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Saturday, October 19, 2019

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.

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...

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.

Hallelujah! Gmail’s new Priority Inbox fights email overload.

It is nothing short of mind numbing how much email flies around during film closings. Executive teams representing senior banks, mezz lenders, tax credit lenders, equity financiers, bond companies, producers, and talent, along with their in-house and out-house lawyer teams and other reps have taken email’s “Reply to All” to unimagined and unmanageable extremes, but Google may have the answer...

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?

My Film Finance Theory: As Goes Real Estate, So Goes Film

I have this theory that film financing follows real estate: as goes real estate, so goes film. This is nothing I can quantify with statistics; it's a gut feeling, solidified over time, observational, not empirical. And, hear me out, what's got me thinking we may be seeing more film investing is an increase in the sale of U.S. Treasury bonds.
RTW

Right to Work is Right to Picket

The topic of Right to Work has resurfaced with IL Gov. Bruce Rauner proposing Right to Work zones throughout the state. What does this mean for Producers?

But Dad, I Hate 3D!

I was surprised to learn over the holiday weekend that my younger cousins (under 10 years of age) overall hated to see movies in 3D, as opposed to 2D.

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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