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August 19, 2009
The cost of "free": how can films keep being financed?
Brian Newman, former CEO of the Tribeca Film Institute, ponders: "With the ease of "frictionless" access to media online, how will any production costs be paid for? "The Internet is a super-distribution machine that allows copies of digital media to flow in an almost frictionless way. As the wealth and survival of traditional media businesses are built on selling precious copies, the free flow of free copies is undermining the established order. If reproductions of media are free, how can we keep on financing films and how can we find value in the media we create and sell?"
Posted by Ray Pride at August 19, 2009 01:28 PM
Comments
Excellent story Ray, he lays it out. Flip side, this three alarm headache can only be imitated...
http://online.wsj.com/article/BT-CO-20090731-705878.html
Posted by: T. Holly ![[TypeKey Profile Page]](http://www.mcnblogs.com/mcindie/nav-commenters.gif)
at August 19, 2009 09:55 PM
by the studios, that is. Brian Newman, hits the nail on the headache -- get new tools.
Posted by: T. Holly at August 19, 2009 10:04 PM
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