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One issue for distributors is the backlog of films waiting to be released, which may deter buyers from picking up completed films. “I’ve looked at some lovely finished film that I just wouldn’t want to take on,” Stewart says.Courtesy of Patrick Redmond/Cornerstone From Embankment’s perspective, the independent film business appears to be in good health. “We can tell this by the fact that the films are getting financed very quickly, and that crews are basically booked up everywhere,” one of the firm’s partners Hugo Grumbar says.
However, the growth in the number of streaming outlets is lifting the business. “It’s brilliant,” Haslam says. “More platforms, more outlets, more programming needed.”“Because they’re buying so many different types of movies, they’re allowing for a greater volume of movies to exist, and exist profitably for content creators,” Basner says.
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