To Financiers, Films Are No Longer the Product. Relationships with Audiences Are
The Future of Filmmaking event at Cannes highlighted the evolving landscape of film financing. Experts discussed how investors now prioritize relationships with audiences over the artistic merits of individual films. This shift allows for more opportunities outside traditional studio systems, enabling filmmakers to leverage technology and direct audience engagement.
- ▪The panel featured experts from various sectors of film financing.
- ▪Investors now seek preexisting audience relationships rather than just artistic value.
- ▪Technological advances have reduced reliance on mainstream studios for film production.
Opening excerpt (first ~120 words) tap to expand
“This is not going to be your typical ‘How do you finance movies?’ panel,” IndieWire Editor-in-Chief Dana Harris-Bridson said in her opening remarks at the New Models of Financing panel, presented by United for Business. “These people all finance storytelling, but they all represent very different businesses.” The Future of Filmmaking event, held at The American Pavilion at Cannes, convened three experts on the increasingly complex field of film financing: IPR.VC Co-Founder and Partner Tanu-Matti Tuominen, 5&2 Studios President of Production Mark Sourian, and Oval 5 owner Chrystine Zhang. The conversation focused on the new reality of financing: rather than evaluating individual films on their artistic merits, investors now need to see a preexisting relationship with an audience.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at IndieWire.
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