THE FINANCING CHANNELS EXPLORATION OF
CHINA’S SMALL-BUDGET FILMS
ABSTRACT: China’s small-budget films still in the exploratory phase of trial and error, especially in the face of the siege and attack of commercial blockbusters, are trapped in struggled situation. Expanding and integrating the financing channels on each sectors of the film industry chain are the right way to solve the financing problems of China’s small-budget films, as well as the reform of financing instruments and investment system. To rely on state-sponsored fund as a strong backing, base on the comprehensive and cross-media film groups with a modern enterprise system, regard the bank loans as the main financing channels, actively attract various funds and venture capital and strive to develop diversified financing channels by grasping the opportunity of downstream industry chain extension to the upper. Above all, China’s small-budget films are supposed to explore the viable financing model on the basis of learning other countries or regions’ precious fruits and fitting the characteristics and development status of China’ small-budget films.
Key words: small-budget films; financing channels; industrial chain; administrative promotion; market competition mechanism