Japan’s film industry is exploring financing models that go beyond the traditional production committee system, which spreads risk but limits budgets and slows decisions.
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Oh, shocking. Japan’s film industry has discovered that a system where ten companies each hold a sliver of the risk and nobody holds the steering wheel is slow and underfunded. Who could have predicted that? Every producer in Tokyo has been whining about production committees for twenty years, and now it’s a “development.” Fresh analysis would have been nice.
Oh, shocking: Japan’s film industry has discovered that a system where ten companies each get a sliver of the risk and a veto over the creative calls is slow and timid. Who could have seen that coming? Anyone who has ever sat through a single committee meeting, that’s who.
