Financing
Filmmaking - Financing
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Cash Back: How Film Tax Incentives Work
Let’s assume you got into filmmaking because you wanted nothing to do with business school. Well, tough. Movies are the most expensive art form; even ones they call “no-budget” aren’t. You need to learn about business eventually, and in today’s world, even independent filmmakers need to understand terms like “transferable rebates,” “soft money” and “100 percent deductibility.” In fact, there’s one financing term both Hollywood and independent producers must know: “tax credits.” The studio world is continually on the lookout for states offering production rebates that will reduce the cost of their movies and TV shows, while independent producers scout […]
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In Partnership with Westridge Foundation, SFFILM Announces New Grant Program for Narrative Filmmakers
There’s long been an imbalance between grants available to fiction filmmakers as opposed to documentarians, and today SFFILM, the Bay Area-based nonprofit, has announced in partnership with the Westridge Foundation new biannual grants and other resources for narrative filmmakers based across the U.S. Four to five grants of $20,000 – $25,000 will be given each spring and fall, and applications are now open for the first cycle, which runs through February, 2018. From the press release: The SFFILM / Westridge program is designed specifically to support the screenwriting and development phases of narrative feature projects whose stories focus on the […]
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Greenslate’s John Finn Talks Rebranding and How Technology Can Revolutionize the Payroll Industry
John Finn, founder and CEO of Greenslate, remembers the good old days — and they weren’t that good. In 1995, when he first got into the independent film industry, he was a freelance production accountant, loaning himself out to productions where every penny counted. The standard practices of production accounting were daunting back then: there were seas of paperwork, year-end production company tax filings were strenuous efforts and, on set, accountants would spend entire days running around just trying to get signatures on start paperwork from producers and crew members. “I realized there was a need for financial acumen,” Finn recalls. […]
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“We’re Looking for People Who Think Weirder and Bloodier”: Eli Roth and Crypt TV Execs on Making Horror Shorts
“What we’re doing is building our own Marvel universe and ecosystem of characters”: Eli Roth on Horror & CryptTV at Tribeca Raise your hand if you’re trying to get a horror film made. I thought so. That’s a lot of us — myself included. It’s been a fantastic year for the genre, too, with Get Out breaking a number of records and becoming the third highest-grossing R-rated horror film of all time — and that’s behind The Exorcist and Hannibal. I was too terrified to finish either, and I saw Get Out twice (and alone) so it wins in my […]
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Do Brands’ Lives Matter? Whiskey Fist Director Gillian Wallace Horvat on When Story and Advertising Collapse
In my new short, Whiskey Fist — premiering Friday, September 10 at SXSW — the characters work in front of a sign that reads “Brands’ Lives Matter.” The font is ripped off from Ed Ruscha and the fluorescent ombre background is purloined from posters of the kind stapled to telephone poles advertising local reggae or salsa concerts. Such an insidious combination of high and low appropriation characterizes the vanguard of marketing today, that joking/not joking tone that one would find flourishing in the branding firm where Whiskey Fist takes place. Branding’s sophistication is more seductive than ever, and even more […]
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Report from Big Sky: Tips on Documentary Pitching
Given the recent Presidential threats to refugees and immigrants, it seemed only fitting that The New Neighbors Project: Self-Directed Stories from the New American West, which aims to put cameras in the hands of refugees and immigrants in Montana, won the inaugural pitch competition for Tribeca Film Institute’s IF/Then Pitch competition during the recent 14th annual Big Sky Documentary Film Festival in Missoula, Montana. Directed and produced by Bryan Bello, The New Neighbors Project plans to create a series of short documentaries through workshops which teach refugees media production skills so they can direct their own stories. Developed by Tribeca Film Institute (TFI), IF/Then is designed to support short […]
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Is Section 181, Film Federal Tax Incentive, “Dead” in a New Trump Administration?
Section 181, the Federal tax incentive spurring the production of film and television in the United States is about to suffer, reports David Robb at Deadline, “a quiet death” — at least for the time being. Filmmaker has covered Section 181 extensively, with Daniel J. Coplan’s article from last summer explaining in detail how the incentive benefits independent film producers and investors. In brief, it allows investors to deduct 100% of their investment against their Federal taxes in the year of the investment. That’s opposed to depreciating that investment over multiple years. For a high net work individual, that could […]
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Ten Tips for Securing “Out of the Box” Funding from DOC NYC
At a DOC NYC panel titled “Out of the Box Funding,” moderator Julia Labassiere (Chief Executive of BAFTA NY) defined the prhase as “anything besides getting a commission (for example, from HBO or National Geographic, etc.).” Marilyn Ness, producer of Cameraperson and Trapped, started the panel off by noting that there are no shortcuts to obtaining so-called “out of the box” money: “It’s a lot of work.” Here are ten tips for how to successfully bring in this type of funding. First Money: Friends, Family and Affinity Groups When you begin a new film, you have to figure out your […]
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Show Me the Money! At DOC NYC, Making Your Skills Pay as an Independent Filmmaker
You’re a filmmaker. You’ve made one or two films, maybe even more. Or maybe you’re working on your first one and trying to figure out how to build a sustainable career. For now, you’re struggling: struggling to make ends meet, to find work that utilizes your skills, to keep your head above water while also finding the time, the energy, and the resources to work on your next project. If this sounds like you, welcome to the club. You’re not alone. Producer and director Esther Robinson led a panel discussion at DOC NYC about how to sustain yourself financially, while […]
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Pioneers: First Women Filmmakers Aims to Showcase the Golden Age of Women Directors
In early 2015, Kino Lorber mounted a successful crowd-funding campaign for Pioneers of African-American Cinema. The campaign raised over $53,000, far surpassing its original $35,000 goal. Now Kino Lorber is hoping to repeat that success with its new Kickstarter campaign for their upcoming release Pioneers: First Women Filmmakers. So far, they’ve raised more than $20,000 towards the $44,000 goal. “You wouldn’t know it looking back at the last 90 years of film history, but at one time, it was not uncommon to have women behind the camera in Hollywood,” says writer-director Ileana Douglas in the campaign video (above). Presented in association with the […]
