» Posts Tagged ‘business’

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Stop Making Indie Films PetitionBack in February, a satirical petition was started by Kentucker Audley in response to some recent articles that essentially stated we have an overabundance of cheap films, and it’s devaluing the entire market. Audley, a filmmaker himself, and the creator of the website NoBudge, which promotes lesser-known indie films, decided that something needed to be done, and he started a “petition” asking 5,000 people to sign and promise to stop making their “mediocre” indie films. That “petition” has now failed, and Audley had some serious words to say about why he started it and how he feels about independent film in general. More »

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top_banner_indie_film-1“We believe if we can convince enough aspiring filmmakers to give up on their dreams, the industry will become solvent again, returning to a thriving and viable state.” Yes, you read that correctly. Actor/Director Kentucker Audley (who runs the NoBudge website and makes no budget indies himself) wants you to give up filmmaking and stop flooding the market with your mediocre films. Before you get out your torches and pitchforks (Audley is not being serious), let’s take a look at what’s actually going on in the independent filmmaking industry. Despite the satirical brashness of Audley’s request, there are legitimate economic concerns stemming from the influx of indie films into the market. Here’s a brief breakdown: More »

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macpro-2013-open-100058793-largeIn the past few weeks, we’ve covered the release and the early reports of the performance of the new Mac Pro extensively. From what we’ve seen to this point, it doesn’t seem like a stretch of the imagination to say that these machines will become fairly ubiquitous in the filmmaking world over the next year or two. However, there’s one aspect to this story that we haven’t yet covered, and that’s the economic debate of performance vs. price, especially in regards to people who use these machines as the foundation of their creative businesses. Our friend Chris Potter over at Screenlight (a video-sharing software for video pros) has written up a fantastic post about how to make the best economic decisions for your creative business as you look to purchase new hardware. More »

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IkonoskopThis past summer, Swedish camera manufacturer Ikonoskop announced that it would be temporarily halting production of its super16 RAW digital cinema camera, the A-Cam DII. Despite the fact that filmmakers around the world praised the A-Cam DII for its simplistic functionality and stellar image quality, the company stopped production due to a “strained financial situation” that was likely caused by high manufacturing costs and stagnant sales. However, Ikonoskop announced yesterday that the company is under new ownership and that they’re in the process of renewing their ecosystem. What could this mean for fans of the A-Cam DII? Read on for the details: More »

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stock-footage-film-projector-dolly-shot-slow-motion-closeThe recent history of film as a capture medium has been a troubled one. First, Kodak filed for bankruptcy protection in early 2012. Then in the first quarter of 2013, Fuji halted production of motion picture capture stocks, thus leaving the financially troubled Kodak as the only remaining capture stock producer. Beyond these troubles, the rapid proliferation of digital capture has forced many processing facilities to shut down, and prices for transfers and high-resolution DI’s have skyrocketed. However, on Tuesday Kodak announced that it had emerged from its Chapter 11 restructuring as a leaner and more focused company. What does this mean for the future of film as a capture medium? More »

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WonderlandMaking a sustainable and comfortable living from the art that we create — that seems to be the goal many of us, the light at the end of the tunnel. But is that really possible — to spend our days doing what we love and being creatively satisfied by it, all the while getting paid? The fine folks over at Eskimo, a multidisciplinary design and production studio, have crafted a documentary that seeks to expound on these questions through interviews with some of today’s leading creative professionals. Check out the full documentary below: More »

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contractsIn the past 10 or so years, lots of businesses have sprung up to fill the need for people who want contracts and legal documents, but don’t want to spend the money on an expensive attorney. Many filmmakers have taken advantage of this, using these contracts to help with their productions, but there may be pitfalls to following this course. Entertainment lawyer Gordon Firemark has some interesting information regarding using boilerplate contracts. Are those free contracts free for a reason? Have we really done all the due diligence on our films? More »

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ifp_labThe Independent Filmmaker Project is one of the oldest and largest indie film organizations, providing resources for filmmakers to navigate through a complex industry. One such resource, the IFP Narrative Labs, have existed for almost 10 years as a year-long program for first time filmmakers, guiding them through the process of completing, marketing, and distributing their movies. Over at Filmmaker Magazine, they have distilled some great wisdom from the last IFP Narrative Lab and it makes for required reading for any independent filmmaker. More »

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Many of us here on NFS will write screenplays for our own films that we plan to make ourselves. That said, it’s always good to know which scripts are selling in the marketplace: 1) to know what movies may be coming to a theatre near you soon so your script is different (or better); 2) to know the styles and genres of scripts that studios and financiers are buying should you want to sell your own spec; and 3) to know who represents and manages writers of scripts like your own to help you find representation. To shed some light on the spec script market, Scott Myers at Go Into The Story has been running a weekly series on this very topic, covering the history of the spec script market, the buyers of spec scripts, the spec screenwriter-representation relationship and more. More »

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What if all of you who backed my campaign to make Man-child could actually have a stake in the film, so that if it makes money, you make money? I couldn’t offer you this, because in America, such profit participation is illegal thanks to the Securities and Exchange Commission. In many other countries it’s legal (see: The Age of Stupid’s brilliant campaign in the U.K.). However, thanks to the U.S. House passing the Entrepreneur Access to Capital Act last week, it seems this profit participation may soon become legal. If it does, crowdfunding as we know it could change tremendously, as will the fundamental structure of raising equity for small businesses (and films). More »

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Regardless of a film’s credited production and/or distribution company, many movies are in fact their own LLC, created specifically for the purpose of giving rise to one finished film. Even if two different productions share many of the same personell, they would each be formed as their own LLC to ensure if something goes wrong on one project, the financing of the other would not be put at risk. FilmmakerIQ has just posted an excerpt from the book Independent Filmmaking, The Law & Business Guide for Financing, Shooting & Distributing Independent & Digital Films, which might come in handy if you’re wondering whether you should incorporate for a film project: More »