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Truly Free Film

Film Finance Overwhelm (pt.2)

Stacey Parks returns with a guest post — and a sequel.

Because Film Finance Overwhelm (Part 1) was such a popular post, I decided to do a Part 2. And because many of the comments and emails I got came in the form of questions, I decided to make the format of this post in Q+A form. I think seeing the answers to some of the most commonly asked questions will clear things up for many of you.

As a refresher, the 4 Film Financing components I talked about in Part 1 – the ones that are working in today’s market to independently finance films outside of the studio system are as follows:

1. Tax Incentives
2. Partnering With Production Companies
3. Pre-Sales
4. Crowd Funding

So let’s move on to Q+A…shall we?

Q: What are the benefits from both sides of partnering with a Production Company or more experienced Producer?

A: The obvious benefit to the new or less-experience Producer is pretty obvious – you get to leverage someone else’s track record to get your film made. But what about the benefit to the other Producer (the bigger one)?

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Truly Free Film

Why Can’t Producers Get Along & Work Well Together?

Today’s guest post is from NYC-based feature film producer Adam Brightman.

Recently I was asked by a couple of smart but fairly inexperienced producers some good questions about how producing teams can work well together (and not so well).  For better or worse, in my career, which is now in its third decade (ouch), I have averaged about 70/30 good to bad.  Maybe that is par for the course.  Maybe it is reflective of how much of my film work has been on non-studio, extremely challenging films.  In any case, since they asked, and since it is a crucial and, perhaps, unappreciated part of the filmmaking process, here are my thoughts.

1.  Everybody counts.  All producers on films today are important, and unless they are clearly dead weight or baggage (a star’s manager, an executive’s friend, what have you) then every producer makes a valuable contribution.  And whatever the credit one gets on a movie, if you are part of the producing team then you are a producer.  Plain and simple.  So as I said, everybody counts, and the producing teams that recognize and acknowledge that fact work well.  The ones that feel a need, for whatever reason, to undermine and minimize each other’s contributions do not work well.

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Issues and Actions

PGA’s Producer Code Of Credits

The PGA announced that they are close to getting the Studios to adopt their Producers Code Of Credits as the determining factor in who gets credited as producer on a project.

If you haven’t read these requirements, you must — whether you are a producer, filmmaker, financier, or crew person. Hell, you should if you are an audience member too.

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Issues and Actions

PGA Approves Transmedia Producer Credit

This is PGA’s wording for providing the credit:

A transmedia narrative project or franchise must consist of three (or more) narrative storylines existing within the same fictional universe on any of the following platforms: film, television, short film, broadband, publishing, comics, animation, mobile, special venues, dvd/blu-ray/cd-rom, narrative commercial and marketing rollouts, and other technologies that may or may not currently exist. These narrative extensions are not the same as repurposing material from one platform to be cut or repurposed to different platforms.

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Truly Free Film

Cheat Sheet #7: Truly Free Film Highlights

Today’s post is again brought to you courtesy of Jon Dieringer, and is part of continuing series of cheat sheets from prior TFF posts.

-What a producer does (3 posts)/what the credit means
http://trulyfreefilm.blogspot.com/2009/03/producers-contribution-part-1-of-3.html
http://trulyfreefilm.blogspot.com/2009/06/producer-credit-what-it-means-to-me.html

-38 Indie Film Biz Concerns
http://trulyfreefilm.blogspot.com/2009/05/36-american-independent-film.html

-“The New Model for Indie Film”
http://trulyfreefilm.blogspot.com/2009/05/new-model-ongoing-conversation.html

-The Filmmaker / Exhibitor Collaboration (ArtHouse Convergence Key Note):
http://trulyfreefilm.blogspot.com/2009/01/art-house-convergence-closing-keynote.html
-The Call For A Truly Free Film Culture (Film Independent Key Note Address):
http://letsmakebetterfilms.blogspot.com/2008/09/film-independents-filmmaker-forums.html
-“52 Reasons Why Indie Film Will Flourish”
http://trulyfreefilm.blogspot.com/2009/05/52-reasons-why-american-indie-film-will.html
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Truly Free Film

The Producer Credit: What It Means To Me

Producing is all I do and the only credit I get. The meaning and value of that credit erodes all the time as financiers and packagers and directors seek to share it. I do something very specific though that none of those other collaborators do. I am there from the very beginning until the very end doing my best to make sure that the best team assembled, best environment created, best film made, full potential realized, best release and marketing strategy conceived, and maximum revenue (within those other considerations) achieved. It is my role to make sure that all options are considered and the ramification of each choice considered in advance.

I contribute to the script but take no credit — yet people comment how “my body of work” has common themes and threads. I help design the production, from the look, to the cast, to the crew, to the rhythm, to the tone, to the marketing — yet people don’t think my credit is a creative one (because it has been undervalued by all those that glom on to it). I strategize how to make the film go from an idea or concept into reality — I make the film inevitable, with attachments, with financing, with distribution, with an audience, yet somehow the industry thinks producers are interchangeable. The industry encourages that I do a volume business so that they can “service” their clients, yet they give me no support, be it financial or just reinforcement (if a project is not ready or a collaborator not a financial asset, I am the one that must deliver the news — and even if they agree with me, they take the side of the client).

Six years ago I was one of two key witnesses in the successful anti-trust suit against the MPAA and Studios’ Screener Ban. One of the reasons we won was that the judge recognized that my livelihood was dependent not on singular films, but on the perception of my key creative role in a string of films that had a critical, commercial, and cultural impact (and how the added boost screeners gave my films was essential). Since that time, I have witnessed the devaluing of the producer credit as never before.

We are in incredibly tough times for “quality” projects. Fewer get released. Fewer get financed. The budgets come down, and with them come lower fees. It has never been this hard over the last twenty years. When I ask myself “how am I going to survive making the kind of films I do, the kind of films I love?” my one real hope is a deepening understanding of what I bring to a project. And to me that is a deepening understanding of what it is to produce. 

Producing for me is not contributing to the producing process — it is doing the entire process. If someone needs to receive additional credit because of their contribution it should not just reflect their contribution, but it also should not diminish the contribution of others. It is my job to do a lot of other people’s job, but it is not my place to take any credit for that.  When someone takes producer credit and is not there from beginning to the end, involved in all aspects of the development, funding, prep, production, post, marketing, and distribution, they diminish my work and the value of my credit.  When the producer credit is devalued, it becomes harder to get movies made and to respect the process by which good movies are made.  
I also firmly believe that the producer is in service to both the director and the film.  The producer and director are both there to make the best film within their means and circumstances, and hopefully they have a mutual understanding as to what that means.  I have been surprised by those out there who pitch themselves as “filmmaker friendly” but don’t have faith in their team’s vision.  Similarly, I am surprised by those who go looking for “collaborators” but truly don’t want to engage in the discussion about how to make the best the film within the context of their project.  To produce means to be in a collaborative environment in service to a filmmaker’s vision.
If we are now involved in a cultural war to protect ambitious film, then who is the enemy?
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Truly Free Film

Hope For The Future pt. 9: The List #’s 35 -38

35. Film schools are waking up to the need to educate students on how to survive – it is not enough to know how to direct or produce, graduates must have real world skills too. Jon Reiss is developing a specific curriculum on this, and I have heard from others who are looking to do the same.

36. Filmmakers are recognizing that film festivals are more of a launch platform than a marketplace. More films have trailers available prior to Sundance than ever before. Some wise filmmakers even come to their festival premieres armed with DVDs to sell. Will this be happening at Sundance? Are there any filmmakers reading this who plan to? Let us know.

37. Cultural institutions are stepping into to fill the void left by mainstream media’s abandonment of the art film space. MOMA in NYC now schedules films for regular runs. If we want to see art, why not go to a museum? We need shrines to see beautiful projection and I hope there are many other institutions picking us MOMA’s lead. It could become an actual circuit.

38. The fight to restore integrity of the producer credit continues. The PGA continues to lead the charge here and looks poised to step it up. The recognition of the need to a specific financier credit is becoming part of the conversation – namely that the Executive Producer credit should not be used for line producers but preserved for those who help finance. There is so little dignity left in the role of producer, one hopes that the rest of the industry recognizes how they are all vested in restoring integrity to the credit. Granted there are times when more than three individuals truly are producers on a project, but twelve? Wouldn’t it be a great world if even the distributors committed to stopping over-inflated credits? If an organization like the PGA actually went after the individuals and companies who push for such false credits? Real producers are always in a vulnerable position when looking for cast and financing and a soft position will not get this done. Why does a distributor or sales agent seek such credits anyway?