Film Industry Podcast Notes

Ep1:
  • Hollywood film producers find a formula for film production that works and follow it.
  • People fear investment in new and independent productions so funding can be very difficult
  • In the UK the biggest funders are the BFI who wish to grow film talents in the UK.
  • Independent films in majority tend to fail, or if they succeed it is then unlikely the creators will produce again.
  • Hollywood wants to invest in the UK due to tax rebates so films are subsidised.
  • There are over 700 films a year made in the UK.
  • Getting films financed is harder than ever.
  • It is a challenge even to find a way to distribute a film.
  • Even with the best story without the right people, e.g. actors, directors, producers, a film can fail.
  • Women only contribute to 22% of jobs in the film industry.
  • Cinemas will show whatever sells.
  • Audiences are too generalised.
Ep2:
  • Development hell is when you produce a film on a topic that was hot one week but the next week the films no longer hot and the film isn’t made in the end, which ends up costing the film company a lot of money. 
  • In the Uk independent films are frequently financed through the two public service broadcasters, film 4 and BBC films, with additional income being raised pre-sales international distribution deals.  
  • 30,00 screen plays made by writers every year. 
  • Producers look for parts in a script that will attract cast members.
  • Last Year 7/10 of the top grossing movies were sequels, for some they are the movie business
  • Success is based on whether they made their money back and more profit
  • Nick Bower is the co-founder of the film finance company, Riverstone pictures
  • In America they look for franchisors, but in the UK people try avoid them. 
  • About 70% of the market is not in the US, Korea Japan, China, etc 

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