Movie Trivia: Picturehouse Abandoned, Warner Independent Locked Up
I genuinely do NOT know what to make of this, folks. I’m abundantly confused. The puzzlement shoots through my soul like bolts of lightning as I announce that Picturehouse, the guys who handled Pan’s Labyrinth, and Warner Independent are both offline. Seventy people lost their jobs, and what does this all mean?
Warner Brothers President and Chief Operating Officer Alan Horn would have you believe this line of drivel:
“We’re confident that the spirit of independent filmmaking and the opportunity to find and give a voice to new talent will continue to have a presence at Warner Bros.”
Basically translates as “We don’t know what we’re doing or how indie films actually work. We can’t hawk them like regular pictures so we’re getting out of that market before we hemorrhage any more cash.”
Indeed, Warner lost a spectacular amount of cash on the indie film market, which leads me to–surprisingly–a conclusion. Oh yes, I was confused, but now I sit at my keyboard, with a smug smile and just one thing to say to Warner:
GOOD RIDDANCE.
You have done one fantastic thing for the indie film community, Warner, and you have proven that hidebound, monolithic ultracorps like yourselves just plain old CAN’T. HANG. AOL Time-Warner is one of the largest conglomerations on the face of the earth. Its annual revenues are measured in billions. It dwarfs the economies of many, many countries. Half of South America would kill the other half to have Warner’s bottom line.
But they can’t make a profit on independent film.
Yet it’s being done. Being done every day, as a matter of strict fact. Oh, sure, maybe not a whole lot of profit, but surprise surprise, there’s plenty of folks out there making a living on the indie circuit. They’ve got to be quick and they’ve got to be agile and they’ve got to innovate like no tomorrow but it can be done.
The massive fiduciary lummox known as AOL Time-Warner, meanwhile, is perfect proof that not just anybody can handle it.
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