Producers to Watch Panelists Talk the Rise of Independent Films, Financial Limitations and the Importance of Festivals
At a panel held in partnership with the Bentonville Film Festival, producers featured on Variety's "10 Producers to Watch" list discussed how the film industry is changing and how independent cinema is evolving. Moderated by Variety's Carole Horst, the conversation explored the wide-ranging duties of a producer — from reading scripts and raising finance to hiring crew and planning distribution — and the mounting challenges of getting independent films made and released. The discussion matters because it highlights a growing gap between rising creative ambition in the indie sector and the shrinking financial support available to it.
Panelists including Apoorva Charan ("Take Me Home"), Emily Korteweg ("Splitsville"), Matthew Miller ("Tony," "BlackBerry"), Stephanie Roush ("Union County"), Luca Intili ("Maddie's Secret") and Taylor Shung ("Materialists") pointed to finance as the central struggle, describing a "fearful marketplace" in which financiers increasingly expect the same results for less money. They noted that a significant gap between distribution spending and production funding means many independent films are never released, even as "microbudget cinema" demonstrates that compelling work does not require large budgets. The producers also warned against Hollywood's habit of chasing trends, and stressed the importance of festivals — particularly regional ones — as community hubs, talent incubators and rare opportunities for undistributed films to reach audiences.