Broadcast News

Bookmark and Share
28/01/2009

IndiePix Announces Increase In Independent Film Sales In 2008

IndiePix, the internet-based distributor of independent films, has announced almost a 6-fold increase in unit sales for the full year 2008 compared to 2007.
The sale of fiction and non-fiction independent films rose dramatically towards the end of 2008 with Q4 sales figures jumping 12 times that of the same period in 2007.
During 2008, IndiePix transformed its internet platform by enabling film fans to choose whether they want to download, stream or rent a title straight to their PC or iPod - and IndiePix's strong sales growth underpins the success of this unique net distribution technique.
Throughout 2008, IndiePix expanded its efforts to restructure the economics of the independent film industry. Commenting on the many closings and failures among indie film labels, Bob Alexander, President at IndiePix, said: "They failed because their business models failed - their economics were simply not in line with today's market realities. Trying to be a middle ground player between Hollywood and true independent films is not a good place to be."
The exposure and sales success that IndiePix and the independent community as a whole, received throughout 2008 has provided solid foundations for the coming year.
IndiePix Studios is soon to release its 2009 Production and Release Slate, following the success of its recent films, including 'The End of America', which achieved Top 10 opening weekend in New York.
IndiePix is now represented across all major on-line and retail channels as it continues to strengthen its partnerships with like-minded companies, such as SnagFilms and iTunes.
Bob Alexander, President of the company, said: "2008 was the year that the web-based distribution model, which we laid out when IndiePix was first founded, demonstrated its potential in the market. Our performance throughout 2008 was based on three elements; our technology, including our website, burn-to-own technology, and discovery capability, which smoothly supported the growth in sales this year; the steady growth of our internet marketing capability, which helped increase the visibility of our titles; and our extraordinary relationships with our filmmakers, whose work is the sole focus of our efforts.
"We want to deliver value for the filmmaker through partnering with them in the distribution of their film. With such strong internet sales, we can now confidently tell filmmakers that we can deliver them $10 thousand to $50 thousand from our focused distribution in less than a year. Most deals at Cannes this year for universal rights to a title were not in that range. Maintaining transparency in accounting and reporting is central to maintaining our partnerships.
"2008 really has been an important year in building the new world of independent film. Mid-sized companies have failed, the Do-It-Yourself (DIY) experiment has floundered, new forms of digital distribution have been introduced and new platforms - especially the mobile platforms - have gained attention. We're energised to be part of this rapidly developing business and to be pioneering ways to deliver great movies to fans and commercial benefits to filmmakers," concluded Bob Alexander.
For further information, please visit: www.indiepixfilms.com.
(KMcA/BMcC)
Solidmate Ltd Memory Card Hire London

Top Related Stories
Click here for the latest broadcast news stories.

21/04/2023
Magnifi Scoops NAB Product Of The Year Award
Magnifi has been awarded the prestigious 2023 NAB Product of the Year award in the AI and machine learning category for its flagship product, Magnifi
20/04/2023
MCX8000 Wins Product Of The Year Award At NAB 2023
ST Engineering iDirect's MCX8000 has won Product of the Year Award at NAB 2023. Broadcasters today are looking to lower CAPEX and OPEX and to be more
08/09/2023
Synthax Audio UK Appoints Head Of Sales & Marketing
Synthax Audio UK has appointed Neil Johnston to the position of Head of Sales and Marketing. With over 20 years of experience in the Pro Audio industr
07/09/2023
Chyron Appoints VP Of Sales For The EMEA And APAC Regions
Chyron has appointed Alain Polgar as the company's senior vice president of sales for the Europe, Middle East, and Africa (EMEA) and Asia-Pacific (APA
31/03/2023
Riedel Expands Americas Sales Team
Riedel Communications has expanded its Americas sales team with the appointment of Todd Gardner as channel manager, North America, and James Skupien a
30/03/2023
Cooke Optics Appoints Technical Sales Manager, Americas
Cooke Optics has appointed Craig Chartier as Technical Sales Manager, Americas. With a territory covering the Mid-West, East Coast, Canada and South A
24/03/2023
IABM Appoints Head Of Sales And Membership Engagement
IABM has appointed Simon Bull as Head of Sales and Membership Engagement. Simon's role includes overall responsibility for IABM’s membership engagemen
23/03/2023
Clear-Com Appoints Senior Regional Sales Manager For Sothern Europe
Clear-Com® has appointed Nicola Milburn as Senior Regional Sales Manager for Southern Europe. Nicola brings 16 years of technical sales experience and
04/08/2023
EMG Appoints UK's Head Of Sales
EMG has appointed Nick Dyer as EMG UK's new Head of Sales. With a career spanning nearly three decades, he brings an unrivalled depth of knowledge and
02/08/2023
ENCO Appoints International Sales Manager
ENCO has added an experienced sales and business development professional to its growing global team who brings more than two decades of file-based su
02/08/2023
RTI Adds Sales Representation In Commercial Channels
RTI has announced four commercial sales representation companies now represent RTI control and automation solutions. Each of the four, Richard Dean As
01/08/2023
Riedel Appoints Senior VP Of Sales, North America
Riedel Communications has announced that Kevin Collins has been appointed to the position of senior vice president of sales, North America. In this ro
25/07/2023
Brompton Technology Appoints New Global Sales Lead
Brompton Technology has appointed Lotta Schiefer as its new global Sales Lead. With an impressive career spanning over 30 years, during which she has
19/09/2007
IndiePix Launches Independent Film Resource
IndiePix, a leading online service created for the independent film community, has launched one of the most comprehensive independent film resources o
13/03/2024
ThinkAnalytics Appoints SVP Business Development, Strategy, And Partnerships
ThinkAnalytics has announced that following the appointment of Marc Aldrich, Worldwide CEO, Roger Sherwood, SVP Professional Services and Andrew Read,