This article is from Motion Picture Central.
“Independent films can cost one dollar to fifty million dollars. The reason why it’s an independent film is because that’s where the money is coming from. But Is it coming from somebody who is guaranteeing distribution? Or is it coming from somebody who is hoping to sell the film for a small profit and go out to distribute or have somebody else distribute it? So independent film finances are all just defined from where the money comes from.” Read rest of article.
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Its all about the money!