Film Financiers Look For Projects With All Elements In Place
In today’s challenging film finance market investors and financiers have a wide selection of projects to choose from. Invariably they look for ones with all the elements in place that would lead them to choose to invest in a particular film. These elements include an outstanding script, cast, team, finance plan and film budget which must all be first rate.
Fundamentally, a film must have an amazing screenplay. There is no question that a great film can only be made from a great screenplay. There is no fixing this in post.
Secondly, financiers look for an outstanding and marketable cast. The cast must be well known, drivers of international sales, with a known value to the world market for theatrical feature films.
Then there is the team. A solid team of experienced individuals, or at least one or two knowledgeable producers onboard who know the ins and outs of production is a critical factor. In order to invest their money to fund a film budget financiers want to know capable people are managing the movie production and can deliver, on budget and on schedule.
All of these elements are presented to the capital source, the financiers, investors, distributors, foreign sales company, agents and others. This presentation is expected to be top notch and reflective of the filmmaker’s understanding of the market, the production and the priority given to responsibility for results.
The Film Finance Business Plan & the Film Budget & Schedule Package
This presentation is the Film Finance Business Plan and the Film Budget & Schedule Package. Extremely important to qualified investors and the above money sources is the detailed and accurate nature of these documents. They are the determinant factor for the team and the project in its value as an investment along with all the other factors. Filmmakers should never skimp on these elements as they only get one shot most often with a source of backing for the movie.
Hire an experienced and knowledgeable line producer and executive producer to create your film budget and your movie finance plan. This work and these documents are a reflection on the filmmakers and the strength of the overall package.
Jack Binder is an executive producer, producer, line producer and Directors Guild of America Unit Production Manager (DGA UPM) with over 25 years experience as an “on the lot” major studio and independent film producer. Binder formed FILMBUDGET.COM to provide fellow filmmakers the tools to obtain financing with accurate, proven, real film budget and schedule packages. He likewise creates custom, detailed Film Finance Business Plans which are used to finance his and clients productions and convey the true nature of the production, team and potential return to investors.