Independent film revenue projections

The sales projections should be done for 3 different levels, starting with a low revenue estimate, a high estimate, and a mid range estimate. Guide to creating your own financial model and revenue projections. Distributors of uk independent films by box office revenue. The shocking truth about vod sales projections filmmaking stuff. Iflm stock predictions are updated every 5 minutes with latest exchange prices by smart technical market analysis. Many other producers shuffle around the studios, spend years in development, and never get anything made.

Guide to creating your own financial model and revenue. Staceys book was the one i kept, carried, and continue to. Studios can also get involved at a later stage by agreeing to distribute the independent film. I have worked in film finance for over twenty years and jeffreys understanding of the industry and ability to research and keep up to date on all trends is exceptional, which is exactly why the studios rely on him for his expertise on global rois. Domestic movie theatrical market summary 1995 to 2020. Each film grant shows you the upcoming deadline, just click to apply. Learn how to create realistic financial projections and gain investor confidence. The 20 highest grossing indies of 2019 a running list. The film credits were set to expire in 2018, but with state revenue projections still lackluster in alaska, walker excluded the program from his budget, and the legislature followed suit by passing a bill to end subsidies to the film industry early. Sync revenues quietly earning millions for indie artists. You have complete flexibility over the distribution and vod revenue models you choose and you. Our film financial projections template will make financing for your independent film production a breeze.

Develop a set of projections starting with detailed revenue. Film finance attorney financial projections for film projects. The tax foundation is the nations leading independent tax policy nonprofit. Digital revenue for individual films in traditional marketplaces is falling rapidly subheadline.

For those beginning to explore international distribution, here are some very basic ideas and concepts about the. Finding revenue projections for your films business plan. Establishing realistic revenue projections for your film. Importance of sales projections for your independent film project. According to our live forecast system, independent film development corporation stock is an awesome longterm 1year investment.

The ifo released an updated revenue projection for fy 201920 and a preliminary projection for fy 202021 using two scenarios for business closures due to the covid19 virus. Financial projections are not required for investor offerings for film projects regardless of whether the selected investment vehicle involves the sale of a security or not. What percentage of independent films are profitable. I would say that the average investment return is way in the negatives, if we are including independent film, since the vast majority of those never even receive distribution. Facebook beat wall street revenue projections and announced that its user numbers were in line with estimates in the wake of a user data privacy. Its rare for filmmakers to get a candid look at the books of someone elses film but, thanks to the generosity of marcus markou, thats exactly what youll get to read below. We utilize our twenty plus years of experience, projectbased evidence, and consistently current research to create business plan elements, such as. Forecasting revenue projections for your films business plan.

Film revenue projections convince your investors with a comprehensive film revenue projections package that will estimate what income your film can generate, all the details film investors would expect before investing in a film. With the film revenue projections template you can predict how much your film is going to make by researching comparable films similar in budget, genre and distribution pattern from the box office theatrical, dvd, broadcast and vod figures to estimate a high, low estimated income for your film. No one can tell you how a movie is going to do in the marketplace not until the film opens in darkened theatre and sparks fly up between the screen and the audience. Film finance attorney financial projections for film. Establishing realistic revenue projections for your film virtual. A sales agent will be able to provide you with some sense of the estimated value of the film before he or she brings it to the film market and festival circuit. Independent film development revenue quarterly iflm. Mar 20, 2014 in this short tutorial we discuss the various foreign sales revenue streams for independent films. The high and low extremes are very important as they will form a potential range of possibilities.

This excel template walks you through analyzing your film, comparing it to other films, movie production costs and easily allows you to add financials directly into your independent film business plan. You can use best case, worst case and mostlikelycase scenarios, but. The global film industry shows healthy projections for the coming years, as the global box office revenue is forecast to increase from about 38 billion u. Call 212 4802400 hrbek law llc is dedicated to serving our clients with a range of legal services including entertainment law and business litigation cases. How to forecast revenue and growth when starting out, financial forecasts may seem overwhelming. Independent uk film genres ranked by box office revenue in the uk and ireland 2016. Film finance recoupment for private equity investors.

But importantly and most awesomely, you can treat your movie business like any other small business. But before i go there, lets talk about why people invest in independent film. Just fill in the yellow cells with your key figures and the spreadsheet calculates the rest for you. Apr 25, 2018 facebook beat wall street revenue projections and announced that its user numbers were in line with estimates in the wake of a user data privacy scandal. You can use best case, worst case and mostlikelycase scenarios, but these highlight the uncertainties. The figures are not carved in stone and are not a guarantee of revenue. Welcome to our reference library analyzing trends in the domestic movie industry since. The insiders guide to independent film distribution is a must for anyone who hopes to make and sell a film with good results.

Independent film financing how it works new york entertainment law lawyer. E should i invest in independent film development stock. Streaming will double the music business by 2020 and. Forecasting the revenue you can expect from your business forms the basis for your planning and strategies, but predicting an accurate value is difficult. The profitability of independent films is a complicated topic for a whole variety. Foreign presale is a key source of revenue for independent films, and can serve as the primary source of collateral for production loans. This is the latest edition of a book that has sold over 75,000 copies since its first printing in 1984 by producerpublisher michael wiese.

The two main types of financial projections for an indiefilm the. Independent films, short film, success, tv, business, store, indie movies. Using our 25 years in the film and television industry as a major hollywood studio and independent film producer as well as a financier ourselves, we understand the requirements of financial institutions and investors. If we just look at hollywood films, whether you are talking about domes.

Financial projections are estimates of the future economic performance of a proposed business or venture. Well help you conquer the numbers with this easytofollow guide to forecasting revenues and. The microsoft excel film financial projections and comparable films template walks you through analyzing your film, movie production costs and easily allows you to add financials directly into your independent film business plan. Most independent filmmakers do not research and utilize realistic sales projections when developing their business plan, or worse, they do not use sales projections at all. Financial projections provide the prospective investor and the film producer seeking investor financing with an additional point of discussion and they serve as an excellent exercise for the producer in helping him or her to understand how film revenues might flow back to the financing vehicle, the producer group and the investors. May 16, 2018 a sales agent will be able to provide you with some sense of the estimated value of the film before he or she brings it to the film market and festival circuit. How to make business revenue projections your business. Realizing that vod sales projections are bs is essential for your success. Film income projections designed just for indie filmmakers. With vod sales projections, you can find the marketing formula that works for your movie and crunch your numbers until you find a scenario that brings you profits. Importance of sales projections for your independent film. This stepbystep guide shows you how and where to find film funding, grow your audience and get your film into production.

He has a very different argument about how useful vod sales projections are. He uses traditional internet marketing techniques to try and forecast the revenue of a film based on the conversion rates of the films advertising and promotion budget to direct. Finally, plugwhen agents seek to own their own franchise, go independent or run a team on their own, what are the. By contrast, the biggest film of that week, the croods, was playing on 553 screens across the uk. For an independent film, a common scenario is one where the distributor takes a distribution fee off the top of the incoming revenue, followed by recoupment of their advance and marketing expenses, followed by a split of any remaining net profit. In this short tutorial we discuss the various foreign sales revenue streams for independent films. This involves developing or obtaining revenue projections. In depth view into independent film development revenue quarterly including historical data from 2010, charts, stats and industry comps. Create a plan that included your marketing costs in your budget. As a key part of writing a business plan for independent film, a filmmaker must. The release also discusses the impact on economic growth rates and federal stimulus monies that are projected to flow into the state economy.

There are so many books available for the independent filmmaker and producer. With substantial revenue sometimes well above 50 percent coming from exploitation outside of a films home country, it is vital that producers know how to target and then structure deals with foreign sales agents. Our guide to worldwide sales estimates for independent films. Facebook beat wall street revenue projections with user. These plans include projections for domestic and international feature film revenue that encompass theatrical, home entertainment, tv, streaming merchandising, and music windows.

The business of film making a film is a business and you need to follow a process to make a profit for yourself and your film investors. Establishing realistic revenue projections for your film virtual seminar. Independent film marketplace revenue streams cast, producing and directing teams biographies for all the key players in the film financials risks risk budget control budget financial projections break even, small, average, strong, hit in an easy to read table timeline domestic theatrical release. In this virtual seminar with film specific founder stacey parks, we look at how to establish realistic revenue projections for your film from assessing your projects elements to responsible budgeting to how to use projections as a baseline to build a sound financing plan for your film. Synchronization, or sync licensing, has been a nichebutgrowing revenue stream for independent artists for years, and lucky bands can earn handsome payouts on the right deal. Leading distributors of uk independent films in the uk and ireland 2018, by releases. Jun 05, 2017 film distribution strategies to use when financing your movie jun 5, 2017 entertainment finance how an independent filmmaker chooses to make a movie is often dictated by access to money more than any aesthetic sensibilities. Film distribution strategies to use when financing your movie jun 5, 2017.

Convince your investors with film revenue projections that will estimate the income your film can generate, details expected before investing in a film. What the sales projections say about what the film should cost to make, will suggest the right budget and the right distribution strategy to use for your level budget and type of movie. Sales projections for your film project are absolutely necessary so you can properly budget your project, raise the necessary financing, and ensure your chances of paying your investors back. Since 1937, our principled research, insightful analysis, and engaged experts have informed smarter tax policy at the federal, state, and global levels. Establishing realistic revenue projections for your film virtual seminar most filmmakers approach filmmaking with a build it and they will come mentality. The insiders guide to independent film distribution. Jun 25, 2019 revenue projections show profit potential. Yes, occasionally a spike or quentin becomes hot and then they can play with the big guys. Alaska ends film tax credit program tax foundation. It is fairly common for large studiobacked films to get a much larger release than smaller, independent feature films, in part because the uk is one of the most costly regions in the world to release a film theatrically. This article originally appeared in our summer, 20 issue. Film financial projections template film income projections. With these major revenue sources the fiscal year 2008 budget was based on estimated 2. Convince your investors with a comprehensive film revenue projections package.

Film distribution strategies to use when financing your movie. The global value of the recorded music industry will nearly double over the next five years thanks to the worldwide explosion of streaming and universal needs to shake off vivendis ownership to take full advantage. Mar 27, 2015 the global value of the recorded music industry will nearly double over the next five years thanks to the worldwide explosion of streaming and universal needs to shake off vivendis ownership to take full advantage. This excel template walks you through analyzing your film, comparing it to other films, movie production costs and easily allows you to add financials directly into. Choose which film grant best suits your independent film and then apply for film funding directly. An independent house can also decide to rent a distributor for a fee but maintain more of the upside from the revenue streams. May 30, 2014 an analysis of internet trends in 2014 for independent films commerce headline. Apr 04, 2018 realizing that vod sales projections are bs is essential for your success.

Comparable pictures reports, projections of potential income, audience analysis, cash flows, statistical analysis and custom studies, and more. The value of all common equities is closely tied to the earnings power of their issuers. It is important to have a clear idea of where the movie will be released and how it will. Sales projections for your film project are absolutely necessary so that you can properly budget your project, raise the necessary financing, and ensure your chances of paying your investors back. Revenue projections the major revenue sources for the city are sales taxes net of economic activity tax payments, property taxes, water sales, sewer charges, payment in lieu of taxes, utilities franchise fees, landfill tipping fees and water tap fees. And i am going to explain how you can use your new found understanding for good, very soon.