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I don’t know where to even begin with how embarrassing this article is but I’ll try. Here’s the first quote from one of these 6 producers:
“We should not judge a program based on who benefits from it”
Uuummm? What?
THREAD
https://twitter.com/nationalpost/status/1334099304798105602
“We should not judge a program based on who benefits from it”
Uuummm? What?
THREAD
https://twitter.com/nationalpost/status/1334099304798105602
Firstly, if your films are “commercially viable”, why do you need millions in tax-payer handouts to fund them? Never thought I’d see the day that the National Post trumpeted socialism, but here we are 
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The article names films like The Red Violin, no doubt a success. Problem is, the film came out
IN 1998!!!
I was 15 then, I’m old AF now.
IN 1998!!!
I was 15 then, I’m old AF now.
The article names BIPOC orgs like @re_mcorg, which I co-founded, yet the writer did not reach out to us for comment. If they had, they’d know REMC was not involved in Fast-Track being cancelled. (We of course support @Telefilm’s reform process). There's more...
Here’s another quote: “Telefilm is an investment agency; they’re not an arts council,”. The article then states Telefilm “recoups roughly $5 million per year from films that generate positive returns”. If I’m correct, that’s roughly a 5% rate of recoupment...
Notice, I didn’t say rate of “return”, but "recoupment".
If I was your money-manager, and I lost 95% of your money every year, you’d probably want to reassess the process wouldn’t you? Doesn't sound like a great investment agency...
If I was your money-manager, and I lost 95% of your money every year, you’d probably want to reassess the process wouldn’t you? Doesn't sound like a great investment agency...
The saddest part: I’ve been on the recent consultations on the Success Index, it was almost unanimously accepted that the Index needed reform, and the process needed to be more inclusive. Yet...
none of the producers named in this article raised their concerns in front of the broader film community. Why? They quietly went to @s_guilbeault, and now the National Post, that bastion of public arts support 
I’ll leave you with @justsayrad’s vastly superior article on the same issue. I sincerely hope @telefilm stays the course, because BIPOC filmmakers deserve nothing less. We’ve come too far, and we ain’t going back. END. https://nowtoronto.com/movies/telefilm-fast-track-success-index
