Showing posts with label movie financing. Show all posts
Showing posts with label movie financing. Show all posts

Tuesday, July 06, 2010

Darling Nikki Finke Talks Studio Accounting

And it doesn't look good...

"Net profit deals are still a sucker's bet. I was slipped a net profit statement (below) for Harry Potter and The Order of the Phoenix, the 2007 Warner Bros sequel. Though the film grossed $938.2 million worldwide, the accounting statement below conveys that the film is still over $167 million in the red:"


































There has to be a better way....discuss. 

Sunday, August 02, 2009

Filmmakers Adopting the Pulp Methods

Mike Curtis over at HD for Indies recently attended the DGA Digital Day Conference 2009 and took some great notes. Especially regarding new distribution methods and ways for indies to maximize the audience.

The Takeaway is:

Yes, distribution is work, and you have to focus a great portion of your resources towards it before, during and after the moviemaking process. The speaker at the conference Peter Broderick had some great points. I will be pulling these out bit by bit over the course of the week and going through them.

Yes, people are out there making movies in new ways. Cheaper ways. Innovative ways. And they are distributing themselves in the same cheap innovative ways.

They are doing it the pulp way.


Thursday, April 23, 2009

New Media Stuff to Dissect...

G. I. Joe Resolute: look at the release plan for this one. Holding off on the last chapter until it premieres on Adult Swim.

Felicia Day makes $2.20 per DVD for THE GUILD. (She doesn't. Especially not with that boring key art.)

ANGEL OF DEATH viewer numbers. (= the win)

Blake Snyder's stumping for High Concept. (as he should)

Social Nets and web video are changing our behavior (and DNA. No, really)

Movie makers appeal to crowd for money. (Q: what if guys with...oh say, an actual track record and audience got hold of this model?)

Monday, November 24, 2008

I Think I Just Found a Way to Finance My Next Project...

ZunaVision allows you to place ads all over the place in your video -- just like in real life.



Now imagine a scene like below (not very good video, but it suffices) but with your ads in place of all the billboards and other signage:



Or perhaps something like this:



But all of those ads are yours....

The world of BLADE RUNNER is a click away.

Tuesday, November 11, 2008

Still at AFM...

Slugging it out on this last day before it's all packed up and gone.

Traffic is light and sellers are uneasy (not quite worried, they understand current economics). Attended the "International Film Financing in a Weak Dollar Economy" seminar sponsored by the PGA and the WGA sponsored "The Internet: Where Commerce meets Entertainment."

Let's just say that people all over the world are understanding the pulp economic theory.

There are folks here I wouldn't let onto my front lawn much less a posh hotel lobby - but there they are... selling, pitching, trying to let everyone know how creative they are by dressing funny and not bathing (not joking). And as much as I despise these hangers-on whose projects no one in their right minds would ever finance in a million years - these are my people.

I went by the MAGNOLIA PICTURES suite and managed to get myself a screener of NOT QUITE HOLLYWOOD along with a collector's book of the movie and a t-shirt. Swag!

I will review this along with SPLINTER sometime soon. (To be truthful, I should have had the SPLINTER review out much earlier but life intruded). Let's just say that both movies are the awesome and should be on your shelves, in your computers or your DVRs.

Saw Jeff O'Brien & Brett Kelly's movie PREY FOR THE BEAST.

Friday, October 31, 2008

Indie Film Financing Now Follows Pulp Formula

From Today's Variety commenting on the upcoming American Film Market:

Banks are also becoming more selective in the projects they take on. Comedies, action, horror and thrillers are easier to finance, but dramas require the involvement of major actors. "All those themes that used to dominate the independent space -- death, suicide, social causes, women's issues -- are tough to get financed. I can't get the presales or have the confidence to cover my gaps," Hutkin says.

Well, duh.

And that's not to say that these dramas are bad films. It's saying that dramas are a much smaller audience than the average moviegoer demographic. If a movie has a huge budget it NEEDS a huge audience. Dramas traditionally don't deliver those numbers.

Answer - make these dramas inexpensively. Make it to fit the audience and their needs and don't try to shoe horn it into mainstream audience wants and needs.

To take this further: One of the largest publishers in the world of romantic fiction (what some have termed "Women's fiction") is Harlequin. They publish many volumes of affordable romance novels every month, and they have even branched out into online romance fiction.

In other words: They make them cheap, relevant to the audience, and in bulk. They don't put all of their financing eggs in one basket, on one book, nor even on just one romantic theme (click the list of their imprints on their web page). They see lots of little niches and inexpensively come in and fill them.

Now imagine applying that strategy to indie movies and TV. Instead of these bloated $100 million indie dramas about sharecroppers in the 1930's, you would get more intimate movies that cost $10M. Because seriously, the cost to shoot a field crop with a camera costs the same whether it's a $100M or a $10M film. You could send two guys out with a camera or you could send ten, and that little image inside the frame would look the same...

And that is all that counts.

This economic downturn is the reality check the Hollywood system has needed. Anyone can make a watchable film at a $100M budget... it takes a genius to produce one for next to nothing. That's when you know whether or not the writer, director, DP and actors (as well as the crew) have the chops and the drive to really entertain you. The $100M film has such a steep hill to climb to make money it's almost a losing proposition from the start - especially so for movies with niche appeal. If it fails, people are out of jobs. The doors close.

But if you make that niche movie for next to nothing and it fails? Well then banks and other lenders don't go out of business. People move on to the next one...and maybe if you're good enough they'll take a chance on you and finance your project.