Let’s be honest: Business is slow. At this point in a typical Cannes Film Market, there would usually be at least a handful of big deals, a bidding war or two. Instead, crickets.
The hallways of the Palais des Festivals are busy enough, but the deals aren’t coming – at least not at the pace or scale the market once reliably delivered. The independent film industry is in transition, and nobody has quite figured out what it’s transitioning into.
The old model is fraying
The pay-one television window – a predictable, lucrative revenue stream that allowed distributors to take risks on projects – has largely collapsed. Streaming platforms negotiate their own deals directly, leaving independent distributors without the financial cushions that once made risk-taking viable.
For producers, says David Garrett of Mister Smith Entertainment, “that means relying more on equity financing and soft money to get movies financed.” The result is a buyer’s market without enough buyers.
Community as the new model
But here’s the thing about a vacuum: Something always fills it. One answer, increasingly convincing, is community.
Watermelon Pictures, the Chicago-based company co-founded by brothers Badie and Hamza Ali, has built its entire operation around a deeply engaged, underserved audience. Named for the fruit that has become a symbol of Palestinian resistance, Watermelon has distributed Palestinian-focused films – including Palestine 36, The Voice of Hind Rajab, and All That’s Left of You – all three of which made the Oscar shortlist.
Rather than relying on traditional advertising, Watermelon deploys WhatsApp groups, local community leaders and social media influencers to drive audiences to cinemas.
Faith-based success
A faith-based variant of the same logic has produced even more dramatic results. Angel Studios, the company behind Sound of Freedom, has been scaling rapidly. The Chosen, the multi-season drama about Jesus, has become an underground phenomenon. Creator Dallas Jenkins maintains a direct text chain with 3.5 million followers.
Mark Sourian, president of production at 5&2, which makes The Chosen, argues: “In the 21st century, if you are not in direct connection with your audience, you are going to lose control of the conversation.”
The creator economy arrives
The most striking proof of concept is Iron Lung, the sci-fi horror film self-distributed by YouTuber Markiplier, which has grossed more than $50 million worldwide.
This year at Cannes, Club Kid – from comedian Jordan Firstman, who built his following through viral Instagram skits – has generated the kind of heat missing elsewhere. A deal for domestic rights is all but certain, with rumors A24 has already snatched it up.
What it means
None of these models is a clean replacement for what the industry has lost. Community-driven distribution is hard to scale. But taken together, they suggest something important: The audience for independent film hasn’t gone anywhere. It’s just waiting to be reached in new ways – whether that’s a church network, a WhatsApp group, or a YouTube comment section.