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Timing
PRE PRODUCTION - 4 WEEKS PRODUCTION - 4 WEEKS (5 DAY WEEKS) POST PRODUCTION - 8 WEEKS
Pre-production starts no later than 1 month from close of financing Detailed budget, schedule and waterfall projections available
SUNUMA
“Bucket-list” producer credits, tickets to the premiere, and production updates
Total Preliminary Budget
The total all in budget to develop, produce, execute and deliver the finished film is $1.5MM USD
01. Regional Tax Incentive
The conservative net regional tax credit based on shooting 60% in S. Africa is estimated at $630,000.
This brings us to a net budget of a approximately $2.3 million.
02. Timing details
From the point of greenlight, the production requires 4 weeks of pre-production, 4 weeks of principal photography and 8 weeks of post production to deliver a finished product. Estimate of point at which the film enters the market and initial revenues are generated: 9 months; (planned principal photography start: late 2024).
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%.
