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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
Vertical shot of old slave dwellings backdropped by autumn trees near Carnton Plantation, Tennessee
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

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%,.

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