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The industrial definition of indie (especially American indie movies) is a distraction. most people looking for those movies are just looking for a certain type of film, in terms of feel and theme: something not overtly genre based (or if it is, a tendency to deal with it ironically, ie Tarantino: Coens, etc) and leaning towards contemporary 'realist' subject matters. It's probably better just to think of a lot of it as American youth-oriented arthouse cinema. There are obvious examples that contradict that but generally, when I think of an American Indie movie, that's what I'm thinking of. Sofia Coppola would make 'indie' movies regardless of who financed them, IMO.
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