The term refers to hedonists. The self-indulgence shown by the characters in this film is outdone only by the self-indulgence of the filmmaking. The characters are so despicable that I would have preferred they all be killed by a bomb 15 minutes into the film. This would not only have been a more satisfying ending, but staring at a black screen for another hour would have been better than watching this drivel. I have no idea how or why it got into the respectable Tribecca Fest.
The characters are a bunch of teenagers who do drugs and have sex all the time. Yeah, I've never seen that before in a film. The characters never go to work, but they also do not appear to be rich. They seem to have no life commitments other than getting stoned and partying. These are people that I do not now nor have I ever had anything in common with. Even when I was young, I never lived like this. Granted, I knew people who were rich and people who partied. Some of them I cared about for various reasons, but this film does not take even a moment to make the audience care about the characters.
The film encapsulates just about everything I hate about cliched independent films. God knows I love black and white photography, but it's hard to imagine a film for which it is less appropriate. The characters already look enough alike; remove hair, skin, and clothing tones, and it makes them all interchangeable.
The soundtrack is a complete mess. It's like something Charles Manson would have put together as a mix tape to seduce a French whore.
In case you haven't figure it out, I do not recommend this film. Unless you are trying to get rid of company.