ABSTRACT

We have already established central issues around the economics of the independent film business that make it a high-risk business, based on a ‘failure’ model; albeit it is often pitched as a ‘hit-driven’ business. Unlike the stocks and shares of the FTSE-100, for example, the returns on which can be approximated and modelled, the returns to investors in individual films – in particular independent films without one world distributor – are wildly difficult to predict. Overall, there is a fractional minority – beyond Pareto’s 80:20 power law that actually return financial benefits. That stated, film investment and film culture – with associated artistic, national and supranational creative voices – cannot be shackled together at the heel.