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How to beat the indie financing system

This article was written by Eriq Gardner.

Anthony Millan knows how hard it is to make money in the independent film sector these days.

But after spending more than a decade as a financing consultant for Lionsgate, Relativity Media, Voltage Pictures and others, Millan recently took a major plunge anyway, raising nearly $10 million from associates and hedge funds to form Catch 22 Entertainment, his new full-service indie production, distribution and marketing outfit.

“It’s the Wild West right now in terms of financing a film,” says Millan, who hopes to invest in dozens of films with budgets ranging from $25,000-$25 million. “You have to look hard, but there are still great ways to find a nice reward, including making investments in small-budget films and gaining a profit from your own marketing and distribution.”

Read the rest of this article from Hollywood Reporter.

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