Wednesday May 29, 2024

The Secret to Getting Your Film Funded

Welcome to another exciting episode of the Filmmaking Stuff podcast with your host Tom Malloy. This episode reveals a valuable secret to secure your film's funding before you hit the production phase. This episode addresses a significant issue that frustrates many filmmakers - how to find initial funding for their projects. Find out why you should never rush into raising the full production budget without first securing your development fund.

Discover what development financing means and how it can change your movie-making journey. With real-life examples, learn how a development budget, no matter how small, plays a crucial role in realizing successful films – even with big-budget ones. The episode breaks down the components of the development budget, including producer fees, legal paperwork, LLC setup, and more, explaining why each is a vital part of your pre-production process.

Get expert insights on how hiring a casting director can take your project to the next level. Plus, find out how the extensive casting lists provided by professional casting directors can narrow down the most suitable and available actors for your indie or studio film.

This episode also covers the importance of using development funding to attend film markets and how these events can enable you to pick up a sales agent or distributor. Learn how to engage initial interest in your project, showing potential partners who you are aiming to attach to your project as a significant step in securing film finance.

Understand the intricacies of development financing, and how the calculated risk entailed makes it a much safer form of investment. Explore why the journey to making a $3 million film starts with a much less daunting $50,000 in development funds. Whether your first investor opts for a simple payback once the film's fully financed or desires an along-for-the-ride experience with an executive producer credit, development financing covers all bases.

Tune into the Filmmaking Stuff podcast with Tom Malloy for more exceptional tips, tactics, and inspiring stories. Let your film creation journey begin today.

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