Hollywood is recession proof, it is cheap entertainment given the options. Even more so with the advent of Netflix and OnDemand. The difference is what gets made during economic downturns. Audiences generally want lighter fare. For that reason Shirley Temple was very popular during the Great depression for instance.
You see it now with the move by the networks to comedies with Leno going to prime time and a pull back of the hour long drama. They say the sitcom will be coming back with industry people pulling out shows that had been shelved because they weren't in vogue the past ten years.
As for Indy filmmakers it's tougher in that it takes longer to realize a project and there are less options as to content. Indy filmmakers can't react because they typically have one project they have developed for years which they poured their heart and soul into. If that doesn't fit with the times, then they are at a disadvantage. all films will still get made, but there is a shift taking place just the same.
There are positives as well though in that Indy Filmmakers know how to make films for short money that are adaptable to the new media. In the end, there will be plenty of opportunity, just different ones.
You see it now with the move by the networks to comedies with Leno going to prime time and a pull back of the hour long drama. They say the sitcom will be coming back with industry people pulling out shows that had been shelved because they weren't in vogue the past ten years.
As for Indy filmmakers it's tougher in that it takes longer to realize a project and there are less options as to content. Indy filmmakers can't react because they typically have one project they have developed for years which they poured their heart and soul into. If that doesn't fit with the times, then they are at a disadvantage. all films will still get made, but there is a shift taking place just the same.
There are positives as well though in that Indy Filmmakers know how to make films for short money that are adaptable to the new media. In the end, there will be plenty of opportunity, just different ones.