Indie Recovery Builds Amid Inflation, Interest Rate Jitters – Specialty Preview
deadline.comThe Forgiven with Jessica Chastain opens in 122 theaters this weekend as the flow of indie films continues to build with well-reviewed, festival-pedigreed product including Mr.
Malcom’s List and Clara Sola. Meanwhile, producers and most other U.S. businesses are hoping economic storm clouds won’t ding their industry’s nascent revival.“I think we have seen a slow recovery.
We are feeling bullish,” said Howard Cohen, co-president of The Forgiven distributor Roadside Attractions. He cited a helpful “knockoff effect” from popular wide releases Elvis and Top Gun: Maverick, where a significant chunk of the audience is an arthouse-friendly 55 and over.
He’s talking about moviegoing, a great value for people during economic slowdowns when box office grosses have tended to rise.
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