Q. What responsibilities does IFR assume as Producer?
A. IFR assumes "first and last responsibilty" for optimizing
the film's success.
- IFR scouts, selects, or commissions scripts based upon established
criteria and matches these properties to Film Investment Groups (FIGs), formed by IFR, which seek to invest
in these genres.
- IFR takes full responsibility for the production of the property and
provides full control over both the property's creation into a feature film(s) and the FIG, customarily a limited
partnership, which owns the property.
- IFR negotiates with "above line" talent (screenwriter(s),
director, acting, talent) to attach them to the property and manages their performance according to contracts.
- IFR works further with the above talent to acquire the "bottom
line" professionals who actually shoot the film.
- IFR retains other professionals such a script consultants, accountant,
lawyers, etc. as appropriate to the need.
- IFR raises additional funds for "prints and ads" to market the film
and/or negotiates distribution agreements - domestic, foreign, video, TV & others.
- IFR provides the FIG with periodic financial reports
as defined by the limited partnership agreement, plus distributes income to limited partners as agreed via the same agreement.
*****
In all, IFR directly addresses the five top-level components
to creating a feature film:
The Story | The Actors |
The Directors | The Marketing | The Distribution
Taken together, IFR is a production company... focused
on responsible scripts... that will be placed in the hands of professional production teams, which will produce films within
reasonable budgets, determined by IFR, to optimize the films' potentials for a returns on investments made by Film Investment
Groups.
|