Summary
Learn how you can finance your project using escrow accounts from the international executive who was worked on financing and recoupment on hit films such as 1917, HONEY BOY, LATE NIGHT, HALLOWEEN ENDS, PLANE and more!
Receive a template of an escrow agreement + an example escrow transaction!
Financing a film project is a notoriously risky investment. Even the most talented and seasoned creative teams are often hard-pressed to find funding for their projects because the financial success of a film can be difficult project.
However, there are steps you can take to mitigate the risk to your investors and make your project more attractive as an investment vehicle.
One of the most powerful tools you have to quell investor anxiety is the use of escrow accounts for your investment funds. An escrow account is essentially a holding account for funds raised that only allows the funds to be dispersed once certain criteria are met. But how are these accounts used for film and television financing and how can they help you with your project?
In this exclusive Stage 32 webinar, you will learn how escrow accounts for film projects work and why they are an essential tool in closing financial transactions such as funding physical production, closing deals with talent or licensing the finished product to distributors.
Teaching you all about escrow accounts is a veteran in the film financing and collecting account management space, David Zannoni. David has ben involved in escrow transactions for the past fifteen years, lately as North America consultant for Freeway Entertainment, a leading revenue solutions company that provides escrow, as well as collection account management and residual payroll. David hads worked extensively as the representative for the Americas with Fintage House, who oversaw financing for recent successes such as PLANE, 1917, HONEY BOY, LATE NIGHT, HALLOWEEN ENDS, AFTERSUN, THE WOLF OF WALL STREET, RED ROCKET, and more!
David will teach you how to set up an escrow account as well as the key parts of an escrow agreement and where and when to include escrow as a condition in contracts with production partners, financiers or others.
PLUS! You will receive exclusive handouts to help in your escrow transactions. Downloads include:
- Escrow Agreement Template
- Escrow Transaction Example
If you are looking to finance your film and/or television project and put your investors minds at ease, this webinar is a must!
Praise for David:
"David is incredible and lovely and clearly knows his stuff." -- Cynthia P.
"Eye-opening information. A no-brainer approach that wouldn't be so obvious to the uninitiated." -- Gary O.
"By far, the best class I've seen on the subject." -- Kirk K.
"David is a fantastic teacher. More importantly, I learned so very much!" -- Isabella T.
What You'll Learn
- What Escrow Is And How It Works
- What does escrow mean?
- When is escrow used?
- How does an escrow account work and where is the account opened?
- Who sets up the escrow account?
- The role of the escrow agent
- The function of the escrow agreement
- Underlying transactions and the conditions precedent
- The importance of timing and a cut-off-date
- What happens if the conditions in the escrow agreement are met?
- What happens if conditions in the escrow agreement are not met?
- Escrow And Transactions In The Entertainment Industry
- What sort of transactions use escrow?
- Talent transactions
- Distribution transactions
- Funding transactions
- Who acts as escrow agent?
- How banks come into play
- Dealing with talent agencies
- Independent third-party escrow provider
- What sort of audiovisual projects use escrow?
- How To Use Escrow To Help Finance Your Film
- The relationship between escrow and financing explained
- How escrow protects your investors’ funds
- How escrow protect the producer’s liability
- How does escrow help you close financing?
- Q&A with David
Who Should Attend
All levels of filmmakers (advanced, intermediate and beginner) seeking information on alternative methods of film financing and how escrow accounts can play a role in the process.
All levels of showrunners (advanced, intermediate and beginner) seeking information on alternative methods of film financing and how escrow accounts can play a role in the process.
All levels of writers (advanced, intermediate and beginner) seeking information on alternative methods of film financing and how escrow accounts can play a role in the process.
Producers seeking information on alternative methods of film financing and how escrow accounts can play a role in the process.
Actors seeking information on alternative methods of film financing and how escrow accounts can play a role in the process.
Executive
David Zannoni is the representative for North America for Freeway Entertainment, a leading global provider of Collection Account Management, Escrow and Residual Payroll services for film, television and animation productions. For Freeway, David is involved in relationship management and business development.
David also runs his consultancy firm Zannoni Media. He focuses particularly on global service providers in the audiovisual industry and international film and TV productions. He is also the delegate of the Mexican National Chamber for the Film Industry (CANACINE) in the State of Quintana Roo.
As a film business specialist, David is continuously present at international film markets, festivals, and conferences, including the Cannes Film Festival, the American Film Market, Ventana Sur, the Toronto International Film Festival and Iberseries Platino Industria.
David has given presentations, workshops and seminars at universities across the globe and at events such as the yearly conference of the National Association of Latino Independent Producers in the US (NALIP), the Winston Baker Film Finance Conferences, the Rio Film Market and the Bogota Audiovisual Market (BAM).
Testimonials
Praise for David:
"David is incredible and lovely and clearly knows his stuff." -- Cynthia P.
"Eye-opening information. A no-brainer approach that wouldn't be so obvious to the uninitiated." -- Gary O.
"By far, the best class I've seen on the subject." -- Kirk K.
"David is a fantastic teacher. More importantly, I learned so very much!" -- Isabella T.
Credits
