The Risks and Rewards of Self-Distributing Movies, With Black Bear’s Teddy Schwarzman episode artwork

EPISODE · Oct 29, 2025 · 32 MIN

The Risks and Rewards of Self-Distributing Movies, With Black Bear’s Teddy Schwarzman

from The Town with Matthew Belloni · host The Ringer

Matt is joined by Teddy Schwarzman, the founder of Black Bear Pictures, to discuss the challenges and strategies behind an independent production company launching its own distribution division. They talk about the risk of making big bets on small movies in theaters, how the industry has evolved, and whether Teddy sees A24 and Neon as competitors (02:46). Matt finishes the show with an opening weekend box office prediction for Yorgos Lanthimos’s new film, ‘Bugonia’ (26:54). For a 20 percent discount on Matt’s Hollywood insider newsletter, ‘What I’m Hearing ...,’ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠click here⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Email us your thoughts! ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠[email protected]⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Host: Matt Belloni Guest: Teddy Schwarzman Producers: Craig Horlbeck and Jessie Lopez Theme Song: Devon Renaldo Learn more about your ad choices. Visit podcastchoices.com/adchoices

Matt is joined by Teddy Schwarzman, the founder of Black Bear Pictures, to discuss the challenges and strategies behind an independent production company launching its own distribution division. They talk about the risk of making big bets on small movies in theaters, how the industry has evolved, and whether Teddy sees A24 and Neon as competitors (02:46). Matt finishes the show with an opening weekend box office prediction for Yorgos Lanthimos’s new film, ‘Bugonia’ (26:54). For a 20 percent discount on Matt’s Hollywood insider newsletter, ‘What I’m Hearing ...,’ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠click here⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Email us your thoughts! ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠[email protected]⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Host: Matt Belloni Guest: Teddy Schwarzman Producers: Craig Horlbeck and Jessie Lopez Theme Song: Devon Renaldo Learn more about your ad choices. Visit podcastchoices.com/adchoices

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The Risks and Rewards of Self-Distributing Movies, With Black Bear’s Teddy Schwarzman

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This episode was published on October 29, 2025.

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Matt is joined by Teddy Schwarzman, the founder of Black Bear Pictures, to discuss the challenges and strategies behind an independent production company launching its own distribution division. They talk about the risk of making big bets on small...

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