via jawbone.tv
Speaking at the Power to the Pixel forum (see 'Power to the Pixel: Making Sense of Cross-media'), at this month’s Times BFI London Film Festival, the former CEO of the Tribeca Film Institute exploded many of the myths of traditional film distribution. To audience cheers, Newman revealed how indie directors can actually make more money by releasing their work for ‘free’. The first thing to understand, says Newman, is that traditional distributors’ advances for indie movies are very small: $15,000 is average, rising to $50,000 for a Sundance award-winner. The second is that most demand rights in perpetuity. Adapting an article by Wired magazine co-founder Kevin Kelly to the movie industry, Newman proposed eight ways for film-makers to be ‘Better than free’. Read more..jawbone.tv

