Uncovering the myths, challenges & opportunities in the international world of films

At our recent event new and established filmmakers from different parts of the world attended our first 3-part event covering different areas of the film industry with Debasish Dutta, CEO & Managing Partner of Orange Corp, one of the 10 largest LP VCs globally and an investor into Hollywood films.

Some key takeaways from the event.

1. The primary resource is a good story and script. It’s not necessary that your own story can be made into a good film.

2. Make your team starting with known ones with a passion for films and who can complement your skills.

3. There is a constant change in the audience preferences and hence good film ideas need to evolve to keep pace with the same.

4. The filmmaker needs to develop an understanding of budget and also to learn the process of taking a film to its release.

5. Tax incentives should not be considered a part of the initial resources for making a film. Co-producers would want to see what the actual contribution is that your film project has already secured, excluding such tax incentives.

6. ⅓ of your film budget must include P&A (Print and Advertising).
Strike price is the total approved budgeted spend on which insurance bond is issued. Insurance bond is part of the strike price.

7. Investors with a majority stake have their own calculations and decide how they will obtain their ROI and where to release the film.

If you missed the events, you will soon be able to access these online on www.gocreator.world

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