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Alex Ferrari - Rise of the Filmtrepreneur: How to Turn Your Independent Film into a Profitable Business

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Its harder today than ever before for independent filmmakers to make money with their films. From predatory film distributors ripping them off to huckster film aggregators who prey upon them, the odds are stacked against the indie filmmaker. The old distribution model for making money with indie film is broken and there needs to be a change. The future of independent filmmaking is the entrepreneurial filmmaker or the Filmtrepreneur. In Rise of the Filmtrepreneur author and filmmaker Alex Ferrari breaks down how to actually make money with independent film projects and shows filmmakers how to turn their indie films into profitable businesses. This is not all theory, Alex uses multiple real-world case studies to illustrate each part of his method. This book shows you the step by step way to turn your filmmaking passion into a profitable career. If you are making a feature film, series or any kind of video content, The Filmtrepreneur Method will set you up for success.

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Rise of the Filmtrepreneur: How to Turn Your Independent Film into a
Moneymaking Business

Copyright 2020 by Alex Ferrari

All rights reserved. No portion of this publication may be reproduced stored in a retrieval system or transmitted by any meanselectronic mechanical photocopying recording or any otherexcept for brief quotations in printed reviews without the prior written permission of the publisher.

Editor: Connie H. Deutsch

Book Design: John Garvin

Cover Art: IFH Books

Photography by: Suki Medencevic

IFH Books - A Division of IFH Industries Inc.

916-C W. Burbank Blvd #257

Burbank, CA 91506

www.ifhindustries.com

Ordering Information:

Quantity sales: Special discounts are available on quantity purchases by corporations, associations and others. For details contact the publisher at the address above.

Orders by US trade bookstores and wholesalers: Please contact the publisher at the address above.

Printed in the United States of America

Library of Congress Control Number: 1-8257004391

ISBN Paperback: 978-0-578-60865-5

First Edition

This book is dedicated to the Indie Film Hustle Tribe because none of this - photo 2

This book is dedicated to the Indie Film Hustle Tribe
because none of this would be possible without their support.

Keep on Hustlin

Alex Ferrari

TABLE OF CONTENTS

Preface: Who is this Guy?

Chapter 1: Why Most Independent Films Fail

Chapter 2: What is a Filmtreprenuer?

Chapter 3:The Birth of the Filmtrepreneur Method

Chapter 4: The Vegan Chef Movie

Chapter 5: The Filmtrepreneur Business Model

Chapter 6: The Riches are in the Niches

Chapter 7: Testing Your Idea

Chapter 8: Lets Think Outside the Box

Chapter 9: Lets Make a Movie

Chapter 10: Finding the Money

Chapter 11: Building an Audience

Chapter 12: Micro-Budget Filmmaking

Chapter 13: The Money is in the Lunchboxes

Chapter 14: Teach and They Will Come

Chapter 15: Selling Services and Yourself

Chapter 16: Getting Your Film into the World

Chapter 17: The Untold Dark Side of Film Distribution

Chapter 18: Video-on-Demand

Chapter 19: Self-Distribution115

Chapter 20: Film Aggregators A Warning

Chapter 21: Four Walling

Chapter 22: On-Demand Screenings128

Chapter 23: Selling Yourself at a Film Market

Chapter 24: Regional Cinema Model

Chapter 25: How Not to Release a Film

Chapter 26: Marketing

Chapter 27: Film Festivals

Chapter 28: Test, Adjust and Pivot

Chapter 29: Expand and Grow

Chapter 30: Reversing the Filmtrepreneur Method

Chapter 31: Side Hustles of the Filmtrepreneur

Chapter 32: Art vs Commerce

Chapter 33: This is Just the Beginning

Afterward: Careful What You Wish For

Want to Be a Filmtrepreneur?

Glossary of Terms

PREFACE
Who Is This Guy?

I would be asking the same question. My name is Alex Ferrari and I have been taking shrapnel in the film business for twenty-five years. Ive worn many different hats on my filmmaking journey; production assistant, office PA, assistant editor, film editor, colorist, post-production supervisor, online editor, television promo predator, movie trailer editor, visual effects supervisor, lighting guy (though I dont consider myself a cinematographer), screenwriter, producer, and finally director. There are probably another few dozen jobs I have done while following my filmmaking dream but directing has always been my passion.

Ive been lucky enough to work with some of the biggest companies and studios in the world and have directed music videos, commercials, television shows, streaming series, shorts and feature films. My award-winning films have been screened in close to six hundred international film festivals, sold internationally, and licensed to major streaming services like Hulu.

My first book Shooting for the Mob (www.shootingforthemob.com) chronicles my misadventures in Hollywood almost directing a $20 million feature film for a bi-polar ex-gangster. Yes, its a true story. During that long chapter of my life I met billion-dollar producers, studio heads, the biggest movie stars on the planet and I even got to meet Batman. Yes, that Batman. Youll have to read that book to find out how that happened.

During my time working in post-production I had a front-row seat to hundreds of film projects. I was able to see how those films were put together, how they failed or succeeded. Working in post-production, I spent hundreds of hours in a dark room with producers and directors. I would hear stories of film production dramas and distribution nightmares.

It didnt matter if they were seasoned filmmakers or fresh out of film school they all had torturous stories they were all too happy to share. I kept seeing my fellow independent filmmakers get eaten alive by the film business and I finally had enough. In 2015, I launched Indie Film Hustle (www.indiefilmhustle.com) as a real and raw resource to educate and inspire filmmakers on their filmmaking path. I set out to help filmmakers with some tough love and shared whatever experience and information I had gathered on my trek through Hollyweird.

Soon after, I launched the Indie Film Hustle Podcast , and within three months, it became the #1 filmmaking podcast on Apple Podcasts. The show has since been downloaded millions of times by filmmakers around the world.

I have had the pleasure of interviewing hundreds of the biggest and most successful filmmakers, craftsmen, film business gurus, industry giants, million-dollar screenwriters, inspirational leaders and everyday indie filmmakers on the show.

Ive always been drawn to the entrepreneurial side of the film business. As you will read in the upcoming chapters, it has been in my blood for as long as I can remember. While officially interviewing guests for my show, unofficially asking questions of filmmakers in my post-suite or working on set I began to notice patterns of success. What made one film project fly while another would come crashing down in a glowing ball of flame? I saw that the success stories would fall into three categories.

THE LOTTERY TICKET WINNERS, filmmakers being at the right place at the right time with the right product. Mythical stories like Robert Rodriguez with El Mariachi , Kevin Smith with Clerks , or Oren Peli with Paranormal Activity to name a few. This group went down the magical route.

THE SAVVY PRODUCER, filmmakers who understood the marketplace and built film product based on genre, domestic and international sales, attached star power and had an understanding of budget and marketing. This group went down the traditional route.

THE OUTSIDERS, filmmakers who took a holistic approach to creating not only films, but multiple revenue streams based off those film projects. These filmmakers were outsiders making up their own rules as they went along.

I was most interested in the third group. They seemed to be more entrepreneurial in nature. I coined the word FILMTREPRENEUR to describe this group of renegades. I studied the patterns, thought processes, failures, and successes of these filmmakers. This is the subject of the book you are about to dive into.

I believe that the future of independent film will be the Filmtrepreneur Method. Independent filmmakers need to think differently. They cant play by the rules that the rest of the film industry plays by. I identified with this group so much because I was using the Filmtrepreneur Method at the beginning of my career without even knowing it but Im getting ahead of myself.

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