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Sunday, August 18, 2019

URGENT: 2 weeks to Grandfather Your Section-181-Benefit

We are fast approaching the end of the year and that means you have two weeks left to grandfather your Section-181 benefit.

Chinese Film Funds: A Cookie Without A Fortune

It seems you don’t have to swing a dead cat very far to find a project that has Chinese money attached. What’s the lowdown on this foreign dough and is it for real?

Report from Film Finance Summit, NYC

A report from the Film Finance Summit in New York, where the Intro & Overview of a TV & Film Transaction covered the basics of film finance: Tax Credits, Presales, Gap Lending, Equity Investors, Essential Elements, Security Interests, and more.

Union Busting 101

The 3 biggest obstacles to getting a movie made are unions, agents and producers. They're self-serving, only say "no", and care most about their credit.

2010 Toronto Film Festival: Part 2

The Toronto Dutch Auction has picked up some steam, but it's going to take at least another AFM to clear out the supergap glut...

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.

New Tax Bill Extends Section 181 Federal Film Tax Credit

The new tax bill that President Obama recently signed into law will extend the Section 181 film tax credit to the end of 2011. In addition, it can be applied retroactively to all qualifying films produced in 2011 AND 2010!

US House Passes Important Crowdfunding Legislation

The U.S. House overwhelmingly passed its first significant crowdfunding legislation, allowing entrepreneurs to crowdsource up to $2 million per year.

The IL Film Tax Incentive: Don’t Kid Yourself, Studios Aren’t Moved By It

It may surprise Chicagoans to hear, but Movie Studios don’t care about the Illinois tax incentive. In general, the only studio films that come to Illinois are those that have already established themselves with the "Cheaper than New York to film" Chicago look, like 'The Dark Knight', or those films that actually need Chicago, ‘Public Enemies’...

David Molner and David Bergstein: Guilty or Not?

David Molner and David Bergstein are two of the smartest people in the business. Unfortunately, as has been proven many times over, the smartest guys in the room can make the worst decisions; and those decisions usually rely too much on smarts and not enough on judgement. The smarts recognized the potential for profits -- but the judgement knew the risk was too great.

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