Regarding a letter of intent

R

Real10

Hey everyone, this is just regarding the letter of intent. Whilst I know how to get one i'm just wondering what is professional. If an actor agrees to attach themselves and you ask for a letter of intent. What happens? Do you request a hand signed one by post or do you ask for a fax? What would be the next step? "hey, just fax it to this number" etc. What do I do?

If you're going to investors would you show them a hand signed letter or a photocopy or a fax they sent?


Small details but I'm sure they matter.
 
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A copy of any contract (including a LOI) is accecptable. The
original isn't needed by the investors. But you will need an
"original" hand signed contract in your files.
 
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Letters of Intent for investors

Hi I'm new here. There's a lot of good advice on these boards.

Anyone have any samples of letters of intent for investors rather than just contracts?

thanks
 
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A letter of intent isn't binding, and is like an informal message to your investor saying,

"Hey I have this movie idea that's really cool, do you want to learn more about it?"

You can really put anything in the letter. It's sort of like a semi-formal letter.

Just use any letter of intent and then just customize it to what you want to put in it. Basically just outline your film and your business plan.
 
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No. Your business plan is the entire overview
of the project. The letter of intent will come
from the talent you have attached. Your
letters of intent go into your business plan.
 
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No. A letter of intent is a letter signed by talent
(both in front of and behind the lens) agreeing
to be in (or work on) the movie once it is fully
financed. Essentially "If I have no previous
commitments and all contractual needs are met
I will consider being in the movie."

Realistically a LOI is worthless and every producer,
prodCo, exec and moneyman knows this. But
that's a different discussion.

The business plan is the details of the project - the
"who, what, where, when and how". One part of
a business plan will be to include any LOI's that
you have - the "who".

The cliff's notes of a business plan is called the
summary.
 
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