Strictly Business

AGC Studios Chief Stuart Ford on What the Independent Film Business Needs Now More Than Ever

Jan 23, 2026
Stuart Ford, chairman and CEO of AGC Studios and longtime film executive, reflects on the state of independent film. He discusses financing pressures, how AGC self-funds and sells worldwide, the tradeoffs between theatrical and streaming, and why TV and unscripted projects are vital to diversify slates.
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INSIGHT

Identity Is Independent Film’s Advantage

  • Independent film now occupies the creative space largely abandoned by major studios: intelligent, adult-driven movies with distinct identity.
  • That identity is the competitive advantage allowing indies to survive and connect with audiences discoverability-wise.
INSIGHT

Budget Inflation Shrinks The Indie Bullseye

  • Production costs have risen while revenue streams for independents have stayed stagnant, shrinking the economic 'bullseye.'
  • That cost-capital mismatch front-loads risk onto producers and financiers, deterring new capital.
ADVICE

Stay Platform-Agnostic And Flexible

  • Stay platform-agnostic and keep the theatrical door open while planning flexible release strategies.
  • Pivot to PIVOD or streamer deals when theatrical exposure proves limited but still pursue a meaningful theatrical window first.
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