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PRODUCTION TIPS: What is a Loan-Out Company? And Should I Form One?

Although I wrote this originally for El Blog de HOLA with actors in mind, loan-out companies are used by artists and entertainers of all stripes; directors, musicians, writers, producers, fashion designers, etc. Therefore, the following below is beneficial to you too if you have reached a certain level of success in the arts and entertainment industries. +++++++ “I’ve heard that a lot of Hollywood actors have a loan-out company for their acting services. What is a loan-out company and should I form one?” A loan-out company is a business entity formed by entertainers like actors, musicians, directors, producers, etc. (“owner”) to provide their services under the guise of  “employee” to a third party like a studio, production company, television network, record label, etc. Although usually a C corporation (one that is taxed separately from its owners), the loan-out can be an LLC (limited liability company)or an S corporation. It is called a loan-out because the company “le

PRODUCTION JOURNAL: Sundance and Rotterdam Roundups 2015 + BERLINALE 2015 Lineup

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Stardate: 1.10.15 Two top film festivals have ended and we are in the beginning stages of a third top fest & film market (Berlinale). I study the news of the film festivals in a bipolar fashion; my left brain analyzes what kind of films made deals to get a pulse on the market and my right brain what films have the potential to inspire, impress or interrogate me.  ~~ Danny Indio SUNDANCE Sundance 2015 lineup ~~ MUBI Notebook SUNDANCE AWARD WINNERS: U.S DRAMATIC Grand Jury Prize Me and Earl and the Dying Girl  (Alfonso Gomez-Rejon) Audience Award Me and Earl and the Dying Girl  (Alfonso Gomez-Rejon) Directing Award The Witch  (Robert Eggers, U.S./Canada) Waldo Salt Screenwriting Award The Stanford Prison Experiment  (Tim Talbott) Special Jury Award – Excellence in Cinematography Diary of a Teenage Girl  (Brandon Trost) Special Jury Award – Excellence in Editing Dope  (Lee Haugen) Special Jury Award – Collaborative Vision Advantageous