Please Note: Once you press play it will take a few seconds for the episode to start playing.

Coronavirus and the Affect on the Indie Film Business

We are living in a crazy world, my friends. I wanted to do an episode on the effect the Coronavirus is having, not only on the film industry at large but also on how it will affect the indie filmmaker. With major events canceled like SXSW, MIPTV, CinemaCon and, Cinequest, indie filmmakers are already feeling the effect. Twenty four of the largest theater owners in China have pulled out of CinemaCon, the largest convention of international theatrical exhibitors. Is the Cannes Film Festival and Market next?

Production has stopped on Mission Impossible 7, which was shooting in Italy and the extremely popular The Amazing Race reality show has been suspended. The new James Bond film No Time to Die has been pushed until Nov 2020. Disney’s Mulan, which is a love letter to the Chinese market has canceled it’s China premiere and the release date in the US is up in the air.

The Chinese box office has been at a standstill. 70,000 screens have been closed since January with no word when they will open. This has cost $2 billion in lost revenue to the Chinese and world film industry. The worldwide box office has lost $4 billion to date and growing each day. The theatrical box office was down 26.6% vs 2018 and this could be a MAJOR nail in the coffin of an already vulnerable theatrical business. We are in crazy times, my tribe.

In this episode, I go over how this event is affecting indie filmmakers, what they can do to prepare, adjust and/or pivot in the coming weeks and months. It has never been more important for filmmakers to adopt the Filmtrepreneurial Method. Diversification of revenue streams is the only way filmmakers can hedge their bets in the uncertain times ahead.

Sit back, pull up a stiff drink and take a listen.

Right-click here to download the MP3 
Download on iTunes Direct
Watch on IFH YouTube Channel



LINKS AND RESOURCES MENTIONED IN THIS EPISODE

SPONSORS

  1. $1 Closed Captions for Indie Filmmakers – Rev ($10 Off Your First Order)
  2. Shooting for the Mob (Based on the Incredible True Filmmaking Story)
  3. Shooting for the Mob – FREE AUDIOBOOK VERSION

REAL-WORLD STREAMING FILM EDUCATION

  1. Indie Film Hustle TV (Streaming Real-World Film Education)
  2. Hollywood Film School: Filmmaking & TV Directing Masterclass
  3. Filmmaker in a Box – Learn How to Make an Indie Film – 18 Hours+ of Lessons 
  4. Storytelling Blueprint: Hero’s Two Journeys
  5. The Dialogue Series: 38 hours of Lessons from Top Hollywood Screenwriters

WATCH THE FILMS

  1. On the Corner of Ego and Desire – FREE on Amazon Prime
  2. This is Meg – FREE on Amazon Prime

FILMMAKING RESOURCES

  1. Indie Film Hustle® Podcast
  2. Filmtrepreneur™ Podcast
  3. Bulletproof Screenwriting® Podcast
  4. Six Secrets to getting into Film Festivals for FREE!
  5. FreeFilmBook.com (Download Your FREE Filmmaking Audio Book)

Action Items:


If you liked Coronavirus and the Effect on the Indie Film Business, then you’ll love:


Enjoyed Coronavirus and the Effect on the Indie Film Business? Please share it in your social networks (FacebookTwitter, email, etc) by using social media buttons at the side or bottom of the blog. Or post to your blog and anywhere else you feel it would be a good fit. Thanks.

I welcome thoughts and remarks on ANY of the content above in the comments section below…


Get Social with Indie Film Hustle:
Facebook: Indie Film Hustle

Twitter: @indiefilmhustle
Instagram: @ifilmhustle

Podcasts You Should Be Listening To:
Podcast: Indie Film Hustle® Podcast
Podcast: Bulletproof Screenwriting® Podcast
Podcast: The Filmtrepreneur® Podcast

Stuff You Need in Your Life:
IFHTV: Indie Film Hustle TV
Book:
Rise of the Filmtrepreneur®: How to Turn Your Indie Film into a Moneymaking Business
Book: Shooting for the Mob (Based on the Incredible True Filmmaking Story)


Gain Access to IFHTV Here


Please note some of the links below are affiliate links, and at no additional cost to you, I will earn a commission if you decide to make a purchase or use a service. Understand that I have experience with all of these services, products, and companies, and I recommend them because they’re extremely helpful and useful, not because of the small commissions I earn if you decide to buy something.

Facebook Comments

Leave a Comment