False Representation vs. Breach of Contract in Film Financing – Who Wins?
Investment in film has the potential for high reward but is always combined with high risk. Little or no collateral, lack of liquidity, changing consumer demand, market competition and over zealous promises made by the filmmakers all contribute to the risk factor. Investors must rely on strong market analysis, distribution pre-sales and the integrity of the filmmakers who are making the proclamations in the prospectus. If any one of these elements is fraudulent, that can mean disaster for the investor and potential violation of contract elements.
ABC’s of International Pre-Sales
A common financing vehicle for independent films is “Pre-Sales.” The phrase is often thrown around among producers and distributors in every day conversation. However, as more and more content creators are getting involved in bringing script to screen, everyone is trying to understand how this prominent financing tool actually functions.
The Draw of the Entertainment Industry: What Inspires New Investors to Enter the Fray?
The entertainment industry is one that requires a tremendous amount of passion, patience and an enormous amount of luck. Thousands of projects are developed each year and only a handful get made and distributed. What continues to draw successful people from other industries into the film business? What drives them? What is their approach to success?
Writers, Producers, Directors — The DEAL
In addition to film financing, the writer, producer and director deals are a major factor in getting films produced – each deal differs depending on the experience and clout of the players involved. These deals will in turn have a huge impact on back end money that may or may not be available for the producer.
The Entertainment Industry – Points to Evaluate When Considering a Case
It all begins with an idea.