So You Want A Pay TV Deal? -- May 5, 2008
I started getting all my things together for Cannes Film Market
which begins in little over a week. Whooooeeeeee! And for all
of you who have been asking, YES we plan to take little videos
and post them up for you "Live From Cannes" style, so you'll
be able to experience it with us, even if you're not there.
That is barring any technological melt-downs! So there's been a lot going on in the last couple of weeks
in the Pay TV arena. And I know from my experience consulting
with filmmakers that getting a Pay TV deal is one way filmmakers
hope to recoup some of their budgets. Well if you recall, in the All Channel Films Audio Seminar a
couple of months ago, we learned that although big Pay TV deals
for indies are rare they aren't impossible to get IF you have
the right ingredients. We also learned that VOD/PPV can be even
MORE of a profit center for indies than Pay TV. To get a refresher
course on all this, you can check out the ALL CHANNEL Audio
Seminar here:http://www.filmspecific.com/members/578.cfm Now for how this relates to current events... First of all, Paramount, MGM, and Lionsgate have joined forces
to launch a rival movie channel and VOD service to Showtime,
under the Viacom umbrella. Word on the street is that Showtime
is stressed out about this. Why? Because it means they will
lose 3 of their biggest suppliers of movies (remember, big
studio output deals are their lifeline). But guess what? They're
saying that indies might be in higher demand now, since they
still need tons of content to fill their movie slots (even
though they're relying even more on their original programming
than ever before). And secondly....even though the demand for indies might be
increasing at Showtime in the short term, over the long term
the Pay TV window in general is shrinking in importance. The
main reason for this is because Studios are getting fed up
with the decrease in license fees from the big Cable networks
(which is what caused them to go off and start their own channel
in the first place). Thus, they are starting to invest more
in the VOD/PPV window which has much higher margins. In fact,
just last week Warner Brothers said they will begin releasing
their films on DVD and VOD/PPV on the same day. Mind you, they
are also looking to replace declining DVD revenues, but VOD/PPV
continues to be a HUGE profit center for Studios. Great news is,
indies can participate in VOD/PPV distribution as well. So don't
forget to add that to your distribution plan. And speaking of Distribution Plans, we had info-packed Advanced
Seminar this weekend on GETTING THE MOST OUT OF CANNES. If you
missed it, you can download the MP3 right here:
http://www.filmspecific.com/members/626.cfm Following the seminar we had a live Q+A and I got to speak
extensively with one participant on crafting inquiry letters
to distributors. During the impromptu consultation, I realized
what an important topic this is, so I've pulled together a nice
PDF download called "Distributor & Sales Agent Inquiry Letter
Samples". Get your hands on it right here:
http://www.filmspecific.com/members/635.cfm That's it for now gang! Have a great week and I'll speak to
you again soon... To your success,
Stacey*
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