based on how everything was described to me, I'm pretty sure the producer could have paid his crew. The dude had a freaking 1 ton grip truck!
I rented a one ton grip truck for three weeks for $900. If I had
paid my crew of 14 working 18 12 hour days even $2 per hour
that would have been just over $6,000. If I had paid them $200
per week that would have been $8,400. I could afford the grip
trick and I could afford the $3,500 meals and craft service costs.
But I couldn't afford to pay my crew.
But he took advantage of people eager to build their reel. And not one of them is under contract to get any kind of deferred pay. That is the kind of person this video is directed at, not the honest artists like you and I.
I “took advantage” of the crew all eager to build their resume.
The movie cost me and my partner $12,000 total. We made
just $26,000 - a profit of $14,000.
Over a seven year period. About $2,000 per year.
If we had offered deferred pay of even $2 per hour for each of
the 14 crew and 8 cast we would have written 22 checks every
quarter for $19. If we had offered deferred pay of $100 per day
that would be $40,000 in deferments. If my partner took took
ONLY the money we invested and returned ALL the “profit” in
deferments our first quarter payment would have been $1,425
or $64 per person. We were making only $500 per quarter in
profit. So we would have paid out $22 each per quarter for 28
quarters and still owed them $26,000.
That's why I don't offer deferred pay. It costs me more in time
to write 22 $19 or $22 checks per quarter than it's worth. And
seriously, is getting a $22 check once every four months really
what people are thinking about when it comes to "deferred" pay?