Something that bigger-budget producers unknowingly take for granted is the availability of different types of financing. But any ultra low budget producer (under $2m) can tell you with frustrating familiarity that they can fit their financing structure on a postage stamp.
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.
You've all heard of the indiscretion that cost Nicholas Chartier of "The Hurt Locker" his Oscar tickets. This first hand account takes an inside financing look at Nic, "The Hurt Locker", and the risky business of indie film finance.
The 3rd Annual Film Finance Forum concluded this week and has become the preeminent financial gathering of its kind. One thing that sets this forum apart is...