I’ve had a few discussions this week with producers that all revolved around the same topic – Netflix and Amazon.
Basically, there’s the impression out there that Netflix and Amazon are financing indie films. Well, that’s true to an extent….but let’s just say, it shouldn’t be a part of your finance plan.
I hear this from clients all the time at the financing stage, they want to submit to Netflix and Amazon for financing and actually think that’s a realistic source to get their movie made.
If you spend any amount of time following the trades and particularly what these two companies are financing these days you’ll see it’s gotten to almost studio levels….and in some cases, definitely AT studio levels.
There’s a few exceptions but for the most part, I really feel like that window of opportunity for smaller films has passed.
If you actually analyze the buys, you’ll see they are interested in getting into business with prominent directors and producers and building long term relationships there.
I speak from experience as well since I personally know the buyers and acquisitions people at both Netflix and Amazon and they’ve told me personally what their current mandates are.
So all this to say….. if you’re looking to finance a film in 2017 don’t count on these companies as prospective sources. The ship for smaller films has sailed for now and they have gone way upstream.
What to do instead? Well of course first and foremost focus on the basics – building a package to suit your budget and surrounding yourself with as many seasoned team members as you can. Then settle in for the journey. Of the feature projects I have slated for production in 2017, only one is fully financed and the other few…I’m right there with you :)