Finding Funds For Your Film or TV Project is pretty much what the title suggests. It is one book among several touted as a “quick guide” to obtaining the financial backing required to get a technicolor assembly out of the camera and into the hearts and minds of the American public.
There is much more involved with the process than readers of this Do It Yourself guide might expect. For example, how does one choose a project to begin with? Most people have an idea in mind, but whether or not others would want to invest could depend on how much preparation is done beforehand.
Perhaps the place to start is with what is known as a treatment. In other words, a compact, precise overview of what the project is all about. A particular method is required and what potential future producers look for. Some items to include are a defined plot along with how many people are in the cast.
Typically, a commitment of sorts is required before funds can even be talked about. After all, one would not like the money to be raised only to not have the money to make said project.
Scott spells out exactly the terms to be part of this package. Certain rules apply, but not to every situation. The Securities and Exchange Commission has specific laws in place which apply to documentation. Since the terminology can be confusing, Scott has thoughtfully provided examples of how to word the contract in different situations in order to avoid an unfortunate misstep.
Nowadays, getting the money is not so dependent on a production company or from, say, those who make a living in the business. Websites such as Kickstarter allow members of the general public to contribute to concepts they like or agree with. Savvy filmmakers provide incentives for regular folks to donate their hard earned currency. One might be a small walk on part in the movie. Exactly what depends on who is being courted for help.
This book is a compact instruction manual every beginning filmmaker should probably read. Specifics can be dealt by those in the legal profession, but understanding the business side of the entertainment industry is critical.