June 1, 2015
By Rechelle Tangcangco
What do you see as some of the main hurdles in the business of funding in this current financial climate? What needs to be done by players in the industry to help make funding more favourable?
The toughest hurdle in film financing is helping potential investors understand film financing. Asia is flush with cash, and many investors are attracted to the potential, as well as the glamour of film financing. But they don’t really understand this alternative investment sector and many would still prefer more traditional investment vehicles. It does not help that there are many pretenders and ‘wannabes’ in the film industry, making terrible films, losing money, and scaring off investors. More quality, commercial films by filmmakers who understand the basics of finance and investments, are necessary to make the industry more favourable for attracting investments.