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The new contract allowed writers two formulas for calculating foreign residuals: the existing formula ($4,400 maximum for a one-hour show) or the new formula (1.2% of the producer's foreign sales). On the other hand, domestic residuals were adjusted to take a sliding scale, which would incentivize producers to syndicate one-hour shows, whose ...
Film finance is a subset of project finance, meaning the film project's generated cash flows rather than external sources are used to repay investors. The main factors determining the commercial success of a film include public taste, artistic merit, competition from other films released at the same time, the quality of the script, the quality of the cast, the quality of the director and other ...
Film budgeting refers to the process by which a line producer, unit production manager, or production accountant prepares a budget for a film production.This document, which could be over 130 pages long, is used to secure financing for and lead to pre-production and production of the film.
In television, the executive producer credit is often applied to individuals who are involved with the production in a hands-on capacity; an executive producer usually supervises the creative content, plans and schedules the filming with the producer and team, and may be involved in the financial budgeting of a production.
This as-told-to essay is based on a conversation with Gary Binkow, a former Hollywood producer who gave up his multimillion-dollar career to start a new business in the longevity industry. It has ...
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The original producers of the film sued Gold Circle Films in 2007 due to Hollywood accounting practices because the studio has claimed the film, which cost less than $6 million to make and made over $350 million at the box office, lost $20 million. [19]
Traditionally, a producer’s job is to act as the CEO of a project, doing everything from raising money to creatively shepherding the show. More recently the army of investors it takes to finance ...