Posts Tagged ‘Film Financing Business’

MoviePartners.com brings together producers, entrepreneurs, film investors, and screenwriters to develop higher-quality, more influential, and more profitable film and commercial projects. Over the last 15 years it has been its goal to become the filmmaker's information services hub. They are in the process of revitalizing themselves and, by extension, the filmmaking community at large. MoviePartners was founded in 1996 and created an award-winning filmmaker's entertainment services community. They now provide location scouting, film crew lists, talent directories, etc., to that community. Its aim is to solidify a resource pool for those in pre-production to final cut. The phrase “it's not what you know but who you know” is being rewritten here. MoviePartners is now spreading its influence in the commercial development arena with innovative, less expensive approaches to quality filmmaking. Through the cooperation of its supporters, vendors, and founding members alike, they are setting new industry standards for high-quality production and low production cost. From the earliest days of the Internet, MoviePartners assembled the contacts, experiences, and resources necessary to help its members succeed. Today will be nothing short of relentless towards completion of your specific project needs, start to finish. In 2008, they redesigned and rebuilt the entire technology infrastructure of MoviePartners to better accommodate filmmakers and investors alike. They now offer services for the 21st Century, making it even easier to access and use the information they provide. They have a comprehensive refresh plan for all of their sites in the upcoming ...

  Film Finances was founded in 1950 for the purpose of giving guarantees of completion to financiers of motion pictures. At the time, producers of motion pictures were finding it increasingly difficult to borrow money from banks because the producers could not show how budget overages, if any, could be met. The original founders of the company were film producers who had learned that mortgaging all they owned against potential budget overages was not a sound proposition. Film Finances was therefore formed to provide financiers with a service that gave them the assurance that the film would be delivered on time and that the over budget costs would not be the financier's responsibility. FFI has given completion guarantees to all the leading banks involved in the entertainment industry, as well as all the major studios and distributors of motion pictures. FFI has now guaranteed the completion and delivery of approximately 6,000 Feature Films, Television Series, Movies of the Week, Films on Tape, Documentaries and CD-ROM Productions shot in all parts of the world.   Production Evaluation As soon as an inquiry is made for them to issue a guarantee, they request the script, the shooting schedule and the budget.They prefer that all three documents have already been approved by the financiers and distributors of the picture. Documents are carefully examined to be sure on feasibility. When a positive decision is made, a "letter of intent" is issued by them confirming that they are prepared ...

As paradoxical and absurd as it sounds, it's cheaper for a Hollywood studio to make a big-budget action movie than to make a shoestring art film like Sideways. Consider Paramount's 2001 action flick Lara Croft Tomb Raider On paper, Tomb Raider's budget was $94 million. In fact, the entire movie cost Paramount less than $7 million. How did the studio collect over $87 million before cameras started rolling? Loopholes in Germany's tax code are responsible for a good portion of Paramount's profits—an estimated $70 million to $90 million in 2003 alone. Best of all, there's no risk or cost for the studio (other than legal fees). Here's how it works: Germany allows investors in German-owned film ventures to take an immediate tax deduction on their film investments, even if the film they're investing in has not yet gone into production. If a German wants to defer a tax bill to a more convenient time, a good way to do it is by investing in a future movie. The beauty of the German laws as far as Hollywood is concerned is that, unlike the tax laws in other countries, they don't require that films be shot locally or employ local personnel. German law simply requires that the film be produced by a German company that owns its copyright and shares in its future profits. This requisite presents no obstacle for studio lawyers. Advertisement The Hollywood studio starts by arranging on paper to sell the ...

NRW.GermanFilmFinance.com is a joint undertaking of the Minister for the Media from North Rhine Westphalia (NRW) and the consulting company rmc rinkemeiden consult. The project aims to support national and international film makers in the acquisition of production financing and to encourage them to take advantage of NRW as a media location. By combining national and regional financing components, it is possible to finance up to 65% of the entire film project budget Compared to the total production budget, the highest level of financial assistance is available for production budgets from one to ten million euros. For higher budgets, higher absolute amounts of financing are certainly available, but the highest proportion of overall budget is available for the one-to-ten-million-euro range.   Their Film Finance Calculator represents a straightforward, anonymous and convenient way to calculate the amount of financing you would receive if your film (or portions of your film) were to be produced in NRW.   Just visit NRW.GermanFilmFinance.com for precisely linked important financing partners. At all times, you have access to the individual companies’ websites and contact details for all of your film project needs.   At NRW.GermanFilmFinance.com you will get to know more about their Premium Partners, and can view a comprehensive presentation of potential partners, be it for financing, production, technical or service requirements. Source- http://nrw.germanfilmfinance.com

New Means of Financing "Old media companies like Viacom might be less relevant to stars like Cruise. They are no longer the only vehicle for movie production. Hedge fund–backed production companies can hire sets by the day, arrange their own publicity and distribution, and finance all of their other needs by attracting the moneymen directly." "The film industry is one of the toughest and most competitive industries in the world. It and many other industries that are provided services by CPAs and other professionals are   finding new funding sources in order to remain competitive. Hedge funds might be the rising power in the financial and corporate worlds. They are of critical importance to the practice of many members in public practice and in industry." Source

"Aramid is expected to raise well above the £150 million originally targeted by the end of this year, as hedge fund interest in film financing picks up speed in Britain."  "The Cayman Islands-incorporated fund provides bridge and mezzanine financing, as well as highly specialised discounting of tax incentives for film makers. It has attracted interest from hedge funds because of the strong track record of its management team." "Experts say that hedge funds are increasingly interested in asset-backed lending, such as film and television financing, because it offers an opportunity to diversify their investments. They also hope that blockbuster movies will provide returns exceeding those available in the traditional financial markets."  "Hedge fund involvement in the American film industry has heated up in recent years as studios spread their risk by bringing in outside funding. Hedge funds are thought to have provided at least $6 billion in finance to the big Hollywood studios in recent years." Source