Tag: infographic

Data  shows  that  spending  on  indie  films  rivals  the  major  movie  studios      

Entertainment  Media  Partners   and  Cultural  Weekly  are  pleased  to  announce  the  release  of  an  in-­‐depth  infographic  exploring  the  state   of  independent  filmmaking  by  looking  at  key  data  associated  to  The  Sundance  Film  Festival.  Although the info graphic is below on the post, you can also access the full analysis here:

http://www.culturalweekly.com/sundance-infographic-2014/

 “This  is  the  first  time  anyone  has  tried  to  quantify  the  amount  of  money  spent  producing  independent   films  every  year,”  said  Adam  Leipzig,  CEO  of  Entertainment  Media  Partners.  “The  numbers  are  huge— over  $3  billion  per  year—even  though  each  film  is  financed  one  at  a  time.”      The  infographic  provides  an  eye-­‐opening  look  at  the  importance  of  The  Sundance  Film  Festival  and  the   movies  screened  there,  by  visualizing  data  on  films  submitted,  films  accepted,  financial  investment,   and  how  many  people  work  on  indie  movies.    It  also  offers  box  office  data  associated  with  films  that   have  sold  for  the  most  money  at  the  festival,  and  those  that  served  as  opening  night  premieres.

Leipzig  identified  these  key  findings:     

• Over  $3  billion  is  spent  annually  to  produce  independent  films,  rivaling  the  production   expenditure  of  major  movie  studios.

• Less  than  2%  of  that  $3  billion  will  be  recouped.