Veteran genre Filmmaker, wanting creative freedom from the studio system, believes in his art so much, he and a friend refinance their homes to make their art. Total costs with deferrments about 1.5 MILLION. His sales agents get about five tiny territories into the selling of what turned out to be some really creative unique, work of art, (not enough for him to start seeing any return yet, but enough for the sales agent to see his fee) then their suddenly told by a potential buyer, that they can't and won't be able to buy their work from them, because in their search for info on the film, they discovered people are able to easily get his movie, for free from pirates online, and that his film is everywhere! Therefore, they just don't think they'll make their distribution costs back, much less be able to advance him anything. One after another, everyone is telling him the same thing, It's great film, and were it not being distributed for free, they certainly would have bought it. So Now he and his friend have mortgages that are still due, and not one cent to their name.
I can't blame them for being a free haters. Since it's the free lovers who STOLE their work, and are enjoy his blood sweat and tears, freely distributing it online, while they are facing the sale of their homes.
So what should his next step be??? Keep in mind, that having spent all of their cash on the product, they now have NO money to market or produce anything else? As they were counting on income from the licensing it to territories, to generate more income, before it was stolen by a free-lovin pirate at a Brazilian lab.
What should he do next?
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Re: Here's a true life senerio for you.
Sorry It was a 2nd mortgage not, a refinancing, that they took out to create their art.
Here's a true life senerio for you.
Veteran genre Filmmaker, wanting creative freedom from the studio system, believes in his art so much, he and a friend refinance their homes to make their art. Total costs with deferrments about 1.5 MILLION. His sales agents get about five tiny territories into the selling of what turned out to be some really creative unique, work of art, (not enough for him to start seeing any return yet, but enough for the sales agent to see his fee) then their suddenly told by a potential buyer, that they can't and won't be able to buy their work from them, because in their search for info on the film, they discovered people are able to easily get his movie, for free from pirates online, and that his film is everywhere! Therefore, they just don't think they'll make their distribution costs back, much less be able to advance him anything. One after another, everyone is telling him the same thing, It's great film, and were it not being distributed for free, they certainly would have bought it. So Now he and his friend have mortgages that are still due, and not one cent to their name.
I can't blame them for being a free haters. Since it's the free lovers who STOLE their work, and are enjoy his blood sweat and tears, freely distributing it online, while they are facing the sale of their homes.
So what should his next step be??? Keep in mind, that having spent all of their cash on the product, they now have NO money to market or produce anything else? As they were counting on income from the licensing it to territories, to generate more income, before it was stolen by a free-lovin pirate at a Brazilian lab.
What should he do next?