The film industry today | Frank Smith | TEDxChapmanU

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This talk was given at a local TEDx event, produced independently of the TED Conferences. The ways that people are consuming films has changed radically especially over the last decade, but has the Hollywood business model kept pace? Frank Smith shares his ideas on the nature of change in the movie industry and its value in a personal sense and a business dynamic.

Frank Smith is chief operating officer of Anschutz Film Group (AFG) and Walden Media. Smith has been with AFG since 2003, but currently oversees all aspects of AFG's operations (development, physical production, publishing, marketing and outreach, finance, legal and business affairs). He also works directly with The Anschutz Corporation on strategic planning and general operational issues. During his tenure with AFG, Smith has been lead counsel overseeing large budget motion picture franchise projects, co-production finance and distribution deals with major studios, as well as structuring foreign corporations for multijurisdictional film production tax incentives.

About TEDx, x = independently organized event In the spirit of ideas worth spreading, TEDx is a program of local, self-organized events that bring people together to share a TED-like experience. At a TEDx event, TEDTalks video and live speakers combine to spark deep discussion and connection in a small group. These local, self-organized events are branded TEDx, where x = independently organized TED event. The TED Conference provides general guidance for the TEDx program, but individual TEDx events are self-organized.* (*Subject to certain rules and regulations)
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The only constant in life is change!
Adapt, think differently, innovate, play again, change...

PrimiusLovin
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I appreciate this message ... "Change is going to come".

TahieraMoniqueBrownDTLTV
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wow! Thank you sir.
Im working on producing and distributing African content starting with Nairobi KENYA then spread across Africa.
Its a risk that im willing to take.
Thanks again sir for this very insightful talk.

tuikigeorge
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Enlightening talk. Change is happening in every industry. It seems that some specialize manual skills rule even though robotics in industry is making headway and jobs are being eliminated. In the film industry manual skills on set is safe. Camera dept, electrics, greens, carpentry, painters, costume designers, hairstylist, makeup artist just to name a few. Love my job as a hairstylist and wig designer, now I pass on my skills to those who want to get into the industry.

finakahn
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It might just be me, but anyone else think this guy has a very soothing voice?

SaskatchewanICE
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Hollywood is just street, we need to expand our definition as of what the film industry is. In fact, more movies and TVshows are being produced outside California. Furthermore, transmedia storytelling is evolving, the audience doesn't want to be glued to just one medium. Now more than ever, anyone with an idea and dream can make the next big flick, just take a look at Paranormal Active or even Blair Witch Project.

luckyboypictures
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The film industry or motion picture industry, comprises the technological and commercial institutions of filmmaking, i.e., film production companies, film studios, cinematography, animation, film production, screenwriting, pre-production, post production, film festivals, distribution and actors, film directors

AndreaSchott-hwms
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It is fantastic that we have cultural and art industry exist where we can create and make successful productions for everyday life ...

MultiPlates
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This was given at Chapman University, a film school. He gave them CONTEXT which is what you do with students; otherwise, they don't have a clue. They're 20 years old most of them.

day
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There’s that guy at the end again going. I think they pay him £50 every talk.

Known-unknowns
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"There can only be one Frank Smith at a time."
Frank Smith in the "Last Frank Smith".

MidNightStudiosFilms
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There are a couple of outrageous matters the film industry refuses to address. Not just message and content. But if they depicted a reality based picture they would need every character glued to a cell phone. That's reality

NOCTIME
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Problem with a talk like this is that it's helpful for about 24 hours...

kzdldjq
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This was a great and informative thanks so much!!!

lakeishajohnson
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Though his talk is just two years ago, it's already outdated. I'd like to hear him do a apt. 2 of this talk; discussing digital delivery of movies from Netflix and others. His mentions of impress speed if Netflix arriving in his postal mail box might seem like a snail pace to today's instant gratification movie consumers getting their content immediately thru wifi . And if he did present a follow up Pt 2 that would probably be outdated within a year or so. As a film production worker and cinema owner I am really saddened by seeing the soul of quality films and the filmmaking process getting pushed aside by "new, improved" digital movies which are less and less a real cinematic experience. True cinema is seeing light projected thru film, at a cinema, a screening room or a real film home theater. I just can't accept the digital imitation of film. Maybe I am just an older, stubborn old filmworker/projectionist unwilling to change? I'm not alone.. Hey Quentin, pass the popcorn!

HunterMann
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Thank you for Ted talks about this. I am a movie buff and a group in college Shakespeare in Company 9 I believe that we were going to take the world by storm. Now I am 43 and that never happened, but we have to compete with these beautiful woman nowadays and my time has come and gone to be a model even . My ears were alittle too big, I was not able to stay 90 pounds. I believe I should have moved to California when James Cran asked me to go to San Diego. I am stuck in Ohio. Thank you for addressing this when now they are spending an obnoxious amount of money here, and living like movie stars "are supposed " to be living. CAVS are doing well... something to do with that? Avengers I would say and bankrupting old money. I am a mother of five, in fact my son I had at 21 graduated with honors on Saturday. He has a fresh new start and I have to go back to college. My youngest is 8 years old. I was always compared to Mariah Carey, I have a pretty decent voice and had very long hair . I have brown eyes. I of coarse married a Greek who liked brown eyes.

rebeccaanastasiadis
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So.. the point of the video... in order for success..  when changes come.. you have to adopt for change.. got it!
Thank you Mr Frank Smith! Thank you TEDx! :^)
Greetings from Dubai.

RewayahRoy
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My memoir "The Will of a Wildflower" needs to be a movie. :)

ndetv
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I decided to do my MBA Business Plan on a fictitious (or not) short story, Independent film production startup. Scouring the internet for industry facts, more focused on the independent film industry and good/free information has been hard to come by. If anyone has any recommendations or sources, I'm all ears. Looking for things like publications, reports, outlooks, industry data, sample SWOT analyses, etc...Thank you.

ricardomiranda
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I was trying to reference the video from the TED website. but, I could not find the video because your videos in youtube don't have a referral code then I can easily find it in the first website.

mostafaansari
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