Theatrical: To Do…or NOT To Do. (or perhaps more, HOW and WHEN To Do)
We all struggle with this, filmmakers, distributors alike. I remember giving a presentation to distributors about digital distribution and theatrical came up. I talked about the weirdness of showing a film 5 or 6 times a day to an almost always-empty house save a couple showings. This makes no sense for most films. When I released Baise Moi in 2000, we broke the boxoffice records at the time, and the “raincoat crowd” did show up at the oddest morning hours, but that is the exception, not the rule. Not every film has an 8-minute rape scene that just must be seen by post-punk-feminists and pornography-lovers alike. It’s an odd set-up for smaller films and it’s not the only means to the end we are looking for.
Recently, The Film Collaborative released Eyes Wide Open in NYC, LA, Palm Beach and Palm Springs. We have a little over $10,000 (all in it will be about $12,000 tops). We have made our money back and the great reviews and extra marketing / visibility will drive ancillary sales but we also did not invest or risk too much as you can see. That is a great formula (one that small, disciplined and seasoned distributors such as First Run Features, Strand, Zeitgeist, employ) but it is not viable for all films. First of all we have an “A” list festival film (Cannes & TIFF & LAFF) and second it caters to two or three niches (gay and Jewish/Israeli) though one can argue that the niches also slightly cancel each other out to some extent, the film did well so obviously the campaign worked.
But there are many films for which that strategy would not work. Either theaters could not be booked, or reviews would not always be great, and / or the film would simply not galvanize a theatrical audience. Plus, once you start adding up 4-Wall fees, the bottom line leans more likely to be shades of red. The Quad Cinema sent an E-blast promoting its 4-Wall program. It was a good sales pitch and I am not going into it all here, but the take home is that you’re more likely to get a broader theatrical, and/or a distribution deal, and/or picked up by Netflix and other digital platforms if you open theatrically in New York. I would argue that is true to some extent but also VERY MUCH dependent on the FILM itself and there should still be a cost-analysis and overall strategy consideration before one pays the Quad for their services and hopes for the best. Here is a link to the info and we are happy to email the blast to any who request it www.quadcinema4wall.com . It should also be noted that generally speaking, The New York Times does not consider your film among “All the News That is Fit to Print” unless it’s opening wider than just New York.
So how to decide? Companies such as Oscilloscope are all about theatrical, but they pick their films carefully and my guess is Adam Yauch can afford to lose money too if it comes to that. Home Video companies such as New Video, and Phase4 are doing some theatrical, but on an as-needed basis and yes, to service the ancillary rights, but that’s a very experienced analysis on their part. When we posted on Twitter about the Cable Operators warning they will start requiring a ten (10) city theatrical, all at once, believe me, if everyone blindly follows suit, the bar will get raised even higher right until we all go broke. The point is to mitigate the glut and distinguish films in the marketplace not get us all to be lemmings and empty our bank accounts. There is math to be done and I know it’s hard without all the back-end numbers at your disposal, but they are coming. We will publish case studies of all our films and we encourage you to get down to the detailed back-end numbers analysis before spending more on the front end and often gratuitously.
We have experienced and heard about the impact a filmmaker can have in his or her city when working the film and then really impacting the gross and that is inspiring, but usually not long-lasting because it takes a lot to get people to pay to see your film in a theater when there are so many other films and so many more marketing dollars behind them. And what’s in it for you? The only reviews that matter are the big ones and we all know what they are… and remember what we said above about The New York Times.
The general perception of indie film releases is interesting. Most don’t take into account the money that is spent to get the “gross”. More of the time the distributor (or whomever booked the film) gets less than half of the box office revenues. Sometimes as little as 25% – 30% though of course sometimes more. And there are the expenses. The Kids Are Alright may not even be in the black right now, but you’d never know that reading certain coverage. I love Exit Through A Gift Shop and actually flagged that release as a stellar release and then I learned that the marketing spend was actually a lot more than I realized such that the spend may be up to a million dollars. I don’t actually know, and not sure anyone will tell me. I do know that the bottom line for many of The Weinstein releases was reported to be in the red because of spending. If you have a film that can sell a lot of units and especially in an evergreen manner, and if you can trigger a great TV sale and if you have foreign sales legs, then there’s a real upside. If you don’t, then be clear what you’re goals are. Sometimes it’s just a career move and that makes sense. Canadian filmmakers need a theatrical release to get their next projects funded (say that like this: ‘pro-jects’). Sometimes people just want the awards qualification and that’s another ballgame.
We have written some of our TFC Distribution Tid Bits about Hybrid Theatrical and Marketing options, but here is a bit more on the topic:
If creating buzz is what you want, you don’t need a traditional theatrical and you definitely don’t need to overpay for the privilege.
Some OPTIONS – try HYBRID THEATRICAL – do FILM FESTIVAL, CREATE EVENTS, HOLD A SCREENING WITH ORGANIZATIONS, show in MUSEUMS (in some cases), other ALTERNATIVE VENUES depending on the film, and also there are all sorts of ways to book a few days here and a few days there at theaters (we cover that below). Theaters are and will continue to do this more and more. AMCi announced their intentions and they are still in the marinating phase, but we know you’ll all be ready when they are.
We’re interested in these companies and services:
- Cinedigm: They have a program in the works that is meant to be similar to ScreenVision and Fathom (which is no longer handling indie films generally speaking, as far as we know) but aimed at independent cinema, and working with all the big theatre chains (Regal, AMC, Cinemark). I asked them to write a few words for me about themselves and their plans: Cinedigm Entertainment, a theatrical distributor, has built several “channels” of content for movie theatres. This is niche content that plays at what is traditionally slower times for the theatres. Examples are; Kidtoons a monthly matinee program; Live 3D sports, like the World Cup and NCAA Final Four basketball; and 3D and 2D concert films with artists from Dave Mathews to Beyonce. For each “channel,” the most appropriate theatres are chosen and theatres sign on to play the content as a series, thereby creating the expectation in the marketplace for the next installment. In the company’s newest “channel,” it looks to apply the concept to indie-films which will provide filmmakers with the theatrical element for distribution.
- Emerging Pictures: Owned by Ira Deutchman (now also a Film Prof. at Columbia University). I spoke with Joshua Green, whom I have known for a while and booked with, though no real revenues were made in the past, their latest network of theatres sounds potent. They connect up to 75 theatres and they do very well with Opera, Ballet and Shakespeare, but also indie films. They work with all the usual indie film distributors either taking on 2nd run of films in major markets or handing the first run in secondary markets. On screen now for example is Mother & Child, My Name is Love, and Girl with a Dragon Tattoo. 30% of the Gross is paid to the distributor or filmmaker. They charge usually a 1-time encoding fee to get the files needed for the theatres. The fee is $1,000. If that’s an issue that can sometimes in advance to make sure the bookings will happen to make the fee worthwhile. They create a Hi Rez file 720p VC1 file which is a professional HD version of MS Windows. They work with the Laemmle theatres in LA and Sympany Space in NY and lots of others across the country. What does well on the Art House circuit will do well with them I was told. Makes sense.
- Variance Films: Dylan Marchetti (former exec at Imaginasian and Think Film) is a firm believer in Theatrical and it’s his business. He may promote its necessities a bit more than I will and its not his money to spend and he was honest about the range of success (meaning not all films work theatrically and sometimes money is lost, and we know of at least one example, but it happens). We spoke for the first time and I was comforted by his grassroots approach (they do that work themselves) and his commitment to alternative low cost venues: event screenings, niche-specific / lifestyle specific venues, as well as traditional theatres (all the usual chains and small theatres etc). He noted that generally speaking, they do not charge more than $50,000 and that they get paid via back-end fees only. He said a release in NY and LA for $20,000 can be done. Variance is not a believer in print advertising; they have to believe in the film to take it on; and Dylan said that there is no correlation between P&A spending and a film’s success. Amen. They don’t do PR but rather refer out to outside agencies, as does The Film Collaborative. NB: Dylan Marchetti of Variance makes a correction to this. “Fees vary wildly depending on the film and release”. So sometimes they can do backend tied fees only, but not always.
The Film Collaborative is theatrically releasing UNDERTOW (which won the World Cinema Audience Award at Sundance). Stay tuned.
Orly Ravid July 28th, 2010
Posted In: Film Festivals, Marketing, Theatrical, Uncategorized
Tags: 4 Wall, Adam Yauch, Alternative venues, AMCi, Cannes, Cinedigm, Dylan Marchetti, Emerging Pictures, Exit Through the Gift Shop, Eyes Wide Open, Girl with the Dragon Tattoo, Hybrid theatrical, Ira Deutchman, Joshua Green, Laemmle, LAFF, marketing strategy, Mother and Child, My Name is Love, Netflix, New Video, New York, Oscilloscope, Phase4, Quad Cinema, Sympany Space, The Film Collaborative, The Kids are Alright, The Weinsteins, theaters, Theatrical, TIFF, Undertow, Variance Films, VOD
TFC Tidbit of the Day 23- Consider Innovative Ways to Theatrically Release Your Film
Instead of spending tons of money trying to inspire boxoffice success or buying it, create “events” around screenings….have live performances, Q&A’s, invite big groups of people to bring their members, etc. Don’t be passive….fill that theater with everyone you know and you just might convince other people that there is a built-in audience for your film.
This does not have to happen via the traditional theatrical model though. That can be a small part of the release to get reviews, but the rest can be a sort of EVENT THEATRICAL or HYBRID THEATRICAL release and you can sell DVDs at the screenings and build your community list and dialog too. Companies such as Fathom, Screenvision, Cinedigm offer alternative theatrical bookings and event screening options in traditional theatrical chains such as AMC, Cinemark, and Regal. (Stay tuned for our next blog on this topic and we’ll cover services such as Emerging Pictures too).
Selling DVDs at festivals and event screenings is a key revenue stream and should not be overlooked.
Orly Ravid July 27th, 2010
Posted In: Film Festivals, Marketing, Uncategorized
Tags: AMC, Cinedigm, Cinemark, Emerging Pictures, Event Theatrical, Fathom, Hybrid theatrical, independent film, Regal, Screenvision, The Film Collaborative, theatrical distribution, theatrical release
TFC Tidbit of the Day 17: Can my film ask for a screening fee on the film festival circuit?
The quick answer is YES….well, maybe. It depends how sought after your film is, and who is representing your film. If you have a world premiere at one of the top film festivals like Sundance or Cannes or a handful of others, then Festival programmers will request to see your film.
The general rule is if a programmer REQUESTS to see your film and then accepts the film, you can ask for a rental fee (usually between $500 and $1,000 is a good place to start). If you SUBMIT to a Festival, then generally they will not pay you. However, if you are represented by a distributor or a producer’s rep, they may have more negotiating power and be better able to get you a screening fee. ALSO….niche festivals such as Latino Fests, Jewish Fests, LGBT Fests, Asian fests etc. are much MORE likely to pay you fees to screen your film, because there is less product for them to choose from, so they are more likely to NEED your film in their Festival.
Orly Ravid July 19th, 2010
Posted In: Film Festivals
Tags: Cannes, Film Festivals, independent film, screening fees, Sundance, The Film Collaborative
Emerging Distribution that Film Festivals are offering to Filmmakers
This blog is focused on Digital Distribution and new media. The link to our Digital Distribution Guide on our site is below. Recently, I’ve been thinking about the emerging distribution film festivals are offering to filmmakers. Unofficially TriBeCa noted that they will start being a full on distributor for about 10 – 12 films, but mostly name-driven films, so there’s that limitation. This will sometimes include theatrical and also DVD and definitely key VOD and digital platforms they are resolving with (Comcast, Charter, Cox, Time Warner) under the TriBeCa brand. Sundance is offering theatrical exhibition for one day at its affiliated Art House screens across the country for 8 films. The pending announcement of the Amazon VOD Digital Pass to Sundance is great, it’s just one platform (it should be noted that I have not heard a peep about this since Amazon first noted it to me a couple months ago. Some Sundance films will be exhibited on YouTube, that much is true). We keep encouraging festivals to behave like The Collaborative and extend distribution to more films and more platforms. Studios are working with theatres on narrowing the gap in windows between theatrical, DVD and VOD and remunerating theatres accordingly and I have always suggested alternative modes of public exhibition such as split screens, calendar bookings and event screenings in close tandem with all other distribution to best utilize marketing and awareness and finally the studios and theatres are following suit. I’ll expand on this soon.
Some key updates that tickle my fancy:
- DIGITAL LOCKER: The concept of a Digital Locker is being tested whereby one price would be paid for the right to access the film digitally on any and all platforms for a one-time fee.
- NETFLIX announced Best Buy as latest instant movie streaming partner. CinemaNow also has a partnership with Best Buy. NETFLIX also announced its plans to have its streaming be international next year. This coupled with pan territory iTunes distribution potential and Sundance Channel having a platform channel in France, Benelux and Singapore so far, and other territories coming soon suggests the real viable option of worldwide digital distribution.
- HULU announced it plans to offer a subscription service. Can it compete in film???
- COMCAST’S On Demand Service will go live in December. Details of Comcast’s On Demand Online service surfaced at the NewTeeVee Live conference with the big news being that the service will launch next month. Comcast Interactive Media President Amy Banse didn’t give a specific launch date for the service that will put popular TV content onto PCs, but she said it would launch before Hanukkah, which starts Dec. 11. On Demand Online, which is Comcast’s version of Time Warner’s TV Everywhere, has been in beta testing with 5,000 users since July. Comcast currently has 24 programmers lined up to provide content to On Demand Online via Comcast.net and Fancast.com. The service is free to Comcast’s subscribers. Banse said when Comcast subscribers log on to either of the sites for the first time to use the service, a Move Networks player and authentication device will be downloaded. The authentication device will allow subscribers to access the same content they currently pay for, such as HBO on Demand, on their PCs. Banse said customers can authenticate up to three devices. “Breaking news: You’ll be able to use it both in the home and out of the home,” Banse said.
- VERIZON announced: In the five years since the FiOS network was first deployed, Verizon has introduced the only national fiber-to-the-home TV service and has been an industry leader in high-definition TV; pioneered blistering broadband speeds of 50 Mbps (megabits per second) downstream and 20 Mbps upstream; and blurred the lines between cable TV and Internet with, among other tools, an interactive media guide that merges content from broadcast TV, the Internet and a customer’s private photo, video and music files.The FiOS platform, capable of integrating Internet and TV functions, has fostered the development of dynamic new on-screen TV widgets that enrich the entertainment experience by linking Web resources to what appears on-screen. Verizon’s Facebook and Twitter widgets, for example, turn static TV into social TV by letting subscribers connect with others while watching their favorite shows. FiOS TV’s RedZone and ESPN Fantasy Sports widgets convert a living room into a virtual sports bar, with instant access to statistics, scores, news and real-time critical plays.
- Now on shelves: Flo TV’s Personal Television.
Mobile television provider Flo TV’s first independent device hit store shelves today.
The portable television, dubbed Flo TV Personal Television, is currently available at Amazon.com and Best Buy. RadioShack will begin selling the device in the coming weeks. “The Flo TV Personal Television is a dedicated device for consumers’ on-the-go lifestyle that is perfect for sharing with friends and family, as well as for personal viewing time,” said Bill Stone, president of Flo TV. As part of the launch, Flo TV is providing six months of service free with the purchase of the device, which retails for $250. The Personal Television features a touchscreen and a 3.5- inch QVGA display Click here!. The device’s battery supports more than five hours of viewing time and 300 hours on standby. Flo TV, a subsidiary of Qualcomm, announced in October that it would be launching direct-to-consumer services independent of its carrier partners AT&T and Verizon Wireless. It earlier landed a deal with Audiovox to provide in-car mobile television. - AT&T recently lowered the price for its white-labeled mobile television service to $10 per month and launched a new mobile-television-enabled handset, the Samsung Mythic.
Please see the DIGITAL DISTRIBUTION GUIDE for information on platforms and the Tips for Filmmakers and rights definitions.
Orly Ravid November 12th, 2009
Posted In: Digital Distribution, Distribution Platforms, Film Festivals