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Showing posts with the label agreements

PRODUCTION JOURNAL: Lead Actors Should Do What Peter Coyote Recommends

Actor, Peter Coyote, has written a letter that I think should be spread far and wide. Read it in full here . My favorite part* is the recommendation he makes, which is this: There is a simple way leading actors might bring a second, more flexible and targeted weapon into the fray on behalf of your colleagues which incidentally, would provide the ancillary benefit of insuring that you consistently play opposite actors of the highest caliber. If you were to include language in your contracts specifying that, in your films, the “quotes” of your peers must be recognized as a negotiating floor for their compensation, if you publicized that fact, and, if you kicked back a modest amount, say on salaries over six million dollars a film to make that money available, each and every actor negotiating to play opposite you would be empowered to demand the fair compensation that he or she has won for their work. (my bold ) People in general, and specifically lawyers, are accustomed to doing

CASE STUDY: What To Do As A Filmmaker With The PWC "Filmed Entertainment" 2015-2019 Data

In his Art of War, Sun Tzu wisely counseled, "Assess the advantages in taking advice, then structure your forces, accordingly to supplement extraordinary tactics." With that kernel of wisdom in mind, I looked at this year's Pricewaterhouse Coopers Global Entertainment and Media Outlook 2015-2019 and studied their summary of " Filmed Entertainment ." Although I have not read the full report, the summary provides plenty food for thought so I asked myself what would I do with this data as a filmmaker? My answers are below labeled, "The Film Strategy tip." Let me know what you would do with that data. Note, I have not purchased the full report and I am only basing this on the insights they published. But even those short insights are revealing. Growth around the world will boost filmed entertainment revenue.   Global total filmed entertainment revenue will rise at a 4.1% CAGR (Compounded Annual Growth Rate) to 2019, reaching US$104.62bn. Particularl

PRODUCTION TIPS: Just Know that Profit Participation Comes Out of the Producer's Pocket

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I recently wrote an article about why it is a good thing for certain filmmakers making certain films to share the wealth with profit participation instead of deferred compensation. A caveat: that has a limited use. However, I wanted to revisit that idea and clarify what that means for a filmmaker looking to adopt a profit participation strategy to paying their cast and crew. The truth is that while paying your cast and crew with profit participation instead of deferred compensation can lower a producer's and investor's out-of-pocket production and postproduction costs and improve morale/motivation, it has limits. Here's why: A producer makes multiple contracts throughout the life of a film starting with the writer and ending with the distributor. Along the way, she decides to offer back end participation (or net/gross profits or profit participation) to the cast and crew and signs a contract with them promising to do so. When the producer meets with the distributor

PRODUCTION TIPS: Don't be #SelfishFilms, Share the Wealth

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Sometimes when a no-budget filmmaker can't afford to pay a cast and crew what they are worth, then "profit participation" > "deferred compensation "     So many filmmakers struggle with the challenge of making their film because it is such a complex artform with a gaggle of logistical and artistic elements to it. One minute you are figuring out locations the next you have to decide on wardrobe then your DP is asking you about lenses and lighting (hell you might have to be the DP too) and your lead actor wants you to help him understand the crux of the scene. That's not even taking into account the budget and the legal and the food and the... you get the picture.  Filmmaking is hard work to do all by yourself which is why most don't. Filmmakers raise money to cover the costs of their cast and crew and those who can't raise sufficient money promise deferred compensation to their cast and crew. But even those who can't afford to pay cast

SCRIPT TO SCREEN: The Cabinet of Dr. Caligari (1920)

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The Cabinet of Dr. Caligari |  Robert Wiene | 1920 | Germany | Format: 35mm, Black and White, Silent  | 51-78 min (varies; different versions) The Cabinet of Dr. Caligari opened today almost 100 years ago in 1920. Gance loved it, Eisenstein hated it. Today it's considered a horror classic and a great experiment in Expressionism. Even though we live in the digital age, it is worth going back in time to study the story of how this movie was made in an era when film was still in its infancy. We stand to benefit from the making of The Cabinet of Dr. Calgari and learn things, such as: How the writers collaborated to combine their experiences and imagination in crafting the script. How the writers used their connections to their advantage even though they had never worked for a studio before. How their passion and unique "pitch" convinced the executive to buy the writers's script. Why it's important to know what rights you are signing away. How collaborati