Lloyd Kaufman — founder of Troma Entertainment and creator of The Toxic Avenger — joins Neil Willoughby, host of Midnight Horror Picture Show, for a wide-ranging, unfiltered conversation about building the longest-running independent movie studio in history. Lloyd talks about learning to shoot in sequence from Rocky director John G. Avildsen, discovering Oliver Stone at Yale, and how Troma became the launchpad for James Gunn, Trey Parker, Matt Stone, Eli Roth, Samuel L. Jackson, and more. He digs into the death of the mid-size independent studio, MPAA censorship double standards, why he shot his new film The Power of Positive Murder in black and white, the recut of Mr. Melvin (aka Toxic Avenger Parts 2 & 3), and how fan-funded distribution — from Indiegogo to Markiplier — might be pointing indie cinema back toward its roots. This one's part film-history lesson, part masterclass in DIY filmmaking, and part Lloyd being exactly as chaotic and hilarious as you'd hope. CHAPTERS (00:00) – Intro: Who is Lloyd Kaufman & what is Troma(01:33) – Falling into Troma & what Lloyd's working on now(03:04) – Shooting in sequence: Trey Parker's Orgazmo trick(05:59) – Get on set: John G. Avildsen, Rocky & learning the ropes(08:13) – Discovering Oliver Stone at Yale(09:53) – New book: "Lloyd Kaufman: Interviews"(11:32) – TromaDance Film Festival 2026 (free submissions, Labor Day weekend)(14:26) – Troma as the "anti-studio" & why indie film is disappearing(19:35) – Cannes, Occupy Cannes & vanishing distribution outlets(21:35) – Crowdfunding, streaming & the death of the video store model(23:31) – The Power of Positive Murder: shot in B&W, inspired by Crime and Punishment(27:06) – No release date, all fan-funded, all fan-run(28:39) – Troma's PA-to-producer pipeline (Sabrina Mendoza, Andrew Miller)(33:48) – Roger Corman, John G. Avildsen & Troma's mentorship legacy(36:34) – Citizen Toxie, school shootings & why Troma tackles hard topics early(38:41) – Mr. Melvin: the "recut" Toxic Avenger sequel(41:44) – Do movies need to be 3 hours long?(43:38) – Sean Baker, Anora & the return of ultra-low-budget indie(47:51) – Markiplier, YouTuber-financed horror & new distribution models(50:44) – "Talent will out": advice for filmmakers with zero money(57:38) – Follow @UncleLloydKaufman on Instagram(59:13) – Outro: Troma-Thon, San Diego Comic-Con & Troma's 2026 tour dates ABOUT THE GUEST Lloyd Kaufman is the President of Troma Entertainment, co-founder of the studio, and director of The Toxic Avenger, Class of Nuke 'Em High, and Sergeant Kabuki Man N.Y.P.D. Troma has served as an early launching pad for filmmakers including James Gunn, Trey Parker, Matt Stone, and Eli Roth. FOLLOW LLOYD & TROMA Instagram: @UncleLloydKaufman | @TromaTeam Watch Troma's full catalog: Troma NOW streaming service: https://watch.troma.com/ UPCOMING TROMA EVENTS (2026) - Troma-Thon 2026 — July 17–18, Mahoning Drive-In, Lehighton, PA (Premiere of PoultryGeist 2) - San Diego Comic-Con — July 23–26, (Sat panel with Chuck Tingle) - Troma San Diego/LA Tour — July 27–August 1 Subscribe to MIDNIGHT HORROR PICTURE SHOW on YouTube and wherever you get podcasts- and leave a 5-star review! It's the single best way to help indie horror creators get seen. Follow us: Instagram @MidnightHorrorPictureShow Theme music by @nick_ferreri #LloydKaufman #Troma #ToxicAvenger #IndieFilm #HorrorPodcast #Filmmaking #JamesGunn #IndependentCinema #HorrorMovies #TromaEntertainment