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OHM PROVIDES VALUABLE ASSISTANCE TO FILMMAKERS
If you think the popularity of recent indies, Slumdog Millionaire, The Secret, and Whale Rider was a fluke... think again.
"The appetite of entertainment lovers drawn to films with a poignant and compelling message produced outside of the Hollywood studio system is growing dramatically and heralds in new and profitable opportunities for independent films and their viewers," explains Aggie Kobrin, Chief Business Officer of Off Hollywood Media™ (OHM).
With nearly 70 percent of all motion pictures being independently produced today, the independent film is no longer an anomaly. OHM, is an expert in entertainment distribution for the progressive-minded independent film viewer who is looking for enlightened, engaging, educational and socially relevant content. Kobrin believes this trend is good news for all movie lovers.
Some of the reasons behind this trend are:
- This is a $4 billion industry today, and will grow to $10 billion within three years.
- Source: Media by the Numbers
- International distribution outlets are driving market growth. As much as 50 percent of today's film revenue comes from foreign distribution.
- Source: Screen Finance
- Increasing opportunities and reduced risk are fueling an increase in the number of independent film companies and the scale of production.
- Independent film companies are no longer as reliant on U.S. theatrical release to cover production costs, enabling them to exploit new distribution opportunities.
- Profit potential is escalating with new technologies and ancillary market growth: notably, the emerging digital market in online streaming and video; the continuing development of sales to cable and other television outlets; and the growth of the home video industry both are rental and sales markets.
In light of the dramatic changes to the independent film market and distribution opportunities, OHM predicts it won't be long before a boutique of highly-focused film content, unsurpassed quality, and exceptional customer experience will be available on demand - anywhere, anytime. Pass thee popcorn!
Learn more at: www.OffHollywoodMedia.com
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