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Tuesday, October 15, 2019

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...

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!

25 Million in Fraudulent Tax Credits

The Iowa Attorney General is reviewing the official audit of the film tax credit fraud cases, which identifies 22 films that raked in over $25,000,000 in illegal credits.

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.

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...

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.

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.

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.

Czech Republic now has 20% Film Incentive

The Czech Republic now has a 20% production incentive for films that spend more than CZK15mm (apx. USD $700,000) in the country.

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.

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