Ted Spencer
Veteran
The reason why most indie movies fail is the same reason why most Hollywood movies fail. The movie SUCKS!
This is perhaps the most widely misunderstood fact in all of the arts as a whole. The movie business is no exception.
According to most industry insiders at the time, "Star Wars" was a guaranteed bomb. Too many sci-fi movies had tanked at around that time, so they figured the genre was dead. But those other movies almost certainly tanked because they weren't especially good (at best), and Star Wars went ballistic because it was *great*. It's happened time and time again.
The perceptual/object lesson problem is all the bad low budget movies that come out and tank are *invisible to the public*. Their failure assures that. The public *only* knows about successful films, big budget and small, and big budget flops. Most unfortunate to the perspective is that low budget indies that succeed big, like "Blair Witch" and many others, get *huge* publicity from it, fueled heavily by the fact that they were made so cheaply.
The other 500 films made at the same time for cheap tha tanked because they weren't very good/sucked are *never* publicized. Never *ever*. They just disappear into the cold night of cinematic irrelevance. Sadly, many of those films are made by people very much like those of us who participate in forums like this. Unfortunately, too many of us will have that exact experience.
What it points to with undeniable truth to me is the overwhelming importance of *the quality of the work*. You will *have* to have a great story, great script, and great acting to rise to the top. Fail there, and your film becomes a trivia question that no one will ever know the answer to.
If you have all the above, and production values are at least tolerable, you could be quite successful. But it's failure to do those things that explains 99% of the indie films that never see the light of day.
Stepping off the soap box now...