My producing partner Aaron Wiederspahn and I recently had the privilege of attending a rather unique film event in Nashville, narrowly missing the devastating floods that have inundated Music City, USA in recent days.
Unique is a good word to describe this three-day gathering—as far as I know, something that has never been attempted before. Called Film-Com, it took place just prior to the Nashville Film Festival and consisted of bringing together two dozen film executives from Los Angeles and from other points around the country—major players in established production and Read the rest of this entry »
Raising the money was a difficult and arduous job and took us over a year. With the help of our lawyers, this step began with creating a lengthy document called a Confidential Private Placement Memorandum, generally referred to as the PPM. This was the legal vehicle by which people could actually write their checks and become investors. Everything had to conform to strict securities laws as we were selling private equity shares in a new company.
Understandably the controls on these kinds of ventures (including what one can and cannot do when pitching to potential backers) have to be tight, although I must admit the hoops we had to jump Read the rest of this entry »
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