RTF 367K Lecture Notes - Lecture 11: Crowdfunding
Document Summary
Book screenplay optio(cid:374) (cid:894)do(cid:374)"t pay all of it up fro(cid:374)t(cid:895) Producer has 100% ownership, sells some of the ownership in order to raise the money for the film. The way a producer makes $ is through ownership. Traditio(cid:374)ally, (cid:862)shares(cid:863) are split 5(cid:1004)/5(cid:1004) (cid:271)et(cid:449)ee(cid:374) fi(cid:374)a(cid:374)(cid:272)ial a(cid:374)d (cid:272)reati(cid:448)e. Creative: talent, director, writers, distributors, other producers, etc. 250k / 50 financial points = 5k per point. Sell 50 units at k (1 point per unit) Sell 25 units at k (2 points per unit) Sell 10 units at k (5 points per unit) Can be sold/traded in some states (tax credits) or simply sold for financing. Ex. in louisiana in 2014, tax credits could be sold for 85% of their value. Be careful of lawsuits, sharks, imposters, and regulations. Be honest with yourself, leverage what you can. Always have an roi (return of investment) for your supporters. Gra(cid:374)ts, ki(cid:272)kstarter, frie(cid:374)ds/fa(cid:373)ily (cid:894)it"s okay to start there(cid:895)
