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A Plum Partnership

Celine Rattray

Co-CEO, Plum Pictures, and coproducer, Lonesome Jim
New York, New York

After graduating from Oxford, I worked for McKinsey doing strategic projects for media and entertainment companies and later, for HBO. I've always wanted to work in film, but I never had the experience. So a year and a half ago, I persuaded two friends to help me found our production company, Plum Pictures. We each bring different skills to the partnership. One is good with the creative process, the other is good with production. My strength is the business perspective.

You have so little leverage when you're a small company. No one likes to work for low pay, so the challenge is to motivate people. On a small-budget film, you offer typecasted actors different roles. You offer crew members a position above what they're used to doing -- the makeup assistant might be the lead makeup artist. And we compensate writers by including them more in the production. We paid nothing for one script; a studio might have paid $10,000. The writer is helping choose a director and cast. It's an exchange.

The film industry requires a huge amount of persistence and luck. We got lucky with Lonesome Jim -- Steve Buscemi was our first and only choice for director, and he agreed to do it. But that's incredibly rare. Rejection is a major part of our daily lives. Whether it's a director or an actor who doesn't want to do a project or an investor who doesn't want to finance us, we field anywhere from 10 to 100 rejections a day. When you manage to sell a pitch, have a movie green-lighted, or get Lonesome Jim into Sundance, you have to savor those moments of victory. An incredible amount of struggle goes into getting them.

The Confidence Inside

Merideth Finn

Director of acquisitions and production, Fine Line Features/ New Line Cinema
New York, New York

There are two highs in my job. There's the fast-moving, how-much-money, highly competitive business deal of purchasing a finished film to distribute in theaters. Then there's the adrenaline rush I get when I go to a screening, and by the time it's finished, I think, I love that movie, I want to buy that movie, I want us to distribute that movie.

That's how I felt when I saw The Sea Inside. I typically see films with colleagues, and we'll debate them heatedly. But all three of us cried during this screening; we've never agreed so vehemently about a film. We saw the movie in the morning, made our first bid in the afternoon, and reached a deal by 3 a.m. The talks were very competitive, but I tend to stay calm during negotiations, which is useful. Losing a movie over hurt feelings is a huge mistake.

In my work, it's so important to remain confident in my own ability. I didn't go to film school, I didn't know I was going to work in film, but I've always been very opinionated and passionate. It's other people's role to question my opinion; they wouldn't be doing their job if they didn't doubt me on some level.

I first saw American Splendor at Sundance, before we owned it, and I was so proud of the movie even though I had nothing to do with making it. But not everyone on my team was as passionate about it as I was. When that happens, I have to be able to say, "This is right for us, I think this director's going to pop, or I think this movie's going to resonate, and this is why." To take a risk on a film, you have to believe in it so much you're willing to risk being identified with it whether it fails or succeeds.