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Sunday, October 18, 2020

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!

Consumer Laundering – Piracy’s Silver Lining Unfolds

Operators of online piracy websites should take note, they're sitting on the next media gold rush: Consumer Laundering, or, Scrubbing Your Subscribers.

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.

Announcement: A New Method for Indie Financing

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.

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...

First Republic Bank Creates New Entertainment Division

Heading up the new division are Bank Leumi veterans Melanie Kinsky, Mandie Rush, and Wendy Moore. Melanie will head-up the Film & Media Finance division, with support from Rush and Moore.

Short Post on Hard Costs

Just to set the record straight from previous comments about one of the main reasons entertainment banks ignore film budgets under 10m.The traditional finance model (via senior banks and mezz lenders) does not willingly service films with budgets under $10m because there are numerous hard costs that (as a percentage of budget) cannot be reasonably sustained by low budgets.

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

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.

AFM Sees Currency Gains

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.

Film Funds: It’s Not You, It’s Them

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...

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