Categories
Truly Free Film

Say Goodbye To Bizarro World: Time To Make Business Of Art

This is my recent FERA Keynote speech (London, UK  BFI South Bank,September 27, 2013 145PM):

Our strength is now our weakness

Children love playing “The Opposite Game” where “yes” means “no”, and “no” means “yes”.  Politicians seem to love to play that game too…

This backwards world has infected many of our cultural fields,taking hold as an everyday concept reflected in our every action.  In comics, it is known as the “Bizarro” World, a common plot scenario where our strength becomes our weakness.  That is of course a fictional conceit, but in the world of cinema, we all now too truly inhabit a similar land of opposites, where what we say we love to do is not what we do at all.

Categories
Truly Free Film

Indie Street Post #4: Maximizing Your Story-telling Capital

By Jay Webb

Screen shot 2013-08-19 at 4.51.06 PM

Previously: IndieStreet Post #3: “Indieconomies of Scale Part 1”

Indieconomies of Scale, Part 2 (of 3): Production Benefits & Vertical Integration

There is one aspect of business that seems to remain constant no matter the advancements in technology: the pressure placed on producers to create better products for less money…the story telling business is surely not immune to this stress.  In my opinion, there is no better way to accomplish greater story-telling on smaller budgets then by having a group of filmmakers that are cooperative, competent, but most importantly, alarmingly passionate about the stories being told.

Screen shot 2013-10-01 at 10.14.09 PMWhen considering how to apply business concepts like economies of scale to Independent film, in the case of production we have to reorganize our thought process a little.  In this post, we start by treating a small group of Indie filmmakers as a story producing company with each member having both objective story telling capital (skillset, equipment, etc.) and subjective story-telling capital (interest in project, loyalty, emotional connection to material).  The more story-telling capital that can be attained through cooperation, the more a group can benefit from production Indieconomies of scale.

Traditional Production Economies of Scale

Decreasing Costs per unit:  When companies look at production economies of scale, they find a wide range of advantages that stem from increasing their production to a certain level.  With the growth of a company’s operation, cost per unit will decrease so per unit profit increases.