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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.

Consumer Laundering – Piracy’s Silver Lining Unfolds

Operators of online piracy websites should take note, they're sitting on the next media gold rush: Consumer Laundering, or, Scrubbing Your Subscribers.

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.

Oscars & Financing: “A-list” isn’t “Always-List”

What does A-List mean and what effect does it have on getting a film financed? Does winning an Oscar make you an A-List star? Depends on how you define A-List.

Why Films Under $2m Can’t Catch a Break

Something that bigger-budget producers unknowingly take for granted is the availability of different types of financing. But any ultra low budget producer (under $2m) can tell you with frustrating familiarity that they can fit their financing structure on a postage stamp.

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...

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.

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.

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.

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.

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