Revamping TV Finance: Lessons from Indie Films

The television industry is in a state of change. Traditional ways of funding shows through broadcasters and distributors aren't as dependable as they used to be. So, what are TV professionals doing? They’re looking for new financing methods that have worked well in the indie film world. At Iberseries & Platino Industria, experts discussed how these alternative funding models can benefit television. Patrick Fischer from Creativity Capital thinks this shift could help bigger TV companies attract lenders and get more money for their projects. The trick is to find new revenue streams that banks might like. Fischer suggested including the script, director, and famous talent in the project package, just like they do in indie films. This can make a project more appealing to investors. Tyler Gould from Magnetic Labs also stressed the importance of having a reliable broadcaster who can provide steady funding. Keeping some territories open for sales can boost revenue too. The TV drama business has had its ups and downs recently, especially with the rise of streaming services. But experts believe there’s still money out there for good stories. By adapting indie film finance models, TV professionals can think outside the box when it comes to funding their projects and tell better stories.