Indie Film Hustle® Podcast: Filmmaking | Screenwriting | Cinematography | Film School | Film Production | Independent Film
IFH 364: The New Film Marketplace - Why Your Indie Film Isn't Worth What You Think It Is
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:38:35
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Sinopsis
Today's episode is a big one guys. You need to brace yourself. The film marketplace is going through a major shift. It is as big as when we went from Black and white films to color or adding sound to movies. Movies industry is changing from a product-based business (DVDs, Blu-Rays) to a service-based business (streaming services). Spotify and other music streaming services have devalued music down to basically worthless. What used to cost you $17.99 for one album of 1 or 2 hits and a bunch of songs you didn’t want now cost fractions of a penny from your monthly membership.On Spotify, an artist needs around 337,000 plays to earn $1472 a month (the monthly minimum wage. Amazon Prime pays .6¢ per hour viewed. Streaming platforms are paying less and less and the indie budget seems to be going up and up. This business model is not sustainable.Companies like Disney, Amazon, and Apple have a business model that will ensure their survival in the new film economy. Because their main business is not making movies. They