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Finance Plans Archives - Film Closings

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Chicago
Tuesday, December 7, 2021

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.

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.

Film Funds: It’s Not You, It’s Them

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A lack of funding options is creating opportunities for new funds to enter the indie market; understanding their funding criteria is Job #1 for producers...

Announcement: A New Method for Indie Financing

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If nothing else, film financiers like myself need to try to incorporate new sources for film funding. This merging of crowd/tribe financing into the traditional model may indeed be possible.

Czech Republic now has 20% Film Incentive

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

The Scary Fate of Pre-Sale Deposits

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When it comes to the fate of foreign presale deposits in packaging a film's financing, foreign sales as an institution are not in jeopardy, but the terms and conditions for the standard 20% deposit from the foreign buyers is.
section181

Section 181 is Back! Again! and Again!

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SECTION 181 is back! Everybody's favorite on-again, off-again federal film funding incentive is back.

Divergent and the Illinois Film Tax Credit

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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.

To Defer or Not to Defer

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Knowing where to put your money is one of the most difficult challenges for independent film producers. When everyone simply can't be paid upfront due to insufficient funds you'll have to try and get as many people as you can to work for free or deferred fees. But, who will and who won't?

Indie Producers Don’t Understand Tax Credits

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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.