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2. When you option the rights to material, you are ______ the exclusive rights for the
Term.
a. Releasing
b. Renting
c. Buying
d. Stealing
3. What is overhead?
a. The lights hanging above the stage
b. When your budget runs over
c. Cost of labor and rent for your office
d. What you pay your actors
10. What is the industry term for when the UK, Italy, and South Africa worked together to
finance Hotel Rwanda?
a. Multi-player production
b. Shared production
c. International alliance
d. Co-production
An S-Corp will have all taxes paid through individual incomes, while a C-Corp will pay
taxes at a corporate level.
13. In less than 50 words, please state when is a Bond required for a film’s financing?
If the film has acquired investors, a bond issued by a bank to guarantee the completion of
said film.
14. In less than 50 words, please define the term Strike Price
The agreed upon price/budget between a filmmaker and lender (bond company) that will
be needed in order to fully fund the film.
15. In less than 100 words, please define a Bridge Loan and when it may apply
A bridge loan is a tie-in between a financing agreement. It is used to close the cap between
a fully financed plan and essential needs of a film.
16. In less than 100 words, define the term “reverse engineering”
17. In less than 75 words, state how a manager and agent work together to help a client’s career.
A manager and agent work to package a product. Agents confirm transactional issues with
talent, while managers focus on livelihood and image.
A signatory entity is a bond company or lender who is willing to sign on a film’s financial
plan.
19. In less than 50 words, please define how the Ask/Take applies to a finance plan
An Ask/Take is a worldwide ask of investment amongst international markets. Once
identified, high performance in foreign markets can alleviate debt.
To track the number of paid days for cast and crew on a film set.
Extra Credit:
1. What is something that has resonated with you during awareness practice?
By having intention, we are able to easily identify what we want our message to be about,
what we wish to communicate and what we aim to accomplish as industry professionals.