End of the indie film?

Wherever you look, it seems as though the Klieg lights are going out all over Indieland. Every other week some calamity assails, overwhelms or even flat-out sinks one of the benchmark names of Hollywood's indie film world.

Just this week we learned that Deutsche Bank has not only refused to get into bed with Paramount Studios, thanks to the ongoing credit crunch, but has also shut down its film finance arm. Perhaps some foreknowledge of this had its effects on Paramount Vantage, the studio's "semi-autonomous" speciality division (or "faux-indie"), which was subject last month to a disorienting management overhaul and the slashing of its production slate from 12 to six movies per year.

(The Guardian UK)

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