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13 Cards in this Set
- Front
- Back
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IDIOM
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An idiom is a combination of words that has a figurative meaning owing to its common usage. An idiom’s figurative meaning is separate from the literal meaning. There are thousands of idioms and the occur frequently in all languages.
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TURNAROUND
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The minimum union required rest period between wrap on one shooting day and call on the next day.
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Equity
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capital that entitles the investors to an interest in the company.
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SENIOR DEBT
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in the event of a default the senior debt is repaid first.
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SUBORDINATED DEBT
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debt which is repaid after the senior debt.
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SEED MONEY
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funds used to start out.
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Questions you have to answer re: financing: (4 of them)
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1. How much $$$ do you need?
2. How are you going to pay back the loan or investment? 3. Will the investor ever see any profit? 4. How will investors be protected? |
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Forms of business financing: Your decision will be based on:
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1. $$$ needed
2. Risk acceptable 3. Tax implications |
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CORPORATIONS*
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A corporation is a statutory entity created and regulated by state law
A corporation has its own legal identity separate from any of the people who own/ control/manage/operate it A corporation is a “legal person” and is a separate taxable entity |
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S-CORPORATIONS
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permit a corporation to retain the limited partnership advantage of flow-thru tax treatment
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JOINT VENTURES*
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A specialized type of general partnership created for a limited purpose
Can be formed between individuals and corps Each partner can individually perform any service necessary to conduct business Each partner is personally liable for the debts & taxes of the venture All partners share in profits and losses equally unless something else is agreed to beforehand |
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PRE-SALES
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Refers to funding a film’s production costs through the granting of a license for film rights by a producer to a distributor in a particular media or territory prior to the completion of the film.
Presale agmts may take the form of funds, guarantees, or commitments that may obtain or be used to obtain funds. |
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TERRITORY
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A physical location, aka
the subdivided piece of the world where media might be licensed |
