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Thursday, February 21, 2019

Divergent and the Illinois Film Tax Credit

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.

US House Passes Important Crowdfunding Legislation

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

Low Budget 3-D: Panasonic Brings 3-D to the Indie Market

For the indie film producer, the cost of hardware, the skills required of operators, and the extra shooting time it takes are all barriers to using 3-D. Panasonic's AG-3DA1 solves these problems. For about $30,000, you get the fully HD 3D camera, a monitor, and two pairs of stylish glasses.

AFM Currency Update

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.

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.

Prediction: Netflix Will Soon Produce Original Content

Jeff Steele's prediction is he won't be surprised to see Netflix producing its own original content. And here is why: In the United States, Netflix already represents more than 20 percent of downstream traffic during peak times.

Oscars & Financing: “A-list” isn’t “Always-List”

What does A-List mean and what effect does it have on getting a film financed? Does winning an Oscar make you an A-List star? Depends on how you define A-List.

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.

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...

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...

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