{"id":11199,"date":"2017-09-29T11:00:32","date_gmt":"2017-09-29T17:00:32","guid":{"rendered":"http:\/\/www.micro-film-magazine.com\/cublog\/?p=11199"},"modified":"2017-09-29T11:07:42","modified_gmt":"2017-09-29T17:07:42","slug":"content-is-king-in-afm-viewpoints","status":"publish","type":"post","link":"https:\/\/www.micro-film-magazine.com\/cublog\/?p=11199","title":{"rendered":"Content is versatile in AFM views"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" title=\"General view of atmosphere at the American Film Market \u2013 Day 5 at the Loews Santa Monica Beach Hotel on Sunday, November 6, 2016, in Santa Monica, CA. (Photo: Dan Steinberg\/Invision for IFTA\/AP Images)\" src=\"http:\/\/www.micro-film-magazine.com\/Images\/CUBlog Art\/cu_AFM2016_1.jpg\" alt=\"\" width=\"450\" height=\"300\" \/><\/p>\n<p style=\"text-align: left;\"><strong>\u201cEyeballs on Your Story\u201d<\/strong><br \/>\nThe American Film Market in Santa Monica not only opens eyes to the vast world of entertainment product in the works, but also the numerous markets and media channels through which one\u2019s own product may find success.<\/p>\n<p style=\"text-align: left;\"><em>by Robin Christian<\/em><\/p>\n<p style=\"text-align: center;\">~~~~~<\/p>\n<p style=\"text-align: left;\">Whether you are old school or a Millennial, <strong>Steven Spielberg<\/strong> or a newbie, an employee of <strong>Warner Bros.<\/strong> or the <strong>Weinstein<\/strong> brothers, you are in the same boat with all the rest of us. You can\u2019t guarantee how many people will actually watch your movie. This is because of another \u201cbig bang\u201d going on, right here on planet Earth.<\/p>\n<p style=\"text-align: left;\">\u201cThe biggest problem now is blurred lines between indie film and television,\u201d said chief operating officer and president <strong>David Glasser<\/strong> of <strong>The Weinstein Company<\/strong>, a prolific champion of independent filmmakers since 2005. \u201cWe can\u2019t seem to get people off their couches due to great content [they can watch] on their great big 4K televisions.\u201d He was speaking at the <strong>Fairmont Miramar Hotel<\/strong> during the <span style=\"color: #800000;\"><a style=\"color: #800000;\" title=\"Conferences :: American Film Market 2016\" href=\"http:\/\/americanfilmmarket.com\/conferences-2016\/\" target=\"_blank\" rel=\"noopener noreferrer\">conference portion<\/a><\/span> of the 2016 <span style=\"color: #800000;\"><a style=\"color: #800000;\" title=\"American Film Market :: Official Site\" href=\"http:\/\/www.americanfilmmarket.com\/\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>American Film Market<\/strong> (AFM) in <strong>Santa Monica, CA<\/strong><\/a><\/span>.<\/p>\n<p style=\"text-align: left;\"><strong>Yolanda T. Cochran<\/strong>, a co-producer of the award-winning football drama <strong>THE BLIND SIDE<\/strong>, added during their AFM financing panel \u201c<strong>The 360 View<\/strong>\u201d the whole matrix has changed. \u201cInstead of a \u2018see what works\u2019 mentality, we need to show elements that prove the movie will have a return [on investment],\u201d she added. \u201cWhat do we need to spend to get enough \u2018eyeballs\u2019?\u201d<\/p>\n<p style=\"text-align: left;\"><strong>Micah Green<\/strong>, co-head of film finance at the <strong>Creative Artists Agency<\/strong> (CAA), thinks <strong>Netflix<\/strong> and <strong>Amazon<\/strong> throw a huge wrench into theatrical movies and thus have forced a paradigm shift. They spend a lot on original product to stream, putting out very impressive titles that never will see the inside of a commercial theater.<\/p>\n<p style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" title=\"(From left) Myles Nestel, co-founder\/partner, The Solution Entertainment Group, Joe Chianese, executive vice president at EP Financial Solutions, Yolanda T. Cochran, producer\/production consultant, Miguel Palos, CFO of IM Global, David C. Glasser, chief operating officer and president for The Weinstein Company (TWC), and Micah Green, co-head of film finance CAA, seen at the American Film Market Finance Conference I: \u201cThe 360 View\u201d at the Fairmont Hotel on Friday, November 4, 2016, in Santa Monica, CA. (Photo: Dan Steinberg\/Invision for IFTA\/AP Images)\" src=\"http:\/\/www.micro-film-magazine.com\/Images\/CUBlog Art\/cu_AFM2016_5.jpg\" alt=\"\" width=\"450\" height=\"289\" \/><\/p>\n<p style=\"text-align: center;\"><!--more--><\/p>\n<p style=\"text-align: left;\"><strong>MACHETE<\/strong> and <strong>THE NOVEMBER MAN<\/strong> executive producer <strong>Myles Nestel<\/strong> believes these elements make getting a green light for any movie palpable. \u201cMore money than ever is available but you need to get [known] cast names to do it, which is harder and harder,\u201d he said. \u201cPre-sales, where a filmmaker gets an advance for their budget if they\u2019ve locked a star, is softer, so we need \u2018gap\u2019 and \u2018mezzanine\u2019 financing against territories now, where at one time we would have received an equity check up front. [<em>See the author\u2019s <span style=\"color: #800000;\"><a style=\"color: #800000;\" title=\"AFM advice enhances film output :: C-U Blogfidential\" href=\"https:\/\/www.micro-film-magazine.com\/cublog\/?p=10379\" target=\"_blank\" rel=\"noopener noreferrer\">previous AFM article that explains different financing models.<\/a><\/span><\/em> \u2013 ed.] Our focus now is on \u2018higher quality, more unusual\u2019 scripts that the actors may take a chance on.\u201d<\/p>\n<p style=\"text-align: left;\">Nestel sees these eclectic stories as the current focus for his company, <strong>The Solution Entertainment Group<\/strong>, trying for volume in product instead of the \u201ctentpole epic\u201d movie. \u201cWe build libraries. Now, we may make just eight to 10 movies a year, half of the old days, but our buyers are looking for something special that separates their catalog from the others,\u201d stated Nestel.<\/p>\n<p style=\"text-align: left;\">\u201cThere are too many ordinary stories or reboots out there,\u201d he elaborated. \u201cWe recognize micro-budget movie stories and even horror [as exploitable]. The bad news is, you are now competing with big studios who have seen a profit model in making micro-budget \u2018independent\u2019 movies. Ironic, isn\u2019t it? Indies and micro-budgets were started in order to give viewers an alternate to the tentpoles, and now even the studios are making them.\u201d<\/p>\n<p style=\"text-align: left;\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" title=\"General view of atmosphere at the American Film Market \u2013 Day 4 at the Loews Santa Monica Beach Hotel on Saturday, November 5, 2016, in Santa Monica, CA. (Photo: Dan Steinberg\/Invision for IFTA\/AP Images)\" src=\"http:\/\/www.micro-film-magazine.com\/Images\/CUBlog Art\/cu_AFM2016_2.jpg\" alt=\"\" width=\"450\" height=\"300\" \/><\/p>\n<p style=\"text-align: left;\">The good news is the playing field continues to level. A producer with a small title can now put a quality package together and get in the game with access to multiple venues. There is room at the top for bold innovators!<\/p>\n<p style=\"text-align: left;\">Alas, there are no more <em>filmmakers<\/em>. We are all <em>content producers<\/em> and need to be able to shift if needed between platforms, dependent on where the content is needed. No longer are stories specific to theatrical presentation, or made-for-television, or direct-to-DVD. Nowadays, a story could be tweaked or caressed into documentary material, then shot as a broadcast television movie or miniseries. With mobile devices, the same story can <em>also<\/em> appear on cell phones, as Webisodes, or through other digital media avenues. Just wait until virtual reality becomes profitable!<\/p>\n<p style=\"text-align: left;\">What new revenue streams exist for <em>your<\/em> particular story?<\/p>\n<p style=\"text-align: left;\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" title=\"General view of atmosphere at the American Film Market Carousel Cocktails at the Santa Monica Pier on Sunday, November 6, 2016, in Santa Monica, CA. (Photo: Dan Steinberg\/Invision for IFTA\/AP Images)\" src=\"http:\/\/www.micro-film-magazine.com\/Images\/CUBlog Art\/cu_AFM2016_3.jpg\" alt=\"\" width=\"450\" height=\"300\" \/><\/p>\n<p style=\"text-align: left;\">By sheer numbers, <strong>Hollywood<\/strong> is overwhelmed with movie ideas. One of my friends, the actor <strong>Scott Wilson<\/strong>, <span style=\"color: #800000;\"><a style=\"color: #800000;\" title=\"'Walking Dead's' Scott Wilson on Midseason Finale Shocker :: The Hollywood Reporter\" href=\"http:\/\/www.hollywoodreporter.com\/live-feed\/walking-deads-scott-wilson-hershels-661079\" target=\"_blank\" rel=\"noopener noreferrer\">left the number one television show in the world last year after five seasons<\/a><\/span>. He played one of the most popular characters on <strong>THE WALKING DEAD<\/strong> who was killed off, shocking fans everywhere.<\/p>\n<p style=\"text-align: left;\">When we spoke afterwards, he was trying to land \u201clow seven figures\u201d for shooting a script while his star was hot. He asked me if I could help him using my Midwest contacts. I was quite surprised to learn that all money in <strong>California<\/strong> was spoken for a year or two in advance. Imagine that! You and I shouldn\u2019t feel bad if the star of <strong>THE WALKING DEAD<\/strong> can\u2019t get his own movie project funded.<\/p>\n<p style=\"text-align: left;\">If independent productions are being made by everybody large and small, there must be abundant money to help make them, right? It\u2019s not that easy. I have another friend who used to work for Spielberg himself at <strong>DreamWorks<\/strong>, spending 40 hours a week in seeking money from around the globe. Even a star filmmaker has to work for it while the best sales professionals show up at AFM, a great place to find answers on how to get eyeballs on our story.<\/p>\n<p style=\"text-align: left;\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" title=\"Guests seen at the American Film Market \u2013 Day 3 at the Loews Santa Monica Beach Hotel on Friday, November 4, 2016, in Santa Monica, CA. (Photo: Dan Steinberg\/Invision for IFTA\/AP Images)\" src=\"http:\/\/www.micro-film-magazine.com\/Images\/CUBlog Art\/cu_AFM2016_4.jpg\" alt=\"\" width=\"450\" height=\"331\" \/><\/p>\n<p style=\"text-align: left;\">With millions of possible new eyeballs in Asian markets, for example, that may seem to be a great avenue for your film. However, in <strong>China<\/strong> \u2013 the largest single market in the world by far \u2013 <span style=\"color: #800000;\"><a style=\"color: #800000;\" title=\"U.S. and China Struggle Over Film Quotas :: Variety\" href=\"http:\/\/variety.com\/2017\/biz\/asia\/u-s-and-china-struggle-over-film-quotas-1201979720\/\" target=\"_blank\" rel=\"noopener noreferrer\">an annual quota is enforced on the number of films from the <strong>United States<\/strong> that can play its theaters.<\/a><\/span> It is pretty low, compounded by \u201cblackout periods\u201d when only domestic productions are allowed to open. This should change but not in the foreseeable future.<\/p>\n<p style=\"text-align: left;\">The presence and popularity of American movies in their culture has influenced Chinese production companies to improve their production values and increase salability. (Conversely, films originating from China and other Asian countries do not do well at the American box office apart from the rare hit like <strong>HERO<\/strong> or <strong>KUNG FU HUSTLE<\/strong>.) Therefore, China is investing resources to transform its movie system into a \u201cHollywood for the East,\u201d going so far as to construct the largest studio in the world and hire Western \u201cabove the line\u201d professionals to assist them.<\/p>\n<p style=\"text-align: left;\">One upcoming film is <strong>THE LADY AND THE PANDA<\/strong>, <span style=\"color: #800000;\"><a style=\"color: #800000;\" title=\"Rebecca Ferguson to Star as Real-Life Explorer in 'The Lady and the Panda'\" href=\"http:\/\/www.hollywoodreporter.com\/news\/rebecca-ferguson-star-lady-panda-as-ruth-harkness-afm-2016-942086\" target=\"_blank\" rel=\"noopener noreferrer\">the story of the first person to bring a giant panda out of China for the entire world to see.<\/a><\/span> A co-production between Chinese and British companies with actress<strong> Rebecca Ferguson<\/strong> (<strong>MISSION: IMPOSSIBLE 6<\/strong>) and filmmaker <strong>Justin Chadwick<\/strong> (<strong>TULIP FEVER<\/strong>) attached, it may work on many levels and satisfy the Chinese and American markets if not more.<\/p>\n<p style=\"text-align: left;\">A recent release, <strong>THE GREAT WALL<\/strong> with <strong>Matt Damon<\/strong>, played theaters earlier this year. U.S. distributor <strong>Universal Pictures<\/strong> funded about 25% of the film\u2019s $150 million production budget with China-owned <strong>Legendary Entertainment, China Film Group<\/strong>, and <strong>Le Vision Pictures<\/strong> splitting the remainder. <span style=\"color: #800000;\"><a style=\"color: #800000;\" title=\"Matt Damon's 'The Great Wall' to Lose $75 Million; Future U.S.-China Productions in Doubt :: The Hollywood Reporter\" href=\"http:\/\/www.hollywoodreporter.com\/news\/what-great-walls-box-office-flop-will-cost-studios-981602\" target=\"_blank\" rel=\"noopener noreferrer\">It attracted a lot of eyeballs worldwide but did not do particularly well here<\/a><\/span>, attributed to American-style tentpole fatigue and social media criticism of Damon\u2019s front-and-center Western presence in an otherwise Eastern adventure. It is an arguable win\/lose situation the industry can learn from.<\/p>\n<p style=\"text-align: left;\">While the theatrical experience will always suit certain movies, especially event-driven ones like <strong>THE GREAT WALL<\/strong>, others will need to be developed with younger audiences and mobile devices in mind. Are you looking ahead for your next story idea that will play in multiple avenues? Through all your research and hard work, if your story is good, it is eventually going to get made and seen. Don\u2019t give up!<\/p>\n<p style=\"text-align: left;\"><em>The 2017 American Film Market will take place November 1-8.<\/em><\/p>\n<p style=\"text-align: center;\">~~~~~<\/p>\n<p style=\"text-align: left;\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" title=\"American Film Market 2016 (Concept\/design: Greenlight Creative\/courtesy AFM)\" src=\"http:\/\/www.micro-film-magazine.com\/Images\/CUBlog Art\/cu_AFM2016_poster.jpg\" alt=\"\" width=\"450\" height=\"683\" \/><\/p>\n<p style=\"text-align: center;\">~~~~~<\/p>\n<p style=\"text-align: left;\"><em>Robin Christian is a freelance journalist and an award winning writer, director, and <span style=\"color: #800000;\"><a style=\"color: #800000;\" title=\"Dreamscape Cinema :: Official Site\" href=\"http:\/\/www.dreamscape.la\/\" target=\"_blank\" rel=\"noopener noreferrer\">producer of feature films<\/a><\/span>. Read his other festival coverage on <\/em><strong><span style=\"text-decoration: underline;\">C-U Blogfidential<\/span><\/strong><em>:<\/em><\/p>\n<p style=\"text-align: center;\"><span style=\"color: #800000;\"><a style=\"color: #800000;\" title=\"AFM advice enhances film output :: C-U Blogfidential\" href=\"https:\/\/www.micro-film-magazine.com\/cublog\/?p=10379\" target=\"_blank\" rel=\"noopener noreferrer\">AFM 2015<\/a><\/span> . <span style=\"color: #800000;\"><a style=\"color: #800000;\" title=\"Global reach is key for AFM vets :: C-U Blogfidential\" href=\"https:\/\/www.micro-film-magazine.com\/cublog\/?p=8985\" target=\"_blank\" rel=\"noopener noreferrer\">AFM 2014<\/a><\/span> . <span style=\"color: #800000;\"><a style=\"color: #800000;\" title=\"World of film opens wide at AFM :: C-U Blogfidential\" href=\"https:\/\/www.micro-film-magazine.com\/cublog\/?p=8442\" target=\"_blank\" rel=\"noopener noreferrer\">AFM 2013<\/a><\/span> . <span style=\"color: #800000;\"><a style=\"color: #800000;\" title=\"CA events conjure film dreams :: C-U Blogfidential\" href=\"https:\/\/www.micro-film-magazine.com\/cublog\/?p=2651\" target=\"_blank\" rel=\"noopener noreferrer\">AFM\/AFI Fest 2010<\/a><\/span> . <span style=\"color: #800000;\"><a style=\"color: #800000;\" title=\"NATPE expo shows value of TV :: C-U Blogfidential\" href=\"https:\/\/www.micro-film-magazine.com\/cublog\/?p=2330\" target=\"_blank\" rel=\"noopener noreferrer\">NAPTE 2010<\/a><\/span><\/p>\n<p align=\"center\"><em><br \/>\n<\/em><\/p>\n<p style=\"text-align: center;\">Article \u00a9 2017 Robin Christian. Used with permission.<\/p>\n<p style=\"text-align: center;\"><span style=\"text-decoration: underline;\">CUBlog<\/span> edits \u00a9 2017 Jason Pankoke<\/p>\n<p style=\"text-align: center;\">AFM graphics: Invision for IFTA\/AP, \u00a9 2016 AFM<\/p>\n<p align=\"center\"><em><br \/>\n<\/em><\/p>\n<p style=\"text-align: center;\"><span style=\"color: #800000;\"><a href=\"https:\/\/www.micro-film-magazine.com\/cublog\/?p=11199\"><span style=\"color: #800000;\"><em><strong>Back to the fore, MacDuff\u2026<\/strong><\/em><\/span><\/a><\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"color: #800000;\"><a href=\"https:\/\/www.micro-film-magazine.com\/cublog\/?cat=137\"><span style=\"color: #800000;\"><em><strong>Visit the Article Index<\/strong><\/em><\/span><\/a><\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"color: #800000;\"><a href=\"https:\/\/www.micro-film-magazine.com\/cublog\/\"><span style=\"color: #800000;\"><em><strong>Return to Home Page<\/strong><\/em><\/span><\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The vast amount of avenues for storytelling content can be mind boggling, although the industry experts at the American Film Market can&#8217;t stress enough their importance. Robin Christian relates their advice.<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[137,374,376],"tags":[587,1731,1840,1839,1841,1842,1583],"class_list":["post-11199","post","type-post","status-publish","format-standard","hentry","category-article-du-c-u","category-business-matters","category-gone-hollywood","tag-american-film-market","tag-film-business","tag-film-distribution","tag-film-financing","tag-scott-wilson","tag-the-great-wall","tag-the-walking-dead"],"_links":{"self":[{"href":"https:\/\/www.micro-film-magazine.com\/cublog\/index.php?rest_route=\/wp\/v2\/posts\/11199","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.micro-film-magazine.com\/cublog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.micro-film-magazine.com\/cublog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.micro-film-magazine.com\/cublog\/index.php?rest_route=\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.micro-film-magazine.com\/cublog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11199"}],"version-history":[{"count":0,"href":"https:\/\/www.micro-film-magazine.com\/cublog\/index.php?rest_route=\/wp\/v2\/posts\/11199\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.micro-film-magazine.com\/cublog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11199"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.micro-film-magazine.com\/cublog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11199"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.micro-film-magazine.com\/cublog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11199"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}