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Payroll, Finance & Insurance

Hollywood’s Summer Box Office was Boffo, Despite Big Flops

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The biggest Labor Day moviegoing weekend of all time, estimated at $150 million, capped a record box office summer.

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Production Incentives Boost Economies and Production Power

productionincentivesSince the early 1990s, the offering of production incentive has been the most logical way to attract film and television productions to a community — and the lack of financial perks could lessen the chance of boosting these local economies. These incentives mainly consist of tax benefits from local governments to encourage production in their region. They first surfaced in response to the flight of U.S. film productions to other countries, including Canada which adopted its own production incentive program. U.S. states have since offered increasingly competitive incentives to lure productions away from other locals, with the type, size and structure of these incentives varying from place to place. Many incentive packages include tax credits and exemptions, while some offer other perks like cash grants and fee-free locations.

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Pushing Pilot Season

 
nbc_logoAfter a lackluster 2012/13 television season that was sparse on new hits, the broadcast networks have increased the number of pilots ordered in hopes of striking gold.  According to a report filed by Nellie Andreeva of Deadline.com, ABC, CBS, the CW, Fox and NBC have a combined order of 98 pilots, including straight-to-series orders, making for a 14-percent increase over last season.
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NBC Makes Gains for a Younger Future

nbc_peacock_smIn the past, NBC’s peacock network ruled the roost. But in the new age of cable programming and DVRs, the network’s struggle has been the focus of Robert Greenblatt’s two years as chairman of NBC Entertainment. During the last NBC executive session at the Television Critics Association panel in Pasadena, Calif., Greenblatt gave an honest report on the state of the network. “What a difference a year makes,” he stated, noting that 2011’s fall season was bad.
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Film Finance in the Digital Age: Getting Your Film Made with a Click or a Chat

 

 
pre_finance_christopher-neil-director-goats_creditbill-neillThe process by which studios finance their films is often shrouded in mystery. While it’s known that studios self-finance, they also structure funding from outside sources and private equities. Indie films usually take a different road to production. In the ever-changing world of American independent projects, these filmmakers realize that funding can come from a multitude of different places and their films can be seen in many different ways.
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