Finance your Independent Film – how to raise the readies
The idea that’s been incubating for a while is there; you have an idea of the cast and some possible locations; you’ve even started story boarding your independent film. Now all you need are the darn readies.
The good news is that most indie films are made for $20million or less. Mere peanuts then. Well – by Hollywood standards anyway. But there are opportunities in the market for low budget independent films. Currently there are two types of profitable films. There are those with astronomical $100million + budgets, and then there are those that are made for less than $1million. The mid-budget independent film has disappeared from the market as they are simply too expensive to profit from limited release.
With the introduction of digital technology, the opportunity to make low-budget independent films is greater than ever before. However, in an increasingly crowded marketplace, it can be difficult to get noticed, and harder still to attract investment.
So, with money scarce and the market flooded, how are you ever going to fund your project? Here are four ways you can finance your independent film…