How important is the LOI from A lister to get funding? But, then why does the talent want funding in place prior to the LOI.
Financing / Crowdfunding : LOI by Rich Costello
LOI
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I'm curious; now that your film is almost fully funded you should be able to answer this question. How important was the LOI from A lister in getting funding?
Parker, A LOI sure helps speed things up. As you may know it's like a catch 22 as the agent/ business manger wants POF and the financing group want a LOI. If you have a great script and are focused no matter how many doors get shut in your face you can reach your goal. It's not an easy process so take your time and always be positive in your project. All the best & Good luck Rich
So did you get that LOI from an A lister? And did did that LOI help you get funding?