Film finance
Upcoming SlideShare
Loading in...5
×
 

Like this? Share it with your network

Share

Film finance

on

  • 2,391 views

 

Statistics

Views

Total Views
2,391
Views on SlideShare
2,035
Embed Views
356

Actions

Likes
0
Downloads
54
Comments
0

34 Embeds 356

http://samritamatharu.blogspot.com 130
http://stephjarramlcasmedia.blogspot.com 41
http://lcasmedia.blogspot.com 32
http://samritamatharu.blogspot.co.uk 27
http://mrsmithinstitutionandaudience.blogspot.com 18
http://lcasmedia.blogspot.co.uk 12
http://samritamatharu.blogspot.com.au 10
http://samritamatharu.blogspot.dk 9
http://kelger.blogspot.com 9
http://emmajolliffelcasmedia.blogspot.com 8
http://mohinibhattlcasmedia.blogspot.com 7
http://samritamatharu.blogspot.de 6
http://stephjarramlcasmedia.blogspot.co.uk 6
http://samritamatharu.blogspot.ca 4
http://mrsmithinstitutionandaudience.blogspot.co.uk 3
http://samritamatharu.blogspot.pt 3
http://samritamatharu.blogspot.in 3
http://www.lcasmedia.blogspot.com 3
http://stephjarramlcasmedia.blogspot.in 3
http://samritamatharu.blogspot.com.ar 2
http://samritamatharu.blogspot.co.at 2
http://stephjarramlcasmedia.blogspot.ca 2
http://samritamatharu.blogspot.ch 2
http://alexwilsonlcasmedia.blogspot.com 2
http://samritamatharu.blogspot.fr 2
http://samritamatharu.blogspot.com.es 2
http://samritamatharu.blogspot.com.br 1
http://samritamatharu.blogspot.kr 1
http://kelger.blogspot.co.uk 1
http://mohinibhattlcasmedia.blogspot.co.uk 1
http://emmajolliffelcasmedia.blogspot.co.uk 1
http://stephjarramlcasmedia.blogspot.com.ar 1
http://samritamatharu.blogspot.ru 1
http://www.google.com 1
More...

Accessibility

Categories

Upload Details

Uploaded via as Microsoft PowerPoint

Usage Rights

© All Rights Reserved

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Processing…
Post Comment
Edit your comment

Film finance Presentation Transcript

  • 1. Film Financing Different Ways in which films can be financed, and how to link them to your Case Studies
  • 2. Film Financing
    • The Producer (eg. Studio or Production Company) must secure funding for the Production of the film before filming
    • The problem with this is that it is hard to predict how much (if any) money a film will make
    • Furthermore, there are various legal and procedural problems in securing rights to a film property – it’s a complicated business!
  • 3. Government Grants
    • Grants are some provided by Government Schemes designed to encourage Creativity and develop new talent
    • A Film Production can benefit a Country in a number of ways:
    • Employment Opportunities
    • Development of National Culture
    • Advertising a Location to an International Audience
  • 4. Government Grants
    • The UK Film Council offers subsidies to filmmakers in the UK meeting certain criteria
    • The National Lottery also offers subsidies and Grants to UK-based filmmakers
    • The Escapist (2007), Parallel Films was funded by the UK Film Council, National Lottery and Irish Film Council
  • 5. Tax Schemes
    • As mentioned before, there are benefits to a Country in having a Major Film Release shot on their shores
    • The UK introduced the Producer’s Tax Credit in 2007 to help entice Film Producers to the UK
    • The Producer’s Tax Credit offers a direct Cash Subsidy to Producers choosing to shoot in the UK
    • This has helped to bring large-scale productions like The Dark Knight (2008) to the UK
  • 6. Tax Shelters
    • Tax Shelters in the UK allow those who invest in UK Films to pay less Tax, provided the film is shot in Britain and employs a fair proportion of British Actors and Crew
    • As a result of this, many American Films choose to shoot at British Studios such as Pinewood and Shepperton
    • This also helped to attract large-scale US productions to the UK
    • The UK Tax Shelter for Film Investment was discontinued in 2007
  • 7. Pre-Sales
    • Pre-Sales involves the Producer selling the right to distribute the film before it is made – this is the most common method of Film Financing
    • In order to secure their investment, Distributors (usually Major studios like Universal) will expect certain elements that are likely to guarantee success
    • These may include ‘Marquee’ names (Stars) or some kind of change to a film to make it more Commercially Tenable
    • If a ‘Star’ leaves the film for any reason, this would often result in the funding for a film being pulled, as with Terry Gilliam’s The Man Who Killed Don Quixote (2002)
  • 8. Pre-Sales
    • Pre-Sales are usually done by territory ; e.g. Europe, Australia, etc.
    • Pre-Sales can also be made of DVD or TV Distribution Rights
    • This is especially likely to be the case if the Movie Studio distributing the film is part of the same Conglomerate as a TV Station
    • This is an example of Horizontal Integration
  • 9. Working Title Films
    • Tim Bevan and Eric Fellner (Working Title Co-Chairmen) have said for a long part of their history ‘90% of the time [was] spent trying to secure financing’
    • Working Title Films funds their films primarily through Pre-Sales , which is made much easier as they are part of the same Conglomerate as their distributor, Universal Pictures
  • 10. Working Title Films
    • Working Title Films are also able to secure Pre-Sales because their films contain many ‘Commercially Sound’ elements:
    • Popular, Mainstream Genres (Rom-Com)
    • Big-Name Stars (Hugh Grant, Julia Roberts)
    • Brand-Name Recognition
    • They are also increasingly known as ‘Prestige’ Filmmakers, with films such as Atonement (2007)
  • 11. Warp Films
    • A small, independent Company such as Warp Films cannot offer secure returns on any large investments, as they do not make films featuring ‘Marquee’ names
    • As a result, they are likely to secure funding from sources like the UK Film Council or the National Lottery
  • 12. Warp Films
    • This lack of funding may mean that such companies can only make films in ‘low-budget Genres’ such as Social Realism, as they cannot afford the effects and costs of Genres such as Sci-Fi
    • However, this is not necessarily a limitation – low-budget films of this kind are often seen as more ‘artistically pure’ and are perhaps more likely to receive Critical Acclaim