Archive for December, 2009

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FILM INDUSTRY NETWORK INTERVIEWS GARY GOLDSTEIN

PARIS – Hollywood producer Gary Goldstein has been behind some extraordinary successes in cinema, with films such as ‘Pretty Woman’, ‘Under Siege’ and ‘The Mothman Prophecies’ receiving numerous Academy Award nominations, People’s Choice Awards, a Golden Globe and other awards.  Critical success has been matched by outsized (Billion dollar) box office returns.

Gary’s expertise and enthusiasm ranges from philanthropy, to being a speaker, author and consultant, and as a ‘go to’ person for the Hollywood A list.

Film Industry Network brings you an insight into Gary’s successful mindset.

IN CONVERSATION WITH GARY GOLDSTEIN

How did you get your first feature made?

Every problem or obstacle is merely an opportunity in disguise, and that was certainly true when the WGA (Writers Guild of America) went on strike in 1988.  That strike lasted the better part of a year, inflicted grievous harm – economic and otherwise – not only on the Hollywood production communities of film and television, but on the economies of Los Angeles and California.

During that time, most everyone was in the grip of fear, not able to work, not able to generate income or move their projects forward.  No one was buying, the studios and networks simply shut down all production.

I saw an opportunity to shift gears and produce a low-budget ‘indie’ film.  At the time, I had my own literary management company representing writers and directors.  So I called one of my writer clients and asked him if he wanted to direct his first film.  We dusted off an older low-budget script of his, I went out and raised enough to cover a very modest budget (approximately $200k) and I became the film’s producer.

We prepped, cast, crewed, shot and post-produced that film in exactly four weeks.  We had an internal deadline, because that client, J.F. Lawton – a complete unknown at the time – and I were accepted to Sundance’s ‘production lab’ with a script then-titled “3000”.  That script later got produced and released as “Pretty Woman”.

So the moral of the story is simple.  Take action, do your passion, believe in yourself and what’s possible.  That little ‘indie’ – “Cannibal Women in the Avocado Jungle of Death” jump-started my producing career and I’ve never looked back.  Today, with all the technology and options available to us, anyone can make a short or feature film if they’re truly committed.

What do you believe is the most important asset to have in order to be successful?

Relationships.  Period.

Yes, persistence and pig-headedness are critical.  Taking consistent persistent daily action is imperative.  And all that must in large measure be focused on the goal of creating rapport and relationship with your “Top 100” list… the people you want to thank some day when you’re standing on stage, accepting an award, and acknowledging all those without whom you wouldn’t be standing there.

Who are the people – across all the landscape of film or tv – you need to strategically target and get into relationship with, to set you apart and set you up for an enduring success ?  To create a career, and not be at the whim and mercy of circumstance  and prayer ?

Agents, managers, producers, script consultants, executives, directors, attorneys – all form and manner of life forms in the eco-system of Hollywood – that will increasingly make up your network and your team.

I’ve a simple theory that 100 significant relationships across these diverse populations are all one needs to create a meaningful career and business.  Set aside 30 minutes every day – and this is gospel – for your research, goal-setting (not destinations, but action steps), your step-by-step marketing plan, for reaching out to people via email and phone.

Who are they ?  How do you approach them ?  How do you build in a specific yet easily achievable ‘call to action’ and ‘followup’ into every initial conversation ?  These and other precise, very ‘do-able’ strategies are the exact things that separate

out those who are committed to success, and who ultimately succeed.

These, along with a myriad of concrete strategies – the very ones I’ve used to build careers for my former clients, as well as to build my own career, are the stuff of my courses, mastermind group, teleseminar – all the mentoring I do.

Why ?  Because I believe those with talent need to un-learn old mindsets and behaviors – the ones we’ve all been ‘taught’ – and get on the path to their success.  Stop believing it’s just about your script or project, or that it’s simply a matter of getting an agent.  It’s about you, and the relationships you can create – intiating a minimum of one per week.  You’re the ‘value add’, the reason people will hire you, option you, finance you, produce you.  Know how to do this effectively and it becomes a natural, comfortable habit.  In as little as 6 to 12 months, you’ll have created a real, exciting, viable foundation for a far bigger future and career.

What does it take to get your foot in the door as a screenwriter?

A stubborn streak, intelligent marketing habits, an action plan that is clear, specific and measurable.  I’ll mention one very specific item in a long list of strategies and that’s to befriend the gatekeepers – the ‘assistants’ in film and television, at studios and agencies, at management and production companies.

When you understand their mindset, how to effectively communicate with them, what not to do or say, what specific types of advice, tasks, favors, actions you can ask at the outset (enabling you to nurture your rapport and grow a ‘relationship’), you’ll have mastered a key strategy that will massively reduce frustration and cut years off your ‘success curve’.

The assistants are a culture unto themselves, and knowing how to work that system will pay dividends far beyond the individual on the other end of your phone line.

How did you build your network of contacts?

Relentless networking to zero in on those worthy of the time and effort needed to build meaningful relationships.  Wherever I went – film festivals, the local coffee shop, the gym – I would engage people in conversation.  It’s amazing what you discover – the unexpected relationships others enjoy, and their natural willingness to help – if you approach people openly and authentically.

Another key is, at all costs, to avoid asking a favor.  Instead, seek advice.

There’s no quicker way to learn, to honor another, to make people actively want to help you than to respect their knowledge and experience, subconsciously or consciously placing them in the role of mentor.

And yes, mentors are a non-negotiable mandate.  Get thee a mentor.  Better yet, identify various mentors with different expertise.  When I recognized the void, my lack of mentors, I course-corrected and it’s made all the difference.  I have enjoyed and will for the rest of my life have mentors.

Similarly,  join or create masterminds.  Surround yourself with committed, smart people – hopefully those who’ve ‘been through it’ and are more successful – and make them a part of your inner circle, your feedback loop, your trusted advisors.

Today, social media has opened the door wide.  So much can be done faster, smarter, more effectively (beginning) online.  Take advantage, put your message and goals out for others to see, join groups, get known.

What kind of projects are you working on at the moment?

I’m in the midst of several projects, all in various states of readiness.

I’m just completing a capital raise for an ‘indie’ that we’ll shoot on high-definition for a mid-six figure budget.  We’ve an innovative distribution model and I’m as excited about this little film as any I’ve been involved with in the past.  The opportunity for quality storytelling has never been greater, but the need to be brilliant – to stand out from the crowd – has likewise never been more essential.

Technology is shifting, opening up significant opportunities.  How we finance, produce and distribute films is also changing rapidly.  Likewise, more talent is available to work on smart, independent projects than ever before.

This particular film – which I’ll produce with an extraordinary partner  – is a story set in the midst of one of the most powerfully positive youth movements to come along in modern time… and has exquisite music and dance elements to boot.  Beyond that, you’ll have to wait and see !  Mum’s the word.

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What is the ‘Future of Film’ ?

A couple of hundred folks gathered for the day at the Sheraton Delfina Hotel in Santa Monica, California, for an intensive assessment of the health, the shifting sands – trends both good and bad – and, ultimately, the future of the film business.

Where have we come from, where are we today, where will we likely be in one year and beyond ?

The event producers – Variety and DigitalMediaWire – brought together a ‘who’s who’ of the film industry as speakers and panelists.  The dais boasted a steady stream of thought leaders and success stories in Hollywood.  Rick Nicita, Bill Block, Michael London, Paula Wagner, Ashok Amritraj and Oren Peli (writer/director of “Paranormal Activity”) were among the many luminaries..

The sessions ran the gamut, from the technological revolution now convulsing the entertainment industry (who will be the winners and who will be the losers), ‘game changers’ (how new Hollywood players are changing the business as we know it), new finance models, the next wave of mobile film and video entertainment, how international markets are shifting the business, as well as a dealmakers’ roundtable.

A few ‘notes’ from the day…

• Producers, writers, studios – all of us – are the agents of our audience.

• ‘Write movies, not scripts’ (a quote from Paula Wagner).

• Our business model needs to increasingly shift – working together ‘on spec’;
we can no longer be process-oriented, but must create consensus from the outset
and adopt a success or result-oriented philosophy; writers, directors,
talent and producers must collaborate from the inception, and be willing to
reduce fees and contain budgets, and participate in successful outcomes.
“It’s better for the industry if we are all talking to each other early and more
often” – David White (Nat’l Exec Director, SAG).  Paula Wagner admonishes
“this is not the time to come into the film business to get rich”.

• Conversations are not always easy or speedy, but agencies and talent are slowly
embracing the future reality and culture where full-fee cash offers are not the
order of the day;  they too are ‘in the mix’ and, albeit reluctantly, are selectively
beginning to ‘partner’ up on projects.

• Budgets are an organic part of a film.  Candidly assess a film’s ‘value’ in the
marketplace, rather than simply budget the line-item or cost-based need of a
project.  That determines what number of dollars can be spent on production and
marketing – if the film can reasonably be projected to do X revenues, then you
can responsibly factor half X for your negative and marketing budget. The
conversation or rationale should no longer be “we’ve a small budget and can’t
afford X talent”, but rather a given film has a projectable value and all must
participate fairly and proportionately in a smaller pie.  On the subject of paying
talent, QED’s Bill Block says “We need to reward today’s performance, not
yesterday’s, and have a transparent backend.”  If creatives are to get paid from
successful results, accounting needs to detoxify.  Real costs have been artificial
for some time.

• Marquee talent is no longer the sine qua non for a film to get produced, or to
enjoy a successful experience at the box office;  films without big stars (or at least
the traditional high-ticket male star) suggest overwhelming and discerning
audience appetite for quality, whatever the genre or budget.  Witness: District 9,
Paranormal Activity, The Blind Side, and Precious.

• It’s no longer viable to allow the major studios to finance and own films.
A culture seems to be emerging that increasingly encourages all to see
themselves and behave as ‘partners’ in our projects.

• In recent time, the biggest problem in film finance has not been the credit
crunch, but the utter lack of domestic distribution for non-blockbusters, all of
which looks to be shifting with new indie models and companies coming on line.

• Brands will continue to marry, blend and interact in new ways with filmed
entertainment projects.  Imagine print and ad funds (last monies in, first monies
out) sourced from an established brand to underwrite your film’s marketing
budget.  There are more robust, innovative approaches to brands beyond
traditional product placement.

• Paula Wagner observed: “Those who figure out the monetization of new media
will be our next stars”.  Another interesting comment: “We have led technology
and we have been led by technology”.

• Search, recommendation and social media are the new opportunities for the
future of film.

• In 2010, independent filmmakers will find viable new audience and new
modes of distribution online, per Sibyl Goldman (VP Entertainment, Yahoo!
Entertainment).

• We are an ‘on demand’ generation, and we’ll soon see ‘day and date’ worldwide
releases become the norm, with video-on-demand and other distribution
channels opening the same day as a film’s theatrical release.  Jay Cohen (Head of
Film Finaning & Packaging Division at The Gersh Agency) agrees day-and-date
will be more prominent on the independent side. A primary benefit and
motivator is maximizing marketing spend (Mark Horak, President, Warner Home
Video). Sandra Aistars (Ass’t Gen’l Counsel for Intellectual Property, Time Warner
Inc.) agrees VOD will only continue to grow in the coming year.  Fox’s VOD
revenues are up over 100%.

• Ed Leonard (CTO, Dreamworks Animation) says “3D and holograms are not sci-
fi, they’re reality now, and will change entertainment experiences forever”. He
talked in terms of “removing the middle between technology and art”.
Sandra Aistar also believes we’ll see a real market for 3D in 2010.  Most agree
3D is a game changer and will reinvent the film experience.

• Those with compelling and universal concepts and stories, and a true ‘wild west’
indie filmmaker attitude, will fare better.

• Content will find its own level of distribution.  It’s not about your budget, it’s
about the quality of your story.  Oren Peli (writer-director of “Paranormal
Activity”) admitted going ‘over budget’ – his film cost $15,000 (the initial budget
was $10,000) !

• A host of new independent distribution companies with forward-thinking models
are beginning to come online and will increasingly dot the landscape within the
coming year, a harbinger of a new  and healthier day for what has been, in recent
years, an independent cinema in decline.

• Foreign film investment will increase in the coming year, according to Lindsay
Conner (Partner, Entertainment & Media, at Manatt, Phelps & Phillips).

• As the studios produce fewer films annually, the ‘middle’ has dropped out of the
market (films in the $20-50M range), yet new technologies, financing models,
and distribution companies and models are re-defining what is possible in the
independent arena.

• The consensus: one year from today, the independent (not necessarily low-
budget, but non-studio) film landscape will look far more robust, with more
funding sources, distribution companies and methods enabling quality
productions.

Future of Film Summit

http://www.lafilmconference.com/

Click on images to enlarge.

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