Movie Studios “Should be Very Afraid”

Patrick Goldstein of The Los Angeles Times looks at how dramatically the power has shifted from movie studios in the film industry:

“Anyone with an Apple computer can make a movie now — it’s never been a more democratic medium. The studios should be very afraid. Once the independent financiers start going directly to writers, things could change really fast.”

“While the studios peddle dreary remakes and special-effects extravaganzas, the movies that really get people talking — such as “Crash,” “Brokeback Mountain,” “Michael Clayton” and the upcoming “Juno” — have been financed by outside investors. None of the films had a big budget, but fiscal discipline and artistic autonomy often fuels creativity. “Ten million dollars to $30 million is where ambiguity stays alive, where you can have complexity in storytelling,” Gilroy says. “When you get up to a certain budget number with studio films, the bad guys have to all wear black hats.”