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Timing
PRE PRODUCTION - 4 WEEKS PRODUCTION - 5 WEEKS (5 DAY WEEKS) POST PRODUCTION - 9 WEEKS
Pre-production starts no later than 1 month from close of financing Detailed budget, schedule and waterfall projections available
ANGEL FIRE
Is based on the extraordinary circumstances faced by Cherie Lanning as she confronted brain cancer.
Total Preliminary Budget
The total all in budget to develop, produce, execute and deliver the finished film is $9.5MM USD
01. Regional Tax Incentive
The conservative net regional tax credit based on qualified spend is $1.2MM USD
02. Timing details
From the point of greenlight, the production requires 4 weeks of pre-production, 5 weeks of principal photography (5-day weeks) and 9 weeks of post production to deliver a finished product. Pre-production starts no later than 1 month from close of financing. Estimate of point at which the film enters the market and initial revenues are generated: 9 months
Details
ROI & Waterfall
Equity Investors are in First Position to recoup at a rate of 95/5 from dollar 1. Production retains 5% from dollar 1 to cover SAG residuals and additional marketing expenses. After Investors recoup 120% of principal, equity sharing ensues. Ownership is split 50/50 between Investors (on a pro rata basis) and Producers. Any 3rd party back end participants comes from the Producer’s 50%,.
