Major Hollywood Studio, Independent, HBO, Film Producer, Executive Producer, Line Producer, DGA UPM & Film Finance Executive FilmBudget.com Founder Jack Binder

Major Hollywood Studio, Independent, HBO Producer, Executive Producer, Line Producer, DGA UPM & Film Finance Executive, FilmBudget.com Founder Jack Binder

I began my career producing comedy concerts in Detroit with my brother, then stand-up comedian and now successful Writer/Director of feature films and television, Mike Binder. Following a slew of successful comedy concerts around Michigan, we raised financing to film the concert at the Fisher Theater in Detroit and eventually sold it to HBO with the help of comedian George Carlin.

Moving to Los Angeles, I started from the bottom and worked my way up on several HBO shows including “Robin Williams Live at The Met”, “It’s Garry Shandling’s Show” and “Not Necessarily the News”.

I went to work on ‘Coupe de Ville’ as PA and then Assistant UPM which Mike wrote and was directed by Joe Roth (former Chairman of Twentieth Century Fox & Disney.)

Answering an ad in Variety I became the Assistant to Academy Award Oscar Winning Producer Michael Phillips (‘The Sting’, ‘Taxi Driver’, ‘Close Encounters of the Third Kind’) rising to Vice President of Creative Affairs for his production company while producing feature films for the film arm of HBO.

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Setting off into independent production I joined back with my brother Mike again Co-Producing ‘Crossing the Bridge’ (Josh Charles, Jason Gedrick, Stephen Baldwin) which was picked-up by Disney’s Touchstone Pictures. There we scored an On-the-Lot deal, engaged to Produce and Mike to direct ‘Indian Summer’ starring Alan Arkin, Diane Lane, Kevin Pollak, Julie Warner, Elizabeth Perkins and Bill Paxton.

Damon Wayans contacted us to make ‘Blankman’ and we moved over to Columbia Pictures to make that film with a $30 million film budget and substantial vfx for the time. (The animated opening title sequence was something we were really happy with – a throwback to the ‘Batman’ tv series opening.) This began a long relationship with Columbia Pictures and Sony Pictures Entertainment.

Following this stage in our career we launched back into the indie film world, raising film finance to fund the comedy film ‘The Sex Monster’ (Mariel Hemingway, Mike Binder), ‘Londinium’ (Colin Firth, Stephen Fry), ‘The Search for John Gissing’ (Alan Rickman, Alan Corduner, Juliet Stevenson). These were all shot in London and began a long term relationship with British film, England and London filmmaking.

Partial Cast of Films Produced by Jack Binder, FilmBudget.com Founder

Partial Cast of Films Produced by Jack Binder, FilmBudget.com Founder

I then Produced and Mike created, wrote and directed ‘The Mind of the Married Man’ (Mike Binder, Sonya Walger, Kate Walsh, Jake Webber, Taylor Nichols) for HBO which ran for two seasons (they balked and then wished to make a third season but we were off back into feature film.)

This lead to our raising film financing for ‘Man About Town’ (Ben Affleck, John Cleese, Rebecca Romijn) and ‘The Upside of Anger’ (Kevin Costner, Joan Allen, Kerri Russell, Even Rachel Wood, Erica Christensen) which New Line Cinema picked-up.

Returning to Sony / Columbia Pictures I Produced ‘Reign Over Me’ starring Adam Sandler in a dramatic role, Don Cheadle, Liv Tyler and Donald Sutherland. The film shot in New York and Los Angeles.

Following this I helped write the Michigan Film Tax Incentive with the Governor of Michigan and the Legislature. I created Michigan Film Production Company and brought films from around the world and the country to shoot in Michigan until the current Governor shut down the program which launched thousands of film careers and the revitalized the industry in Michigan, making the state one of the leaders in US filmmaking for a short period.

Moving on I Executive Produced ‘Tomorrow’ with Martin Scorsese which is in post-production. I continue producing films worldwide with several movies in finance and casting stages at this writing.

I am currently Producing ‘Dionne’ – the story of Dionne Warwick during her period as the voice of Burt Bacharach and Hal David.

I founded FilmBudget.com in the late 90s to assist fellow filmmakers in obtaining film finance by creating a real, accurate film budget and Film Finance Plans to help make my colleagues investor ready. After seeing so many productions fail at the finance level, I determined that having a quality film budget was key to getting the green light so many films require to move into production.

I created the film budget and schedule for all of my movies and have always been on budget and on schedule, working with studio executives and creatives alike to obtain the highest quality at the lowest cost. I put all of this knowledge into every budget I create. Likewise I provide film production consulting services for select filmmakers interested in my experience and expertise in film production, film tax credits, budgeting and film finance plans.

I continue to Produce and consult via my international production company Greentrees Films.

Additionally I am a film finance and production consultant for several companies and individuals, including the former Chairman of PricewaterhouseCoopers Structured Finance, Omeira Studio Partners (for which I am the Producer Strategic Partner) and Rockwood Financial for which I am a Strategic Film & Entertainment Partner.

Contact me via FilmBudget.com to obtain a quote on services for real film budgeting on your movie or tv series, special or film.

Good luck in filmmaking!

All the best,

Jack

Jack Binder

Producer

Founder of FilmBudget.com

Founder of FilmBudget.com

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Top 4 Critical Elements For Film Finance

The Top 4 Critical Elements For Film Finance

Times are changing as always in the world of film finance. Today it is just as difficult as ever, if not more so, to obtain financing for your film.

Filmmakers must be aware of the challenges and be armed with current information in order to attract funding for their movie production goals. So here are the top four critical elements required based upon realtime, real world analysis by FilmBudget.com Founder Producer Jack Binder (Reign Over Me, The Upside of Anger, The Mind of the Married Man)

An Amazing Screenplay

An amazing screenplay is fundamental to getting finance for your film. Likewise it is necessary to attracting the remaining three critical elements.

Notice I did not say “good”, or “great”. This might have sufficed in the past however in today’s market and competition for limited film finance resources your screenplay must be amazing!

Once you have established a good or great screenplay is in hand, you must run it by your most observant colleagues, friends and family to obtain honest criticism to enable you to improve the script to its utmost potential. Writing is rewriting and before you do anything else – make it Amazing!

An Outstanding Team

Investors not only look to an amazing screenplay in which to invest but they are also looking for an outstanding team. Surround yourself with established and successful filmmakers whom augment your credentials.

This includes an experienced director and producer. An experienced director is recognized as showing a track record in delivering on the writer’s vision. They are deemed competent to bring your story to the screen based upon past success.

Likewise an experienced producer is extremely important in building confidence in your film. Investors look to the producer as the manager of the production and someone who has the knowledge and understanding of the filmmaking and movie industry process.

Together these two collaborators bring a sense of comfort and reliability to your production. Again investors invest as much in a team as they do the idea, story and screenplay.

Strong Cast Attachments

Now more than ever independent film production is driven by cast. With the above elements in place the likelihood of securing top talent is formidably increased.

Finance, international (foreign) sales and distribution are fundamentally driven by the cast committed to your movie. Of course, these must be real and verifiable involvements and not wishful thinking.

The stars involved in productions Produced by Jack Binder

Some of the talented stars involved in productions Produced by Jack Binder

An Accurate and Realistic Film Budget

The fourth and perhaps most important aspect of securing film financing for your motion picture is a realistic and accurate film budget. Knowing and demonstrating your knowledge and comprehension of the costs of bringing the production to market is a basic factor in a financiers decision to fund.

Your film budget, created by an industry professional line producer or unit production manager, will speak volumes to your investors as to your appreciation of the complexities of finding the right balance in the expense of creating the product. Your budget represents a roadmap to the production for yourself and the investor.

As the industry consolidates upon viable productions, your movie budget determines your awareness of the current market value of your production. Finding the right balance of high production value for the lowest cost is the direct purview of the knowledgeable and experienced line producer engaged in budgeting your film.

In Conclusion

Combining the above four critical elements of obtaining film finance will put your movie and your production goals at the head of the line in attracting investment. Money has become much smarter over the recent years and is increasingly risk adverse.

By arming yourself with these fundamental elements you are putting you and your team in a much better position to achieve success than only having one or a few of these in order.

Contact FilmBudget.com to discuss your production, budget, development, production and finance requirements. Our services include budgeting, scheduling, consulting, film finance business plans, film tax credits analysis, creative producer and line producing services.

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The 5 Steps To Creating a Professional Film Budget for Your Movie | FilmBudget.com Worldwide

5 Steps to Creating a Professional Film Budget for Your Movie

Creating a film budget for a feature film or a television show is a time honored tradition and craft of the Line Producer or Unit Production Manager. Using extensive experience in making films over many years the process draws on skills learned during these years of production and filmmaking.

To create a film or tv budget Line Producers and Production Managers apply their knowledge and process to create a real film budget and schedule which is used by financiers, investor, banks, film tax credit authorities, foreign sales companies and distributors to evaluate and execute the vision of the screenwriter and the director in coordination with the goals of the producer.

Here are the steps undertaken in creating a professional film budget & schedule:

1. Screenplay Reading – Creative Pass

The screenplay or teleplay is read for creative value and consideration first in order to take on the story, characters, dialogue and plot of the script.

The stars involved in productions Produced by Jack Binder

The stars involved in productions Produced by Jack Binder

2. Screenplay Reading – Production Pass

A second reading is undertaken to evaluate the script from a production viewpoint. Attention is paid to the overall elements, setting and style of the work.

3. Screenplay Breakdown

The next step is a complete breakdown of the total production and creative elements in the screenplay which are required to bring the production to life. Key considerations include bringing experience to bear to determine what the budget level for the picture will fall into: big budget major studio, indie film budget, low-budget or micro budget.

Cast – What level of cast does the story and production call for? How many? Will the highest level of stars be required or a variety of talent levels.

Setting/Locations – Using the Setting as a guide, location considerations are analyzed. Are there multiple countries? Multiple cities? Are there a large amount of locations or is the screenplay contained in its requirement?

Set Dressing – Is it Period? Will it require extensive Set Dressing components or will existing decorations be utilized and sufficient to achieve the vision?

Costumes/Wardrobe: Again, Period? Large Cast and various time periods which will affect the scope and amount of wardrobe required?

Special Effects: Are there needs for extensive Practical Effects (SFX)? Stunts? Pyro-technics? Mechanical rigging?

Transportation – Are there specific Transportation requirements? Travel? Picture Vehicles? Animals? to consider?

Post Production – Is the film, movie or television series heavy in VFX and CGI? Where will post production take place?

The list goes on to include all the departments and which are required to fulfill to requirements of the production. These are a few of the many, many considerations and preliminary decisions which must be analyzed during the screenplay breakdown process.

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4. Create the Shooting Schedule

Based upon the Breakdown and the analysis of the screenplay elements a Shooting Schedule is then created. A veteran and seasoned Line Producer or Production Manager will have great experience in creating and delivering productions based upon their Shooting Schedules which they have created over the course of time and which they have consulted and executed with the First Assistant Director and Director of their films.

  • Each day is scheduled according to the scene work balance of the overall schedule.
  • Best practices and knowledge gained over years of experience guide the creation of a realistic and efficient plan for the work to be done.
  • Scene descriptions are included in the Stripboard Shooting Schedule to guide the crew.
  • Character Identifications are included to advise what Cast members are working each day

Using the above information a Cast Schedule can be created indicating the amount and which days the Cast work. Likewise Locations Schedule and all unique equipment (cranes, rigs, steadicam, etc.) days are included in the Master Shooting Schedule.

5. Creating the Film Budget

Once these processes are undertaken we are ready to commence with the actual film budgeting for the movie. With the above information in hand realistic budgets can then be created.

Knowing the scope and scale of the production will guide this step. Is it a big budget requirement, low budget or micro-budget or somewhere in between? Is this a Major Studio movie or an independent film production? These are critical factors in the creation of the budget.

Based upon the Setting and Locations envisioned for the picture then the best production center is chosen to shoot the film. The budget will consider these factors in selecting the ideal location to base the production.

Creative consideration is the top priority: can we shoot what the screenplay calls for in this particular region, country and city?

Production viability is then determined. Is there a sufficient film production crew base at this location? Will crew members need to be transported to this location? Is there adequate production support for equipment, materials and services? Hotels?, etc.

Next, finance consideration is analyzed. Assuming the best location is chosen for the creative and production value, what local film tax credit or production incentive is offered by this geographical area?

Countries worldwide offer film tax credits and incentives to film in their region. U.S. States likewise offer lucrative film tax incentives to draw production dollars and generate economic impact in their locales. Your film financier will most definitely consider and insist upon this as a key factor in choosing a location to shoot the movie or tv program.

Based upon these factors, with the right location chosen to shoot, the costs are then calculated.

What are the local crew rates?

What are the local materials and services needed and how much do they cost?

What are the costs of getting the cast and crew to the location?

All of these decisions are evaluated and the studio or indie film budget process gets down to the nitty-gritty of evaluating the costs of each element involved in the production. Cast fees, location expenses, production crew, logistics, travel, permits, etc. are included.

All productions are unique and each must be analyzed individually. The overriding goal is the create the greatest production value for the most efficient price.

Once these matters are analyzed and included based upon extensive experience the final step is to ensure inclusion of all expenses, including: Completion Bond, Insurance, Contingency, Finance Costs, Union and Guild Health & Pension costs, Cast Perks, etc. to create a realistic budget for the movie production.

While this is a summary of the work and knowledge that goes into the film budget process it is certainly not complete but should give an approximate overview of the process.

Financiers, Producers, investors, government institutions, production companies and sales companies rely on the accuracy of the work of the Line Producer or Production Manager to effectively and precisely understand and present the true cost of bringing the film to the screen. Small errors can compound to create enormous gaps in the overall financing of the film which can seriously impact the completion and delivery to distributors and therefore returns to investors.

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Contact FilmBudget.com to obtain an instant quote on your film for a professional film budget and schedule, film tax credits and production incentives analysis and Film Finance Plans for your production.

Film Budget Inc. has created hundreds of budget and schedule packages for individuals, the Major Hollywood Studios, Mini Majors and independent production companies, financiers, investors and banks in addition to all of those of our own projects.

Jack Binder is Major Studio and Indie Film Producer with over 25 years of experience and the Founder of FilmBudget.com

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Jack has served as an On-the-Lot Producer at The Walt Disney Company and Columbia Pictures (Sony Pictures Entertainment) and as the responsible Producer on productions for those Studios as well as New Line Cinema, Lionsgate Films, HBO, Sunlight Productions and many more major and independent film and tv production companies.

Binder’s international film production company is Greentrees Films

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FilmBudget.com Founder & Producer Jack Binder Producer Credits

Producer Credits for Producer Jack Binder Founder of FilmBudget.com & Greentrees Films

Producer Credits for Producer Jack Binder Founder of FilmBudget.com & Greentrees Films

Actress Keri Russell, one of the stars of the new comedic drama film "The Upside of Anger," poses as she arrives for the film''s premiere in Los Angeles, March 3, 2005. The film stars Joan Allen who plays a suburban housewife with four young adult daughters who is left to raise them on her own, but soon falls in love with a neighbor played by Kevin Costner. The film opens in Los Angeles and New York March 11. REUTERS/Fred Prouser PREMIERE

Actress Keri Russell, one of the stars of the new comedic drama film “The Upside of Anger,” poses as she arrives for the film”s premiere in Los Angeles. The film stars Joan Allen who plays a suburban housewife with four young adult daughters who is left to raise them on her own, but soon falls in love with a neighbor played by Kevin Costner. The film opens in Los Angeles and New York March 11. REUTERS/Fred Prouser PREMIERE

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Why it is Critical to Obtain a Professional Film Budget & Why Whom Creates Your Film Budget Matters As a Reflection Upon Yourself the Filmmaker & Your Team

Why it is Critical to Obtain a Professional Film Budget and Why Whom Creates Your Film Budget Matters As a Reflection Upon Yourself the Filmmaker & Your Team

Your movie budget is a reflection on you, the filmmaker and your team. A professional film budget is critical to obtaining film finance, production and distribution for your film.

In the world of film finance and movie production the figures are more significant then ever. The details and reliability of the figures created in your movie budget by a veteran line producer are critical to the success of the film you are setting out to make.

What is often not appreciated is the compounding nature of those numbers which can lead to make the financing elements largely in error.

film budget movie stars

As the basis for the funding equation which goes into the packaging of the equity, pre-sales, debt and gap financing elements to finance your film, your movie budget is enormously important in that it be accurate and all inclusive.

Likewise the quality of the line producer’s credentials, associations and experience a filmmaker chooses to engage to create their budget lends significant value to your film stature, finance plan and the funding package overall.

The importance of having a film budget and schedule created for your screenplay for potential buyers is widely known and accepted in sophisticated film finance circles. So much so, that it is the first question asked when a project is submitted: “can you send us your budget?”

FilmBudget.com is the international leader in worldwide film budget and schedule production services, and creates accurate and proven film budgets for filmmakers.

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The benefits leading to your script being picked up by someone having already been budgeted and scheduled, the advantages are numerous. For one, putting forth the effort to create a film budget and shooting schedule for your film production immediately sets your script ahead of the ones whom have not taken this key step.

Knowing the cost of producing a film is critical to obtaining financing and distribution. Being able to articulate to an interested party how much funding will be required to produce a film enables them to make multiple decisions which they would not necessarily be bothered nor able to entertain with a screenplay alone, for which one presumes they might receive literally thousands.

Additionally, this effort and resourcefullness demonstrates initiative on the part of the writer/producer/director to ascertain the fundamental fact of the film production: the cost to produce the film.

Further to this point, knowing the cost of the film production overall and where it will be shot, aids in determining what film tax incentive amount the filmmakers might expect to receive from local government institutions, funds, grants, etc. Knowing the budget of the film enables a buyer to be able anticipate what type of foreign sales (advances) they might be able to expect as well.

This all leads to potential purchasers to able to figure what amount of equity, or hard cash, will then be required on their part, or their financiers, to proceed to produce the film.

So knowing your cost of production sets you and your film apart from others submitting only a screenplay, as one which has made the effort to enable the key factors required to make an informed decision. It also conveys your commitment to getting the film made and willingness to  have an understanding of the process of filmmaking, for the budget and schedule is a roadmap to the production.

It is a reflection upon you and your team that you have undertaken to understand how the film will be made by having a professional film budget and schedule created for you by a veteran line producer, for what you will then have, a package, not just a screenplay, to present and they, to investors and financiers.

Contact FilmBudget.com to obtain an immediate quote on our services, which include a finance and camera ready film budget and schedule package, film finance plans and film tax credit analysis and production consulting.

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Top 10 Movie Grosses vs. Film Budget for Independent & Major Studio Releases 2014

FilmBudget.com compiled a report of the top ten indie film and major Hollywood studio movie grosses vs. the film budget for each listed movie released in 2014. While the film budget is not a direct correlation to the success of a movie it does provide an indicator of what the marketplace is responding to as compared to the relevant budget number.

Gross revenue figures are for domestic U.S. theatrical box office data which are current as of the date of this writing.  By using up-to-date figures the date of release is removed as a variable in the reporting of domestic theatrical revenue totals.

To create a breakdown of cost vs. revenue we looked at the widely reported expense of making the film production. P&A Marketing and release expenses are not included in the budget information provided.

Independent Film Release 2014 – Film Budget vs. U.S. Box Office Gross To Date

Indie Film Title                              Film Budget                   U.S Box Office Gross

The Grand Budapest Hotel              $31 million                            $59 million

St. Vincent                                       $13 million                            $43 million

Chef                                                 not available                         $31 million

Boyhood                                          $  4 million                            $24 million

Birdman                                           $22 million                            $24 million

The Theory of Everything                 $15 million                            $23 million

The Imitation Game                         $15 million                            $20 million

Wild                                                $38 million                            $38 million

A Most Wanted Man                       $15 million                            $17 million

Begin Again                                    $ 8 million                             $16 million

 

Major Hollywood Studio Release 2014 Movie Budget vs. Box Office Gross To Date

Movie Title                                                       Movie Budget     U.S. Box Office Gross

Guardians of the Galaxy                                       $170M                 $330M

The Hunger Games: Mocking Jay – Part 1           $125M                 $337M

Captain America: The Winter Soldier                   $170M                 $260M

The Lego Movie                                                  $  60M                 $258M

Transformers: Age of Extinction                          $210M                 $245M

Maleficent                                                           $180M                 $241M

X-Men: Days of Future Past                                $200M                 $234M

The Hobbit: Battle of the Five Armies                  $250M                 $255M

Big Hero 6                                                          $165M                 $222M

Dawn of the Planet of the Apes                          $170M                 $209M

 

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Film Budget | European Film Festival in China 2011

EUROPEAN FILM FESTIVAL IN CHINA

Europe is marketing its movies to China and apparently, the Chinese are loving it!

 

Such is the success of the annual European Union Film Festival in China that the event, which is now its fourth year, could be expecting greater numbers than ever before!  Last year, the event expanded to showcase films in three Chinese cities and according to EU Ambassador Markus Ederer, the number of moviegoers increased from 5,000 attendees in 2008 up to 13,000 in 2010.

 

What: European Union Film Festival

 

When: November 1st – 30th 2011

 

Where: Beijing and two other cities in China (TBA)

 

The film festival, organized by the Delegation of the European Union to China and supported by the Embassy of Poland,  invited all 27 EU Member States to showcase one recent, popular and successful film.

 

The organizers of the festival hope that the event will increase the appreciation of European films and culture among the Chinese, hence paving the way for the possibility of importing European movies into China in the future.

 

The films screened at this year’s festival include a diverse mix of local flavors and a wide-range of genres from comedies and dramas to documentaries. Moviegoers can view their films of choice in commercial theatres as well as in cultural institutions.

 

Among this year’s selections are some of the following European picks:

 

France – “The Piano Turner”

 

Denmark – “Aching Hearts”

 

Italy – “20 Cigarettes”

 

Portugal –  “Beauty and the Paparazzo”

 

Each film is screened in its original language with English and Chinese subtitles.

 

Meanwhile, the European Film Academy has unveiled its nominations for the 2011 European Film Awards. You can see a full list of the nominees on their official website – www.europeanfilmacademy.org

 

Winners will be announced in a December 3rd ceremony in Berlin.

 

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Film Budget | The international leader in worldwide film budgeting and scheduling production services for film finance, production incentives and film tax credits.

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Film Production in the UK – Jan to Sept 2011

 

Film Production in the UK – Jan to Sept 2011 – Report from the BFI Research and Statistics Unit – 3 November 2011

Eighty-six films achieving film budgeting levels of £500,000 or more entered into principal photography in the United Kingdom during the first quarter of 2011.  This amount of production starts represented the lowest rate in 9 years.  Of these productions:

-Twenty-three were co-productions

-Forty-seven were domestic UK features

-Sixteen were inward investment films

 

 

Undoubtedly these figures have supported and lead to Prime Minister David Cameron’s recent extension of the film tax credits program through 2015.

 

Read the full report from the British Film Institute

 

 

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Film Budget .com | American Film Market (AFM) 2011 Film Finance and International Sales Roundup

American Film Market (AFM) 2011 Round-Up

 

The 2011 American Film Market is winding down at the moment and as promised, this year’s event is proving to be quite a success!   Though film financing remains a difficult proposition, projects with the right combination of well known talent, directors and strong marketing prospects funding is on the rise in combination with lenders, equity, gap,  film tax credits, co-productions, government funding and incentives.   The market is indeed hungry for quality films to distribute with solid packages, a film budget with a reasonable recoupment potential and name talent is the constant mantra.

 

Here are a list of some the deals that were made at this year’s AFM:  (updates forthcoming as we write)

 

* IM-Global takes rights to ‘The Sister’ for Europe, Latin America

 

* Universal Pictures International Entertainment has picked up rights to Content Film’s ‘Hard Boiled Sweets’ for the UK, Australia, New Zealand, Benelux and Scandinavia

 

* Drafthouse Films has picked up crime drama ‘Bullhead’ and raucous comedy ‘Clown’, for distribution in North America

 

* Sony Pictures Worldwide Acquisitions has picked up domestic distribution rights to ‘Bel Ami’, from Protagonist Pictures. The company also picked up comedy ‘Bailout’ starring Jack Black, for multiple territories including North America, South America and Scandinavia.

 

 

 

* FiGa Films has picked up ‘The Last Christeros’ (Los ultimos cristeros) by Matias Meyer, which had its world premiere in Toronto Film Festival (link to blog on Toronto Film Festival), and ‘Machete Language’, directed by Kyzza Terrazas, which had its world premiere in Venice.

 

* FilmDistrict has acquired ‘Drive’ the Nicolas Winding Refn-directed film adaptation of James Sallis’ suspense-themed novel

 

* Sierra Pictures announced the acquisition of ‘Rampart’, a crime thriller starring Woody Harrelson. The company also picked up comedy ‘Darling Companion’, which stars Kevin Kline, Diane Keaton.

 

* Tiberius Film has picked up a trio of horror sequels – ‘Piranha 3D’, ‘Children of the Corn: Genesis’ and ‘Hellraiser: Revelations’ for the German market.

 

* Exclusive Media Group picks up international rights for ensemble drama ‘Disconnect’

 

* Lightning Entertaiment picked up 7 films including ‘Brake’, ‘Columbus Circle’ and ‘Wrath’, making their world premiere debut at the AFM. The other films are ‘Boy Wonder’, ‘Bloodwork’, ‘The Trouble with Bliss’ and ‘Scents sand Sensibility’

 

* Wild Bunch acquired the international rights to Academy-Award winner Geoffrey Fletcher’s directorial debut ‘Violet & Daisy’

 

* Los Angeles-based film production, financing and foreign-sales company Unified Pictures has entered into a three-movie deal with Vancouver-headquartered production-finance group Bron Studios

 

 

 

Announcements of major financings include:

 

* Exclusive will finance Matt Damon’s ‘Yesterday’ with Focus Features handling U.S.

 

* Endgame Entertainment announced the creation of Endgame Releasing, to provide as much as $500 million in funding for marketing and distribution of four to six wide release movies per year through major studios. One of the first movies to tap into the fund will be the movie ‘Looper’  starring Joseph Gordon-Levitt and Bruce Willis.

 

* W2 Media has come on to co-finance and distribute ”The Theatre Bizarre 2,” a sequel to Severin Films and Mataluna Prods.’ ”The Theater Bizarre” horror anthology.

 

* Green Isle Entertainment has entered into an initial $60 million dollar multiple picture financing agreement for film budgets with Allegiance Capital Corp.

 

* IM Global to finance $20 million action-drama ‘Hummingbird’.

 

These are just a few of the ‘official’ announcements. With the AFM still underway, many more similar announcements are anticipated in the coming days. With deals being made fast and furious – don’t miss your chance to catch a piece of the  action! For more information on this year’s AFM, check out the blog on filmbudget.com

 

 

Filmbudget.com is the international leader in worldwide film budget and schedule line producer film budgeting production services.  Film finance and camera ready movie budget and schedule packages.

 

American Film Market – AFM – International Distribution, Financing and Sales Market

AMERICAN FILM MARKET 2011 – Be Pro-active, Prepared & ready to Pitch!!

 

Are you an enterprising filmmaker, producer or writer with a brilliant idea looking to make the right connections in the business, obtain film financing and get your project underway?

 

Well, now may be the break you’ve been waiting for! If you don’t already know about the American Film Market, then its time to do your research and seriously think about attending this event.

 

There’s a well-known expression in the film business – its not what you know but who you know, that really counts.  It may be a common cliché but there is plenty of truth to the old saying. The problem most of us in the business encounter, however, is the ‘how’ and ‘where’ aspects of getting to meet these so-called ‘right’ people. This is precisely why forums like the American Film Market  (AFM) present such a golden opportunity.

A quick synopsis of the AFM – it is organized by the global trade association of independent film & television producers and distributors, known as the Independent Film & Television Alliance (IFTA). It is an eight-day event held in Los Angeles (from Nov 2nd -9th ) in which more than 400 films will be screened and more than 400 production/distribution companies will be exhibiting. It is an international event, with 8,000 attendees from more than 70 countries expected to attend. Furthermore organizers estimate that more than $800 million in deals will be closed this year.

 

What:  American Film Market

When: November 2-9, 2011

Where:  Loews Hotel – 1700 Ocean Avenue, Santa Monica, CA 90401

MAP

 

If that sounds enticing and you’re keen to get a piece of that estimated $800 million pie, then you’ve got be willing to pay the price for the ticket. Passes for the event start at $345 and upward.

 

Also, a word to the wise – be prepared. Like any opportunity, the AFM will be most lucrative to those who do their research and adopt a professional, business-like approach to the forum. Most importantly – do your research! This really cannot be stressed enough.  It is important to identify your goals – ask yourself, what it is you want to achieve from the AFM? Once you’ve identified what you want to get out of the forum, the next step would be develop a target list of the people you want to meet and then proceeding to scheduling the key meetings.

 

Finally, you should be aware – the AFM is not a festival. While a number of films are screened at the festival, there are no competitions and subsequently no prizes. It is essentially a coming together of a range of ‘buyers’ and ‘sellers’ in the film industry. An opportunity to network with your peers, raise money for projects and possibly even walk away with some signed contracts.

 

So be pro-active, be prepared and be ready to pitch! Keep these things in mind and you just never know what you may walk away with….

 

 

 

Get ready for the American Film Market with a film budget by Filmbudget.com – the international leader in worldwide film budgeting and scheduling production services.

Film financing, distribution, foreign sales, film tax credits and your investors require an accurate, quality film budget that is reliable and bankable.

Celebrating 25 years experience producing major studio and independent film for the international entertainment industry.

 

 

Film Budget Inc. | Filmbudget.com | Worldwide Professional Film Budgeting

Cost cutting in the film world has always been a buzz word.  However, in today’s credit strapped economy reducing the level of a film budget has become a necessity more than ever.

From large scale, tent-pole, enormous film budget productions to mid-level movie productions and of course the lower tier film budget range, the pressure from lenders, studios, production companies, investors and sales executives has increased dramatically.   Salaries have continued their downward plunge at all levels.

In addition to the financial downturn, the credit crunch and the lack of capital for movie production, the states have compounded the problem by pulling the rug out from under their growing local film industries that were beginning to gain self-sustaining momentum with the aid of film tax incentives programs which got the ball rolling.   Rather than stick with these job creating, and industry generating film tax credits, they have systematically pulled the plug on them, thereby exacerbating the film finance situation.  Fortunately, foreign governments realize the importance of supporting the entertainment (ie. culture) sector and they continue to expand their support mechanisms.

Therefore, filmmakers must do much more with much less, now more than ever before.  It is critical to have an extremely tight film budget and shooting schedule, however one with great production value built into it.  The critical eye of a seasoned line producer is required to make the tough decisions on where to cut the budget and where to enhance it.   Which departments can get by with less and which demand being saved from the axe?   A knowledgable line producer deals with these questions daily and reducing the budget is not new to them.

One such expert in the field of film budgeting is Filmbudget.com – founded by veteran major Hollywood studio and indie film producer Jack Binder (‘Reign Over Me’, ‘The Upside of Anger’, etc.)  Here is a video trailer of Jack’s producer credits: