Independent film releases in the U.S. from 2010 to 2020. (Source: Bloomberg)
(Bloomberg) — For independent filmmakers, the COVID-19 pandemic has added a new hurdle to the already challenging task of lining up financing: finding insurance to cover virus-related interruptions.
Lenders are demanding it, and it's tough to get. So tough, in fact, that independent films have been forced to shut down by the shifting demands of financiers worried that the virus will cause huge losses.
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