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Thanks Zak - good link. I know in the UK that VOD is gaining quickly over DVD for revenue.
Michael
I had a meeting with Revelation Films, a distributor in the UK, the last time I was there in October. They told me that more and more of their revenue was coming from VOD.
Michael
Zak,
Is that 15k digitization fee accurate? I ran it by a guy at Weinstein a few weeks back and he said you are talking several hundred for digitization not thousands. Unless of course IFC is simply using that as an Adjusted Gross Revenue number without calling it AGR. Which it sounds like they are.
Cue insta-reply. I was actually about to respond to pekar, so don't think I just wait anxiously.![]()
Well, basically, I didn't really know how else to describe it. So I used Adjusted Gross Revenue which would indeed be gross revenue after services, off the top exclusions and deductions or a determined break even. Whichever is noted.
But no matter the definition of the AGR, 15k is a lot of money. I don't know where they justify those expenditures.
This info comes form several case studies I have obtained as a Film Independent member. These specific umbers are from the "In Search of A Midnight Kiss" study and the $15,000 "digitization fee" is what Comcast charges IFC/Rainbow Media who recoups it from the filmmaker's cut. I don't think there is a way around it. It's something Comcast does in-house once they receive your HDCAM to compress the file for their VOD delivery system. Definitely a ridiculous number.
Cue insta-reply. I was actually about to respond to pekar, so don't think I just wait anxiously.![]()
Well, basically, I didn't really know how else to describe it. So I used Adjusted Gross Revenue which would indeed be gross revenue after services, off the top exclusions and deductions or a determined break even. Whichever is noted.
And Pekar, that sounds about right from what I heard. I just couldn't remember the approximation he gave me, so I used "several".
But no matter the definition of the AGR, 15k is a lot of money. I don't know where they justify those expenditures.
This info comes form several case studies I have obtained as a Film Independent member. These specific umbers are from the "In Search of A Midnight Kiss" study and the $15,000 "digitization fee" is what Comcast charges IFC/Rainbow Media who recoups it from the filmmaker's cut. I don't think there is a way around it. It's something Comcast does in-house once they receive your HDCAM to compress the file for their VOD delivery system. Definitely a ridiculous number.
It's definitely worth looking into. IFC are known vultures so the In Search of a Midnight Kiss case study might be a "worst case scenario". The producers figured out that their VOD deal was so bad that essentially everyone standing between their film and their audience stood to make $200,000 before the filmmakers started getting paid.
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