I have recently hired a producer for a feature length horror creature feature. The script is ready to go, we have a crew and a great financial plan with excellent ROI projections for investors. given to us by our sales agents. So now I'm looking to circulate the plan and try to generate some interes...
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Brad - Funding for last Aprils feature primarily came from 5 executive producers who had also provided some funding on the producers previous films. These executive producers were not movie moguls the...
Expand commentBrad - Funding for last Aprils feature primarily came from 5 executive producers who had also provided some funding on the producers previous films. These executive producers were not movie moguls they were elderly friends with money who believed in the writer/director/producer. The executive producer/writer/director had previously done several shorts and a micro budget feature which he arranged for distribution with the current distributor. This distributor is focused on the niche faith-based market and has a certain trust level with the producer. This time the distributor did all the post work at their expense (a major budget reduction), and of course the DVD reproduction. The distributor also sells licenses for group showing by churches. So you just need a distributor to endorse the project if possible. If their is endorsement their is trust. If their is trust by the distributor then it can be easier to find investors. The key is for people in charge having an existing relationship with people who believe in them. So the greater the trust the greater the opportunity. It is more about WHY you're doing it than what you are doing that will motivate people to invest. Sometimes it is not about finding a handful of investors but finding a lot of investors. A classic case are the executive producers of the "Blair Witch Project" (all from UCF here in Orlando) who collected about $2K from 50 different investors (they spoke at a meeting I attended). To date the project has grossed $248M. Here is a recent story that provides some insight into where they have progressed http://today.ucf.edu/gregg-hale-project/ . You have indicated that you have relationships with previous investors via the producer. If those investors got a previous return, trust and believe in him that can be a good starting point to see if they are interested or know someone. Find trusting wealthy retirees who believe in why you want to create the film. Start multiple levels of crowd source funding campaigns. Find trusting friends who have real estate investments. Often they have an interest in the arts. Find financial advisors who believe in your WHY. Possibly offer cameo appearances or executive producer credits. Many other things are possible as well. Personally, I am not a horror fan and have found that the genre is highly saturated. I have found great success, some really nice A and B list actors, and revenue in the faith-based genre.
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Steven- I have heard of the book, but I haven't read it. Perhaps I will finally get off my ass and take the plunge. Thanks for the advice. Where in NY are you based out of? (I'm in Brooklyn)
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Thanks for for the Connection