Moore on greed: US film-maker has rounded on his Hollywood backers

The documentary film-maker Michael Moore – who has made a fortune out of attacking America's obsession with guns, its health care system and the Iraq war – is not a man to hold his tongue and doff his cap. In fact, far from holding his tongue he has proceeded to bite the hand that feeds and attacked his own studio bosses.

In an outburst at the Venice Film Festival that could spell the end of his Hollywood career, Moore turned on a roomful of executives from the film company that bankrolled his latest movie and ridiculed them as the perfect example of a capitalist corporation he criticises in his new film, before pointing out that he is now wealthy enough to make his own.

Moore, whose film Capitalism: A Love Story is in the festival's official competition, stood in front of executives from the big-budget studio Paramount and openly mocked them. "Why would these companies give money to me, a guy who is diametrically opposed to everything they stand for?" he said.

"One of the beautiful flaws of capitalism is they will use the rope you give them to hang themselves if you can make a buck. Every single movie I have made over the past 20 years has made a profit. There are not a dozen people who can say that. I'm in a very desirable club," he said.

But Moore, whose film is a scathing critique of America's Wall Street bankers whom he brands "gamblers", said he may never make another Hollywood-backed film after this damning indictment of capitalism.

"I got the sense that they [Hollywood's moneymen] don't care what I think or feel... I thought, 'why don't I make a movie that will guarantee me never getting a dime from them again?'

"I think this is the last time they will give me that money. They are not an ideology, they are just about money. I can imagine the conversation – 'Look what he's said about us' says one man, and other says 'But look how much money he made'," he said.

Moore added that he has been saving his millions so that when Hollywood finally turns against him, he will be able to fund his own documentaries.

"I have been saving up my money since Sicko to get to this day," he said. "I will always make my own movies. Now I have my own money to make them."

His documentary Farenheit 9/11 – which argues that George W Bush had waged a war on Iraq "based on a lie which he knew was a lie" – was made on a budget of around $2m (£1.2m) yet made a worldwide gross profit of $120m – an astounding achievement for a documentary.

Moore's is one of six US films in the running for the prestigious Golden Lion to be awarded next weekend. There are no British feature films in this year's selection, which has led some to speculate that the recession has hit the quality of homegrown film-making.

The Oscar-winning British actress Tilda Swinton, who stars in the Italian film Lo Sono L'Amore (I Am Love), yesterday refused to drawn on the poor showing of UK films at the festival.

Swinton, who plays the stately wife of a wealthy Italian businessman who falls in love with her son's friend, said she could not cast any judgement on the state of the British movie industry, but called the film in which she stars a "classic Italian film".

The Venice festival has increasingly brought Hollywood glamour to the red carpet over the years. The healthy selection of American films this year has attracted the likes of Nicolas Cage, Eva Mendes and George Clooney to the Lido in Venice.

Arts and Entertainment
Nick Frost will star in the Doctor Who 2014 Christmas special

TV
Arts and Entertainment
Friends is celebrating its 20th anniversary this year
TV
Arts and Entertainment
A spell in the sun: Emma Stone and Colin Firth star in ‘Magic in the Moonlight’
filmReview: Magic In The Moonlight
Arts and Entertainment
Ben Whishaw is replacing Colin Firth as the voice of Paddington Bear

TV
Arts and Entertainment
Actor and director Zach Braff

TV
PROMOTED VIDEO
Have you tried new the Independent Digital Edition apps?
Arts and Entertainment

TV
Arts and Entertainment
Meera Syal was a member of the team that created Goodness Gracious Me

TV
Arts and Entertainment
The former Doctor Who actor is to play a vicar is search of a wife

film
Arts and Entertainment

music
Arts and Entertainment
Pointless host Alexander Armstrong will voice Danger Mouse on CBBC

TV
Arts and Entertainment
Pharrell dismissed the controversy surrounding

music
Arts and Entertainment
Jack Huston is the new Ben-Hur

film
Arts and Entertainment

TV
Arts and Entertainment
Cara Delevingne modelling

film
Arts and Entertainment
Emma Thompson and Bryn Terfel are bringing Sweeney Todd: The Demon Barber of Fleet Street to the London Coliseum

theatre
Arts and Entertainment
Sheridan Smith as Cilla Black

TV
Arts and Entertainment
Robin Thicke's video for 'Blurred Lines' has been criticised for condoning rape

Robin Thicke admits he didn't write 'Blurred Lines'

music
Arts and Entertainment
While many films were released, few managed to match the success of James Bond blockbuster 'Skyfall'

film
Arts and Entertainment
Matt Damon as Jason Bourne in The Bourne Ultimatum (2007)

film
Arts and Entertainment
Sheridan Smith as Cilla Black

Review: Cilla, ITV TV
Arts and Entertainment

TV
Arts and Entertainment
Tom Hardy stars with Cillian Murphy in Peaky Blinders II

TV
Arts and Entertainment

art
Arts and Entertainment
Keira Knightley and Benedict Cumberbatch star in the Alan Turing biopic The Imitation Game

film
Arts and Entertainment
Kanye West is on his 'Yeezus' tour at the moment

Music
Have you tried new the Independent Digital Edition apps?

ES Rentals

    Independent Dating
    and  

    By clicking 'Search' you
    are agreeing to our
    Terms of Use.

    Scottish referendum: The Yes vote was the love that dared speak its name, but it was not to be

    Despite the result, this is the end of the status quo

    Boyd Tonkin on the fall-out from the Scottish referendum
    Manolo Blahnik: The high priest of heels talks flats, Englishness, and why he loves Mary Beard

    Manolo Blahnik: Flats, Englishness, and Mary Beard

    The shoe designer who has been dubbed 'the patron saint of the stiletto'
    The Beatles biographer reveals exclusive original manuscripts of some of the best pop songs ever written

    Scrambled eggs and LSD

    Behind The Beatles' lyrics - thanks to Hunter Davis's original manuscript copies
    'Normcore' fashion: Blending in is the new standing out in latest catwalk non-trend

    'Normcore': Blending in is the new standing out

    Just when fashion was in grave danger of running out of trends, it only went and invented the non-trend. Rebecca Gonsalves investigates
    Dance’s new leading ladies fight back: How female vocalists are now writing their own hits

    New leading ladies of dance fight back

    How female vocalists are now writing their own hits
    Mystery of the Ground Zero wedding photo

    A shot in the dark

    Mystery of the wedding photo from Ground Zero
    His life, the universe and everything

    His life, the universe and everything

    New biography sheds light on comic genius of Douglas Adams
    Save us from small screen superheroes

    Save us from small screen superheroes

    Shows like Agents of S.H.I.E.L.D are little more than marketing tools
    Reach for the skies

    Reach for the skies

    From pools to football pitches, rooftop living is looking up
    These are the 12 best hotel spas in the UK

    12 best hotel spas in the UK

    Some hotels go all out on facilities; others stand out for the sheer quality of treatments
    These Iranian-controlled Shia militias used to specialise in killing American soldiers. Now they are fighting Isis, backed up by US airstrikes

    Widespread fear of Isis is producing strange bedfellows

    Iranian-controlled Shia militias that used to kill American soldiers are now fighting Isis, helped by US airstrikes
    Topshop goes part Athena poster, part last spring Prada

    Topshop goes part Athena poster, part last spring Prada

    Shoppers don't come to Topshop for the unique
    How to make a Lego masterpiece

    How to make a Lego masterpiece

    Toy breaks out of the nursery and heads for the gallery
    Meet the ‘Endies’ – city dwellers who are too poor to have fun

    Meet the ‘Endies’ – city dwellers who are too poor to have fun

    Urbanites are cursed with an acronym pointing to Employed but No Disposable Income or Savings
    Paisley’s decision to make peace with IRA enemies might remind the Arabs of Sadat

    Ian Paisley’s decision to make peace with his IRA enemies

    His Save Ulster from Sodomy campaign would surely have been supported by many a Sunni imam