Image Credit: Courtesy of Spyglass Entertainmentīarber had a busy few months. In addition to his company's own films, Allen's Freestyle Releasing banner provides distribution for licensers with their own P&A, a model that saw the Christian drama God's Not Dead collect more than $60 million at the domestic box office. The onetime comic and TV host, who built his fortune in television, is moving forward in 2019 with a 47 Meters Down sequel, the surfing documentary Bethany Hamilton: Unstoppable and animated feature Arctic Dogs. Image Credit: Michael Bezjian/Getty ImagesĪfter Entertainment Studios' first feature release, the shark thriller 47 Meters Down, became 2017's most successful indie with $44 million domestic, Allen expanded into prestige fare with the Christian Bale Western Hostiles and historical drama Chappaquiddick. For the projects that have what it takes to stand out from the crowd, these are the folks who can get those movies made.Īshley Cullins, Mia Galuppo, Natalie Jarvey and Rebecca Keegan contributed to this report. As the global market tightens - and even the Chinese box office has been rocky of late - a budget of just $5 million to $10 million can be a questionable proposition. ![]() Many take a portfolio strategy, rolling the dice on a slate of mid-budget features and counting on one big winner to cover the losses of the rest.Īll are united in their focus on making the right movie for the right price. Others act as curators, looking to pick the next Green Book or The Favourite. A few are copying the studios, backing big-budget features - like Men in Black: International or The Joker - for the majors to market and release worldwide. "So we spend more and more time nurturing, curating and evaluating projects to decide what is a proper theatrical film for the current market." The 25 players on THR's annual list of leading indie film financiers each has his or her own strategy for dealing with such high stakes. "The risk to us if we miss the mark is higher than ever," says Glen Basner of FilmNation. In a global film landscape dominated by tentpoles, the need for risk takers in the indie space has never been greater. For anyone putting money into independent film these days, the question is: How do you compete with the Avengers?
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