ON-DEMAND COMING SOON!
This webinar had a live screening session recently and has not yet been converted into a video format.
Maria Tanjala developed her area of expertise as Production Manager and 1st AD, while writing scripts and directing shorts. Maria is the co-founder of Big Couch. She graduated from Filmmaking MA at East15 and was awarded the Most Promising Filmmaker for her short film “Goneril”. Maria has a degree in Sociology and is passionate about activism and actions that have a social impact. She feeds on good films, from global cinema. She is a member of the prestigious BAFTA Crew network since 2015.Irina Albita has vast experience in the technology startup space, growing several tech-startups with a focus on online-marketplaces. Irina has a mathematics and computer science background and a Masters in Management and Finance from the London School of Economics. At Big Couch, she advises independent filmmakers on finance plans and cost-optimisation methods. Full Bio »
‘The Full Monty’ is a great film, and there’s no doubt that audiences and critics equally love it. What made “The Full Monty” different besides winning awards at Oscar and Bafta? To compensate for the lower production fees, crews were invested in the film. With a budget of £3mil and a gross profit of £170mil, 17 years later, crews are still receiving cheques through the post. “Frances Ha”; “Star Wars” and “Scenes from a Marriage” are proofs of how back-end deals have been applied all over the world to optimise cash budgets and incentivise film participants. This model has also been known as crewfunding.
Shared economy concepts have proved to be very successful with other industries. Just look at companies such as Kickstarter, Indiegogo, Uber and Airbnb and the real value they create for their users. During the webinar we will explain how crews can become invested in a project and how back-end deals can be structured in a safe and transparent manner, where everyone’s interests are aligned. We believe funding resources can be democratised and empower the people around us to contribute. Who can be a better finance partner than the hard-working crews attached to the project?
We will further discuss how crewfunding is a key financial model for independent films, how carefully crafted back-end deal contracts are enabling the crew in the safest and most transparent manner to become investors in the film and how to build a transparent communication and reporting system with the crew once the film is finalised.
Maria Tanjala and Irina Albita