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Indie Film World Takes Stock of Market Landscape on Eve of Virtual AFM

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variety.com

Angus Finney As COVID’s shadow swept across the independent film market over the past 20 months, the banking and finance sector experienced a collective shudder: insurance was unavailable; completion bonders blocked COVID-19 cover; A-listers avoided shoots; and streamers shifted millions of eyeballs away from already shuttered cinemas.

Now, as AFM prepares for an all-online offering, with many grateful for the early decision to drop a physical event, entertainment bankers, second-tier financiers and sales companies are taking stock while looking forward to 2022.“During COVID, survival has become the new success,” says Mister Smith Entertainment’s David Garrett.

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