Mike Binder Quotes

The major media companies are significantly reducing their financial commitment to the motion picture sector.

If you're making all your money simply betting on interest rates, that's not a business. Flow is a business. On the outside, they look the same for a while. But when you dig into them, no, they weren't exactly the same.

I think, on a larger note, that filmmakers and studios should start to tuck it in a little bit, because films wouldn't have the pressure they have if the word wasn't out about how expensive they were.

The studio system reminds me of the stock market.

If you have a fantastic idea you're really passionate about and are making $100,000 in your job, if you can set aside some of that to invest in servers or contractors or other folks, that's actually the best way to start a business in my opinion.

I invested in many companies, and I'm happy this one worked. This is capitalism. You invest in stock, it goes up, it goes down. You know, if you don't like capitalism, you don't like making money with stock, move to Cuba or China.

People in retail banks are not smart. They have a business model that's quite difficult to not make money out of - but still they somehow manage it.

Hollywood is going to have to find a way of meeting those profit goals.

There's still a lot of investors wondering what to invest in. And, of course, I think entertainment looks attractive when you read the few films that make these insane amounts of money. What they don't know is they don't always do that.

It used to be the case that studio executives like Robert Evans, Darryl Zanuck, and David Selznick would put aside money for what they wanted to be great movies regardless of whether they would perform well with the box office.

The economics of setting up a new restaurant are scary in good times and terrifying in bad ones.

Not all of our movies work, but we take shots, and we're able to do that because we really stick to low budgets.

After making a lot more films, I realized that the movie and TV business is, for all its inefficiencies, one of the best-run big businesses we have.

Far too many of my peers were taken in by the jet-setting rock star lifestyle and didn't realise the money might not last forever - but I have always had an eye on the future and invest in a syndicate to share risk.

Investing is about intellectual honesty. You want to know what you know. You want to know, mostly, what you don't know.

It's great to make strong, powerful films, but in terms of people wanting to finance them, it's also very difficult.

If you're trying to get to profitability by lowering costs as a startup, then you are in a very precarious and difficult position.

At Telegram we enjoy the luxury of not having to care about income streams or advertising.

Pieces of April' was going to be a 3 to 7 million dollar film and we had three entities, two studios, and one wealthy man and they all backed out. It was quite a blow.

Filmmaking involves a lot of money and hard work, which should not be wasted, though nobody knows which film will be a hit.

I became a producer because nobody was ready to finance my films.

One thing I never thought about in my big-company job? Cash flow. When your business has billions of dollars in revenue, you can make a lot of mistakes and still have a viable business. But in a startup, make a few hiring mistakes, and you can find yourself in real jeopardy fast.

Why can't modern tech companies both grow and turn a profit at the same time?

Small companies tend to go out of business. Large ones don't.

We understand that conglomerates have no future.