You may have seen my latest video in Instagram talking about this but I had five conversations this week with producers and distribution execs who are actively packaging and selling projects right now. A pattern emerged that I can't stop thinking about:
Companies can't just excel in one area anymore. Production companies are opening management firms. Sales agents are becoming distributors. Distributors are financing titles and turning into studios. Everyone's scrambling to vertically integrate, building larger libraries to have more leverage when negotiating with networks and streamers.The market itself is healthy.
Tax incentives in places like Saudi Arabia are hitting 50%. Projects are getting financed. But here's the catch: the problem isn't finding money: it's cutting through the noise.
We're competing with TikTok creators, digital studios, vertical content platforms, and hundreds of other options audiences have at their fingertips. More content is being made than ever before, but audience attention is finite.
Which brings me back to the same conclusion everyone keeps arriving at: talent is the #1 commodity. A-list actors, Oscar-winning directors, breakout showrunners—they're what cut through the noise. They're what get projects financed, packaged, and sold.And what attracts talent? Great writing.
Here's what I keep wrestling with: If you're a producer or filmmaker trying to get a project financed and distributed right now, how do you decide which path to take? Do you go straight to buyers and let them front the money? Or do you take the indie route, rely on private equity, and bet on acquisition after a festival run?
Some projects are obvious: sub-$3M budgets belong in the indie world. But so many projects fall somewhere in between, and the line keeps getting blurrier when most indie films end up on streamers anyway.
So here's my question for you: How are you deciding which distribution path is right for your project right now? Is it budget? Talent potential? Your existing relationships? Or are you just taking your best guess and hoping it works out?
I'd love to hear how you're thinking about this—especially if you're in the middle of figuring it out yourself.
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Great question Geoffroy Faugerolas While I am certainly biased, for which I make no hesitations, I strongly always advise and utilize my own such advice - know what the project costs to make. Without...
Expand commentGreat question Geoffroy Faugerolas While I am certainly biased, for which I make no hesitations, I strongly always advise and utilize my own such advice - know what the project costs to make. Without a real, professional film budget, it's a guess at where it fits in the market. Then you can talk about what cast is affordable, which companies it fits with, which financiers to approach, etc. Going in ambiguous, uninformed on one's own project is not a look I tend to respond to much. I am a big believer of taking charge, but then again I am a producer. That's what we do.
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Geoffroy Faugerolas This has been evolving for the last decade. Vertical integration, IMO is inevitable as the studio-controlled distribution nets dissolve along with brick-and-mortar, physical distri...
Expand commentGeoffroy Faugerolas This has been evolving for the last decade. Vertical integration, IMO is inevitable as the studio-controlled distribution nets dissolve along with brick-and-mortar, physical distribution itself. Part of this you didn't mention is the disappearance of a meaningful MG, following the disappearance of the meaningful advance. So in the era where a company actually can get to market without gatekeepers, we should all be doing it. For my company, the decision about who we deal with is based on "skin in the game." No opinion from people who aren't willing and able to put investment in is important. NO distribution goes through any party who doesn't put actual money down for the license.. We won't be doing MGs without a reasonable advance, won't be doing arrangements with anyone who doesn't have skin in the game. We can get to an audience ourselves and don't need parties on board who remove us 1, 2, 3, or more steps from the revenue stream, unless they can ensure that revenue stream is big enough to justify their take. To this end, we are part of the FilmPod startup which brings tools and streaming to independent filmmakers so they can control their own product.
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Geoffroy Faugerolas what really stands out in what you’re sharing is this tension: the money is there but attention is scarce. That’s a very different problem than we were dealing with even five or si...
Expand commentGeoffroy Faugerolas what really stands out in what you’re sharing is this tension: the money is there but attention is scarce. That’s a very different problem than we were dealing with even five or six years ago. It used to be about access to capital. Now it’s about signal versus noise. And you’re absolutely right, talent has become the shortcut through that noise. But talent attaches to writing. Which means, once again, the script is the leverage point. What fascinates me most about this shift is how much it reinforces strategic thinking. The creative and business sides are no longer separable. The question isn’t just “Is this good?” It’s “Where does this live and who is incentivized to champion it?”
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Ashley Renee Smith Exactly. And this is what it goes back to talent. Actors with a large following can make a different as we saw with IRON LUNGS: influencers can make an impact in a crowded space....
Expand commentAshley Renee Smith Exactly. And this is what it goes back to talent. Actors with a large following can make a different as we saw with IRON LUNGS: influencers can make an impact in a crowded space.
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We actually have a really awesome class coming up where we are breaking this down - how to think about your budget and what your distribution options are: https://www.stage32.com/education/products/a-...
Expand commentWe actually have a really awesome class coming up where we are breaking this down - how to think about your budget and what your distribution options are: https://www.stage32.com/education/products/a-step-by-step-guide-to-getti...