the future of "small movies"

by eug
April 4, 2007 5:32 AM
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Buried in yesterday's Variety story about the merger of Celluloid Dreams and Hanway Films is the following insight, noting that the new company -- Dreamachine -- will pull back from foreign language and arthouse "product" (as they call it):

"We can't any more carry these small movies. I feel I'm hurting my distributors by tempting them to go with these festival films, for which there's no economy today," [Hengameh Panahi] said.

That quote immediately jumped out at me and we immediately asked Anthony Kaufman to write a piece exploring a bit further. He spoke with Hengameh Panahi this morning and we expect to publish a story this afternoon...

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