The document discusses potential media institutions that could distribute an independent arthouse film with a minimal budget. It analyzes Picturehouse, Universal Studios, 20th Century Fox, Film4, and StudioCanal. Film4 is identified as the ideal choice because it is vertically and horizontally integrated, has experience working with independent arthouse films, is British and therefore more likely to invest in a British film, and has strong connections with other organizations like BFI to help gain investment and market the film effectively through its channels.