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...fastest-rising independent companies are Hemdale, which started in London and moved to Los Angeles in 1978, and Cinecom, a four-year- old Manhattan firm. Hemdale, the producer of Platoon, quickly followed up with Hoosiers this year, a much praised sentimental film about an Indiana basketball team. Cinecom, which backed A Room with a View, this month released Swimming to Cambodia, a $485,000 movie that consists entirely of a monologue by Actor Spalding Gray. While both companies have lately scored huge hits, their philosophy is to survive on modest successes by keeping costs low. Says Amir Malin, Cinecom...

Author: /time Magazine | Title: Lights! Camera! Cut the Budget! | 3/30/1987 | See Source »

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