Hey fellow creatives! I’m doing some research on the current mood of the filmmaking environment before jumping into my next project. I invite all thoughts considering the below statement: ‘Only the most visionary ideas likely to generate sustainable growth will be selected in order to deliver excellent financial returns to investors.’ My question: How viable would developing and pitching concepts of movie musicals be right now? And... Go!
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That statement - means literally nothing to me. WTF is a "visionary idea" to an "investor" - who by definition is conservative and only likes proven concepts? In 25+ years in the industry, I have never seen an investor who understands the word "visionary." For that matter what does it mean to whoever wrote this statement? Do they understand investors? As for your question on musicals - your guess is as good as mine. I am developing two, both with large built-in audiences and I believe that they can be very successful. On the other hand, is the fact that Cats bombed like it had a nuclear warhead going to put off investors from musicals?
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Investors don't finance "visionary ideas" ... they look at the project, and those that invest in movies, have someone look at the package for them. Then they look at you, and ask themselves, "Do I have confidence that this filmmaker will be able to pull this off and make me some money?" And the bit on the 'excellent financial returns...' always get followed up in your documents with the disclosure (paraphrase): "Making movies is risky, and there's no guarantee my project will make any money."
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Lindbergh Hollingsworth You hit the nail on the head - it's always a personal assessment.
Thank you guys! Valuable insights, much appreciated.