{"product_id":"think-like-an-entrepreneur-how-to-be-profitable-on-a-sub-eur-1-million-film-in-the-european-market-with-a-film-case-study","title":"Think Like an Entrepreneur - How to Be Profitable on a Sub EUR 1 Million Film in the European Market - With a Film Case Study","description":"\u003cp\u003e\u003cspan style=\"color: teal; font-size: 14pt;\"\u003e\u003cspan style=\"font-size: 14pt;\"\u003e\u003cstrong\u003e\u003cspan style=\"color: teal;\"\u003e\u003cimg src=\"http:\/\/admin.stage32.com\/vendor\/moxiemanager\/data\/uploads\/15.png\" alt=\"\" width=\"1280\" height=\"158\"\u003e\u003c\/span\u003e\u003c\/strong\u003e\u003c\/span\u003e\u003c\/span\u003e\u003c\/p\u003e\r\n\u003cp\u003e\u003cspan style=\"color: teal; font-size: 14pt;\"\u003eAs an independent filmmaker or producer, you likely start working on a new endeavor for creative reasons—the chance to tell an amazing story, build worlds, create something of cultural value. Yet this is, of course, not the only element of filmmaking. Like it or not, your independent film is not just a creative endeavor; it’s also a business. You’re sourcing financing and bringing in investors, building a team, and creating a property that will (hopefully) ultimately make money not only in the present, but for years to come. In short, you’re not just a making a piece of art; you’re also running a business. To operate successfully in the world of independent film and continue to make films that you’re proud of, you need to be able to think like an entrepreneur and understand the dynamics and the relation between financing, distribution and recoupment of film investments. Further, you need to open up your creative mindset to the myriad opportunities available all over the world including hot markets found throughout Europe.\u003c\/span\u003e\u003c\/p\u003e\r\n\u003cp\u003e\u003cspan style=\"color: #dddddd;\"\u003e\u003cspan style=\"color: #dddddd;\"\u003e\u003cstrong\u003eThe business side of films is often especially difficult for filmmakers and creative producers, but the more you understand, the better your chances of finding a production partner or investor to take your vision forward. Working in the European market, especially with films in the €1MM and sub€1MM range can offer you opportunities you haven't thought of before. But to take advantage of this surging market, you need to understand the variety of production and financing options available and how to tap into them. Whether it's hard money, soft money or other methods toward financing and securing the necessary pieces to greenlight your project, getting a handle on the in's and out's of how to proceed will put you in a powerful and advantageous position. Understanding and executing this business model will open new doors to other productions around the world and serve to create a portfolio of proof that will serve as a calling card moving forward. \u003c\/strong\u003e\u003c\/span\u003e\u003c\/span\u003e\u003c\/p\u003e\r\n\u003cp\u003e\u003cstrong\u003e\u003cspan style=\"color: #dddddd;\"\u003eDavid Zannoni is an international business specialist for Fintage House, the world's most respected company for revenue and rights protection for industry professionals and companies. \u003c\/span\u003e\u003c\/strong\u003e\u003cspan style=\"color: #dddddd;\"\u003eDavid negotiates agreements for films and television series and is involved in business development and relationship management specifically in the US, Latin America and Europe. As an international film business specialist David is continuously present to make deals and speak at international film markets, festivals and conferences, including: the \u003cstrong\u003eCannes Film Festival, the European Film Market (EFM) in Berlin, the American Film Market (AFM), Ventana Sur, the Bogota Audiovisual Market (BAM),\u003c\/strong\u003e and the \u003cstrong\u003eToronto International Film Festival (TIFF),\u003c\/strong\u003e and travels regularly to the United States, the Netherlands, Europe, and all over Latin America. \u003cem\u003eDavid is intimately familiar with how independent films are financed and made profitable all over the world and will share what he knows exclusively about the European market with the Stage 32 community.\u003c\/em\u003e\u003c\/span\u003e\u003c\/p\u003e\r\n\u003cp\u003e\u003cstrong\u003e\u003cspan style=\"color: #dddddd;\"\u003eDavid will focus on the European market and walk you through what you need to know to finance your independent film, EUR1MM or less, and leave profitable.\u003c\/span\u003e\u003c\/strong\u003e\u003cspan style=\"color: #dddddd;\"\u003e He will begin by explaining what a EUR1MM or under budget looks like, whether it’s considered a small film or microbudget, and how it compares in the larger worldwide film market. He’ll delve into how film financing works specifically in Europe, including a breakdown of \u003cstrong\u003esoft money sources versus hard money sources\u003c\/strong\u003e, \u003cstrong\u003edebt financing versus equity financing\u003c\/strong\u003e, \u003cstrong\u003etax and location incentives\u003c\/strong\u003e, and \u003cstrong\u003efilm funds and government support\u003c\/strong\u003e. He will also discuss working with a \u003cstrong\u003eco-production\u003c\/strong\u003e as a financing tool. He will highlight how European film financing is different compared to other regions and the different levels of film financing to consider: European, national, and regional. David will next demonstrate the importance of language, culture, and collaboration and will then teach you what specifically Europe can offer for both European and non-European productions, including incentives, co-productions, diversity, talent, and shooting locations. He will explain \u003cstrong\u003ehow to approach your film as an asset\u003c\/strong\u003e, how to see yourself as an entrepreneur, and how to see filmmaking as a business. David will then go over the \u003cstrong\u003econtinental circle of financing, distribution, and investment recoupment\u003c\/strong\u003e and will explain how \u003cstrong\u003erisk mitigation\u003c\/strong\u003e works for European film projects. Next he will discuss \u003cstrong\u003emanaging revenue and rights\u003c\/strong\u003e, as well as managing recoupment as a whole. He will spend time delving \u003cstrong\u003einto European film contracts, including distribution agreements, CAM agreements, and sales agency agreement\u003c\/strong\u003es. David will ultimately illustrate whether European films can be profitable and how, and analyze with you when a European film can be considered successful, whether it breaks even or finds profitability.\u003c\/span\u003e\u003c\/p\u003e\r\n\u003cp\u003e\u003cstrong\u003e\u003cspan style=\"color: #dddddd;\"\u003ePlus, David will show a case study of a real EUR1MM European film to illustrate how a film of this level can be profitable and exactly how the money flows through from beginning to end.\u003c\/span\u003e\u003c\/strong\u003e\u003cspan style=\"color: #dddddd;\"\u003e He’ll show financing documents and spreadsheets to illustrate the financing structure and demonstrate how money flows in and out. Through this detailed and practical demonstration, you will leave with strategies and a deep understanding of how to approach your own EUR1MM film as an entrepreneur and build a finance structure that will leave you and your investors profitable.\u003c\/span\u003e\u003c\/p\u003e\r\n\u003cp\u003e\u003cstrong\u003e\u003cspan style=\"color: #dddddd;\"\u003eThis Stage 32 Webinar is Part 2 in David’s \"Think Like an Entrepreneur\" series. \u003ca href=\"https:\/\/www.stage32.com\/webinars\/How-to-Be-Profitable-on-a-1-Million-or-Under-Film-in-the-US-Market\"\u003eClick here\u003c\/a\u003e to check out David’s webinar on being profitable in US marketplace with a sub-$1MM film.\u003c\/span\u003e\u003c\/strong\u003e\u003c\/p\u003e\r\n\u003chr\u003e\r\n\u003cp style=\"color: #cdcdcd; text-align: center;\"\u003e\u003cspan style=\"color: #42C2CB;\"\u003e\u003cstrong\u003e\u003cspan style=\"font-size: 14pt;\"\u003ePraise for David's Previous Stage 32 Webinars:\u003c\/span\u003e\u003c\/strong\u003e\u003c\/span\u003e\u003c\/p\u003e\r\n\u003cp style=\"color: #cdcdcd; text-align: center;\"\u003e\u003cspan style=\"font-size: 14pt;\"\u003e\u003cem\u003e\u003cspan style=\"color: #42C2CB;\"\u003e\"David is incredible and lovely and clearly knows his stuff.\"\u003c\/span\u003e\u003c\/em\u003e\u003c\/span\u003e\u003c\/p\u003e\r\n\u003cp style=\"color: #cdcdcd; text-align: center;\"\u003e\u003cspan style=\"font-size: 14pt;\"\u003e\u003cem\u003e\u003cspan style=\"color: #42C2CB;\"\u003e- Cynthia P.\u003c\/span\u003e\u003c\/em\u003e\u003c\/span\u003e\u003c\/p\u003e\r\n\u003cp style=\"color: #cdcdcd; text-align: center;\"\u003e\u003cspan style=\"font-size: 14pt;\"\u003e\u003cem\u003e\u003cspan style=\"color: #42C2CB;\"\u003e\"Eye-opening information. A no-brainer approach that wouldn't be so obvious to the uninitiated.\"\u003c\/span\u003e\u003c\/em\u003e\u003c\/span\u003e\u003c\/p\u003e\r\n\u003cp style=\"color: #cdcdcd; text-align: center;\"\u003e\u003cspan style=\"font-size: 14pt;\"\u003e\u003cem\u003e\u003cspan style=\"color: #42C2CB;\"\u003e- Gary O.\u003c\/span\u003e\u003c\/em\u003e\u003c\/span\u003e\u003c\/p\u003e\r\n\u003cp style=\"color: #cdcdcd; text-align: center;\"\u003e\u003cspan style=\"font-size: 14pt;\"\u003e\u003cem\u003e\u003cspan style=\"color: #42C2CB;\"\u003e\"By far, the best class I've seen on the subject.\"\u003cbr\u003e\u003c\/span\u003e\u003c\/em\u003e\u003c\/span\u003e\u003c\/p\u003e\r\n\u003cp style=\"color: #cdcdcd; text-align: center;\"\u003e\u003cspan style=\"font-size: 14pt;\"\u003e\u003cem\u003e\u003cspan style=\"color: #42C2CB;\"\u003eKirk K.\u003c\/span\u003e\u003c\/em\u003e\u003c\/span\u003e\u003c\/p\u003e\r\n\u003cp style=\"color: #cdcdcd; text-align: center;\"\u003e\u003cspan style=\"font-size: 14pt;\"\u003e\u003cem\u003e\u003cspan style=\"color: #42C2CB;\"\u003e\"David is a fantastic teacher. And what a voice! I could listen to him all day. More importantly, I learned so very much!\"\u003c\/span\u003e\u003c\/em\u003e\u003c\/span\u003e\u003c\/p\u003e\r\n\u003cp style=\"color: #cdcdcd; text-align: center;\"\u003e\u003cspan style=\"font-size: 14pt;\"\u003e\u003cem\u003e\u003cspan style=\"color: #42C2CB;\"\u003e- Isabella T.\u003c\/span\u003e\u003c\/em\u003e\u003c\/span\u003e\u003c\/p\u003e\r\n\u003cp style=\"color: #cdcdcd; text-align: center;\"\u003e\u003cspan style=\"font-size: 14pt;\"\u003e\u003cem\u003e\u003cspan style=\"color: #42C2CB;\"\u003e\u003cspan style=\"color: teal;\"\u003e\u003cspan style=\"color: #ffffff;\"\u003e\u003cstrong\u003e\u003cimg src=\"http:\/\/admin.stage32.com\/vendor\/moxiemanager\/data\/uploads\/18_11.png\" alt=\"\" width=\"1280\" height=\"158\"\u003e\u003c\/strong\u003e\u003c\/span\u003e\u003c\/span\u003e\u003c\/span\u003e\u003c\/em\u003e\u003c\/span\u003e\u003c\/p\u003e\r\n\u003cp style=\"text-align: center;\"\u003e \u003c\/p\u003e","brand":"Stage 32","offers":[{"title":"Default Title","offer_id":48055978918195,"sku":"","price":49.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0700\/7728\/4659\/files\/image_65c5a36e99533.jpg?v=1707451249","url":"https:\/\/stage32.myshopify.com\/products\/think-like-an-entrepreneur-how-to-be-profitable-on-a-sub-eur-1-million-film-in-the-european-market-with-a-film-case-study","provider":"Stage 32","version":"1.0","type":"link"}