Financing / Crowdfunding : Pitch session and financing by Harry Dzumhur

Harry Dzumhur

Pitch session and financing

What are your experiences with the pitch sessions on Stage 32 and financing your projects? And what are your thoughts about going through the financial route via Slated? https://welcome.slated.com.

Lauran Childs

He he, impressive silence. I didn’t think these arrangements looked attractive either.

Harry Dzumhur

Hi Lauran, Yes the silence was deafening until now. .Can you elaborate more about this? Any positive or negative experiences?

Hayward Crawford

Hey Harry, haven’t done a stage 32 pitching session quite yet but thinking about it to prepare for a crowdfund coming up, what has been your experience with them so far?

Ann-Marie Goldthorp

Hello, Mr. Dzumhur. 1)The problem with Slated is that they want you to have shelled out $5-10k for E and O insurance, before you apply. 2) I am envisaging applying, serially to around a hundred or more producers/EP’s, etc for our next feature nos. 5 and 6. At $35 each, this would be at least $7,000, using Stage 32...unfortunately.

Lauran Childs

Hi Ann-Marie - that's a shocking amount to paying to contact producers. And absurd. Currently I'm approaching producers directly and havenhadnsomenresponses, one of whom promises to be as helpful asnhencan. We're going to talk again this week. Good luck!

Re. Slated - I was only aware of the fact that they want you to give them $1,000 to break down your project financially, which I haven't done.

Lauran Childs

Sorry I only just caught up with this post Harry! I think paying to contact a producer is ridiculous.

Harry Dzumhur

Hi Lauran. No problem. Glad to get your input on this.

I am only aware of paying a price on slated for a script and financial analysis. A 70+ average scriptscore means a solid blueprint for the film. See more details on slated.com.

Lauran Childs

Hi Harry - well there seem to be a number of businesses that will evaluate your business/film for you, and for most people they're prohibitively expensive - and I doubt they're too useful. As I told one such purveyor recently - "If I had that money I would make this/a movie." Yes their package was expensive.

Going back to your original - very good - post, I imagine that a lot of people on here are trying to tell themselves that they didn't just waste their money trying to get a producer's attention/ getting a script evaluation. But they probably did.

Harry Dzumhur

Hi Lauran, we should talk more often. You are full of ideas and good opinions. Anyway, yes Slated.com is expensive, and you’ll want to have a really good scoring to get a producer’s attention. One of the things I learned is that's also very important before attaching a director to a movie is his former box office performance. It is a huge thing for financiers. They won't put their money on the table if the director or producer is a nobody. That's the truth. It's best to get an A or B-list actor with good box office credentials and try to find a similar A or B director before packaging a Bible.

Lauran Childs

Thanks Harry - good points. Thanks for compliment also! Slated always said they would have a free level but soon they’re stopping that - you’ll have to pay for a financial analysis ($1000 )- to even be seen on the site.

Harry Dzumhur

Yes so what are our options? Stage 32? Or joining a filmconpetiton. Winning the lottery is Always nice, or do like they did in the producers. Produce a flop ( ha,ha) : https://www.youtube.com/watch?v=UpUqlKJUGLA

Lauran Childs

He he regarding a flop, Harry. I think competitions and any other thing to pay to get seen/heard is ridiculous. Currently I'm communicating with a few producers directly - one of whom said he'll do all he can to help, but nothing's happened yet. Even when you communicate directly it's not the fastest process. Yes I'm trying the lottery too, but I imagine even when I win it will still be very useful to know people in the film business. Personally I feel I'm destined to make movies so I'll get a break, hopefully real soon. The difficulty of this process helps make us better at we do eventually, I imagine. Good luck with your work!

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