Redford Says Times Are Tough For Indie Filmmakers
Robert Redford has suggested that these are dire times for independent filmmakers. In an interview with the Wall Street Journal , the founder of the Sundance Film Festival said that the struggle to find financing for films has become more "intense." Studios who previously backed independent filmmakers have "become more of a clearing house now." Instead, he said, they have brought in "all kinds of outside investors ... [who] tend to be these unsophisticated non-film people." Often, he suggested, "they'll pull out at the last minute because of their lack of sophistication and leave the filmmaker high and dry. So as all these investors pull away, and distribution moves online, one has to wonder, 'Where is the money going to come from?' And I just don't know."