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Sunday, March 24, 2019

The Road to Hell is Paved with Hugh Jackman’s Letter of Intent

There is a smoke-and-mirrors dance producers have to perform to bring all sides to the middle, but when it comes to key talent attachments, if it’s not verifiable, it doesn’t exist.

Indie Producers Don’t Understand Tax Credits

Indie producers are on a relentless quest to find the elusive "final 20%" of their budgets. They've raised the equity, made the presales, maxed the gap, and still they come up 20% short. Even with a whopping 40% cash rebate! So why then are they still stumbling around trying to fill that final 20% of their budgets?! Because producers can't get out of their own way.

Film Funds: It’s Not You, It’s Them

A lack of funding options is creating opportunities for new funds to enter the indie market; understanding their funding criteria is Job #1 for producers...

Illinois Updates Film Tax Credit for Non-Resident Stars

Somebody in Springfield must follow my blog, because it appears they're going to update the film incentive to include non-resident cast.

Star Power Is Anything But.

I can’t speak for studios, but in the indie marketplace, this fundamental shift of star power declining could be good news for producers. A solid script and a proven producer might be a bigger value to buyers than a star’s name.

Pay-or-Play: Is There No Other Way?!

Indie producers seem to get very agitated around the topic of pay-or-play, a guarantee which they feel is forced upon them by agents (for the benefit of the actor or director), that the talent will be paid their fee, should the talent not be used in the production.

Highlights From The 3rd Annual Film Finance Forum: Part 2

Last week I moderated Variety's panel on “How to Make Crowd-Funding Work for Filmmakers” and it marks a seminal moment in the convergence of filmmaking and technology. Hear me out...

Power to the People: The Democratization of Film

For indie filmmakers, Production is the first of the three barriers-to-entry to crumble under the weight of the masses. Finance and Distribution are next.

Currency Woes – Why the Weak Dollar Is Helping and Hurting Hollywood

A week dollar is great for US producers looking to secure foreign pre-sale contracts, but it can also work against US producers looking to shoot abroad.

Film Closings’ Response to Chicago Tribune & Screen

Film Closings was featured this week in a Chicago Tribune article as well as in Screen juxtaposing what others in the state were saying and rallying for when it came to the IL film incentive. This post gives a broader understanding to our view on the credit climate overall. As well as a Pop Quiz.

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