HVX200 feature sold to lionsgate!

freaking awesome dude. An inspiration for me to get off my butt and reshoot that movie of mine that came out so horribly wrong. :beer:
 
Amen, that is off the hook!!!!! Congrats BIG TIME...... I am in envy mode right now. THE WORLD WAS BUILT ON DREAMS!!!!!!!!!!!!! Glad to see yours came true. Again, congrats!!
 
Hey all thanks for all the support! "Sight" has opened alot of doors for me and I'm really happy to reveal now the full budget for "Sight" and it's selling price:

We made "Sight" for a budget of 12,000.00 usd (Not including the Differed Pay contracts)

"Sight" sold for an advance of 20,000.00 usd and 25% of the net from LionsGate

We have another Distributer in Germany who we are in the deliverables process with who is going to give us an advance of 5,000.00 usd and 25% of the net.

I know that alot of people would not give out this info but hey, I owe this forum alot (Including a ton of help on "Sight") so there you go, more big news to come about "The Burnt House"!!!!!!!!!!!! I'll keep you guys posted ;)

-rock-Adam
 
Adam, thanks very much for sharing what most filmmakers will not. Inspiring!
On the differed pay, how does that work? Meaning are they paid out of your percentage of the net? I'm guessing that covered your lead SAG actors, but did it cover any other crew?

I can't wait to see this in a theater so keep us posted.
 
Our differed pay was split many different ways, some cast or crew got points, some got a flat day rate...

No theatrical release is planned, DVD only...

I dream of watching a film of mine on the big screen:love4:

Goals, Goals....

Anywho I was involved in a panel discussion regarding indie film makers and distribution that recieved 0 people and had preped a little something which, I feel could be of interest here:

Here is my list of things to look out for when dealing with distro as an indie film maker:

1. Know you audiance before you begin shooting, **** know who your writing the script for before you even write that bad boy. If you don't know who wants to watch your movie you'll have a hard time figuring out who wants to buy it. There are a number of nitch' or genre' distribution companys, cater to them.

2. Don't spend more than the average film in your genre' sells for. many many film makers fall into this trap, spending thousands more than the average advance on the average film in their genre' pulls in.

3. Know what the average advance is for the genre of film you intend to make, it's called market research dumb ass, look into it. Most of the time you can find out what films sold for by asking around on the interhell, DVXuser has an entire community of people to ask, do it.

4. When going into sale know what the terms really mean to you:

Deliverables: lots of ****ing money out of your pocket to get your film into the format(s) that your distributer requires to get your film to market or................... Lots of ****ing money out of your distribution company's pocket to get your film into the format(s) that they require to get your film to market.

Advance: as an indie film maker the only money you will ever ****ing see from your film, lets be honest here, I know alot of people are all about getting points on their film but it's harder to get cash up front than points on the back end. This is because of something called a.......

Recoupable: (i.e. a bill for every little thing that the distribution company has to do to promote your film, and they will bill you for every phone call) This is why you will never see a dollar out of those points. Now the distribution company will not actually be able to send you a bill but they will be able to tell you that untill they make back the money that they spent promoting your film.

Points: a portion of the gross profits which your disribution company makes from the sale of your film to retail outlets after they make back their recoupable.

5. Know your distributer, ask around, it's not hard to find out if they are legit or if they are known to screw over film makers. Just look on their website or on imdb and contact other film makers who's films they are promoting.

Just a few tid bits keep it crunk!

Weird, I just realised that I pluged DVXuser in there, It's taking over my BRAIN!!!!!!
 
It's a business !!!

It's a business !!!

Great thread !!!! GREAT STORY !!!!

My take on this is that you need to go into an artistic endeavor being as much of a business-oriented thinker as a creative thinker.

Your thread here should really be telling all of us to work as much on the backend as the front end.

I used to teach tech college students who fancied themselves to be on the creative side of things. THEY ALL wanted to make movies. But when I brought up distribution, QA/QC, being able to reproduce sequences, keeping track of settings etc., using legal music, hell - even being aware of true blacks, they all fell asleep or quit coming to class.

They are all working at WALMART now. Poor b~!@#ards.

Content is king (or queen). Your idea and your passion for it is the thing that keeps you going. BUT, imo, all of the backend topics and work you have documented in this thread is what brings success. It's a good thing hardly anyone can do this backend stuff or you would have more competition :)

You are truly in select company - a creative with good business sense!

JB
 
Back
Top