Searchlight – the co is still doing well, one of the last smaller co.
The bigger studios after they bought the smaller studios, like Weinstein, Miramax, could not sustain profits, n so they diversified into smaller studios – specialty studios
That failed too, n then they went straight to DVD
That is on the way out, or is out already and now they are looking at new media, and crowed funding.
MOVIES FINANCED BY:
STUDIO & DISTRIBUTION FINANCING
KICKSTARTERS (CROWED FUNDING)
NEGATIVE PICKUP - (THE DISTRIBUTOR AGREES TO BUY THE FILM, BUT PRODUCER HAS TO FIND FINNACING AND MAKE THE MOVEI)
This is the most common way of financing
Negative pickup, interparty agreement – involves
Producer and distributor and bank and completion bond company
GOOD TRAITS OF A LINE PRODUCER?
Can deal with stress well,
Creative problem solving
Ready to take responsibility
Looks at the bigger pictures
LP is responsible for hiring BTL crew, tracks costs
People who report to LP is:
Production manager (they have no creative input) manages MONEY
AD they take care of TIME
LP in turn reports to the PRODUCER AND STUDIO
TYPES OF PRODUCERS
EXEC Producer – they are involved with getting in part of the money
Producer – Controls the rights
Producers can’t be fired, they own the film
CO-Producer - sometimes lien producer gets the credit
Associate producer - could be a minority financer
Or some one in postproduction
Or manager of lead actor
Line Producer is the one who closes most deals, for directors, scripts, actors and all else working with legal.
PROJECT IS GREEN LIT MEANS FINANCE IS IN PLACE, THERE IS SPENDABLE MONEY, CASH FLOW IS READY.
PHILOSOPHY OF PRODUVCTION - how the film should look how it should “ look and feel “ e.g. – should it be handheld, shallow depth of field,
- REMEMBER THE STORY HAS TO BE FROM SOEMONES POINT OF VIEW
PRODUCTION VALUES –
Look and feel
How money is allocated
How story and character are portrayed
It has to be believable and serve the story, not necessarily slick, as much as make you feel the way the character is feeling.