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March 31, 2005
Toasting AOLTimeWarnerNewLineFineLineHBOica
At a post-party for the premiere of The Ballad of Jack and Rose, the Observer's Jake Brooks fills a few cocktail napkins with indie go-tos going to Bob Berney's move to AOLTimeWarnerNewLineFineLineHBOica, building a case that "smaller-budget films... will not be the new company’s entire diet, like it was at Newmarket, which means more elbow room for independent film companies operating exclusively in that sphere. “There’s definitely one less company that’s chasing after films that are in [the] $1-$5 million range,” said Ryan Werner, the head of distribution at Wellspring. “There are not that many companies now, and as we try to grow, obviously, yes, the less competition the better." [Bingham] Ray, who founded the now-defunct October Films in 1990, agrees. He foresees a marked change in the marketplace and is now optimistic about starting a new independent venture. “I don’t think the same could be said a year ago at this time.”
Posted by at March 31, 2005 12:32 AM
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