Independent film’s industrial structure now runs on inherited wealth and tax avoidance
Evidence
Financialization, intergenerational wealth, tax evasion, capital extraction, reputation laundering, and corrupt philanthropy are now essential characteristics of the industrial structure of contemporary independent and indie film. — Andrew deWaard, Derivative Media, 270
Categorization
- ADDENDUM: Directly serves the reader’s goal of tracing finance structures to artistic form — this reframes indie film itself as an ownership structure, one that leaves fingerprints on the ‘quirky’ taste it finances.