The intentions of the co-production agreements for cinemas are based on the promotion of international cultural cooperation and the innovative audiovisual market. The co-development funds support the production of films, short films, documentaries and audiovisual products (non-series) for television and the web. Since the distribution company does not directly finance production costs, it generally does not have the same significant production controls as in the case of a pfd agreement. As a result, the production company generally retains more creative discretion than under an agreement on PFDs. It is typical for producers to assign experienced securities advisors to draft a Private Investment Memorandum, which they then register with either the relevant federal and regional authorities or apply for a waiver of registration from the same public and federal authorities. These offer plans must contain a description of all material elements of the film project, including the bios of all employees involved, risk factors, budgets and projections. They must indicate where all the underlying supply agreements are available and that they can be reviewed on request. A significant risk that must be disclosed is the risk that the distribution will not be carried out and that the negative costs will be recovered. For example, independent films that never receive a thought, do not recover their expenses, resulting in a loss for investors.
Therefore, the manufacturer should be honest from the outset, since it may be held criminally responsible for knowing false statements of fact. Investors may be entitled to a full refund of their investment if the manufacturer or one of its representatives or associates conceals or misrepresents their production. Places are a very important part of cinema, as most independent films are not shot in a studio, but are shot in a rented location. Site agreements relate to the duration and amount of site rental. The location agreement also deals with “rain dates” if filming is to be postponed or must be returned due to unforeseen circumstances. A location agreement also often gives a producer the right to use the film shot for other film projects. Enter your name or business name (you are the open party). Enter the name of the receiving party. It is the person or company that evaluates your film concept (for example. B an investor or producer). Finally, indicate when the agreement will come into force. This is often the date on which the last party signs the agreement.