The Global Book Agency has significant contacts
within the television and film marketplaces. TGBA has
successfully negotiated options for movies in Hollywood, as
well as TV deals in China and Australia.
Well over half of movies today (some say 75%) are
screenplay adaptations of novels, non-fiction books, short
stories, news, magazine articles, or comic books. Screenplay
adaptations based on published source material outnumber
original scripts by a wide margin. Screenplay adaptations are
the most common, lucrative and sought-after medium in the
entire film and TV industries.
TGBA also has a number of film financing sources such as
this. Please note that this is just one source.
The Partners are seeking advanced feature length /
theatrical release film projects with budgets above $3 Million
USD, a good script and accessible talent that can carry the
budget and have expressed interest in the project. Animation
is OK if all other parameters are met.
The Partners are seeking long-term relationships with
active and experienced Filmmakers who have a track record of
making feature length, theatrical release Indie Films and have
relationships with talent and distributors. Funding in less
than 90 days for advanced projects. Advanced means that
Filmmaker has...
1. 15% of the budget under his/her control and available as
hard equity to pledge for the project. (Memo: The credit
facility would be 120% of the film's final bonded cash budget.
The 20% differential between the credit facility and the
bonded cash budget would be held in an interest-bearing
reserve account, which may be used for payment of insurance
premiums, partial payments of principal or interest, or
liquidity in the event of revenue shortfall. Any unused
reserve would be credited to borrower on the expiration of the
term of the credit facility, which is up to five years).
2. Has had initial pre-sales discussions with distributors
who have provided a letter of interest and that have fees no
larger than 15% (but do not have a contract signed yet), and:
3. Has applied, or is prepared to apply, for 20% tax
credits with a State in the USA or an off-shore government
entity that is friendly to Independent Film Production and
which offers at least 20% incentives to the Filmmaker. We can
provide a list of states and their tax credits.
4. Has accessible talent. Accessible means that the talent
might not yet be attached, but has expressed interest in the
project in the form of a letter of interest, pending their
availability and financing.
The Partners will match the Filmmaker's 15% equity, arrange
non-bank gap financing and cash-flow the items in 1, 2 & 3
to finance the project. All parties are protected in the form
of a fully secured, non-recourse credit facility with a US
Bank.
Filmmaker, or their enabling investor, will also need
liquidity (funds in hand) to assist Joint Partnership in
paying for Invoiced Line Item 3rd party costs... such as,
legal fees, escrow fees, Letters of Credit, travel (if
necessary to travel to and assist in meetings with Tax
Agencies and Distributors, etc.). These 3rd party costs are
not part of the structured credit facility. These costs would
be approximately $35K to $40K, for projects in the $3 Million
to $15 Million range, but will vary depending on the size of
the project.
If there is a slate of films with a total tally of at least
$3 Million USD, JV Partners will consider those projects as
well. They seek projects with ratings from G, to Soft R.... no
gratuitous sex or garish horror films. Horror genre is OK as
long as not too graphic.
For more information about film options please email FilmOptions@TheGlobalBookAgency.com
