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Independent film companies are to L.A. what startups are to Silicon Valley. An independent film company is essentially a startup with all of the uncertainty, ha
by wj 15y ago
Independent film companies are to L.A. what startups are to Silicon Valley. An independent film company is essentially a startup with all of the uncertainty, hard work, late nights, bootstrapping, cash crunches, etc. The odds are stacked against them. (I closed my film company down as of the end of the year.)
So when I hear "Kill Hollywood" I don't think you really mean what you say. The independent film companies are going to be the ones that will produce the content for all the new digital distribution channels that have sprung up in the past ten years.
A lot of hard working people are employed by the industry and they understand that the game is changing. They realize things are going to be different for them in the new economic models. (One other thing most people don't know is almost 99% of "Hollywood" are contract workers who work for three to nine months and then have no guarantee of another job.)
Silicon Valley isn't defined by Oracle and Intel. Don't define Hollywood by the actions of a few large companies. There already are a bunch of opportunities for the entertainment industry and the Valley to work together and we're still in the early stages of collaboration.
- a3dfx 15y agoI think the problem is in the distribution of entertainment. There's no motive to stop the actual production of entertainment.
- onemikey 15y agoOne difference I would point out - every film an indie production co makes is equivalent to a new start-up, i.e. every film is its own business. And these aren't businesses that scale well. Or at all. Therefore, film producers are essentially serial entrepreneurs ... but by no means will a successful indie film grant the same kind of ROI that a successful tech startup would, e.g. Twitter or Dropbox.