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Film_F_and_I · Film Financing and Investing
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Kindly Advise   Message List  
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Re:Kindly Advise

Dear 4msetv, your friend’s deal would come from the production company, NOT the investors.  The money-people’s only obligation is to bring their money to the table.  The money folks would make their deal directly with the production company, NOT your friend.  However, unless your friend is prone to doing freebie favors, your friend and the PRODUCTION COMPANY must execute a legally binding arrangement for a finder’s fee (which is usually from 1 to 3% depending on the amount brought in).  There is rarely any back-end participation.   From the jumble of words here, I couldn’t tell who had efused to sign an NDA, but the only NDA would be between the production company and the investors – it has nothing to do with your friend. 

That said, you’ll get much better answers if you use real names – unless your name is really 4msetv, in which case I apologize.

Norman

 

Norman C. Berns
ReelGrok - An International Film Community
http://www.reelgrok.com

 



Mon Jul 20, 2009 10:27 am

normancberns
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Message #831 of 867 |
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Hello everyone. Kindly advise please. I have a dear friend that is direct to funding sources. I was asked to advise this person. The problem: While this person...
4msetv
musicfilmind...
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Jul 20, 2009
7:34 am

Dear 4msetv, your friend's deal would come from the production company, NOT the investors. The money-people's only obligation is to bring their money to the...
Norman (GMail)
normancberns
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Jul 21, 2009
1:33 pm

Thanks for the information. I'm going to tell him to walk away. Keep his contacts/connections. If it takes 2-5 years for the right situation to present itself...
musicfilmindustry@...
musicfilmind...
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Jul 22, 2009
1:33 pm
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