A great script and great pitch make a great beginning, but they’re not enough – especially today, in The Bronze Age of Independent Film Financing, when money is scarce, the market is flooded, and investors are understandably risk averse. Aperture Media Partners is a media finance, advisory and production company focused on feature films and episodic entertainment. made it much less stressful and the more I got into it, I thought to myself - YES!!! Can you imagine being a high net worth individual or company and having your contact information circulated? To encourage support, offer your connector an Associate Producer credit and finder’s fee. Don’t throw a line out to an HNI and then sit on your hands while you wait to hear back; instead, approach other HNIs, explore attachment possibilities, and figure your MPIs. Thank you! So now let’s imagine that you’re fundraising for your lo-fi sci-fi film, The Final Frontier. You need to be building every piece of the house all the time. a beginner’s guide to independent film financing. If after all of your networking and pavement-pounding you’re still coming up short, you might consider launching an email campaign. | Crafted with care in NYC. Did you know there are roughly over 10,000 films looking for funding for every 1 potential investor? Regular Price $1301, Save $302, Full Gold Toolkit FilmProposals is here to teach you what you need to know to get your film financed quickly. I feel that Brad Pitt legitimized Inglourious Basterds. For more details, explore the rest of our in-depth series about how to finance your indie film: Part I – Beginner’s Guide to Independent Film Financing #filmangels. Regular Price $802, Save $203, Film Financing Toolkits - Templates & Tools for the DIY Filmmaker, Full Silver Toolkit To encourage an agent to pass your script to a client, you might propose a pay-or-play deal. Just ask one of your friends who knows one of these people for an introduction. In the investing world, 20% – let alone 50% – is a sizable return. When you’re just starting out, the more experienced your crew, the higher your chances of fundraising success! Having a star doesn’t matter. Read all our Film Investor articles. If appropriate, you could ask other players – ie., your director, your writer, your actors – to defer percentages of their salaries, as well. Attaching an established director to your film – via a pay-or-play deal or otherwise – is as viable a way to build credibility and encourage investments as attaching talent. Consider joining or otherwise participating in associations related to your film. Regular Price $205, Save $76, Film Financing Guide This is the day that the cameras roll, which, of course, impacts your fundraising timeline. Some agents accept 10% pay-or-play deals, which means that only 10% of the actor’s fee must be paid if your film falls through. It’s worth noting that pre-sales can be hard to come by in The Bronze Age of Independent Film Financing. Explore their angel investments and backgrounds. To identify established directors who might fit your project, list films that are similar to your own in genre, mood, target audience, etc. It is a living document… [that you can use to] gage your progress and compare your projections to actual accomplishments. Essentially, pay-or-play means that if an actor agrees to play a role in your film, you must pay him or her, regardless of whether or not your film gets made. I had no idea it was feasible to get a handle on film finance myself and was really inspired to see I don't have Consider teaming with a casting director to guide you as you reach out to actors and their agents. Remember, too, that casting an actor about whom a potential investor is excited can encourage him to write a check. See our introduction to independent film financing for an overview of tax credits and MPIs. Traditionally, studio films cast their leads by analyzing candidates’ previous box office successes and failures, not by finding the right actor for the right role and trusting that this match will attract an audience. When you are ready to make an offer, meaning you have done your research, prepared your plan and offering, and are really ready to speak to investors, then please check out our insider tips on How to Find Film Investors. “Things may come to those who wait, but only the things left by those who hustle,” Abraham Lincoln reminds us. As indies, we can afford to bank on the value of good, because we’re not juggling hundreds of millions of dollars. If you can contact a director directly, invite her to read your script. Read More: Impress Film Investors - Learn Their Lingo. Malloy relates an inspiring story about a real estate salesman that I hope you’ll take to heart: Turns out this guy would take it very personally when people said no. To be a “sound investment” is to be an investment that can conceivably be recouped and generate profit. Do what you can to cement a positive impression and so heed Benjamin Franklin’s adage: “It takes many good deeds to build a good reputation, and only one bad one to lose it.”. This process will lead you straight to finding and securing the right investors for your movie. Pitching a sales company is like pitching an HNI; both want to know something’s in it for them. Sometimes it’s useful to create additional incentive. value here is the market data - I'd pay 100$ for that alone. Explore popular platforms, the 4 keys to a successful campaign, useful examples, and more in our guide. Moreover, the actions of the referred reflect on the individual referring; reputations are on the line. It is possible to rent opt-in lists of HNIs’ contact information. Too often, filmmakers think they are ready for film investors and the first thing they do is an online search for "movie investors" and email a potential investor blindly with something like, "I want to make a film and need $XX.". Born and raised in Silicon Valley, coming soon to a movie theater near you. You also can meet sales agents at film markets, essentially trade events where producers and distributors license films. When I came across the Business Plan Tools and the Finance Guide, I felt like I could stop searching for the pot of gold...I’d found it. Hi there! As we discuss in the “Legalese” section of our introduction to independent film financing, a CIO does not replace an Offering Memorandum. :) ) The information is clear and easy to understand, and Melissa is very prompt in answering emails. Business Description We are an independent film company focused on film production and production related services in connection with genre specific motion pictures with production costs in the $5.0 … Film Financial Projections Template Tax Credits. These independent movie companies tend to offer lower … If you're convinced you can take the lazy approach to finding film investors by searching the internet and emailing people with something like, "I have a great project, email or call me," then skip these posts, because they will not help you. Find Investors. To get your film off the ground, you need your first piece of equity – ie., financing from an investor obtained in exchange for an interest in your film. Working with film investors is a crucial step in moving your film project forward and vital to finishing a quality indie film. Of course, this is a step in the community building process, which we discuss in our series introduction. you must believe that your film is one such opportunity, The Bronze Age of Independent Film Financing, our introduction to independent film financing, check out our affordable online filmmaking course, How to Write a Screenplay You Can Afford to Shoot, Beginner's Guide to Independent Film Financing, How to Use Crowdfunding to Finance Your Indie Film, 4 Examples of Good Visual Writing in a Movie Script, 5 Essential Elements of Successful Mise en Scène in Film, How to Write a Powerful Documentary Film Proposal, 10 Best Books on Filmmaking for Beginners, 3 Production Documents You Need to Make for Your Film Shoot, Profit Returned to the LLC – $2,100,000 (this is an arbitrary number chosen to illustrate the process of Investment Return), First Payout Until 120% of Investment Recouped – $1,200,000, Remaining Money to Be Split Between Investor and LLC – $900,000 (a fifty-fifty split of net profit is standard for most film productions, so $450,000 to Investor, and $450,000 to LLC), Return on Investment (ROI) Over 2 Years – 65%, Anesthesiologists, mean annual pay: $235,070, Chief Executives, mean annual pay: $178,400. Pirate Captain Henry Every Takes The Gunsway | Public Domain Image, NahidSultan. Here are just some of the websites we've seen come and go over the years: Star Street Capital Film Investors Alternatively, you could raise $1,000,000 and guarantee the $120,000 with your tax credit (assuming that the credit provides at least that amount). Hi, say I am capable of becoming fully accredited as an investor. Create a Marketing Plan. It is best read after (1) a beginner’s guide to independent film financing, (2) 3 first steps to finance your indie film, and (3) how to get donations and grants for your indie film. HNIs, MPIs, Talent Attachments, Directing Attachments, Distributor Attachments, Salary Deferrals, Finishing Funds and Gap Financing… The commercial arena of investments can feel more like a maze than any sort of stadium, full of puzzles, tripwires, and dead ends. Louise Levison has been writing business plans in the film industry for 30 years. If you do not believe this, then Return to Start (“Business, Not Charity”). The development of a business plan shows whether or not a business has the potential to make a profit. FILM FINANCING AGREEMENT . Very few independent films are pre-sold for a multiple of its production budget. This would be a valuable talent attachment regardless of a foreign sales agent’s input. Investing in independent film can be difficult for ordinary investors because of the costs and complexities of financing a movie. Cannes Film Festival’s Marche du Film is one such event, and The American Film Market (AFM) in Santa Monica is another. to be a writer hawking scripts until I die. A business plan is a living document because it needs to reflect the growth of your fundraising process! Engage investors with the help of our comprehensive guide. One of those birds may be money you save from deferred salary deals. You are gifting them with an investment opportunity. Build Your Credibility. 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