What Jeff Harmon has said about Film industry economics

Harmon says Angel takes no distribution cut and instead splits profits with filmmakers.

“We only take profits. So we split with the filmmaker the profits”

My First Million: The creative genius behind Squatty Potty & Poo-Pourri reveals his marketing playbook (Oct 7, 2026) · Listen from 47:25

Harmon explains that the Guild's ticket benefit relies on breakage, similar to MoviePass.

“we rely on some breakage, meaning the average person goes to three to four movies a year”

My First Million: The creative genius behind Squatty Potty & Poo-Pourri reveals his marketing playbook (Oct 7, 2026) · Listen from 48:00

Harmon says most of the roughly 1,000 independent films each year are financed by wealthy people wanting to make movies.

“I've never met a billionaire that doesn't want to make movies”

My First Million: The creative genius behind Squatty Potty & Poo-Pourri reveals his marketing playbook (Oct 7, 2026) · Listen from 48:57

Harmon argues Hollywood's troubles stem from costs rather than insufficient revenue.

“the Hollywood industry has a cost problem, not a revenue problem”

My First Million: The creative genius behind Squatty Potty & Poo-Pourri reveals his marketing playbook (Oct 7, 2026) · Listen from 52:07