“On any given project, they’re only making maybe tens of millions of dollars,” David Offenberg, an entertainment finance professor at Loyola Marymount University and author of “Independent Film Finance: A Research-Based Guide to Funding Your Movie,” told Observer. “They’re never in a position where they hit a home run and make hundreds of millions of dollars on a title. They’re taking small bites of profit.”
Source: Observer
A24’s $3.5B Valuation Pushes the Indie Studio Toward Blockbusters