Independent Film Development Corp. (IFLM) is “One to Watch”
Independent Film Development, the name itself says a great deal about the methodology and organizing philosophy of the company, but the ingenuity with which IFLM personnel like CEO Jeff Ritchie have embraced the modern film paradigm/market dynamics speaks volumes about where this enterprise, founded by veteran independent filmmakers, is headed. The basic business model focuses on three primary vectors: • Sales Agent – license indy produced film to domestic/international markets • Negative Pickups – grab projects and produce for studios to capture 5-10% margins • Production – discover/work-up, produce, and, when distribution is secured via sales arm, distribute as owner…