Matt Donnelly Senior Film Writer No feature film has it easy in the modern theatrical and digital landscape, but 2022 has been particularly fraught.
Warner Bros. is outright shelving pricey titles like “Batgirl,” Netflix has gone back to the drawing board thanks to its stock stumble and Amazon is focusing its resources on the almost-billion-dollar rollout of its “Lord of the Rings” TV series.
For fledgling indie movies that come to film markets, like the one currently underway in Toronto, the streamers used to be a safe and lucrative bets for distribution.
As these now-legacy companies scramble to cut costs and boost subscriptions to please stockholders, the indie film industrial complex has once again been forced to pivot. “It feels like we’re at the tail end of a wait-and-see period,” said John Sloss, founder and CEO of the sales agency Cinetic. “I think there was a reset this summer, and we’re all waiting for the fall season to see what the future looks like.” Roeg Sutherland, CAA Media Finance co-head, said the market “consistently changes.
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