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15 Cards in this Set
- Front
- Back
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What is the role of the indie producer?
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The Role of the indie Producer is to find and option source material, develop and package the project, secure financing, oversee production and post, and sell and assist in marking of the picture.
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Where can you find source material?
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riginal ideas and screenplays, books, graphic novels, plays, musicals, newspaper & magazines stories, toys, games, comic strips, true life events, historical events.
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What is something that raises the financing?
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Attaching talent or a director.
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How do you find the status of the rights to a book?
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contact the book publisher’s subsidiary rights department who will then put you in touch with the agent or manger of the author.
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What is a screenplay option?
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contractual agreement between a potential film producer and a writer who holds the ownership of the script.
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What does a screenplay option entail?
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The agreement details the exclusive rights, including the specified time period and financial obligations, the producer has to advance the essential elements, such as financing and/or talent, towards the creation of a film based on the screenplay.
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What is the typical option period for a screenplay?
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12-18 months
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What is the typical option period for a book?
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18-24 months
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What is the purchase price?
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1.5-3% of the proposed budget for a screenplay. Usually 2.5 for a book.
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What is contingent compensation?
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"backend" - share in the film profits with the writer/talent. Generally 5% of the producer's net profits.
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What is a studio turnaround?
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The studio has abandoned the project and the producers have about a year to set up at another studio/financing source. New studio has to pay back the development costs plus interest to the original studio and then the producers can make the film.
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What does packaging a project mean?
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Attaching a credited director or star.
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What are the big four agencies?
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CAA, WME, ICM, UTA
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What is a first look/studio deal?
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Between a production company and studio. The studio agrees to cover the overhead (office, salary) in return for a first look at any material the company is developing.
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What are film hedge funds?
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large pools of money by groups of wealthy investors. fund a slate of 10-12 films to decrease risk.
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