Latest / Bulletproof Screenwriting™ Podcast / BPS 372: How NOT to Lose Money Producing Indie Films with Anne Marie Gillen
Transcript
- 0:03You are listening to the IFAH podcast Network. For more amazing filmmaking and screenwriting
- 0:08podcasts, just go to ifagpodcastnetwork dot com. Welcome to the Bulletproof Screenwriting Podcast,
- 0:14Episode number three seventy two. There's an electrical thing about movies. Oliver
- 0:20Stone broadcasting from a dark, windowless room in Hollywood when we really should be
- 0:26working on that next draft. It's the Bulletproof Screenwriting Podcast, showing you the
- 0:31craft and business of screenwriting while teaching you how to make your screenplay bulletproof.
- 0:35And here's your host, Alex Ferrari. Welcome, Welcome to another episode of
- 0:41the Bulletproof Screenwriting Podcast. I am your humble host Alex Ferrari. Now,
- 0:45today's show is sponsored by Bulletproof Script Coverage. Now. Unlike other script coverage
- 0:51services, Bulletproof Script Coverage actually focuses on the kind of project you are and
- 0:57the goals of the project you are. You break it down by three categories,
- 1:00micro budget, indie film, market, and studio film. There's no
- 1:04reason to get coverage from a reader that's used to reading temp pole movies when
- 1:08your movie is going to be done for one hundred thousand dollars and we wanted
- 1:11to focus on that. At Bulletproof script Coverage, our readers have worked with
- 1:15Marvel Studios, CIA, WME, NBC, HBO, Disney, Scott Free,
- 1:22Warner Brothers, The Blacklist, and many many more. So if you
- 1:25need your screenplay or TV script covered by professional readers, head on over to
- 1:30covermiscreenplay dot Com. Now, Guys, today on the show, we have
- 1:36award winning producer and Marine Gillen, who has produced films with Morgan Freeman,
- 1:41Gene Hackman, films for Universal Studios, worked with budgets from a million dollars
- 1:48to twenty five million dollars, and so much more. She is also the
- 1:52author of the best selling book The Producer's Business Handbook, The Roadmap for the
- 1:57Balanced Film Producer. Now, Anne and I get into the weeds of what
- 2:01it takes to be a producer, what it takes to get an independent film
- 2:07off the ground, and how to avoid many of the pitfalls that young and
- 2:12inexperienced film producers and filmmakers fall into all the time. So, without any
- 2:16further ado, please enjoy my conversation with Anne Marine Gillen. I'd like to
- 2:22welcome to the show, Anne Marie Gillan. How are you doing, Henri,
- 2:24I'm doing great, Thank you so much, Alex. I just have
- 2:30both of my vaccinations and past my two week incubation periods, so I'm almost
- 2:35normal almost. I'm my wife and I are just almost there. We're in
- 2:39the go f yourself category right now, but we're almost. We're almost to
- 2:46the edge. We're like and it's so sad for us because we're just right
- 2:49on the border of like, no, not yet, not yet. But
- 2:53as of this recording, in about a week or so, we should be
- 2:54able to jump on beautiful. So it's been a crazy it's been. It's
- 3:00been a crazy year and change. It has affected not only the world,
- 3:07but it's just thrown our business upside down and the way we do business as
- 3:13the way we consume content, the way we release content. I think the
- 3:16ripple effects of what has happened in our industry will be felt for years to
- 3:22come, from the theatrical experience to streaming. I love to hear, just
- 3:25really quickly what you think of where we are right now and how how you
- 3:30think this is all going to kind of shake out, because we're in the
- 3:34ripples still, we're not out of the ripples, and we're still in the
- 3:37ripples. Yeah, absolutely, but I think more than anything is especially with
- 3:42how we consume. I think was because of COVID was just launched very quickly,
- 3:49five ten years ahead of the game plan. But it's where we were
- 3:52always headed, so that didn't surprise me too much. It certainly affected that
- 3:57the optical way more than we would have if we hadn't have had COVID.
- 4:00But I do believe that will come back to a certain level, but much.
- 4:06Yeah, the theatrical will, I don't think, you know, I
- 4:11think when it comes to the indies and documentaries and things like that, I
- 4:17think it will be pretty much staying with the streaming. But the big event
- 4:21movies and visual effects kind of immersive movies I think will come back very strongly
- 4:29when we can all go back to the theater because we all desperately miss it.
- 4:32Oh I miss I miss going to the theater. But I don't know
- 4:34when I'll feel comfortable in the theater again. It's going to be a really
- 4:38that I call it the hangover, the COVID hangover of just like being in
- 4:43a room with someone else without a mask on a handshake. You know.
- 4:46I was a hugger back in the day I was a hugger, Like you
- 4:49know, you're like, hey, you say goodbye, you say hello,
- 4:51I'm Latino. So this is the way it is, so you know,
- 4:56you know, it's just like ah, you give up a hug and you
- 4:58know, and you say goodbye. So so it is a it's gonna be
- 5:01interesting. I think we're gonna still be feeling this for the next few years.
- 5:04I don't think the movie, I don't think the theatrical experience will ever
- 5:08come back to its hype prior. And it's been going down steadily. I
- 5:13mean, if it wasn't for if it wasn't for Marvel, take Marvel out
- 5:16of the equation for the last decade, take Disney Marvel out. But where
- 5:20why the numbers have stayed up is because the cost of the ticket has gone
- 5:25up. Right, It's like missions have been slowly, kind of steadily,
- 5:30just ever so slightly going down. So it's gonna I don't think you'll ever
- 5:33I don't think you'll ever come back up. I think it'll eventually eventually turn
- 5:36into a Broadway scenario where it's event films only, like right, like I'm
- 5:43not going to I'm not going to the theater to see a comedy right now,
- 5:46like it's not really necessary, but I will go see an event movie
- 5:49or big action extravaganza or exactly, or something that's cinematic like Joker, even
- 5:55though Joker wasn't a like a huge blockbuster like Action Packed. It was essentially
- 6:00Taxi Driver, but it was, but it was, but it was cinematic
- 6:05and I wanted to go see it there. So right, right, there's
- 6:10certain I think you're absolutely right. But I don't think those numbers will go
- 6:13back up to where they were, And that's okay. I don't think we
- 6:15have to bemoan that so much. You know, there's still you know,
- 6:19the good news is there's so many more outlets for us producers to go to
- 6:26now that weren't there before, and the competition is fierce and the whole you
- 6:30know, I got to have a theatrical release mentality I think has fallen by
- 6:34the wayside pretty strongly, very strongly. It's not it's not as sexy as
- 6:40I mean, don't get me wrong. Look, it's still of a Filmmakers
- 6:43of a certain generation will always have a reverence for the theatrical experience and my
- 6:49generation maybe the generation behind us, but like my kids, or the kids,
- 6:54or like the generation the teenagers. Right now, it's not as big
- 6:58of a deal as it is to my generation, your generation generation behind me.
- 7:01It was just like, oh, you're not a real filmmaker unless you're
- 7:04up on the screen. And I think film festivals will fill that space even
- 7:11more so. The idea that your film is premiered at aval in a theater
- 7:15to have that kind of experience will help replace that, and I think film
- 7:19festivals will grow even more so because of that. You remember when people filmmakers
- 7:25was like, well, you're not a real filmmaker unless you shoot film.
- 7:28Yeah, that's gone now, right exactly exactly Now it's like, I need
- 7:32to get a theatrical but I premiered on Netflix, and now you know,
- 7:38one hundred million people just watched my movie exactly, far more than they ever
- 7:42would going to the theater. Oh absolutely. I had a filmmaker on the
- 7:46other day who directed the amazing documentary called The Last Blockbuster, and he Taylor,
- 7:50he got a Netflix deal, which is ironic and brutal in so many
- 7:56ways. That Netflix is premiering and it's a huge hit, and he's like,
- 8:00it's out, so many people are going to watch that film that would
- 8:03have never seen it. Other we've never seen it before, especially when it
- 8:07comes to a documentary or I'm real big into social impact entertainment right now,
- 8:13and it's really if you really believe in those things, it's about eyeballs,
- 8:20not about opening in the theater or opening streaming or opening film festival or whatever.
- 8:26You've got to get the eyeballs in order to change the attitude, to
- 8:28get the dialogue going, to get them from apathy to empathy and into action
- 8:35about whatever the topic is. So absolutely so we went on a tangent.
- 8:39So let's start, actually, how did you get it? How did you
- 8:41get in the business. Well, I hail from Minnesota, Minneapolis, Minnesota,
- 8:48and I always was a performer. In high school, I did every
- 8:54play and I majored. I was an acting major in college and came back
- 9:00to the Twin Cities and did the whole theater, seeing the goth three and
- 9:03children's theater. I then focused on my dance side of things, and I
- 9:07was in a dance company and a choreographer, So that was my whole life.
- 9:11And one winner, I just felt like I was hitting the glass ceiling
- 9:18here and it was about as good as it was going to get and I
- 9:22really wanted the next and the new challenge. And it was the middle middle
- 9:24of a very cruel, cold winter, and so it was like, Okay,
- 9:28it's either probably in New York or LA. You know, Chicago felt
- 9:33more like a lateral move, and I thought, well, it's the middle
- 9:35of winter, I know nothing about LA. Let's go check it out.
- 9:39So I got my car, five hundred dollars in my pocket, clothes in
- 9:43the back seat, and I drove out to LA. I didn't have a
- 9:46job, I didn't have a place to live, I didn't know anybody.
- 9:48My mom called her cousin. They let me stay there, and that's kind
- 9:52of started the whole thing. We'll be right back after a word from our
- 9:58sponsor, and now back to the show. And when I first landed in
- 10:07LA, I you know, got my agent and tried to do the whole
- 10:11acting thing. But I began to realize very early on that being a producer
- 10:15was where it's at because then you have more control over your life. Yes,
- 10:20you know, at least you can be working on things and making things,
- 10:24rather than as an actor, you're always waiting for somebody to hire you.
- 10:28Yeah. Yeah, giving permission to do my work, and actors in
- 10:35Minneapolis were very still are you know revered? You know you have a craft
- 10:41and a talent, and you know in La it's like you say, you're
- 10:45an actor, you know, well where do your waitress? Et cetera.
- 10:48So it was I just didn't like the feel of it. So I thought,
- 10:52okay, I got to teach myself how to be a producer. How
- 10:54do I do that? So I started producing a workshop on how to produce
- 11:00film and it was a couple hours a week and it ran for ten weeks,
- 11:05and I would start with development and then go into financing, and then
- 11:09the production side of things, and then the marketing and the distribution. And
- 11:15of course I didn't teach it. I just produced the event. And so
- 11:18I had to hire or ask guest speakers to come in each work who were
- 11:22experts in those areas. So I started combing the trades and find people that
- 11:26were that and I would ask them to come and speak. So I built
- 11:30up my rolodex. I made a little money because I produced it, and
- 11:33I of course took every course, and I did it for like two years.
- 11:37Every ten weeks, do it again, and do it again, and
- 11:39do it again. So that basically was my BA and filmmaking. And then
- 11:43it was time to get into the real world. And I wanted to since
- 11:46I was mainly a creative I wanted to work with an assistant to a producer
- 11:52or a writer or a director. And I couldn't get hired. And finally
- 11:56I was offered a job as the executive assistant to the president of a distribution
- 12:00company. And I didn't know anything about it, but he just needed somebody
- 12:05very organized and talented like me. So I took the job. He offered
- 12:09it to me, and it was with a company that no longer exists,
- 12:13but they should have been the next another Mirror, Mirror Max or new line.
- 12:18It was called Mdale. I remember him Dale, of course, I
- 12:20remember him Dale. In the eighties, late eighties. Oh my god,
- 12:24they were they released, They released a bunch of great I worked in a
- 12:26video store in the eighties in the nineties, so I remembered the logo very
- 12:31much. And you had and you had you didn't have sleeves, you had
- 12:35the plastic boxes on the VHS's. I remember, wheah, I remember.
- 12:41So the three years that I was there, we won. I don't know
- 12:45twelve Academy Awards Platoonador. So there I am, this little pean, you
- 12:52know, with my ears glued to the phones and to the meetings, and
- 12:56I just sucked it in and just it taught me as a producer that fifty
- 13:01percent is making your movie and fifty percent marketing and distribution. And you've got
- 13:05to focus on the marketing and distribution and who your audience is when you're in
- 13:09development or even before you've been optioned anything, and put your time and money
- 13:11into it. And another thing that it really taught me began to teach me
- 13:16that it was film financing. They pioneered or one of the pioneers of the
- 13:22model where you would put up your own p and A and do a rent
- 13:24a system. And back then, like you were just saying you worked in
- 13:28the video store, if you could guarantee a certain level theatrical release with the
- 13:33p and A commitment, you pretty much got fifty to seventy five percent advance
- 13:37for your home video. Because they was desperate for any anything video stores,
- 13:43so the majority of their money went into the print and advertising and renting a
- 13:50studio system to release their movies. And then if there was a shortfall,
- 13:54they would put some money into the production side of things. So when I
- 13:58left and started my first company, that was my business plan. I just
- 14:03pretty much replicated that business plan. And at the time, the money was
- 14:07coming out of Asia, and I found a Japanese investor, very wealthy Japanese
- 14:13investor was kind of the Bill Gates of Japan and he bought into this concept,
- 14:18which was smart and what was happening then. And you know, he
- 14:24was my financial business partner. And that's how I made my first movie,
- 14:30executive produce my first movie, which was Fried Green Tomatoes. And it was
- 14:35one of those projects that you know, when I read it, you know,
- 14:39you laugh, you cry, you wonderful, I remember it. It
- 14:41was it was. It was a wonderful ful thing. But you know,
- 14:46it was like, well, it's a female driven project. It really doesn't
- 14:50have major stars. Oh you've got the race story. It's it's a period
- 14:54piece, and yes, it's beautifully written. But no, so they weren't
- 14:58able to get it made. So I came on board and I said,
- 15:01I'm going to roll my company on this and because we could get and then
- 15:05we went to Universal for the theatrical release, doing a rental system with me
- 15:09putting up the P and A and eventually when they started seeing the dailies and
- 15:13everything, they went back and renegotiated, bought us out of the P and
- 15:18A position, and the rest pretty much as movie history from there. Yeah,
- 15:22that was and that was released by Universal, if I remember Universal.
- 15:24Yeah, so that was a that was a big I remember that was a
- 15:26big release. It did very well on our on our video store. It
- 15:30did very well at our video store, my mom and pop video store,
- 15:33doing very well. It's it's yeah, it's amazing that. Yes, to
- 15:37this day, it's still probably getting getting nice residual checks coming in. So
- 15:41that's that's remarkable. Now, you also wrote film. Now you also you
- 15:46wrote a book called the Producer's Handbook. Right, it's called the Producer's Business
- 15:52Handbook, Okay, and I think it's it's fourth, third edition, third
- 15:58edition, I forget, but yeah, so it basically through all this there,
- 16:07you know, by putting that course together, by being at Hemdale when
- 16:11I was, and by having to do this business plan and all this financing.
- 16:18I had to learn it all. Nobody taught me that, and it's
- 16:19really hard to learn it even in school to this day. The financing side
- 16:25of it. So throughout the years, I just had to, you know,
- 16:30educate myself to this. And I remember when I was at Hemdale there
- 16:37in house, attorney left and so I said, Weston in all the meetings
- 16:41and take the note. So in all the legal meetings I was there and
- 16:44I would just quietly take notes, and then I'd call my dad, who
- 16:47was an attorney, and I go, damn bro Rada Perry, pursue,
- 16:51how do I spell it? What's it mean? And you know, just
- 16:55began to learn the language of film financing. And so once I became more
- 17:03of an expert in this arena, I thought, you know, I don't
- 17:07want to It shouldn't be that hard to get this information. So, you
- 17:11know, put this book together with John Lee. He had written the first
- 17:15edition, and we did the second and third, and it's it's, you
- 17:19know, with what's going on in the last three to five years, we
- 17:22still need to do another edition. You keep it up today. But a
- 17:26lot of the stuff still has stayed the same. You know, there's still
- 17:30pre sales and estimates and completion and and you know, so yeah, so
- 17:37I get I, yes, there is certain things that have stayed in place.
- 17:41But in today's marketplace. You know, from my experience in the business,
- 17:48the sales and the distribution side of things, sales have just really dried
- 17:52up in a way that when I say dried up I mean it's like like
- 17:56in the eighties people were printing money. In the nineties and the early two
- 18:00thousands, just like Sniper seven. Yes, just put out Sniper seven.
- 18:06It's already pre sold and you've got three million on DVD. Like, those
- 18:10days are so gone, and the marketplace is shifting so much now that unless
- 18:14you have really bankable, like extremely bankable stars and genres, it's almost impossible
- 18:22to really recoup money. So as a producer, from what I've seen in
- 18:26the distribution space, there are certain genres, there are certain talent, you
- 18:32know, excluding the anomaly, excluding the Sundance whatever or the foom Festival darling.
- 18:38That really doesn't even happen as much as it used to back in the
- 18:41nineties. So how do you, as a producer in today's world kind of
- 18:47guarantee because even pre sales, again without the proper star and genre, because
- 18:52you could put Nicholas Cage in a certain kind of genre, doesn't sell nearly
- 18:56as much as if you put them in an action or something like that,
- 19:00or stallone in a drama doesn't really move the needle as much. So i'd
- 19:04just love to hear your take on that. Well, you're right, and
- 19:10that's the end of the podcast and scene we're done, and that's the end
- 19:12of it all right, But you know, it's always something. I've been
- 19:19doing this for twenty five plus years. It's always something. So you just
- 19:25got to pivot. You just got to learn the new way and pivot.
- 19:29And so right now, I would say, you're absolutely right. You need
- 19:32a certain level talent, and that talent has to be right for the genre.
- 19:36You gave a perfect example. You have to have the right budget level
- 19:40for the reasons you're talking about. You know, are you going to be
- 19:44able to get any pre sales in at what budget level is that? You
- 19:48know? So all those things come into play. So certainly as somebody that's
- 19:52more about quality than like just straight horror or something, we'll be right back
- 19:59after a word from our sponsor, and now back to the show. You
- 20:08your quality versus product, uh, And there's a balance between the two.
- 20:12Carry the two balance not occur as balanced producer. Okay, so you've got
- 20:18it, and it's a three legged stool. You got to give equal to
- 20:22the creative and the distribution and the money, and anytime one outweighs the other,
- 20:26it's somehow lopsided. So you know, how do you creatively answer those
- 20:30problems? So, for as an example, when I go for casting,
- 20:34you know, there's there's me and my director's wish list. You know,
- 20:38there's the casting people that come up with interesting ideas, and I kind of
- 20:42combine the two. And then I go to my international sales agent. I
- 20:45go and they give me there and they're totally different. And so you got
- 20:48to figure out what's the right balance for that movie and that marketability. And
- 20:55then and there's also like a bit of delusion I found because I do a
- 20:59lot of consulting and code distribution, and there's filmmakers who come out with they're
- 21:03like, look, I've got I want to get in Nick. I'm gonna
- 21:04just use Nick as an example. I want to I want to get Nick
- 21:07Cage involved. I'm like, okay, And I know producers and directors who
- 21:12have have gotten Nick on a five million dollar movie, six million dollar movie,
- 21:18and in certain genres kind of like a horrorsh action genre and that works
- 21:22at that budget level. But a lot of times they'll like come up with
- 21:26an idea and they want Nick involved, and like it's gonna cost you forty
- 21:29million, and I'm like, no, that that star at that budget range.
- 21:33There has to be more than just Nick attached for that to make sense
- 21:37financially. There has to be other casts. The director needs to have some
- 21:41sort of presence, you know, like a Joe Carnahan can can't bring out
- 21:45a movie at forty million dollars with you know, a Frank Grillo and you
- 21:52know, a a Nick Cage like that. That that monitor makes sense because
- 21:56of the pre sales that those guys come up together and then Joe and his
- 22:00thing. That's the and that package is that that package is sold before they
- 22:04ever start shooting, Like yeah, and you saw that with the recent Berlin.
- 22:10You know, there are certain announcements that I every territory sold out,
- 22:14and you and whether you know what the movie is about or not, you
- 22:17just kind of, like you said, you see the package. So when
- 22:18somebody says, what is your package, you know that's what they're asking for,
- 22:22you know, And it's so important that you understand what the finance plan
- 22:29needs to be, what the budget level needs to be, what level cast
- 22:32it is, you know, where the genre fits in the marketplace, and
- 22:34they all have to meld together in the right, perfect magical combination. And
- 22:41you and I've been doing this twenty five I don't even know. I don't
- 22:45rely on my opinion, you know, you know, I get a casting
- 22:49director's opinion, I get the international sales agent's opinion, I get you know,
- 22:55I work with them, and what are the estimates and you know cast
- 22:57and how does that? And diversity now is another huge thing, you know,
- 23:02which is wonderful. I mean, one of the most recent conversations I
- 23:06had was with the sales agent, as we're going to have to replace one
- 23:11of our people, and it's all, give me diversity, give me diversity.
- 23:12And it doesn't need to be a big name, but it needs to
- 23:15be diversity. And you know, it's interesting. So I've got Native Americans,
- 23:22I've got you know, Asian, you know, and it's really wonderful
- 23:26to be able to give, you know, to really cast that way with
- 23:30those opportunities. But I think I think before, like again, in the
- 23:36eighties and nineties, you could be a sloppy producer, meaning that you could
- 23:40just kind of like, you know, you had such a cushion that money
- 23:45was almost guaranteed if you had just this or that, and you didn't really
- 23:48need to be that good honestly, because I remember the movies that I saw
- 23:53in the video store in the eighties and nineties were garbage, and they were
- 23:56and they were making bank. And when DVD showed up, I mean,
- 24:00my god, the money was just flying. I mean it was just literally
- 24:03like I always use Sniper seven as an example because they made so much money
- 24:07with the Sniper, the Sniper franchise, and they were bad movies, but
- 24:11you know, they brought they brought Todd out to Tom Tom Berengs are out
- 24:15every you know, a few years and they're like, yeah, here's here's
- 24:18a mill, let's go do this. And that's one thing and another thing
- 24:22is too what makes sense today. So let's say it right now. A
- 24:27certain actor is hot, Well, when you started that movie, he might
- 24:33have been hot, but something might have happened in the next twelve months.
- 24:36And a perfect example is I had I had producers. I won't use the
- 24:38actor's name, but a lot of people I've spoken about this actor before.
- 24:41Nothing against the actor he's an actor who works a lot, and he's not
- 24:45a huge star, but he's a name and a face, and he's bankable
- 24:49to a certain budget. But he made that year seventeen movies. So when
- 24:55his movie came out in the marketplace, he'd go to distributes like I already
- 24:59got three of him. I'm good this year, like I already got it.
- 25:02So he's diluted his value, and the producer was they're holding holding the
- 25:07bag. So there is that that whole thing because if tomorrow morning Nick comes
- 25:11out and makes thirty movies next year, which by the way, Nick Kitch
- 25:15could possibly do thirty movies, his value in the marketplace might I'm not saying
- 25:19he is. He doesn't do that many. He doesn't happened all the time,
- 25:23you know, where people just do too much. But there are still
- 25:27sloppy producers. But the producers are not making the money back for the investors,
- 25:33and they're just taking you know a lot of innocent investors, you know,
- 25:37and taking their money and running and knowing they're not going to be able
- 25:41to, you know, get their money back. But you know, it
- 25:45just drives me crazy. Is why investors think this is such a high risk
- 25:49horrible business to be in because so many slappy producers or not just you know,
- 25:56just kind of pie in the sky, just I got to make my
- 26:00movie and they're not the balanced producer, and then not understanding what the audience
- 26:03is and what the market will allow, and trying to keep it all in
- 26:07check. Oh, the delusions that are out there with filmmakers and producers.
- 26:11Sometimes it's like, look, if you want to make an art film,
- 26:12make an art film, you know, And yeah, you know, I
- 26:15made my first film for five grand I sold it to Hulu, and I
- 26:19sold it to Hula, licensed to Hulu, sold sold some foreign territories with
- 26:23it. It was fantastic. It was an art film. It was an
- 26:26experimental film. I didn't really know what it was, like, how is
- 26:30it going to turn out? But at that budget level, who cares?
- 26:33But if I would have made that for two three hundred thousand, it would
- 26:37You can't. It's there's just a balance of again there's that word again,
- 26:41balance of what you if you want to make art, understand that there's a
- 26:45value attached to that art, right, and there's nothing wrong with that.
- 26:48Nothing make lucky and it may go through the roof and that's great, but
- 26:53you know you need I mean, another big term for me is risk mitigation.
- 26:57Yes, if you want to talk to investors or financiers or funders,
- 27:02that's a good term to use. You know, how are you going to
- 27:06mitigate my risk? You know, and pre sales tax incentives. There's there's
- 27:11a list of things that you can collection accounts. A lot of people don't
- 27:15know about collection accounts and it's just like one of the best things that you
- 27:18can offer an investor to Can you can you explain a collection checkount for the
- 27:22audience real quickly? Sure? It's it's basically a third party esceral account where
- 27:29all mainly it's international revenue, but it can be revenue for whatever your project
- 27:33is is then assigned to go into this ESCRA account, so it's protected.
- 27:38So all the stakeholders, whether they be net profit people, investors, mezzanine
- 27:45bank loan funders, whatever, they know that whatever revenue comes, it is
- 27:51protected in this third party ESCRA account and everybody signs off on the term it's
- 27:56called waterfall. Who gets paid in what order, what percentage and all of
- 28:02that. So there are two main companies out there that do that. Vintage
- 28:07House I've had them on the show and a Freeway Entertainment, and Freeways probably
- 28:15would do more lower budget movies, then Vintage might take on. So if
- 28:19you're in a lower budget range, I start with them and they'll take Sometimes
- 28:25if it's a really low low budget movie, they might take a fee off.
- 28:27You don't pay them up front, but the first revenues that come in
- 28:30they might take a fee and then it's one percent ish area or they just
- 28:36start at the one percent and they the first thing that they put aside is
- 28:41residuals, the potential residuals that are yes for unions. Yeah, so when
- 28:48you go to become a signator for saying, if you have a collection account
- 28:52set up, that can help you with putting up those very large residual bonds,
- 28:57et cetera. Because they know that it will be paid because they're holding
- 29:02that money for you. Plus it protects all the stakeholders. So it's just
- 29:06a win win all the way around. To have a collection account. It's
- 29:10wonderful. Here the word camp collection account manager, you know, et cetera.
- 29:15It's one in the same. Yeah, it's well, I have to
- 29:18ask you now, like how do you well, I want to ask you
- 29:21first, how do you raise development money? Because that's the hardest money to
- 29:26because there's no guarantee that there's anything even going to get made, So you're
- 29:30just basically rolling the dices an investor going Hey, I like this book that
- 29:37you have. We're going to develop it into a screenplay. I'm going to
- 29:40help you develop it into a screenplay. I'm going to get a piece of
- 29:41the action once this movie gets made. But how do you raise that kind
- 29:45of money? We'll be right back after a word from our sponsor, and
- 29:53now back to the show. Well, again, it's about being very balanced
- 30:03in your approach. You know, you use the very common term it's the
- 30:07highest risk of all the money, and I don't know if I would agree
- 30:10with you there. It's the lowest amount of money. It is risk.
- 30:14Manage it properly. It's not the highest risk. What you just talked about
- 30:18is making this movie for you know, twenty million, and that's a lot
- 30:22of money, and so I think that might even be a higher risk.
- 30:26But to answer your question specifically, producers nowadays are totally expected to come with
- 30:33a package, which means you need a powerful screenplay, you need to be
- 30:37able to hire legal higher casting director, do budgets and schedules, hire upm
- 30:44line producer. If you don't do that yourself. You know all these you
- 30:47know, beautiful look books and sometimes is a real or ripplematics and you know
- 30:52eteculty, and it all takes money, pay the writer and totally on the
- 30:57producers. Now, where before you could go I've got this great ip this
- 31:00book, and you know companies would jump not so much anymore. So you've
- 31:07got a couple of different options. One is to go to a company that
- 31:11already has development money or a first look deal with a network or a streamer
- 31:18or whatever. So, for instance, if it's a great book that you're
- 31:22going after and a really powerful lead, interesting role for an actress of a
- 31:27certain age, I go through a variety insight and find out who's got deals
- 31:33at all these different streamers or networks and the actress that would be actors that
- 31:38would be right for it. I do my research, make sure that they
- 31:42have a real production company. Many just have a name where you want to
- 31:48be sure there are people there, that they have a partner, they have
- 31:51a creative executive, and you know, then I try to pitch the creative
- 31:55of the executive and then they would bring it to their first look. So
- 31:57that's one model, and you can do that with directors, writers, showrunners,
- 32:02actors, et cetera. Then and the toughest model is you do it
- 32:07yourself and strap it. And I'm sure we've all done that on some level.
- 32:15And then there's the put the proper business plan together and get a development
- 32:19fund together, and you really have to, you know, again, risk
- 32:23mitigate the approach. So the way that I and it's really spelled out pretty
- 32:28a whole chapter of it is in the book about development financing, and you
- 32:34want to do it in steps. Okay, so you put together a finance
- 32:40plan or costs of what you think you're gonna need. So there's legal,
- 32:45there's the writing of the screenplays, there's casting director, there's a UPM,
- 32:49there's visual materials, there's all that line item stuff. I don't like to
- 32:53put too often money for myself because that's my skin in the game. And
- 33:00so you know, if I wouldn't approach that, oh great, I'll be
- 33:05able to live off this money while I now I'm a real producer as I
- 33:07developed, that's a little difficult, but you can put something in there for
- 33:12that and then you make sure that each step with the way you're test marketing
- 33:19is so. The first thing that I do is I run comparables from the
- 33:24last five to seven years to see what else out there in this genre,
- 33:30in this level budget that I'm thinking of, director that I'm thinking of level,
- 33:35the type of casset, what has worked, what hasn't worked? More
- 33:37importantly, and why hasn't it worked? And I want to be sure that
- 33:42the way I'm planning all of this, you know, is fitting into the
- 33:47specificity of what the marketplace might allow for it. Once I've done that,
- 33:52I call that green light okay, and I run the numbers, you know,
- 33:54for the internal that's the concept of the internal green light, the eternal
- 33:58green light. That's right. So I track, you know, what the
- 34:01budget level was for that movie? How white at screen it opened on?
- 34:07What was the whitest screen it finally opened on, because that tells you the
- 34:12spread of the p and A. So did it open on five screens and
- 34:15then it went to three hundred. That's a whole different level than if it
- 34:17opens on thirty two hundred, and then that's the most it ever opens on
- 34:21because you're spending twenty five to thirty five million right out of the gate,
- 34:23just to opening weekend. So I track that what the genre is, what
- 34:29the level of talent is, director and lead cast, and I got to
- 34:32go to the year that it was released, not who they are now.
- 34:37So I've got to go back five seven years to contemplate who they are now,
- 34:40what the rating was, because you know, if I'm thinking I'm going
- 34:46to deliver a PG movie and all the comps I have our R it throws
- 34:52everything off. So and I look for the trailers that they use. I
- 34:57look for the visuals, the post and all the taglines. So I have
- 35:02this massive spreadsheet where I'm tracking like thirty comps with all this information, really
- 35:07educating myself to what this material, where this material might fall. And if
- 35:14I come up with numbers that look like I think I'm onto something really strong
- 35:17here, then I don't just rely on me. I go and vet it
- 35:21with a distributor, with an international sales agent, etc. And say,
- 35:24this is what I think I'm going to do. This is the global cast,
- 35:28and they go, yeah, that I can sell. You know,
- 35:30if you can deliver on this that I can sell, then I start spending
- 35:34money. But if I get no's in any one of those places. I
- 35:37stop and I find a different property that's going to get me. Yes this,
- 35:42And can you just tell everybody really quickly with these plans and these packages,
- 35:45a lot of times they use comparables to other films. So I've seen
- 35:51this way too many times, and please tell people to stop doing this and
- 35:53disagree with me if you like, if you're making a horror movie, if
- 35:58you're making a horror movie and you are putting together a package, do not
- 36:00use Blair Witch Project and paranimal activity, as this is what horror movies do
- 36:07to investors. Any smart money will just look at you and go get out
- 36:12of my office. Dumb money. Dumb money will take it. Dumb money
- 36:15might not, but it just shows me you're a peon. You don't know
- 36:19the business. And you know, if I would never use it as a
- 36:23comparable in my narrative part of my business plan, I might mention something like
- 36:29that if it's perfect, perfect, but I would never never use it in
- 36:34my financial comparables because it's just it's wrong, it's right, it's it is.
- 36:40It's like winning the lotteries, and the same with movies that win Academy
- 36:46Awards. It's like, oh yeah, my movie will win the Best Picture
- 36:49Academy Awards, So I'm going to do the same as this movie. Oh
- 36:52yeah, like Moonlight, Like my movie was shot in Miami and their movie
- 36:57was shot in Miami. So it's Moonlight and they won the Oscar and I
- 36:59can win the US first. Well yeah, that or or a Napoleon Dynamite
- 37:02Oh my god. Yes, le Cracking Awards and things like that as well,
- 37:07And so I try to get it down to the most realistic ten to
- 37:12fifteen that really fall there. Yeah, exactly. Now. One of the
- 37:16biggest problems producers and filmmakers have is that chicken and egg thing, which is
- 37:22attaching name talent to a project, something that's going to make give you the
- 37:29money, but then the name talent doesn't want to come on board until you
- 37:31have the money. So there's that chicken and egg thing. How do you
- 37:35approach how do you attach potential name talent to your project? Well, sometimes
- 37:42name talent won't regardless, that's just a fact, you know, or their
- 37:49agents won't let them, especially hot up and comers. Sometimes they take a
- 37:55little too much advice maybe from or let the handlers handle them a little too
- 38:00much so so that that there are there's nothing you can do about that,
- 38:06but what you can some of the things you can do. It helps to
- 38:09have a casting director, you know. It helps to have a very good
- 38:15attorney, recognizable firm, you know, recognizable and recognizable casting director helps too.
- 38:22Yeah, that's what I'm saying. Yes, And and the materials the
- 38:30first and foremost. It's about the material. You've got to have a great
- 38:35piece of material, great screenplay for a role that they want, not a
- 38:38role they've done and over and over and over again. I mean they want
- 38:42to real actors want to, you know, express themselves, take on something
- 38:47that they haven't done before. So a lot of times, I really if
- 38:52I'm gonna have to go out for actors at a very early stage and use
- 38:58them, I I want to think outside the box a little bit more so
- 39:01if they're known for comedy, but you know they've got the chops, offer
- 39:06like Robin Williams, you know, ye, Jim Carrey, you know,
- 39:10give them the opportunity in a role that's very dramatic when you know they can
- 39:15do it, they just haven't been given that opportunity. So they would come
- 39:20on board and for a much lower quote much lower, absolutely, because you
- 39:23can't pay them for you know, can't pay Jim twenty You can't pay Jim
- 39:27carry twenty million in the height of dumb and dumber to do that. But
- 39:30if you want to do Man in the Moon, you could probably get them
- 39:34sometimes for scale if they really really want to do it. Yea, it
- 39:37happens. And if the actor has a production company, it's a little easier
- 39:45because you're not necessarily going through the agent. You're going to the creative executive
- 39:50there and you know, and they're going to come on board as a producer
- 39:53and they'll have much more creative input and hands on. If I'm going that
- 39:59rough, we'll be right back after a word from our sponsor, and now
- 40:07back to the show. Well, I do this regardless, but you know,
- 40:12I really you know, are they on any boards, do they support
- 40:15any costs? Are they ambassadors or anything? What NOOT profits? Do they?
- 40:20Because again I like to focus on a lot of social impact projects so
- 40:24that you can do what's called the double bottom line. Not only is a
- 40:29role really great, but it's an issue that's important to them. So those
- 40:34are some of the key things that I try to do right and then there's
- 40:40also, you know, the harsh realities of like, well, who's the
- 40:44director, who's the producer? You know, just because you you might have
- 40:49the next pulp fiction, But if you have a producer who's never done a
- 40:52thing in their life and a director who's done one short film and won an
- 40:57award at the Moustaw Film Festival, which I don't even know if that's a
- 41:00real festival or not, but I want to go. I want to go
- 41:04to the Moose joh International Film Festival. But then there's that whole uphill battle
- 41:08and I've been there as well, and I've seen that as well, where
- 41:10you've got good material, but the team there's no confidence that the team ever
- 41:15can execute this. So there's that too. Yeah, so you got to
- 41:20take you know, I'm working with a couple of first time directors and I
- 41:29believe in then two D and fifty and they're great in a room, in
- 41:34a pitch, they can speak their passion and vision and you just you're you're
- 41:39on board, you know, you really, and and they've spent the time
- 41:45to put together the right materials to visually showcase what they can do. So
- 41:52if you're going to take on something with the first time director. As a
- 41:55producer, you know, they need to be of that caliber because it is
- 42:00it's you know, you do have a bit of an uphill battle, and
- 42:04you've got to be sure that once they get in the room or the zoom
- 42:07or whatever with potential talent, that they're they're able to close them and and
- 42:12they're they're going to say, I'm gonna feel confident in your head. You
- 42:15know what you're doing, you know, And a lot of times they are
- 42:17writer director, so you know the material. They can speak to the material
- 42:23better than anybody. And that's also if you can be a writer director.
- 42:28That's honestly the only real control you have as a director, especially for your
- 42:30first time you know, unless you own the property all out, they can
- 42:37they can throw you out under the bus so quickly. And I've seen it
- 42:40happen where the writer gets onto a producer and the producer's like, I got
- 42:44in the cage. But Nick can't work with with Bob because Bob. Bob's
- 42:49never directed anything. But Vick's got a director who he's worked with a bunch
- 42:52of times, and he wants to do the project. This is the reality
- 42:54of the business. So it's really important that as a producer, you have
- 43:00those tough conversations before you technically legally get into business with this writer, director,
- 43:07director or writer. It's you know, you've got to understand, I
- 43:12mean, where do you stand? Is this your rocky that if you're offered
- 43:15a million you're not going to walk away? And I need to know,
- 43:20you know, because because I'll want to take that million, yeah? Or
- 43:25is this something that if you were bumped to a producer and you've got credit
- 43:31and you've got your piece produced but you couldn't direct it, would you accept
- 43:37that? And sometimes there yes is and sometimes there's no. And I will
- 43:40move in either case, you know, depending on how I feel about that
- 43:45situation or that particular person. But you need to know that going in.
- 43:49You don't want to be surprised later or get stuck later at the mercy of
- 43:52yea unless you make that choice and you knew it going in. And that's
- 43:57only something you learn as a producer with time, because when you first starting
- 44:00out, you fall into all the tracks just you just laid out right there,
- 44:05every little scenario. I've already hit that. Those walls a ton of
- 44:07times. I'm sure you hit them when you were starting out and only with
- 44:10time do you understand, you know what I really need to have this conversation.
- 44:13This is it's to come to cheese, this conversation like it's like,
- 44:16look, this is the reality of what is happening. And my whole world
- 44:21of indie film whossle, my whole universe, is all about giving you the
- 44:23hard facts and truth because I'd rather you hear it from me than when you're
- 44:30sitting in a room and someone just pulls the wool right under right from underneath
- 44:35your feet, the rug right undneath your feet. Would you say I always
- 44:37say this, I'd love to hear if you agree. I believe that My
- 44:43philosophy of this business is that every single person, no matter if you're Steven
- 44:49Spielberg, Skubrick Hitchcock or the lowest film student, all of us are going
- 44:53to get punched in the face, period, And we're gonna get punched in
- 44:58the face multiple times in our careers. And they're gonna come fast, they're
- 45:02gonna come hard. Sometimes you won't see them coming. And it's only with
- 45:07time and hopefully some knowledge that it's not the question if you'll get hit,
- 45:12it's a question when you'll get hit and how you'll get hit, and you
- 45:15have to start learning how to take the hit, especially early on, and
- 45:19keep going forward. And then as you get older, you might get a
- 45:21little good wildly and you can start getting it to slip off you. And
- 45:23then occasionally you can get them to miss altogether or not even get into that
- 45:28conversation as you go down the road. But even pros who've been in this
- 45:32twenty thirty years, they still get surprised. And my job and my calling
- 45:37is to try to let everybody know you're gonna get punched. Here's how to
- 45:42take the punch. Is that fair? Oh? Absolutely? You know everybody
- 45:46thinks that. Oh once I get my first movie made, you know,
- 45:50it's all involved in from that. I forget the statistic I have in one
- 45:52in my notes when I teach my finance class, but I think ninety eight
- 45:58percent of first time filmmakers never make a second movie. Oh yeah, oh
- 46:04yeah, something something horrific like I was whoa And and for all those reasons
- 46:08you just stated, it's just like, you know you're gonna be punched,
- 46:14and the question is how quickly can you come back from it? Don't let
- 46:16it. It's gonna knock you down and you got to bounce right back up
- 46:20and come back at it. And later when you look in your words,
- 46:23Okay, what just happened? How can I avoid that next time? Exactly?
- 46:30And but but most, but so many filmmakers have these stars in their
- 46:32eyes that they just don't even know that the punch is coming. And when
- 46:35they get hit, once they're out, they're upholled and they're out of the
- 46:37game. I mean, when I was talking to Oliver Stone on the show
- 46:43a while ago, I was I wasn't shocked. But he's like, I'm
- 46:47still hustling my Momvie. I'm still trying to get my movie bane. I'm
- 46:51like, I'm just gonna say that you're Oliver Stone. He's like, yeah,
- 46:53I'm Oliver Stone. But I'm still trying. It doesn't matter this movie.
- 46:58And it killed you to get it together. You did your seventeenth and
- 47:00it killed you. There might be an odd one here and there where it
- 47:04just kind of falls in your lap and things happen, and those are golden,
- 47:07but it's a constant, constant battle to put it together. And and
- 47:13five years from now the whole finance plan is going to be different. And
- 47:15five years from there it's gonna change and there's gonna be something else, and
- 47:19you've got to constantly pivot and constantly relearn, and you've got I mean I
- 47:22remember initially just having to tweak because I was a creative. I didn't I
- 47:27didn't go I didn't know economics and legal and all that. But you read
- 47:30my book and you think I was, you know, a PhD, a
- 47:35PhD of something. I don't know, you know, And I hated it
- 47:37when I was in it trying to figure it out and learn, I just
- 47:40hated it. And then I just I just kind of went, no,
- 47:44it's creative. Putting a finance plan, doing this is creative. And just
- 47:49with that little shift and over time it gets big river. So all day,
- 47:52every day, I am still being creative because every time I get on
- 47:57the phone with somebody, I use my acting. It's like who is that
- 48:00person? What is their tone? Like Okay, I gotta match their rhythm
- 48:04and it could be okay, what's going on? What do you need?
- 48:06And I gotta talk like this, okay, this what or like with Alex
- 48:09when we first started, so how you doing and what's going on? And
- 48:13you get own or whatever it is and or they throw something at you,
- 48:17even though your agenda and your plan and your bullet points are right in front
- 48:21of you, and they throw something after you. Gotta okay, improv.
- 48:24It's all those years of improv class. You know, you never know what's
- 48:28gonna come back. So to me, that's all just wonderfully creative. And
- 48:31when you used to go to meetings, it's like, how do I need
- 48:35to dress for that meeting. If it's a bank or a financier, I
- 48:37gotta look like I don't need the money. If it's a creative, I
- 48:39got to wear my creative clothes, you know. And so you can't walk
- 48:44in you can't walk into creative with a suit, and you can't walk into
- 48:49a bank with your kakis on and flip flass. Right, it's not gonna
- 48:54learn. It's not gonna learn now. So you've been in the business for
- 48:59many years, I'm assuming that there has never been a negative experience with a
- 49:05distributor in your entire career. That everything is when smoothly, all the money
- 49:08is coming percent everyone's been completely open with the reporting, and you've never had
- 49:15any issues whatsoever. Is this a fair statement or am I completely off base?
- 49:20You're completely off I think I knew I would to the point where the
- 49:25whole team just finally gave up. It's it's you know, it's Goalie,
- 49:30David and glithe Is just like you know, they just throw another legal thing
- 49:35at you and you run out of money. Your investors says, enough already,
- 49:39I'm not spending any more legal money to try to track this down or
- 49:43get this just enough. I gotta ask you. Look, and my audience
- 49:49is very well aware of my feelings on distribution and what I've and what I've
- 49:52been able to do for them and getting the information out about distribution and predatory
- 49:57distributors and things like that. We'll be right back after a word from our
- 50:01sponsor, and now back to the show. But I have to ask you,
- 50:10like the whole concept of the Hollywood accounting which is where I mean,
- 50:15which is basically started in the days of Chaplain. I mean this started early.
- 50:17I mean United Artists was created by Pickford, Chaplain and Fairbanks because they
- 50:22were getting screwed by the studios. So this whole Hollywood accounting thing and how
- 50:28distributors do not not messing all but a lot of distributors, unscrupulous distributors will
- 50:34do things in their numbers to make sure that you the producer or you the
- 50:37filmmaker never see a dome. How is this a functioning business? Like,
- 50:44is it just purely because there's fresh meat that constantly is coming in to replenish
- 50:47the old meat that's just exhausted of just getting ripped off or investors? Is
- 50:52that how the system works? Because in any other business, you know,
- 50:55if you were in the cookie business, and you know, you all of
- 50:59a sudden, I sold five thousand cookies and I'm like, sorry, I
- 51:02really didn't sell five thousand cookies because the chocolate chips, you know, they
- 51:07got more expensive and all these kinds like that doesn't happen in other businesses and
- 51:10not I mean, sure that does, but not at that level. So
- 51:13Blayton that there's a name for it, and there's and and really quickly,
- 51:17you know, the whole thing with the me Too movement, which was basically
- 51:21which was you know, the casting couch. It was a punchline, it
- 51:24was a joke. It was part of this the fabric of the industry like
- 51:29you know, oh, if you want to get you got to go on
- 51:30the casting couch. That whole thing was business as usual for way too long.
- 51:36I feel that what's going on with distributors is the financial version of that
- 51:40kind of abuse, because you're just being abused financially. You just said,
- 51:46we just gave up. So I'm sorry through a thousand things at you.
- 51:50What do you start to say, I went on a rant. I apologize.
- 51:54No, that's fine, that's fine, and it's I mean, that's
- 51:59as old as the ills, and you know, there's it. You need
- 52:04a really good attorney. Yeah, and the net the profit definitions are the
- 52:09net profit definitions of studios distributors sometimes can be thirty pages long. It just
- 52:15gets ridiculous, you know, for that reason. So that's where a really
- 52:21really smart attorney can at least be helpful. It's why a lot of people
- 52:25pay so much money up front, or try to get as much money up
- 52:29front as possible, because you'll never get anything else. Why they ask for
- 52:32a gross position. It's why they ask for box office bonuses, you know,
- 52:39so you know they can see what what you know, which is a
- 52:43little difficult now because the theaters are crash and burn. It's why you see
- 52:47the streamers paying these big hefty amounts because that's all that ever's going to be
- 52:52there. Because there is no other window or back und or whatever. It's
- 52:58just the way it's been. But we're due for a change. We're due
- 53:02for something. Something has to change. I don't know what that technology will
- 53:07be, what that system will be, but something has to come crack.
- 53:12The system is already stressed, like the distribution system COVID has put it was
- 53:16already. Look when I went to AFM in twenty nineteen, I was like,
- 53:21I was walking around. I was like, it's just a bunch of
- 53:23dinosaurs, Like I mean, I'm walking over corpses. I mean it was.
- 53:27It was really it was really bad. And it's just kept getting going
- 53:30down, down down. So nothing against AFM, but just the marketplace has
- 53:35changed so much in that space. So I feel like there's so much stress
- 53:40on the apparatus of distribution, and now COVID just put it more, it
- 53:45will pop. I feel something's gonna come crashing down. I think the next
- 53:49economic downturn something. Yeah, but you got to watch the word distribution is
- 53:52such a large, all encompassing entity, correct. I think you're more talking
- 53:58like theatrical and then it leads into something else, you know, I'm talking
- 54:00about I'm talking about the whole like the operatics. But if you go to
- 54:04a Netflix, if you get a deal with a Netflix or a Cooler or
- 54:07Amazon, not about the front they sold it for whatever you've done in non
- 54:10studio, non studio I'm talking about non studio distributors, That's what I'm talking
- 54:15about. Yeah, I just want you to be clear because the compasy word.
- 54:20And that's another reason that I like having a collection account. And it
- 54:23doesn't help so much on the domestic side, but certainly on all the international
- 54:28because your sales agent. In your agreement with your sales agent, it says
- 54:31that any moneys you know that are collected will not go to them, but
- 54:37there'll all the distribution agreements with all the different distributors in France and Germany and
- 54:43UK when they do the agreements with them, it says that all moneies do
- 54:46minimum guarantees overages will go into this account, so it never goes to the
- 54:52sales agent. It goes right there. And we talked that through in the
- 54:54waterfall and how it's all protected. So that's another reason that how you can
- 54:59risk it to get some of those issues. But then if the distributor in
- 55:02Germany doesn't want hey, what are you gonna do You're gonna go super you
- 55:07know, Yeah, then that's pretty tough. But again, the collection account
- 55:12people, they know all those distributors, you know, they can help track
- 55:16that and deal with that for you, et cetera. So it's there's ways
- 55:22around it, but it is a very slippery, shark infested situation where you
- 55:25really need to understand the navigation of it. I remember I was I was
- 55:29talking to a filmmaker AFM that came up to me and they're like, hey,
- 55:31I got a deal. I'm like great, Like we just got a
- 55:34thirty thousand dollars MG. I'm like, well that's fantastic. What was your
- 55:37budget? They're like one hundred and fifty I'm like, okay, what was
- 55:39that for? He goes it was all rights for five years. I'm like,
- 55:44so you're happy about that? Yeah, we got thirty thousand. I'm
- 55:47like, in what business ever you spent one hundred and fifty thousand and you're
- 55:52happy happy about thirty Like that's there's something systemically wrong with that. Well right,
- 56:00And again, where we started with being that balanced producer. It probably
- 56:05was not his money. Probably he got to make the movie he wanted to
- 56:09make and it's going out into the world back and then you know, got
- 56:13a little bit back and can at least give a check back, you know.
- 56:15So I'm happy, you know, but that's not a sustainable business.
- 56:20And then it's not a sustainable career. And I honestly it's not a moral
- 56:23there's moral issues the well, that's a whole other conversation. No, he
- 56:29is, so, what project are you working on now? I'm working on
- 56:35a project. And this is the first time feature film director, although he's
- 56:37done music videos and shorts and accomplished filmmaker, but not feature filmmaker, right
- 56:43exactly. And it's a it's a sci fi trilogy, persephony, and we're
- 56:54doing we have an international sales agent. We I have really creative, wonderful
- 57:01deals with the visual effects house and the virtual virtuals. I hope you have
- 57:07somebody coming on board to talk about virtual and what's going on there. I
- 57:10already already I already did, yeah, because that's that's the way to go,
- 57:15that's the future filmmaking, and that again, will get those budgets done,
- 57:20will keep us safe because we don't have to go to all these locations
- 57:22and just a myriad of one I mean, yeah, you just watched the
- 57:24Mandalorian and you just go, how yeah, in God's Green Earth? Yeahs
- 57:30so fascinating. It's one and it's cheap too, and honestly is not that
- 57:35expensive. I mean Mandalorians, it's expensive. But if you if you're doing
- 57:37it at a much indier level, you can get the company that I had
- 57:43on uh called I think it was Unreal. I think they are. I
- 57:46forgot their name, but engine, that's if it was Unreal Engine, but
- 57:50it must it was another company that was using that engine. But bottom line
- 57:53is that the smaller, the smaller, the smaller version of it for a
- 57:59wall, just like a full wall. Yeah, ten ten thousand bucks for
- 58:02the actual engine, and then whatever the screen's cost. So under twenty grand
- 58:08thirty grand, you've got a whole virtual set that you can use and build
- 58:13sets in front of and move and it's it was fascinating. It's fascinating,
- 58:16captured all in camera and you can stay on the south stage and oh,
- 58:21it's great, it's great. Well, that's sounds exciting. Trilogy is being
- 58:23shot that way. That's amazing, that's gonna be that's gonna be a lot
- 58:28of very exciting about that. And to use that technology. Now, I'm
- 58:30gonna ask you a few questions to ask all my guests. What advice would
- 58:34you give a filmmaker trying to break into the business today? Material material,
- 58:43material, if you spend any of your own money makes well even the most
- 58:54important thing is to have a good attorney. Yes, So when you have
- 58:59anybody development money, your money, whatever, have a good attorney and make
- 59:02sure that whatever agreements you're doing are locked solid, chain of title, option
- 59:08agreements, whatever, you know, work for hire wider agreements, you know,
- 59:13make sure you have an attorney dealing with that. So many times I
- 59:15see people, Oh, they get a template from a friend and they just
- 59:19kind of change a few and get in trouble, getting a lot of trouble
- 59:22later down the road. And you can't give up. I mean what we
- 59:27were talking about, you just it's people just moving and bring partners in to
- 59:34like you said, first time producer, I've never done that. We'll find
- 59:36a partner who has that believes in the material like you, and that you
- 59:40legally moral, compass wiser on the same page and can go down that road
- 59:45together. You know, I've done that a lot in my career. Sounds
- 59:49good, Yeah, what is the lesson that took you the longest to learn,
- 59:52whether in the film business or in life. It's not about me.
- 59:58Well that was a quick answer. We'll be right back after a word from
- 1:00:04our sponsor, and now back to the show. Hey, get over yourself.
- 1:00:13It's not about me. You know what their anger is, whatever their
- 1:00:16upset is. If you you're never gonna work, and it's it's it's not
- 1:00:21about me. That's a tough one. That's a tough one. You know
- 1:00:27what. And have you had that statement says you'll never work in this town
- 1:00:29again? Have someone said that to you? You know, I've had that.
- 1:00:31I've had that said to me. Like you, when someone says that
- 1:00:35to you, they are in a place of such massive ego, and it's
- 1:00:39it's so they're so far gone, in so much pain. If if someone
- 1:00:45says, and of course the the more infamous, do you know who I
- 1:00:49am? If someone ever says do you know who I am? Just walk
- 1:00:52away, just walk away. I've had that experience still, like, wow,
- 1:01:00Wow, do you know who I am? You'll never work in this
- 1:01:05town again. I by the way, anytime I'm on set, I yell
- 1:01:07out, you'll never work in this town. Again at least twenty times a
- 1:01:09day, and everyone pisses themselves. I do it constantly. Anytime a grip
- 1:01:15does something, anytime a grip says something wrong, I'll just walk by.
- 1:01:17I'm like, dude, you'll never work in this town again. And then
- 1:01:20they just start. So I make it a joke because it's so ridiculous.
- 1:01:23And then I think someone called me out once and I did something on set.
- 1:01:27They're like, my phone rang, my phone rang on set, my
- 1:01:31phone rang. I'm like, whose phone is that? Like, it's your
- 1:01:34sir, you'll never work at this time. I am still that when I'm
- 1:01:39on set on my next movie. Yes, it's just you'll never work in
- 1:01:43this town again. And three of your favorite films of all time. Obviously.
- 1:01:57Oh, I'm such a singing in the rain person because I was a
- 1:02:01youth directed musicals and you know, and actually that was my first goal coming
- 1:02:07out here, was to do musicals, and I haven't done one yet.
- 1:02:12Well, the market, the market, it's a little rough of the musicals,
- 1:02:15not as much as it used to be in the forties, in the
- 1:02:16thirties and forties. Yeah, And you know something I just saw this year
- 1:02:23that I watched it like three times, just because I was so enthralled with
- 1:02:28it, and it was the Trial of the Chicago Seven, was Aaron Starkin
- 1:02:32and the writing and the acting and the history and how it spoke on so
- 1:02:37many levels. And it was just able to do something like that and leave
- 1:02:43that kind of legacy and help the dialogue in the right now for the whole
- 1:02:49United States. I thought was just Timing was brilliant. Timing was And he
- 1:02:53said that, he goes, you know, a fot five years ago,
- 1:02:57this wouldn't have worked, but you know, and today's today environment, I
- 1:03:00got green lit right, yes, right? And where can people and where
- 1:03:06can people reach out to you if and find you online? Well, they
- 1:03:09can go to my website Gillan Group LLC dot com and there's a form to
- 1:03:14fill out. I think it probably even has my email. I'm pretty easy
- 1:03:19to find. I'm not hiding anywhere, you know, And I'm really nice
- 1:03:24about talking to a lot of people or helping people. Yeah, I really
- 1:03:30take that pretty I mean I can't do it all day every day, obviously,
- 1:03:32but you know, people that know me know that they can always pick
- 1:03:37up the phone and pick my brain and sit in on a call with them.
- 1:03:40That is difficult for them and translate it for them later what it meant
- 1:03:45and all of that. So I try to because it was such a hard,
- 1:03:50hard journey for me, and nobody should have to struggle that hard to
- 1:03:52learn it and get it. Amen, sister Amen, Amen, And it
- 1:03:59has been a pleasure talking. Thank you so much for coming on the show.
- 1:04:02I want to thank Anne Marie for coming on the show and dropping her
- 1:04:05knowledge bombs on the Tribe today. Thank you so much, Anne Marie.
- 1:04:09If you want to get links to anything we spoke about in this episode,
- 1:04:12including how to get her book, The Producer's Business Handbook, head over to
- 1:04:15the show notes at Bulletproof Screenwriting dot tv. Forward slash three seventy two.
- 1:04:19Thank you so much for listening, guys, as always, keep on writing
- 1:04:24no matter what. I'll talk to you soon. Thanks for listening to the
- 1:04:27Bulletproof Screenwriting podcast at Bulletproofscreenwriting dot tv.