Market Analysis

Movie Buyer Trends Q4 2025: Churn, Long Tail, and the 2026 Indie Playbook

Q4 did not go quiet. It rotated. The buyer list moved faster than most filmmakers did, and December squeezed activity into fewer hands. If you are an indie writer or producer, that shift is not just interesting. It is the map for 2026.

Unique Buyers
8,994
Active across Q4 2025
Buyer Churn
87%
New buyers in November
Top 50 Share
43%
December concentration

The market is not shrinking. It is rotating.

October had 2,428 active buyers. November surged to 6,546. December compressed to 1,522. The churn is the signal. Most of November’s buyers were new compared to October, and most of December’s buyers were new compared to November.

If you keep pitching the same short list of companies all quarter, you are repeatedly missing the majority of the market.

Buyer Churn by Month
October active buyers2,428
November active buyers6,546
December active buyers1,522
What it means

Rotation, not volume, is the real story. Your buyer list should change monthly, not yearly.

The long tail is where indies win.

Long tail means most of the activity sits outside the biggest buyers. In October and November, the top 50 buyers only accounted for about a third of activity. December was different. The top buyers took a much larger share, which is why the month feels slow.

Top Buyer Share of Monthly Activity
Top 20 share in October23%
Top 20 share in November22%
Top 20 share in December32%
Top 50 share in October34%
Top 50 share in November32%
Top 50 share in December43%
Indie advantage

In most months, two thirds of activity happens outside the top buyers. That is the access zone.

Packaging signals are the default.

Across Q4, most buyer signals already include talent or a named decision maker. A late December music special listing included performers and guests directly in the attachment field. That is the level of specificity buyers respond to now.

Packaging Signals by Month
October attachments71%
October decision makers66%
November attachments68%
November decision makers60%
December attachments65%
December decision makers59%
Dec 15 to 31 attachments70%
Dec 15 to 31 decision makers62%
What it means

If you are not attaching talent, attach a producer who can. Packaging is no longer optional.

What this means for your 2026 strategy

A quick note on early year patterns

We do have January to March data, but February and March are sparse. Treat them as directional. The shape is still useful. January is active, then the market thins right after the year turns.

Use January for openings. Use February and March for follow through. If you are not in motion by late January, you are probably waiting for the next window.

Bottom line

2026 will reward alignment, not volume. Move with rotation, target the long tail, and show up packaged.

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