FINANCING YOUR INDIE FILM
CATCH 22: Without NO contract and NO offer in place, it's highly unlikely any "A" list actor would ever be attached to any project. If an "A" list actor was attached to a project, the project’s producer would likely already have all his funding.
The majority of new media films are still funded through friends, relatives or a wealthy patron familiar with the director, actor or screenwriter’s work and potential. The source of the venture capital is usually willing to lose whatever money he advances and has enough in reserve so that he will not be affected by its loss. He knows that well over 95% of all independent new media digital films made lose money and cannot find distribution.
When writing a business plan for your film its wise to mention films like El Mariachi, Napoleon Dynamite, Saw, The Blair Witch Project, and My Big Fat Greek Wedding as examples of independent films that hit the box office jackpot.
READ MORE - http://www.independent.co.uk/arts-entertainment/films/features/film-studies-the-az-of-how-to-lose-money-in-hollywood-587570.html
©2009, Stanley N. Lozowski. All Rights Reserved.
Copyright 2008 Independent News and Media Limited
Labels: box office jackpot, business plan independent film, digital financing, digital funding, film budget, film financing, film funding, FINANCING INDIE FILM, new media funding, venture capital
