Chamber005
Carbonite Member
So kind of a sad but also probably a good, some private equity guys I know have shown some interest in helping me produce a feature based on my webseries. Totally and completely awesome on the surface, but it means having to walk away from the entire point of what I was doing.
I had this idea that I could release the webseries and get feedback, etc, grow an audience, while I learn (which has been awesome and great and I've gotten really good feedback -- which I've even implemented in the 3rd episode that I already shot and edited). The problem is they're getting all businessy with me, which is TOTALLY understandable but means that I might end up having to take the series off line.
Their position (and I'm good with these guys, I trust them as much as any solid aquantence) is that they want me to form an LLC for the production, take everything off the web including the guts of the website regarding the property, and then I'd be free to release the webseries as a single entity once the LLC and all of our negotiations were finalized. Their reason is because they want to purchase part of the LLC that holds the rights to the series, which I'm in (preliminary) agreement with.
Everything feels really cool about this, but it means that I'm going to be stuck creating something that I can't share, which means little to no feedback. I mean, I JUST started doing this. I'm concerned that without any feedback I'll end up with something that could have been better had I had feedback all along. Everyone I work with are just buddies who don't know the difference between a boom pole and a bong, right?! LOL The other option is I could hire someone to work on the series with me, to sort of ensure a certain quality was being met, but that wasn't the original INTENTION of doing all this. *I* wanted to learn on a zero budget while getting consistent feedback from my peers and audience members.
The entire point of all this web stuff was to learn filmmaking, that's it. But I started writing script after script and got talking about it with some guys who could help me realize it all and now I'm kind of in a weird (but not completely bad in ANY sense) position.
The ONLY thing I can think to do is to ask them if they'd be okay with letting me show a few people (other guys I know here, for instance) some of the stuff as I go on just to make sure that I'm doing everything correctly. The problem is they feel the web series is whatever I want it to be but they're not about investing any money into it (which is understandable, heck I'M not even investing any money into it!!). The feature is something I won't have to be as concerned about because I'll have hired help (DP, sounds guy, etc as well as much better equipment) and they'll be providing the bulk of the funds.
In the end this isn't really a legal question, it's like a learning/artistic one. I feel SO incompotent as a filmmaker and a make-up artist, and while the 3rd episode looks much better, we did lots of rehearsing, rented the Countryman lav mics, etc, I'm just nervous that without the feedback from my audience and other filmmakers I won't know if I'm taking the right steps.
Anyway, I'm pretty sure this isn't a normal set of circumstances, but does anyone else have any experience/advice on something like this? Do I chuck the feedback/critiques for some certainty that the feature that follows the webseries will have additional funding (at which time I'll have HELP with the film), or do I say thanks but no thanks and just tell them that if they're still interested they can come on once the series is finished?
Bottom line I'm planning on re-shooting the first two episodes anyway, so I feel like that's going to be stunting to the audience regardless, AND I have SUCH A SMALL AUDIENCE! It's like under 300 people on the facebook fan page. Once I'm at 3,000 or 30,000 it's going to be much, much more difficult to turn around and say that I have to stop everything because of some "deal".
I thought it would be at least 5 years before I even had to start dealing with this kind of stuff, and maybe I should just ignore everything and every offer until then -- until I feel like I know what the heck I'm doing.
Any advice from a CREATOR'S perspective? Ironically I feel completely confident in the business aspects of all this, but if I end up with something that could have been better it's there forever (and, who knows, it could even HURT the final product of the film, right?). I just don't know.
I am definately going to take the holiday to consider all this, but it would be great if any of you guys could chime in.
Thanks!
I had this idea that I could release the webseries and get feedback, etc, grow an audience, while I learn (which has been awesome and great and I've gotten really good feedback -- which I've even implemented in the 3rd episode that I already shot and edited). The problem is they're getting all businessy with me, which is TOTALLY understandable but means that I might end up having to take the series off line.
Their position (and I'm good with these guys, I trust them as much as any solid aquantence) is that they want me to form an LLC for the production, take everything off the web including the guts of the website regarding the property, and then I'd be free to release the webseries as a single entity once the LLC and all of our negotiations were finalized. Their reason is because they want to purchase part of the LLC that holds the rights to the series, which I'm in (preliminary) agreement with.
Everything feels really cool about this, but it means that I'm going to be stuck creating something that I can't share, which means little to no feedback. I mean, I JUST started doing this. I'm concerned that without any feedback I'll end up with something that could have been better had I had feedback all along. Everyone I work with are just buddies who don't know the difference between a boom pole and a bong, right?! LOL The other option is I could hire someone to work on the series with me, to sort of ensure a certain quality was being met, but that wasn't the original INTENTION of doing all this. *I* wanted to learn on a zero budget while getting consistent feedback from my peers and audience members.
The entire point of all this web stuff was to learn filmmaking, that's it. But I started writing script after script and got talking about it with some guys who could help me realize it all and now I'm kind of in a weird (but not completely bad in ANY sense) position.
The ONLY thing I can think to do is to ask them if they'd be okay with letting me show a few people (other guys I know here, for instance) some of the stuff as I go on just to make sure that I'm doing everything correctly. The problem is they feel the web series is whatever I want it to be but they're not about investing any money into it (which is understandable, heck I'M not even investing any money into it!!). The feature is something I won't have to be as concerned about because I'll have hired help (DP, sounds guy, etc as well as much better equipment) and they'll be providing the bulk of the funds.
In the end this isn't really a legal question, it's like a learning/artistic one. I feel SO incompotent as a filmmaker and a make-up artist, and while the 3rd episode looks much better, we did lots of rehearsing, rented the Countryman lav mics, etc, I'm just nervous that without the feedback from my audience and other filmmakers I won't know if I'm taking the right steps.
Anyway, I'm pretty sure this isn't a normal set of circumstances, but does anyone else have any experience/advice on something like this? Do I chuck the feedback/critiques for some certainty that the feature that follows the webseries will have additional funding (at which time I'll have HELP with the film), or do I say thanks but no thanks and just tell them that if they're still interested they can come on once the series is finished?
Bottom line I'm planning on re-shooting the first two episodes anyway, so I feel like that's going to be stunting to the audience regardless, AND I have SUCH A SMALL AUDIENCE! It's like under 300 people on the facebook fan page. Once I'm at 3,000 or 30,000 it's going to be much, much more difficult to turn around and say that I have to stop everything because of some "deal".
I thought it would be at least 5 years before I even had to start dealing with this kind of stuff, and maybe I should just ignore everything and every offer until then -- until I feel like I know what the heck I'm doing.
Any advice from a CREATOR'S perspective? Ironically I feel completely confident in the business aspects of all this, but if I end up with something that could have been better it's there forever (and, who knows, it could even HURT the final product of the film, right?). I just don't know.
I am definately going to take the holiday to consider all this, but it would be great if any of you guys could chime in.
Thanks!