Independent filmmakers are finding new ways to make money by using streaming services. Here are some important ways they do this:
Direct-to-Streaming Releases: Almost 60% of independent films are now released straight on streaming platforms. This means they skip movie theaters, which can be expensive.
Revenue Generation: In 2021, streaming services made $18 billion from independent films. This shows that smaller projects are becoming more profitable.
Audience Reach: Streaming platforms found that independent films make up about 30% of what people watch each month. This gives filmmakers a chance to reach more viewers without being limited by location.
Budget Management: The average cost to make indie films dropped by 20% during the pandemic. This lower cost means filmmakers only need to earn about $100,000 to break even, making it easier to make a profit.
Data Utilization: Independent filmmakers are using information from streaming services to understand what’s popular. This helps them make better choices about what to create and how to share it.
Independent filmmakers are finding new ways to make money by using streaming services. Here are some important ways they do this:
Direct-to-Streaming Releases: Almost 60% of independent films are now released straight on streaming platforms. This means they skip movie theaters, which can be expensive.
Revenue Generation: In 2021, streaming services made $18 billion from independent films. This shows that smaller projects are becoming more profitable.
Audience Reach: Streaming platforms found that independent films make up about 30% of what people watch each month. This gives filmmakers a chance to reach more viewers without being limited by location.
Budget Management: The average cost to make indie films dropped by 20% during the pandemic. This lower cost means filmmakers only need to earn about $100,000 to break even, making it easier to make a profit.
Data Utilization: Independent filmmakers are using information from streaming services to understand what’s popular. This helps them make better choices about what to create and how to share it.