The Super-Rich Are Rewriting Hollywood Rules

So rich, that is, that they don't need the studios to distribute their films
By Heather McPherson,  Newser User
Posted Mar 12, 2007 1:49 PM CDT
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(Newser) – A new breed of Hollywood players—so rich they don't need studio money—are   financing and releasing slates of small-budget films on their own. Producers like Sam Nazarian, a 31-year-old scion of a wealthy Persian family, and self-made billionaire Sidney Kimmel, 78, are shouldering the costs of a full lineup of films, including the printing, advertising, and marketing that indies usually turn to the studios for. These mini-moguls keep control of their films, and all the profit.

Tom Rosenberg, chairman of indie Lakeshore Entertainment, is unimpressed by those he thinks are more businessmen than movie makers: "The money has rushed into Hollywood in the last year and a half. In a year and a half, it'll go someplace else. It's the fad now."