Hollywood – Tougher To Reinvent Than You’d Think

“When he arrived in Hollywood from Europe a year and a half ago, the French-born Philippe Martinez said he would revolutionize independent film. With a purported war chest of $200 million, he pledged not only to finance but also distribute a slate of filmmaker-driven movies. While studio-owned specialty film labels were succumbing to bottom-line calculations, Martinez said his company would be driven by a love of cinema.”