Once the dust settles there will be more money in the movie biz than during the time of physical formats.

MySpace and Ustream teamed up to livestream the premiere of Twilight Saga: New Moon. It had almost 3 million total viewers. Once everyone has a TV that is internet enabled fans can have Twilight parties together and pay for this live footage as a subscription or pay-per-view revenue model. Exclusive merchandise could be sold to these fans with micro payment and gift cards if they don’t have access to a credit card. With this captive audience the studio can advertise upcoming Twilight live events and social games where these fans can purchase digital goods e.g. Facebook’s popular Mafia Wars.

How can indie films make more money too?

Filmmakers should use websites where fans can demand a movie to their town, so there isn’t a risk of booking a theater and not selling it out. Social networks can help create a cult following where certain super fans can be designated as the local community managers to keep everyone excited about the movie,  talk to local press, create user generated content, film/photograph the screenings for the web, and sell merchandise for a commission. They will receive a high status on the film’s site and have video conference calls with the filmmakers and other community managers based in different states to plan the spread and sustainability of the movie in theaters. The work force will be structured where fans who sell the most tickets, merch, and DVD will receive a higher rank and more responsibilities.

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