Paramount to start a "Micro-budget" division.

Sure it is, once you take the $100K you no longer own rights, they do. If you spend $90k making it why not try to market it on your own before you turn it lose for a $10k profit and give up rights?

I'd imagine for a $100k movie it'll be produced/directed and probably written and edited by the same person, something like Faith and Adam - Corrado did. Anyway, that's my understanding of the people they are looking for.

If your ok with it then go for it!
 
ChipG said:
Sure it is, once you take the $100K you no longer own rights, they do. If you spend $90k making it why not try to market it on your own before you turn it lose for a $10k profit and give up rights?

I'd imagine for a $100k movie it'll be produced/directed and probably written and edited by the same person, something like Faith and Adam - Corrado did. Anyway, that's my understanding of the people they are looking for.

If your ok with it then go for it!
Click to expand...
Because you'd first have to either own or loan $100K to spend it. Most likely, even if you DO, that's a huge risk for you. If you own $100K, that's most likely everything you own including your house. If you loan, you also risk your financial future security, and a $100K feature film is a helluva risk to take.
But like I said, that's what I'm doing right now and if that's what you want to do and you believe in your project, go for it.

If you DON'T own or can't take a loan or don't want to take that huge risk, having a big studio backing you with the cash is a great thing.

Plus, try getting into marketing as well without having been backed by a studio. Try getting a distribution deal. Try earning enough money from that distribution deal to make more than burger flipping money. Hell, for most microbudget indie films, just getting into festivals is tough.

When a studio puts up all the cash and taking all the risk, they should own all the rights as well.
It's still a better chance of getting distributed that way.
 
JavaExMachina said:
Because you'd first have to either own or loan $100K to spend it. Most likely, even if you DO, that's a huge risk for you. If you own $100K, that's most likely everything you own including your house. If you loan, you also risk your financial future security, and a $100K feature film is a helluva risk to take.
But like I said, that's what I'm doing right now and if that's what you want to do and you believe in your project, go for it.

If you DON'T own or can't take a loan or don't want to take that huge risk, having a big studio backing you with the cash is a great thing.

Plus, try getting into marketing as well without having been backed by a studio. Try getting a distribution deal. Try earning enough money from that distribution deal to make more than burger flipping money. Hell, for most microbudget indie films, just getting into festivals is tough.

When a studio puts up all the cash and taking all the risk, they should own all the rights as well.
It's still a better chance of getting distributed that way.
Click to expand...

We will see how it plays out with the union rules, insurance, legalities etc. it'll probably be a 'we want to buy your finnished micro budget flm for $100k' and not we are giving you $100k to go make it.

Wanting it to be a good thing for indies I lobbied for $500k per movie not the $100k, still $500K to the big P is micro budget, heck a couple million is micro budget with some of their features topping $275M right now.
 
ChipG said:
We will see how it plays out with the union rules,
Click to expand...

Doubtless we will create a series of further pared-back contracts so as to keep our members working for amateur rates, just so long as they're tossed a few crumbs in the form of MPH&W and MPRP contributions on said amateur rates...
 
You must log in or register to reply here.
Back
Top