Prolific indie film producer Ted Hope, who spent the past year as Executive Director of the San Francisco Film Society, recently posted “Towards A Sustainable Investor Class: Accessing Quality Projects” as a call to build a healthy independent filmmaking industry. As always, he makes an astute and excellent comment about the big picture of indie filmmaking. We engaged in a conversation, and here’s my comment about the industry and investors:
There existed at the turn of the century a game, it was fun and I’m sure you know of it, called Hollywood Stock Exchange, and I’m surprised to check now and find out it still exists.
I lost touch with it but as I recall, it treats the concept of movie values as a game; one “invests” in movies as one might in the stock exchange, but without any real money.
It always seemed to me that this is the perfect example of how investors perceive movies: a game to play, not an environment for real investment.