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Thursday, March 21, 2019

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.

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’...

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.

Director Matthew Vaughn’s UK Film Fund

Director Matthew Vaughn proposed an interesting spin on UK tax credits that puts a fresh (slightly French) spin on the UK's tax credit programme. I think he is mostly correct and the US states should take heed.

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.

I LOST MY INVESTOR!

As a finance person, I spend a lot of time cleaning up after producers, which makes it easy to opine on their shortcomings and how they can better themselves. But I also spend just as much time cleaning up after investors who’ve jumped ship.

The New ABC of California Corporations

There are two brand new corporations that could be kind of cool for socially-conscious filmmakers: They are the “B Corp.” and the “Flexible Purpose Corp.”

Why I Do Not Film in Michigan

I have never recommended a producer film in Michigan, even in its heyday. Their film tax credit program has had problems on every level, from its inception.

Be Warned – What 2011 Means for Filmmakers

The mantra for surviving 2011 and 2012 will be to swing for singles and doubles, not for fences. If you really know what your doing, then it's a great time to enter the film market. But if you don't...

2010 Toronto Film Festival: Part 1

I'm heading to the Toronto International Film Festival, which kicks-off this week and marks the one-year anniversary of the credit crunch and market collapse that left the streets of last year's festival strewn with the bodies of dead deals.

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