For AML filmmaker readers based in Los Angeles or those who may visit at that time, my entertainment law colleague Schulyer Moore who is highly respected in the industry, along with the producers who worked on the Lee Daniels ‘The Butler’ movie, will be presenting on the financing and distributing of the film.
You may find this event interesting to attend as well as a good networking opportunity.
Cheers,
Uduak
Financing and Distributing
Lee Daniels’ The Butler
An Advanced Case-Study of a Successful Independent Feature
presented by Schuyler Moore, Esq.
with producer Pamela Williams and co-producer David Jacobson
Join preeminent corporate entertainment attorney Schuyler Moore (partner, Stroock & Stroock & Lavin, LLP), producer Pam Williams, and co-producer David Jacobson for a case-study on their experiences working on the financing and distribution for “Lee Daniels’ The Butler”, one of the most successful independent films of 2013.
“Lee Daniels’ The Butler” was the epitome of independent film financing and distribution. For the film to be produced, 41 financing pieces had to fit into a unified waterfall for financiers, the initial major studio, and participations. The net result was a Byzantine multi-layered financing with at least thirty documents, THREE separate collection accounts with 41 parties (not counting talent participations), but a film that has now grossed over $100 million U.S. box office.
In this case study, the presenters will discuss in detail:
– getting rights out of development hell at a major studio
– finding up-front equity that could be spent prior to a completion bond
– finding equity financing through a private securities offering
– complying with securities laws
– tax benefits & tax deductions
– foreign pre-sales
– gap loans
– financing transactions for production & post-production tax credits
– domestic deals and distribution.
Light refreshments will be served.
Event begins at promptly 7:30 pm.