January 23, 2010 @ 6:50pm PST

UPDATES Bids Coming In For Hot Sundance Pics
UPDATES So What Are The Hot Films At Sundance?

sundance 2010While Sundance buyers try to hook Catfish, two other docus that came with distributors unveil today and tomorrow, and I found them great viewing. Alex Gibney has a 6 PM premiere today for the competition entry Casino Jack And The United States Of Money, about disgraced Washington DC lobbyist Jack Abramoff. Tomorrow, PR mogul-turned-filmmaker Dan Klores unveils Winning Time: Reggie Miller vs. the New York Knicks, which like Catfish is part of the Documentary Spotlight program.

Gibney -- the Oscar-winning director of Taxi To The Darkside and Enron: The Smartest Guys In The Room --gave me an early peek at his docu, which makes a compelling case for campaign finance reform. The film, which will be released by Magnolia Pictures in April, bares outrageous abuses and moral corrosion that transformed Abramoff from GOP true believer to fatcat lobbyist who got rich protecting the interests of Asian slave labor-sweat shop owners, murderous third world “freedom fighters,” Russian gangsters, Indian casino operators, and drug companies. Through Abramoff, pols fed at the money trough until they, too, were brought down by the ensuing scandal.

Abramoff comes across as a colorful but deluded movie-loving rogue who patterned himself as a Jason Bourne-type character but ended up cast as a villain who is serving four ... Read More »

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Who's 'Conan The Barbarian'? Where's Avi Lerner's Co-CEO And Indie Co-Founder?

By MIKE FLEMING | Category: Indie | Wednesday January 13, 2010 @ 9:50pm PST

conanthebarbarianIn the indie pre-sale world where Nu Image/Millennium Films operates, it’s often hard to discern fact from fiction. So when reliable sources tell Mike Fleming that co-CEO Danny Dimbort hasn’t been in the office since December 10 and plans to exit, should it be surprising that co-founding partner Avi Lerner says it’s hogwash? Dimbort issued a no comment on exit talk that came out of disagreements with Lerner. Avi made it sound like one of their typical quarrels. “Yes, we argue and have different opinions on which movies to make,” Lerner said. “He wants to do bigger movies and I want them smaller in a market that is getting worse and worse. But that doesn't mean he's leaving. I love Danny and without him, I wouldn’t exist. Nu Image/Millennium wouldn’t exist.”

Dimbort's departure would come as Millennium gets close to a production start on its biggest bet yet. That’s Conan, the rebirth of the Robert E. Howard-created barbarian famously played by Arnold Schwarzenegger. Director Marcus Nispel is on track to start production March 15 in Bulgaria — if they can find the right barbarian. Last weekend, it seemed like things came down to two buff finalists: Kellan Lutz (Emmett Cullen in the Twilight Saga sequels New Moon and Eclipse), and Jason Momoa (Ronon Dex in the TV series Stargate: Atlantis). Suddenly, Millennium and partner Lionsgate decided today to look at another unnamed but better established actor before deciding.

On the executive front, Dimbort would be ... Read More »

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Film Independent's New Board Directors

By Nikki Finke | Category: Awards, Indie | Friday December 4, 2009 @ 11:26am PST

LOS ANGELES (December 4, 2009) - Film Independent, the non-profit arts organization that produces the Spirit Awards and the Los Angeles Film Festival, elected new officers Bill Condon, Rodrigo Garcia, Alan Poul and Stephanie Allain to its Board of Directors. Director/producer Bill Condon (Kinsey, Gods and Monsters) will serve as President. Writer/director Rodrigo Garcia (Mother and Child, In Treatment) will be the Vice President. Director/producer Alan Poul (The Backup Plan, Six Feet Under, Rome) serves as Secretary, and producer Stephanie Allain (Black Snake Moan, Hustle & Flow, Biker Boyz) will be the new Treasurer.

Condon and the team are joined by new Board members Joe Drake, DeVon Franklin, Sue Kroll, David Linde and Ted Mundorff. Previous officers were actor/director/producer Vondie Curtis Hall (President), Troika Pictures Co-CEO Michael Helfant (Vice President), One Way Out Media's Tom Ortenberg (Treasurer), and writer/director Kasi Lemmons (Secretary), with all remaining on the Board.

Film Independent;s current Board of Directors is comprised of the following industry leaders: Stephanie Allain, Randy Barbato, Adriene Bowles, Effie T. Brown, Bill Condon, Vondie Curtis Hall, Laura Dern, Joe Drake, DeVon Franklin, Sid Ganis, Rodrigo Garcia, Michael Helfant, Marcus Hu, Laura Kim, Sue Kroll, Kasi Lemmons, David Linde, Allan Mayer, Ted Mundorff, Gail Mutrux, Tom Ortenberg, Alan Poul, Peter Schlessel, Jonathan Sehring, Mary Sweeney and Forest Whitaker.

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2010 Sundance Film Festival Lineup

By Nikki Finke | Category: Film Festivals, Indie | Wednesday December 2, 2009 @ 1:13pm PST

Here's the Sundance announcement with lots of accompanying ballyhoo about how this is the festival's return to "risky" business. The big question is whether this year there'll be any business. There wasn't much last year, and I hear there could be even less this year. Poor indie film:

sundance_film_festival_2008_logo_imagePARK CITY, UT – Sundance Institute announced today the lineup of films selected to screen in the U.S. and World Cinema Dramatic and Documentary Competitions for the 2010 Sundance Film Festival. In addition to the four Competition Categories, the Festival presents films in five out-of-competition sections to be announced on December 3. The 2010 Sundance Film Festival runs January 21-31 in Park City, Salt Lake City, Ogden and Sundance, Utah.

As previously announced, the 2010 Sundance Film Festival features several changes including a new section devoted to low- and no-budget filmmaking and Sundance Film Festival U.S.A.- a one-night only event when eight filmmakers from the Festival will visit eight cities nationwide. In addition, the Festival will break tradition by foregoing the conventions of one opening night film and instead focus on launching the total program: one narrative film, one documentary and one shorts program will play the first Thursday (January 21), beginning the roll out of the competitions.

"Being a seasoned programming team and having the support of a healthy organization afforded us the ability to take risks and re-think all programs this year so we chose to do some things a little bit differently," said

... Read More »

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2010 Indie Film Spirit Award Nominations

By Nikki Finke | Category: Awards, Indie | Tuesday December 1, 2009 @ 8:30am PST

25th spiritPrecious: Based on the Novel 'Push' by Sapphire, and The Last Station. which opens Friday, each received the most 2010 Film Independent Spirit Awards nominations this morning with five each. (FYI, The Hurt Locker can't be nominated because it was put forward last year before it had a distributor.) The Messenger took four. Fox Searchlight and Sony Classics tied with seven each. As usual, the nominations are a harbinger of things to come for the Oscars.

BEST FEATURE (Award given to the Producer)
500 Days of Summer, Producers Jessica Tuchinsky, Mark Waters, Mason Novick, Steven J. Wolfe
Amreeka, Producers Christina Piovesan, Paul Barkin
Precious, Producers Lee Daniels, Sarah Siegel-Magness, Gary Magness
Sin Nombre, Producer Amy Kaufman
The Last Station, Producers Chris Curling, Jens Meurer, Boonie Arnold

BEST DIRECTOR
The Coen Brothers for A Serious Man
Lee Daniels for Precious
Cary Fukunaga for Sin Nombre
James Grey for Two Lovers
Michael Hoffman for The Last Station

BEST FIRST FEATURE (Award given to the director and producer)
A Single Man
Crazy Heart
Easier With Practice
The Messenger
Paranormal Activity

JOHN CASSAVETES AWARD
(Given to the best feature made for under $500,000; award given to the writer, director, and producer)
Big Fan
Humpday
The New Year Parade
Treeless Mountain
Zero Bridge

BEST SCREENPLAY
Alessandro Camon, Oren Moverman for The Messenger
Michael Hoffman for The Last Station
Lee Toland Krieger for The Vicious Kind
Greg Mottola for Adventureland
Scott Neustadter, Michael H. Weber for 500 Days of Summer

BEST FIRST SCREENPLAY
Sophie Barthes for Cold Souls
Scott Cooper for Crazy Heart
Cherien Dabis for Amreeka
Geoffrey Fletcher for Precious
Tom Ford, David Scearce for A Single Man

BEST FEMALE LEAD
Maria Bello for Downloading Nancy
Helen Mirren ... Read More »

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'The Hurt Locker' Dominates Gothams

By Nikki Finke | Category: Awards, Indie | Monday November 30, 2009 @ 8:59pm PST

The 19th Annual Gotham Independent Film Awards were held in NYC tonight.
The winners were:

BEST FEATURE
The Hurt Locker (Summit Entertainment)
Director: Kathryn Bigelow
Producers: Kathryn Bigelow, Mark Boal, Nicolas Chartier, Greg Shapiro

BEST DOCUMENTARY
Food, Inc (Magnolia Pictures)
Director: Robert Kenner
Producers: Robert Kenner, Elise Pearlstein

BEST ENSEMBLE PERFORMANCE
The Hurt Locker

BREAKTHROUGH DIRECTOR
Robert Siegel, Big Fan

BREAKTHROUGH ACTOR
Catalina Saavedra, The Maid

BEST FILM NOT PLAYING AT A THEATER NEAR YOU
You Won’t Miss Me
Director: Ry Russo-Young
Producer: Ry Russo-Young

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Top 20 Independent Films Oct 30-Nov 1

By Nikki Finke | Category: Finance, Indie | Wednesday November 4, 2009 @ 2:11pm PST

FROM THE INDEPENDENT FILM & TELEVISION ALLIANCE
(IFTA relies on the definition that an independent film is financed in majority from sources other than the six U.S. major studios. So films on this list distributed by a major studio were independently produced and acquired.)

TOP 20 INDEPENDENTLY FINANCED FILMS
Weekend of October 30–November 1, 2009
Exclusive To Deadline Hollywood

TITLE, DISTRIB, COMPANY, WKD BOX OFFICE, SCREENS/AVERAGE, CUME

1. PARANORMAL ACTIVITY (Par/IM Global) $16.3M [2,404/$6,817] $84.6
2. LAW ABIDING CITIZEN (Overture) $7.4M [2,764/$2,679] $51.4M
3. ASTRO BOY (Summit/Imagi) $3.4M [3,020/$1,146] $11.3M
4. A SERIOUS MAN (Focus) $1.0M [238/$4,355] $4.5M
5. BOONDOCKS ST II (Apparition) $546K [68/8,040] $546K
6. AN EDUCATION (SPE/BBC/Odyssey) $467K [48/9,737] $1.5M
7. GOOD HAIR (Roadside Attractions) $422K [418/$1,011] $3.4M
8. CAPITALISM (Overture) $373K [492/$760] $13.6M
9. COCO AVANT CHANEL (SPC/Canal+) $250K [77/$3,352] $2.1M
10. LONDON DREAMS (Studio 18) $207K [82/$2,536] $207K
11. WHIP IT (Fox Search/Mandate) $196K [260/$754] $12.6M
12. NEW YORK, I LOVE YOU (Vivendi) $177K [86/$2,062] $1M
13. BRIGHT STAR (Apparition/TVA) $132K [142/$934] $4.1M
14. DISTRICT 9 (Sony/QED) $82K [176/$468] $115.6M
15. 5150, RUE DES ORMES (Alliance Films) $62K [47/$1,331] $905K
16. FAME (MGM/Lakeshore) $56K [172/$327] $22.3M
17. THE SEPTEMBER ISSUE (Roadside) $56K [46/$1,222] $3.5M
18. MORE THAN A GAME (Lionsgate) $55K [111/$502] $829K
19. THE BOYS ARE BACK (Miramax) $55K [86/$643] $783K
20. LA NANA (Mitropoulos Film) $54K [13/$4,175] $139K

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Peter Jackson's 'District 9' Crosses $200M; Sequel Only May Happen "At Some Point"

By Nikki Finke | Category: Indie | Monday November 2, 2009 @ 6:34am PST

district9_posterThe alien apartheid film likely to snag one of the newly expanded 10 Best Picture Oscar nominations did it in worldwide box office this weekend -- $115M domestic and $85M international so far (with China and Japan to come). And, remember, this indie prod's negative cost was only $30M.  By the way, not only does QED Intl have dibs on the franchise, but Sony has first opportunity to lock down the sequel for their territories. Which is why Sony is pushing for a District 9 sequel since the studio is lacking in fresh franchises. But those close to producer Peter Jackson and director Neill Blomkamp say only it may happen "at some point" when the duo "figure out what the story is and organize their respective schedules". (Peter is booked, and Neil is very much in demand now.)

Besides producer Peter Jackson and director Neill Blomkamp, the biggest beneficiary has been Bill Block's QED Intl which was given first shot to finance foreign pre-sales. Block had to commit to fully financing the movie even before the American Film Market got underway. What a risk -- because there was no star, no budget, no script. Only Peter Jackson's name, which meant a lot in the marketplace. That enabled Block to organize the funding from Comerica back in 2007, well before the financial crsis. "I wonder if in the current climate those institutions wuld have stepped up," one of my insiders questioned. "On the other hand, every time something like this happens, it makes indieprods more attractive to institutional ... Read More »

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Top 20 Independent Films October 23-25

By Nikki Finke | Category: Box Office, Indie | Tuesday October 27, 2009 @ 10:38am PST

FROM THE INDEPENDENT FILM & TELEVISION ALLIANCE
(IFTA relies on the definition that an independent film is financed in majority from sources other than the six U.S. major studios. So films on this list distributed by a major studio were independently produced and acquired.)

TOP 20 INDEPENDENTLY FINANCED FILMS
Weekend of October 23–25, 2009
Exclusive To Deadline Hollywood

TITLE, DISTRIB, COMPANY, WKD BOX OFFICE, SCREENS/AVERAGE, CUME

1. PARANORMAL ACTIVITY (Par/IM Global) $21.1M [1,945/$10,850] $61.5M
2. SAW VI (Lionsgate) $14.1M [3,036/$4,650]
3. LAW ABIDING CITIZEN (Overture) $12.4M [2,890/$4,292] $40.0M
4. ASTRO BOY (Summit/Imagi) $6.7M [3,014/$2,224] $6.7M
5. A SERIOUS MAN (Focus) $1.0M [176/$6,211] $3.1M
6. GOOD HAIR (Roadside Attractions) $945K [466/$2,030] $2.8M
7. CAPITALISM: A LOVE STORY (Overture) $726K [636/$1,142] $12.9M
8. WHIP IT (Fox Searchlight/Mandate) $466K [435/$1,071] $12.2M
9. AN EDUCATION (SPC/BBC/Odyssey) $367K [31/$11,851] $940K
10. COCO AVANT CHANEL (SPC/Canal+) $272K [63/$4,321] $1.7M
11. NEW YORK, I LOVE YOU (Vivendi) $230K [110/$2,092] $747K
12. FAME (MGM/Lakeshore) $212K [445/$477] $22.0M
13. BRIGHT STAR (Apparition/TVA) $212K [209/$1,015] $3.9M
14. TIME TRAVELER’S WIFE** (Warner/New Line) $203K [284/$718] $62.8M
15. I CAN DO BAD ALL BY MYSELF (Lionsgate) $178K [273/$655] $51.6M
16. INGLOURIOUS BASTERDS (Weinstein/Uni) $176K [206/$857] $119.3M
17. DISTRICT 9 (Sony/QED) $148K [232/$638] $115.5M
18. 5150, RUE DES ORMES (Alliance Films) $107K [55/$1,955] $787K
19. MORE THAN A GAME (Lionsgate) $99K [107/$929] $749K
20. THE SEPTEMBER ISSUE (Roadside0 $89K [61/$1,469] $3.4M

** A New Line production distributed through Warner Brothers.

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UPDATE: Top 20 Indie Films October 2-4

By Nikki Finke | Category: Finance, Indie | Thursday October 8, 2009 @ 7:40pm PST

indie films image

UPDATE: Here's a new chart I'll be running weekly. According to the Independent Film & Television Alliance, the trade association representing the companies that produce and distribute “independent films,” IFTA relies on the definition that it started with in 1980: an independent film is one that is financed in majority part from sources other than the six U.S. major studios. This is a pretty black and white test and does not rely on the size of the budget or the subject matter of the film to give it meaning. Budget and subject were introduced to give organizations such as Sundance and the studios themselves a wide latitude to use the label when it became fashionable to do so (or necessary to attract corporate sponsorship). This was well illustrated in 2004-05, when Million Dollar Baby, a film produced and financed by IFTA member Lakeshore, won the Academy Best Picture award, while Sideways, a studio film produced and financed by Fox Searchlight, won Film Independent’s “Independent Spirit” Award.

IFTA believes that a test that relies on economic realities is consistent with the practice in other industries (has anyone ever defined an “independent” hardware store in terms of its “edginess”?). But, more importantly, the economic test is the only way to distinguish between films that are shaped by the six major studio executives and their worldwide distribution networks and those that arise from the creative and financial efforts of ... Read More »

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Rena Ronson To Co-Head UTA Indie

By Nikki Finke | Category: Agents, Indie | Thursday October 8, 2009 @ 12:49pm PST

United TalentI can't believe UTA is making yet another big hire in the past six months. (Are Berkus and Zimmer and Sures et al printing money in the basement of their Beverly Hills offices?) Rena Ronson is highly regarded in indie film finance circles (in fact, people were really surprised when she and Cassian Elwes, who together ran WMA's formidable independent division, were not asked to stay after the Endeavor takeover). This could give a big boost to UTA's film finance and foreign sales business which have been run by motion picture lit partner Rich Klubeck who himself has been doing double duty repping many of the agency's big name filmmakers and corporate clients. It's interesting that UTA would bring on a high profile indie person like Ronson during a time when the business is getting tougher and tougher every day. (Look at what just happened to Miramax which used to be the industry's flagship specialty division). But UTA insiders tell me that this area is a big priority for the agency which has always championed independent filmmaking, and especially now as it get harder to get films financed. I hear that Ronson's first move for the agency will be traveling to the Abu Dhabi Circle Conference that begins today where she will represent her new agency to the international film community.

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Bill Mechanic On Moguls' Bad Decisions

By Nikki Finke | Category: Indie | Tuesday September 29, 2009 @ 11:07pm PST

I've been sent Bill Mechanic's keynote speech about the future of indies from this morning's Independent Film & Television Production Conference. The former chairman/CEO of Fox Filmed Entertainment from 1994 to 2000, is now an indie producer (Coraline) and owner of Pandemonium LLC. Mechanic has always been one of the more pensive and articulate execs in Hollywood:

Bill Mechanic"I was asked to address you this morning with my observations on the present as well as the future state of Independent Production.

But before I begin, I have to relate the story of a close friend of mine, who’s a leading heart surgeon.

He said he’d recently been involved in a very trying and emotional six hour piece of open heart surgery where he and a team of people fought valiantly but unsuccessfully to save a patient.

Afterwards, my friend entered the Doctor’s locker room where one of his colleagues was staring absently into the void, clearly spent from the ordeal. He tried to cheer him up but the colleague turned to him and asked why he was not more distraught.

My friend answered with a smile:

At least we weren’t asked to save Independent Production.

Well, the truth be told, we may not be heart patients but we aren’t that far away. We have too many insignificant movies clogging our distribution channels. Tightening economic conditions are sending sharp pains through our systems. Our blood supply from heretofore vibrant markets such as DVD and TV seemingly have

... Read More »

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Call For Entries To Indies' Spirit Awards

By Nikki Finke | Category: Awards, Indie | Thursday August 13, 2009 @ 7:32pm PST

Film Independent is now accepting submissions for the 2010 Spirit Awards.

spirit awardsEARLY DEADLINE: Monday, September 14, 2009
FINAL DEADLINE: Tuesday, October 6, 2009

For a complete list of eligibility requirements, guidelines, submission fees, Frequently Asked Questions, and entry forms, please visit SpiritAwards.

NOMINATIONS ANNOUNCED: Tuesday, December 1, 2009
AWARDS CEREMONY: Friday, March 5, 2010

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Financial Green Shoots For Indie Film Biz?

By Nikki Finke | Category: Finance, Indie | Wednesday July 22, 2009 @ 12:33am PST

green shoots

Just as things can’t get any worse in the world of film financing -- hedge funds pulling out, studios cutting back, everyone scrambling for film financing, bonding and tax incentives -- there may be a glimmer of hope sprouting. Fred Milstein has joined the entertainment insurance powerhouse, Aon/Albert G. Ruben, to help its clients get their movies made. The former William Morris agent turned independent film executive spent the last 12 years as president of the completion bond company cineFinance. Most recently, he was involved with Terry Gilliam’s Imaginarium of Dr. Parnassus working to save the film after Heath Ledger’s death in mid-production. The insurance companies wanted to pay off the claims, write off the loss, and abandon the film. But Milstein got them to change their mind, then worked to make sure Gilliam had the money to actually finish the film with Johnny Depp, Colin Farrell and Jude Law completing Heath's role.

But soon cineFinance lost the backing of their insurers and quietly stopped writing new business several months ago -- yet another company brought down by the worldwide economic meltdown. It had been known as a place for filmmakers. Milstein bonded movies ranging from Michael Moore's Fahrenheit 911, Sicko, Oliver Stone's W, Steven Soderbergh's Che, Stephen Frears' Cheri, Neil Jordan’s upcoming Ondine, Sidney Lumet’s Before the Devil , Milos Foreman’s Goya’s Ghost, and Katherine Bigelow’s Hurt Locker, as ... Read More »

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