Glossary Of Terms

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AAMPTU

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The Alberta Association of Motion Picture Technicians Unions

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Above the Line

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Costs associated with salaries

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Allocation

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The assigning of sums of money to specific line items within a budget

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AMPIA

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Alberta Media Production Industry Association

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Ancillary Markets

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Revenue sources deriving from a production, but not directly related to its exhibition or broadcast

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Archiving

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Copying a show of its elements for safe keeping over long periods

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Bankable

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A project which financiers are prepared to provide capital for. It is an appealing project which exhibits low risk and high return.

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Below the Line

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Costs associated with hourly crew rates, or materials and services.

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Broadcast Letter

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A legal commitment from a broadcaster committing them to airing a finished product.

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Budget

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The detailed financial breakdown of a production

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Budget Contingency

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Money in the budget put aside for anything else that exceeds the total budget (Safeguard funds).

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Budget to Production

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Financing is already in place. Money is no object.

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Budget Top Sheet

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One page summary of budget sub-totals, arranged by major categories. Ie, Producer/Actor fees, Equipment Rentals, etc.

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Bumper(s)

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Clips used from a future program for promotional sound bites. "In next week's episode.."

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Buzz

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The excitement or word on the street surrounding a certain project or person.

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Cash Flow (Projection)

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Money out, Money In.

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C.A.V.C.O Certification

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Canadian Audio Visual Certification Office - Administration which assesses content on whether it is purely Canadian.

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Company

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A legal entity that is separate from the shareholders. ie: Single proprietorships, Limited Liability Company (LLC), Incorporation.

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Completion Guarantor

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Investor or financial institution that guarantees the production will be completed on time.

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Co-Production

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A production that's is made possible by two or more entities joining forces.

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Copyright

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Legal protection for any intellectual property.

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Core Values

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A set of standards corporations or individuals adhere to.

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Core Audience

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Demographic most likely to watch your production. Also referred to as: "Niche Audience".

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Cost Report

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A weekly report submitted to PM comparing actual expenditures for special parts of the show.

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Crowdsourcing

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Acquiring funding through Internet solicitation.

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Deal Memo

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Actual employment contract for anyone working on a production.

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Deeming

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Making an exception of the rules for convenience of a specific production.

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Deliverables

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Specifications set out by the purchaser. ie: Aspect Ratio, Frame Rate, Format, Sound Channel Separation, Black and White, Etc.

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Demographic

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Particular segment within a population defined by characteristics.

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Derivative Work

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Spinoff, often, but not always. Another medium from an original artistic work.

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Distribution Agreement

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Contract between the distributor and the production company, in which, the distributor agrees to promote a production in a given territory for a certain period.

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Distributor

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An agent which ensures your finished production will make delivered to various screening venues.

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Domestic Market

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Local market, referring to one nation.

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Domestic Product

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A product created entirely in your and by countrymen/women. 100% Canadian

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Draw Downs

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Large blocks of money taken from the entire budget and incrementally used to pay bills and services.

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The New 50:50 Rule

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Half your budget goes to Production, and the other half goes to Advertising.

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3 Stages of Publicity

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1. Unit

2. Launch

3. Corporate

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Property

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An original story idea written down in synopsis, draft script, treatment form.

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Screenwriters Agreement

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How much will be paid

When script is delivered

Screen credit to be given

Right sharing provisions

Right of revisions

Right of first refusal

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Chain of Title

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Proof that you own a intellectual property

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Public Domain

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A property to which the rights expired 50 years ago (CAN) or 70 years in USA.

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Optioning Rights

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Rented the right to develop property in a given window of time.

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Buying Rights

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Gives you full rights to develop the property. Comes at a higher price.

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Target Audience

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The demographics that identify the folks who are more likely to buy tickets.

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Return on Investment

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Efficiency of your investment. The percentage which you get back.

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Indicia

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Logo, watermark, Latin for "sign".

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Intellectual Property

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Non physical asset that is of creative effort.

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Monetizing

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Act of making your production make money back and potentially turn a profit.

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Piracy

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Unauthorized reproduction of copyright materials. Studios lose BILLIONS of revenue every year to this.

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Platform

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Delivery vehicle for program material. ie: video games, phone apps, etc.

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Pre Sale

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Distributor or Broadcaster committing to buy or lease the finished product prior to shooting.

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Recoupment

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Repayment to investors of any capital money, plus share of profit.

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Errors & Omissions

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Insurance protecting producers, studios, contractors against mistakes they may make.