“The number one fact of the new low-budget cinema is that it is no longer impossible to get your film financed, but it is impossible to get anybody to see it,” says The Canyons director Paul Schrader in a new, Canyons-kowtowing issue of Film Comment. Both Kent Jones and Larry Gross give it little pats on the back. Oh, yeah? Then why didn’t The Canyons get into Sundance or South by Southwest? Why did Steven Soderbergh offer to recut it for Schrader, and why did Scharder turn him down? What about the likely bedrock truth of the matter?
The problem, says Schrader, is that “there are 10,000 people doing the same thing you’re doing, right now. And which one of those 10,000 films is anybody going to see? 15,000 films get submitted to Sundance, 100 or so get shown, eight get picked up, and two make money. Those are the economics.