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Film Financing Information provided by Sharp Angle @filmbiz101.com

Highlights from the AFM Film Financing Conference

Great post on Johanna Blakley’s blog over at the Norman Lear Center. She provides an account of the recent AFM Film Financing Conference held in Santa Monica. Some interesting insights into film funding trends:

How do you convince a financer that you’ve got a marketable film?
Once again, financers could care less who’s directing. The real gatekeeper in this business is . . . get this: the sales agent. If you’re a new filmmaker and a credible sales agent has decided to hawk your film, the financing is yours.

Isn’t it hard to get a film financed these days? Why, no! There’s so much “dumb money” out there (read: hedge funds) that the barriers to entry are lower than ever. This may come as a surprise to every indy filmmaking friend you have; their problem is that they probably haven’t made an expensive enough movie. Got a film under a million? Ask grandpa to fund it. Got a film over $10 million? Now you’re talking.

What genres of movies are the easiest to presell (i.e., to sell the rights before the film is made)? According to Nu Image CFO Trevor Short, generally action movies and thrillers are the best bets. Comedy and drama are tough because the quality of the film depends on (get this) the execution.

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