CENTS AND SENSIBILITY: FINANCING THE MICRO MOVIE

MODERATOR

ANDREA BUCK, Producer, The Jammed, Founder Transparency Australia

PANEL

JULIE BYRNE, Producer 'Touch', 'The Dead Speak Back', Line Producer 'The Babadook', 'Charlie’s Country'

JONATHAN ROPER, Producer, I am Evangeline 

SHAUN MILLER, Shaun Miller Lawyers

RICK CHEN, Co-Founder, Pozible

“Senate Finance and Public Administration Legislation Committee ANSWERS TO QUESTIONS ON NOTICE ADDITIONAL ESTIMATES 2010-2011 Prime Minister and

Cabinet Portfolio Arts Agencies Screen Australia,” 2011

10 most-profitable-low-budget-movies-of-all-time http://www.businesspundit.com 2011

Sources of finance

• Private investment• Crowdfunding• Self/ producers• Festival funds• Facility Deals• Branded Entertainment• Product Placement• Market: Pay TV; FTA TV License Fee; Int. Advance/Pre-sales;

Distribution Guarantee• Other Gov’t departments: Health; Tourism; Education; Equal

Opportunity; Multicultural.• Applicable NGO’s• Documentary Australia Foundation• Arts grants – other than film• Screen Australia/ State Agency incentives/ direct subsidy• Gap Financing/ Bank• Producer Offset (not to micro)• Deferments/ freebies/ favours/ Karma Bank• Other?

Finance Source I am Evangeline The Heckler

Producer Offset    

Screen Australia    

State bodiesMarket: Distribution Guarantee; Int. Advance/Pre-sales; TV License Fee

   

Facility Deals   

Private Investment 80,000

Gap Financing    Product Placement/ Branded

   

Crowdfunding 23,000 20,000 (marketing)

Film Festivals    

Producer cash investment 77,000 20,000

Deferrals 220,000 150,00

TOTAL Budget  $100,000 $250,000

Sales / recoupment – 2 year projection $56,000

Domestic theatrical (four walling)VoD worldwideStreaming servicesInternational salesDVD rights domestic

What does a $100,000 micromovie look like?