A good friend sent me this article because she thought it would be of interest to me and my CRI project. It basically talks about how to invest in film.
Here are the highlights I took from it:
- Make sure the the filmmaker will finish the film. Get a completion bond
- Understand that film has other rights besides the typical theatrical release. There is money to be made in these other rights.
- Think about investing in a portfolio, not a single picture.
- Invest films with more captive markets, i.e. IMAX films for educational institutions
Marc H. Simon is an entertainment lawyer at Cowan DeBaets Abrahams & Sheppard, but over the last decade he has produced three well-received documentaries.
Published: April 27, 2012
FOR most people, investing has not been fun these last few years. At best, it has been stressful.
But there are investments that have nothing to do with stocks or bonds or real estate that may be at least enjoyable if not always moneymaking. I’ve come up with about a half-dozen, and over the next few weeks, I plan to explore some of them, including investments as different as horses and restaurants. My goal is to see how people do this successfully — or whether they have a broader definition of success than just making money.
This week, I’m going to look at films, given that the influential Tribeca Film Festival is under way; it runs through Sunday.
Read the rest of Paul's article at the