U.S. Streamers and Studios More Flexible in Engaging With European Producers – Locarno StepIN Takeaways
Nick Vivarelli International CorrespondentThe rules of engagement between U.S. studios and streamers and European producers are starting to change.That was a key takeaway from the Locarno Film Festival’s StepIN think tank on the state of the indie film industry, where on Wednesday some 50 European and international invited industry players participated in a daylong event involving working sessions to exchange thoughts on practices and business models and propose new ideas and strategies.“The old model that the global streamers used to apply of ‘all or nothing’ and wanting to own everything forever has really now developed into a much more flexible approach,” said Carlo Dusi, head of London-based Endor Productions, who was the notetaker of the round table on New Opportunities for Film Financing and Production, presenting his group’s conclusions.