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Finance Plans Archives - Film Closings

11.9 F
Chicago
Tuesday, December 7, 2021

Divergent and the Illinois Film Tax Credit

12
A big studio film every few years is not sustainable. It's time for Illinois to acknowledge the resources it lacks and modify the credit to be inclusive, not exclusive, to the global industry.

The New ABC of California Corporations

9
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.”

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

3
We are fast approaching the end of the year and that means you have two weeks left to grandfather your Section-181 benefit.

US House Passes Important Crowdfunding Legislation

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

AFM Currency Update

0
Great news for the first day of the American Film Market: the GBP and the Euro are both trading high against the USD, which is elevating the AUS as well. This should stimulate early film buying.

AFM Sees Currency Gains

1
Good news for AFM! Foreign buyers are coming to the market with increased buying-power thanks to major rebounding from Euro, Yen, Canadian & Australian dollars.

Grandfather Your Section-181 Benefit Now

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Section §181 expires at the end of 2011. If you grandfather it correctly, then your film or series (up to 44 episodes!) will remain eligible for the benefits indefinitely.

Union Busting 101

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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.

Currency Woes – Why the Weak Dollar Is Helping and Hurting Hollywood

5
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.

Power to the People: The Democratization of Film

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For indie filmmakers, Production is the first of the three barriers-to-entry to crumble under the weight of the masses. Finance and Distribution are next.