Film financing forum draws new insights
Last month, we attended Cinemalayaâ€™s first-ever Manila Film Financing Forum, organized by the Philippine
Independent Filmmakers Multi-Purpose Cooperative (IFC) to gain new insights on independent filmmaking.
It was a welcome development. By pitching their new projects to producers and financiers, indie filmmakersâ€™ goal of making their second or third feature is suddenly within reach.
In the forum, Manet Dayrit shared, â€œI notice that the most successful filmmakers Iâ€™ve worked with are very professional in dealing with creative and business matters. Always remember that itâ€™s an enterprise. At the end of the day, itâ€™s still business as usual.â€
â€œHimpapawidâ€ director, Raymond Red, pointed out, â€œA hard reality is that money has to be recouped. Iâ€™ve done Hubert Bals, Pusan Promotion Plan and Hong Kong Financing, and I was able to produce my film independently.â€