24 March, 2007

How new money is changing the film industry

The Economist:

"JUDGING by the number of times each was gushingly thanked by this year's Oscar winners, the people who finance films are now more important than God. Investors are certainly omnipresent in Tinseltown these days. If all goes according to plan, they will soon resurrect United Artists, a defunct studio, and the career of Tom Cruise, a star with a public-image problem. It is just one sign among many of how money from outside Hollywood is changing the film industry."

Also see Fund Your Feature guest posts at Danny's.

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