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Disrupting the industry "Status Quo"

  • 4 days ago
  • 10 min read

Last Thursday, I wrote that Cannes is no longer a reliable sales path for the unknown $700K to $5M independent film.


Last Friday, I released a video about the Oscars, Hollywood, and the industry filmmakers are asking outsiders to fund.


By Saturday, someone publicly tried to reduce both pieces into a complaint about my “attitude.”

That response only proves how little of the argument was actually read, watched, or understood.

If it had been, the point would have been obvious.


  1. This was not a rant about an awards show.

  2. It was not a swipe at festivals.

  3. It was not a mood piece about how everything is terrible.


Both were a DIRECT argument about WHY the old path keeps failing.


The people defending that path still want the symbols to carry authority after the numbers have stopped supporting them.

  1. They still want proximity to be treated as proof.

  2. They still want announcements to be treated as progress.

  3. They still want access language to stand in for actual buyer behavior.

  4. They still want filmmakers to trust the map after the road has washed out.


The strange part is that many of these people understand the problem perfectly well in private.


They will say things like:


“Hi Sean, thank you, and I appreciate you taking the time to meet….I am overall glad we met and that we have similar understanding of this crazy business…”


That is usually how these conversations sound in private. Then the industry they cater to gets described publicly, and suddenly the issue is NOT the business anymore.


It is the person saying it and that gap matters.


Private agreement and public objection are not the same thing.

  1. One protects the relationship.

  2. The other protects the “old script.”


That is why the reaction is aimed at the person saying it instead of the record being cited. Once filmmakers understand the gap, the old middle position loses its value.


The accusation is that the person is being negative BUT nothing about whether the work is inaccurate, unsupported, or poorly researched ever enters the response.


The label exists to skip those questions entirely.


That word does a lot of work for people who do not want the harder conversation. It lets them avoid the dead projects, the soft attachments, the fake urgency, the festival theater, the inflated slates, the weak paths to financing, and the old assumptions that no longer behave the way people keep pretending they do.


My criticism of this industry is not driven by hatred of the work or the people doing it. The opposite is true. The work is EXACTLY what makes the broken parts of the surrounding system worth naming.

Otherwise the same failures keep repeating, with more filmmakers paying for them.


I have spent 13 years around this business. I have worked inside production. I have seen what it takes to move something, even with all the studio bells and whistles, from a document to a set to a finished piece of work. I still love the strange, impossible, exhausting machinery of it when it is honest.


That is exactly why I have no interest in pretending the CURRENT version is healthy.


A person who loves something does not ignore the rot and a refusal to protect the beautiful lie is not the same as hating filmmakers.


There is an old quote I read years ago, that “life is a beautiful lie and death is an ugly truth”. The lie lets people confuse proximity to the industry with actual power inside it.


The current film business does not suffer from a lack of positivity but rather from too many people confusing positivity with silence:


  • A festival market presence does not function as a financing path on its own.

  • A recognizable actor does not produce automatic validation, especially when the long form has been circulated without being executed.

  • A sales estimate is something different from tested buyer demand.

  • An IMDb slate with 7 titles “in development” tells nothing about how many of those titles have a real path forward.

  • A project marked “completed” on IMDb still has to support the same examination as anything else attached to it.


In film, this gets treated like misconduct. This business loves art until someone asks for proof.

The status quo is not only Hollywood.


It is the wider habit of avoiding the obvious. It is the polite fiction that a project is stronger than it is, the reflex of calling documented public records “conspiracy” because the records make the pitch less comfortable, the demand that everyone “be positive” while filmmakers are being sent into a market that has already punished better prepared projects than theirs.


That is negligence dressed as kindness.


Researching documented criminal cases involving people attached to films is not conspiracy. Pulling court records, foreclosure filings, public proceedings, and trade press reporting on a project is the basic work of anyone being asked to write a check or commit time to a piece of work. The objection to that work is not really about the work being wrong. It is about the work existing at all, because the work damages the position of people whose pitch depends on those names being treated as clean validation.

The fact that any of this now feels aggressive says more about the people reacting than the research itself.


The person now publicly objecting to hard questions about the film business is not some random observer reacting from a distance.


Last year, around the same time of Cannes, this person reached out to me through LinkedIn as someone who had been following me and engaging with me prior and wanted to set up a Zoom.

The call happened.


The pitch email came in as a project as “the most immediately fundable” thing at the time, with a broader slate to be walked through afterward.


The film was “RAIDER” and package looked generic on the surface as they always do:


  • “Recognizable names” in Director Simon West

  • A sales agency.

  • A sales report showing $2.48M in “signed” agreements.

  • A $1.25M equity slot for a senior investor.

  • Talent “attachments” Aaron Eckart, Jason Issacs


The diligence questions were standard:

  1. “How much of the $2.48M was actual cash in hand versus still conditional?”

  2. “Does the $2.5M US/Canada estimate had any tested buyer interest yet?”

  3. “Is the $1.25M equity was open or already partly committed?”

  4. “Who was running point on investor relations?

  5. “Are the talent deals were fully signed or verbal?


To my surprise…I was NOT surprised:

  • $424K in cash deposits against a $2.48M sales sheet.

  • The US/Canada estimate had not been shopped at all, with the explanation that the team wanted “to preserve the value until we have footage to show.”

  • The $1.25M equity was fully open and uncommitted.

  • The talent long forms had been “circulated but we cannot execute until we know we are fully financed and ready to go.”


The person who sent the “package” held a 5% EP fee plus 5% of the producer pool, and openly suggested the response could “set up a deal from your end with the investor from that side as well if that slice was not enough”.


So the ask was clear in that I would have to use my time, my judgment, my investor relationships, and let someone already attached to the project create another payday around money they did NOT bring in.


This is classic broker-dealer behavior!


A “package” being sold as immediately fundable while sitting on roughly 17% cash deposits, no shopped US/Canada estimate, no committed equity, and no executed talent deals.


The project was NEVER financed because what was being sold did not exist in the form being presented.


  1. The film was officially announced in May 2024 during the Cannes Film Market.

  2. It was presented to me in May 2025 during the Cannes Film Market.

  3. As of May 2026, the project remains in "limbo."


There is nothing wrong with a project being unfinished. That is 97% of films in today’s market. The problem starts when unfinished gets sold as “ready,” the risk is declined, and the refusal to accept the specific terms later gets distorted as “bait and switch charging.”


Some people are not defending the old system because they believe in it.


They need it.


Their position depends on inexperienced filmmakers continuing to believe that the old machine still rewards “this, that, and the other thing.” That story keeps inexperienced filmmakers handing over access, time, trust, and labor to people who often have no real path beyond claiming they know people. The story has to stay intact, because the moment the story breaks, the inventory empties out.

Hard questions are treated as an attack because the questions threaten the value of the middle position whose only product is selling that fantasy to someone too new to know better.


People who have spent their working lives inside an apparatus that does not actually serve them often end up defending that apparatus louder than anyone the apparatus genuinely rewards. They have built their identities around proximity to a machine, around festival pilgrimages, around development slates that signal activity rather than progress, around recognizable names whose attachment to a project is rarely tested under examination.


When someone arrives, like me, and points at the gap between what the apparatus claims to do and what it actually delivers, the response is hostility, because admitting the gap would mean admitting that years of unpaid labor, deferred filmmaking dreams, sacrificed savings, and daily public performance of being inside the room have all been spent defending a position that does not function for the person defending it.


The person most damaged by a system becomes the loudest spokesperson for that system, because confronting the damage would require confronting the years already spent inside it.


That is why “be positive” has become such a useful phrase for some people in this industry. The phrase is asking critics to stop making the captivity visible.


In the last few weeks, this same mechanic has come at me publicly more than once.


The first critic was an experienced operator with a long, serious career going back to the late 1980s, including significant television executive work on major shows across the last 35 years. That career deserves recognition. It also formed itself in a market that no longer exists. Network television, syndication patterns, studio buying behavior, and production volume from that period created a working environment with very different signals from the one independent filmmakers are walking into now. Hearing the current market described honestly probably feels like disrespect for an industry that gave that critic a real life.


The reaction was not to the facts.


Now, someone else takes it and it becomes the basis for a public broadside accusing me of being “tabloidlike,” running “conspiracy theories,” doing “bait and switch charging,” qualifying as a “misemotional promoter,” sending “newsletters” trafficking in “conspiracy theories and reasons why everything is terrible to feed on people’s dissatisfaction,” and “claiming to be successful in this field.”

All of it loud, baseless, and without facts!


The irony here is once I turn it around on the person’s OWN public track record, you will see it only consists of bit parts on a 90s sketch comedy series that no one watched, an interview series for entertainment “professionals”, a small producing credit on a low-profile feature still in development, and a current slate of 7 “in development” titles with no released features to date. The flagship project on that slate is currently being promoted through announced talent attachments, an Oscar-credited department head, “pre-sales conversations”, and “equity partner discussions”, with the title itself sitting at “in development” status on the public databases, with no production start dates, no release dates, and no completed footage to point to.


That is NOT the track record from which someone publicly accuses other working professionals of fraudulent claims of success. The actual track record is what explains why the response to honest market diligence was a block and a public smear instead of a counter-argument on the facts.

The accuser’s own company website lists “structured financing & release consulting” as ancillary services for producers and investors. The published line items are gap loans, tax credit structuring, bank financing and bonding, pre-sales strategy, and release planning.


Rapp Consulting operates in the same general service category for the same buyer pool, but it is NOT a brokerage firm. It is a development and advisory firm for filmmakers and founders trying to secure financing through the buildout of their own companies.


So the “bait and switch charging” accusation came from inside that category, written publicly by a competitor whose own page sells the work the accusation was aimed at.


The smear is the routine response to honest diligence in a market where honest diligence is treated as an attack. The only thing unusual about this particular instance is that the original record is intact and contradicts every characterization being made.


And all while I have to respond to this noise, here is what is actually happening in real time:

  • Deutsche Bank filed a foreclosure action this week on Kaufman Astoria Studios in New York.

    • The 2021 loan was reported at $340M.

    • The outstanding balance now sits at $359M, including principal, accrued interest, late payment charges, and exit fees.

    • The loan is 4 months in default.

  • The same private equity firm owned Radford Studio Center in Los Angeles.

    • That property was already foreclosed by Goldman Sachs, which is now reported to be in negotiations to sell to Netflix.

  • Hudson Pacific Properties’ Quixote Studios is exiting all of its leased sound stage facilities in Los Angeles except Griffith Park.

  • In Georgia, spending on film and TV production fell from $4.4B in 2022 to $2.3B in the last fiscal year.

    • Total productions dropped from 412 in 2022 to 245 in 2025.


Are those conspiracies?


Those are federal court filings, SEC 10-Q disclosures, state revenue department data, and AP wire reporting. Every figure is retrievable by anyone with an internet connection in under 5 minutes.

All this shows is someone bitter from a year ago feeling the pressure of a market that was never in their control.


The pattern is NOT new and NOT unique to this person.


The behavior has been documented in 3 separate research traditions going back 75 years.

  1. The Asch conformity experiments at Swarthmore in 1951 documented that when 7 of 8 people in a room confidently asserted a wrong answer about line length, the 8th would publicly agree with the wrong answer 37% of the time.

    • Solomon Asch ran the variant where the lone dissenter had even 1 ally giving the correct answer.

    • Conformity collapsed to 5%. The presence of any second voice naming the obvious broke the spell for everyone else in the room.

    • Asch’s subjects later reported in debrief interviews that they had seen the correct answer the entire time.

    • They went along because the social cost of saying it out loud felt higher than the cost of denying what their eyes were telling them.

  2. The Pew Research Center’s 2024 study on workplace silence found that 61% of professionals across surveyed industries had withheld a factual concern about their employer or sector publicly within the prior 12 months.

    • The top reported reason was not disagreement with the concern.

    • It was fear of the social response from peers in the same field.

  3. Noelle-Neumann’s 1974 spiral of silence research at the University of Mainz found the same pattern in 14 separate national surveys.

    • People who hold an accurate read on a situation will go quiet when they perceive the public climate as hostile to that read.

    • The silence is then interpreted by others as agreement with the dominant position, which deepens the silence further.


The mechanism does not require anyone to be wrong about the underlying facts.


It requires only that the cost of saying them be made high enough that people default to attacking whoever says them first.


One of the biggest things I have learned is to stay away from people who cannot take criticism in an overtly critical industry AND to walk away from “misemotional promoters” whose only product is brokering films that NEVER get made.


 
 
 

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Rapp Consulting is a business strategy consulting firm. I am not a licensed broker. My expertise lies in offering strategic guidance and support for entrepreneurs.

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