Producing for Film Midterm

Gross Points

1% of Box Office Gross.

Net Points

Profit after Recoupment and Cost.

Recoupment

To pay back all the people you owe money.

ROI

Return on Investment.

Recoup

To make your money back

Net Points

Percent of profits minus cost & recoupment.

Gross Points

Profit straight from gross box office revenue.

Parris Passus

Side by side, when investors recoup the same amount at the same time.

Order of Recouping

The sequence in which costs are repaid beginning with the buyer/distributor and ending with producers.

Line Producer

Makes the budget and is the 'Boss of the crew,’ overseeing crew hiring and management.

First AD (Assistant Director)

Makes and runs the schedule on the film and oversees all departments.

Everything but the kitchen sink

The first budget that includes everything needed to make the film.

Pay or Play

Producers will pay actors/crew their salary whether the film gets made or not.

Per Diem

Daily spending money given to cast & crew while working out of town.

Back End

AKA - profit participation.

Development

The phase including writing into a screenplay or pitch, acquiring IP, and packaging.

Option Agreement

Agreement to hold rights for a certain time and money, often discussing future purchase prices.

Turnaround

The time between wrap and call (when an actor leaves for set, and when they return to set)

Portal to Portal

Turnaround time + the actor’s transportation time to and from their residence