So... we have a weird situation. We're pitching for production money and doing OK. We're the only people our funding source is talking to about a short, feature and series so if they pull the trigger, it's us or nothing.
Specifically, we're raising money for a short to demonstrate we can do what we say we can do. If that goes well, there should be follow-up money for the feature and then enough funding for additional features and series. This means if we can get funding, we'll be shooting a feature with an extremely strong possibility of very limited cinematic distribution in a mainstream cinema chain. We will certainly have local talent (I mean a recognisable, local UK 'name' actor) in a small part and if we are lucky, more recognisable talent.
Now here's the weird bit... We don't need to make a profit on this funding source. The funding source does not want to make their money back from this (think tax planning so they have to make a loss). So if we generate enough money for a movie, we may be in a position to bring on extra financing through a producer and allocate a healthy chunk of profits to that source. i.e. our primary funding will be enough to make the movie (if we can raise it) and then we can add secondary funding on top of this.
However, I've never hunted around for a low-budget producer before. Anyone experienced in this? Has anyone sourced a decent, low-budget producer? We can't double up on tax breaks (because of the financing structure) but there is profit potential based on our analysis and plan.
Specifically, we're raising money for a short to demonstrate we can do what we say we can do. If that goes well, there should be follow-up money for the feature and then enough funding for additional features and series. This means if we can get funding, we'll be shooting a feature with an extremely strong possibility of very limited cinematic distribution in a mainstream cinema chain. We will certainly have local talent (I mean a recognisable, local UK 'name' actor) in a small part and if we are lucky, more recognisable talent.
Now here's the weird bit... We don't need to make a profit on this funding source. The funding source does not want to make their money back from this (think tax planning so they have to make a loss). So if we generate enough money for a movie, we may be in a position to bring on extra financing through a producer and allocate a healthy chunk of profits to that source. i.e. our primary funding will be enough to make the movie (if we can raise it) and then we can add secondary funding on top of this.
However, I've never hunted around for a low-budget producer before. Anyone experienced in this? Has anyone sourced a decent, low-budget producer? We can't double up on tax breaks (because of the financing structure) but there is profit potential based on our analysis and plan.
