Independent Spirit Awards: All this Can Be Yours for the Low, Low Price of $20 Million
Remember a few months ago when IFP boss Michelle Byrd admonished folks to not get too caught up in the word "independent," especially as it pertained to this year's Gotham Awards? And The Reeler surmised that IFP couldn't wait to have its cake with the likes of Fox Searchlight and Warner Independent and messily scarf it down, too? Of course you do. With that in mind, do not say you did not see this shit coming down the pipe: Variety reports today that the budget ceiling for this fall's Independent Spirit Awards nominees has been locked in at $20 million. But not a penny more, OK? That is not a misprint: If you cannot make your indie film for twenty fucking million dollars, then you are just going to have to settle for an Oscar or a Golden Globe or some other quotidian hardware that will defy and forever sully your carefully cultivated indie cred. Or as Variety's Pamela McClintock writes: Film Independent [formerly IFP/Los Angeles?Ed.] executive director Dawn Hudson said the new budget ceiling would give the nominating committee "wide latitude in choosing original, provocative films that are still made with an economy of means. Yes, Dawn, indeed we have long been deprived of awareness for films budgeted below $20 million--the "economy of means" that so hamstrung the likes of Sideways and that tiny DreamWorks pic House of Sand and Fog at the Spirit Awards a few years back. While we are at it, why don't we up the limit on budgets eligible for the John Cassavetes Award from $500,000 to $5 million? After all, Cassavetes did star in Rosemary's Baby, and that one was glued together with bubble gum at $3 million. Just an idea. Meanwhile, to all you filmmakers who just dropped as much as $250 on this week's IFP Market pass? That is what they call paying your dues in 2005. And look on the bright side--you probably just bought a killer trophy for George Clooney. Posted by stvanairsdale on Sep 23, 2005 at 08:46AM |
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