Monday, June 13, 2011

INDIE FILM FINANCE MODEL V2011.1: THE TEN FACTORS


Yesterday I went into some of the factors determining how the Model for IndieFilmFinanceV2011.1 may be set.  If you were taking notes you probably recognized that these are the factors, but I thought it was worth jotting them down for our cheat sheets:
  1. Price point / negative cost below $5M;
  2. “Estimated” Foreign Value at 80% or higher  of negative costs;
  3. Track record of collaborators in US Acquisition market to project 25% of negative costs;
  4. Utilization of Soft Money/Tax Benefits as revenue — not enhancement;
  5. Manufacture desire: inject freshness & an ability to cut through the noise;
  6. Predetermined & Accessible Audience;
  7. Aura Of Inevitability= Polished Script+Show Reel or Look Book + _________?
  8. Urgency of the deal;
  9. Something old (proven genre)
  10. Something new (fresh scent).
What does this all add up to?  Is there a formula we can use?  I think so. Why don’t we just get to that tomorrow?

-----------------------------------------------------------------------------------
"The play's the thing wherein I'll catch the conscience of the king."

2 comments:

Tribe said...

In this information age, is there such a thing as a single "model" anyone could follow to ensure success?
I keep hearing "make it good," though there are many examples of fabulous films that don't get seen. And others, less so, that catch a viral wave and ride it on to their investor's glee.
It seems that paying attention to foreign distribution, keeping costs low and making a film that doesn't look like it should have been made for more money really helps. But can anyone say there is some combination of factors that amounts to a silver bullet? I am wary of anything so prescriptive.
It's too subjective a product we're producing, no?

Anonymous said...

That's funny. I was thinking almost the same thing, "What if one did the exact opposite from each of these 10 factors?"