View Full Version : CO-PRODUCTION DEAL


dibaccofilms
03-28-2009, 11:13 AM
New England Producers Looking for Screenplays for potential Low Budget Production. Must have some start up funds available. We'll set up a LLC for each project. Our concept is to shoot New England Features for $25K-$50K. Limited locations, shoot in Maine. We'll pay for all Post Production costs by editing the film in our studio. You must be able to raise $25K minimum or use a credit cards to pay the production crew. We have Management and Legal and have distribution for our last film. Our attorneys will attempt to secure distribution. Now is the time for the Indy filmmaker. With slow production, Hollywood will be looking to purchase new product a year from now!!!



Serious Writers & Producer only with access to start up fund and/or credit.
Contact Frank @ DiBacco Films
www.dibaccofilms.com

directorik
03-28-2009, 12:16 PM
An interesting offer. I put up the money and the script and
you do the post and secure distribution.

Can't find any fault in that method and your company has a
track record. I do have one question:

On you website you say, "It is estimated that over 5,000 I
ndependent Feature Films were made in 2008. Of those, only
68 secured both Domestic and International distribution
Ours was one of them!"

Where did you get the 68 stastic?

Actually I have a second question: Your feature was distributed
by York. I've been (shall we say) not happy with the way they
distribute product. Did you get a good up front deal with them?

ad2478
03-28-2009, 01:14 PM
I have the same questions as of Directorik.

Regards

FilmmakingStuff
03-28-2009, 03:51 PM
Guys,

I will never try to talk anyone out of being ambitious and trying to help filmmakers get their movies made. But I need some clarification: You're saying I take my production into Maine, give you guys 50K and in return you'll edit the movie and set up an LLC?

Why wouldn't I just pay the 800 dollars (in California, much cheaper in other states) to set up an LLC? Find my own locations, and then hire my own production crew and get my own brand new Mac and copy of Final Cut as an additional line item?

After that, why wouldn't I contact one of the many sales agents who happily only get 15% when the movie is sold, with a profitable deal?

Again, I'm just trying to understand the upside. Please clarify.

Bladerunner
03-28-2009, 06:45 PM
You have some audacity to ask the writer to come up with 25K for production costs when its supposed to be the producers job to raise the funds in the first place.

You're a scam artist, nothing more.

Spatula
03-28-2009, 08:50 PM
Your film "Willow's Way" looks pretty interesting, actually. I like the synopsis alot.

I have a question about this... you're saying, raise a minimum of 25K and come shoot in Maine and we'll edit your film (cutting out post-costs) and our lawyers will TRY to get distribution.... so I just want a little more details, like the others here.

What I'd like to know is:
-Who owns the copyrights to the film when all is said and done?
-If you can't acquire distribution through your contacts, will the filmmaker still be able to pursue distribution with alternate sources? Or if you do secure distribution and it's not an ideal arrangement, will the filmmaker have the opportunity to decline or seek alternatives?
-Who supplies the crew? Do they have to be from Maine as well?
-If 25-50k is raised by the filmmaker, is that the shooting budget, or will your management attempt to secure matching or additional funding?

Hopefully you can answer some of those questions (if you can) to help clarify the deal. It sounds intriguing.

indietalk
03-28-2009, 10:37 PM
You have some audacity to ask the writer to come up with 25K for production costs when its supposed to be the producers job to raise the funds in the first place.

You're a scam artist, nothing more.
Unless you've got some proof of someone running a scam, please don't label people scam artists. If you don't like the proposal, fine.

Bladerunner
03-28-2009, 11:08 PM
In the real world of filmmaking, the producer will either option or buy the script. It's that simple.

sonnyboo
03-29-2009, 12:09 PM
If the writer puts up $25k-$50K, then what percentage of the profits are they entitled to?

Since the post production is working as a more of "in kind services", what is the budget for post production (round abouts, guess since you don't have a script and already have a budget for the production)?

Are the writers, as primary investor of actual monies, entitled to the first money in from distribution?

What kind of auditing ability will the writer have over the funds spent and return on investment?


Basically, I'm with most of you... this isn't technically a "scam" as much as it is a really crappy business proposal. Only a talentless and desperate writer would PAY money to see their film produced with no say and very little detail on the business venture they would be funding.

AVOID THESE KINDS OF DEALS! If you have a script and $25,000 go make your own movie...

directorik
03-29-2009, 01:03 PM
I’m more open to this than the rest of you. As a producer and
writer I can see the potential here. Until I saw there first
feature was picked up by York I was seriously considering it. And
the suggestion that 25 large could be put on credit cards is a
bit of red flag, too.

Now I’m much more cautious.

Each of sonnyboo’s questions would need to be answered before any
writer went into a co-production deal and many writers are not
business savvy, so I understand the word “scam” being used.

Bladerunner, you’re right. But Frank is asking for a co-producer.
That changes the parameters.

I look forward to Frank’s return and his answers to the questions
posed.

BVproductions
03-30-2009, 06:55 PM
Hey...send me $25,000 to $50,000 and I'd be glad to make your film, too. ;) Okay, well, not really...I already have enough ideas for several lifetimes...okay, take care all.

scarywoman
04-03-2009, 10:15 PM
I have the feeling this would be one of those deals where there are no guarantees and your percentage of any profits would NOT be 50%, even if you put in ALL of the money and your own screenplay. I have considered going the producer-for-hire route, but would never use anyone without A LOT of experience. Given the time and money to do so, I would either buy my own equipment and take a couple of courses or hire Sterling Film Factory. They have a proven track record and always get distribution. I've seen their films and they're not too shabby, especially considering what they claim they can do with a relatively small amount of money and only a 6 day shoot.