I haven’t covered Kevin Smith’s great Red State experiment as much as I probably should have, for the simple reason that I’m really lazy, and Kevin Smith can’t so much as order a taco in less than 700 words. He’s mostly likable, but my God, the man is exhausting. In any case, the short version is that none of the studios wanted to make Red State, so Smith got it financed himself. Then he invited studio reps down to Sundance to bid on distribution, where he promptly gave them one of these and said he was distributing it himself. That way, he wouldn’t be subject to anyone’s notoriously-shady accounting practices or have their wasteful marketing expenses deducted from his bottom line. If it seems obvious, the reason no one else had done it was that getting your self-distributed film into theaters where people can actually see it is next to impossible. But when you have a jillion Twitter followers, a popular podcast, and can afford to front your own money to rent out theaters, and then charge people $40-plus for a screening and live Q & A, self-distribution suddenly seems plausible. …Sibilance.
Now it seems that the experiment has paid off, because, despite the fact that almost no one but the jortsingest, most hockey sweatery Smith fanatics have seen it, Red State is already turning a profit.
The film, which cost $5 million to make, saved $1 million from California state tax incentives, making the total investment $4 million. It then grossed about $1 million on the first leg of the tour, took in $1.5 million from a handful of foreign sales and is about to close a $3 million domestic distribution deal to release the film every way but theatrical. Do the math and Smith’s little experiment is now officially in the black, and it’s still six months away from theatrical distribution with another tour in the works. [SlashFilm's recap of info from Smith]
Say what you will about the combination of hubris and narcissism it may have taken to get it done, it’s still an achievement. Smith celebrated in typical Smith fashion, writing an exhausting (but entertaining) 3,000-word blog post about screening the film for Quentin Tarantino, which I shall attempt to summarize below.





