How not to Invest in a Film or Movie
the anti-christ of his dreams and negative.
Okay, so what’s the lesson of the day?
The film festival and distribution channels are very very tight so getting a return on equity on an indie film is next to impossible if you don’t do the homework.
So, here goes
1. Pick a script that can be sold internationally, even if it does not get into major film festivals.
2. if you have investors, make sure you have a private placement memorandum that gives them their Section 181 benefits and sales of state film tax credits as part of the ROI on equity.
3. get a brand name entertainment attorney to help validate your existence
4. get a producers rep and/or foreign sales agent before you cast film
5. Get actors that people in Greece or Byelorus can recognize (unless you can get a domestic theatrical