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
FREEDOM CODE
“We must be free not because we claim freedom, but because we practice it.”
- William Faulkner
Total Preliminary Budget
The total all in budget to develop, produce, execute and deliver the finished film is $7.1MM USD
01. Regional Tax Incentive
The conservative net regional tax credit based on qualified spend is $800k 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
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%,.