Film Financing and Funding Feb. 2016 | Page 21

Three Ways to De-Risk Your Film Finance By Elliot Grove With the long winter nights closing in coupled with daily news of impending economic doom, it's easy for independent filmmakers to consider throwing in the towel and seek alternative paid work. A meeting with a potential equity investor these days is rarer than the proverbial needle in the haystack. And the first concern of any investor is surely going to be: "What's my downside". Despair not. Forward-looking filmmakers can easily answer that question. There are 3 key ways a filmmakers can de-risk a project: 1. The Power of Genre Picking a script that contains a strong identifiable genre makes a film more interesting to distributors immediately. Learn how genre works. Learn how film distributors around the world use genre as a hook to market movies. Learn how audiences choose their movies by genre. Get a sales agent to estimate the income stream that your movie can generate. Then present your derisked project to investors. 2. The Power of Talent People don't pay to see films. They pay to see movies. The quickest way to turn a film into a movie is by using an actor with star power. The more visible the actor, the quicker they turn your film into a movie. Of course, that can raise the budget too. It also raises the potential income of the movie. Do your research and hone your business plan. Present your project to talent and get them excited about participating in your film. Th [