The economy is the cause of some of the changes in entertainment, but not all. I just know that as an independent filmmaker I have to do things differently than I did three years ago. It has always been important to have a good cast and promote projects, but now it is smart to keep the budgets low because distributors are paying less (this is because of the economy) and the World Wide Web exists.
Several famous actors are still becoming independent filmmakers. Several famous producers and directors have done the same. I am noticing that they have chosen to show original programs and movies on the Internet instead of on television or dealing with theatres (http://newteevee.com/2008/08/28/justine-batemans-fm78tv-says-tv-is-dead/). However, DVD is still a preferred choice of distribution. Many are even distributing DVDs themselves.
The Internet has made it possible for audiences to view projects that otherwise would not have been available before. This is good news. Major studios are no longer the sole distributors. Many people are unaware of this and still look for films the traditional way: go to the movie theatre, and then buy the DVD or wait for cable to broadcast them.
In addition, I urge you to go to film festivals and support independent filmmakers. Some of the movies screened at festivals will never be available anywhere else. Very few receive widespread distribution. For example, through my company, TDA Entertainment, I distribute my DVD of THE TWO SISTERS, but if people want to see it in other formats they must be in Australia or New Zealand because those are the countries where it has distribution.
Writer (screenwriter/columnist/novelist), Producer, Director - TDA Entertainment Inc.
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