Film Unions – Finding Financing or Finding Work
September 28, 2014 Leave a comment
FINDING FILM FINANCING, OR EVEN JUST FINDING WORK
In my last article, “Finding Film Financing – Can it be Taught?” I listed several blocks of knowledge which could be taught. Having a workable understanding of such things as Union/Guild Agreements, Film Payroll, Bank Loans, Tax Credits, Production Cost Controls, etc., and how they weave together, will project you as a competent professional.
KNOWING FILM UNION AGREEMENTS ELEVATES YOUR STATUS
Does that mean that a financier will invest in your film project if you know your way around film Guild and Union Agreements (SAG, DGA, IATSE, etc)? Not necessarily. But it does mean that an experienced financier will have more confidence in your decision-making, and will have more confidence in referring you, listening to other strategies more suitable to their portfolio, etc. It definitely gives you an elevated status which the film community will pick up on. That financier might just say, “I’m looking for a young executive like you…” and start negotiating a contract to keep you on full-time.
WORD OF MOUTH IS EVERYTHING IN THE FILM COMMUNITY
The film and television production community prides itself as being much different from the rest of the business world. Word of mouth is everything. Impress one studio executive, or an experienced bond company representative, or a state tax administrator, etc. and believe me you have just made an “in” with their contacts as well. There are so many “wannabe’s” and only a few who will actually go the extra mile to learn the financial building blocks of the business of producing film and television content. Show them you’re in that small group who understand Guild and Union Agreements and their confidence in you rises sharply.
FILM PAYROLL RULES ARE LOCATED WITHIN EVERY “AGREEMENT”
The film unions and guilds have made “Agreements” with the Alliance of Motion Picture and Television Producers, generally known as the AMPTP. The “Agreements” state the rules of the contract between the Guild or Union and the Producer, including all payroll rules.
Each Guild/Union has broken down their rules for calculating payroll into the following 4 categories:
- The “Basic Day” and Overtime Rules
- The penalties associated with “Rest Violations” (also called “Turnaround”, or “Forced Calls”).
- The penalties associated with violating Meal Periods (called “Meal Penalties”).
- The various circumstances associated with Travel – whether to a “Distant Location” (i.e. staying in a hotel), or traveling outside of a defined “Studio Zone”.
Once you know where these points are in each of the agreements your task becomes one of familiarization and practice.
THE NECESSARY TRAINING AND PRACTICE
I’ve found that a full weekend practicing the feature film payroll rules, followed up by on-line links to all the materials, is plenty for your average person to learn how to manage and to calculate the union/guild payrolls to “gross” (i.e. to the gross amount of pay due before union and government benefits/deductions). I also supply timecard templates (yes, with the formulas) which are “helpers”. Once you have a working understanding of the various Agreements you can fluidly optimize your management of any union/guild within your production.
For more information see http://www.talkfilm.biz
Cheers / John