BONUS EPISODE: The Complete Guide to NFT in Independent Film (and How to Make Money)

BONUS EPISODE: The Complete Guide to NFT in Independent Film (and How to Make Money)

So today we are going to go down the rabbit hole of NFTs. What the heck is an NFT. It is a Non Fungible Token. Basically, an NFT is a completely original digital file or a digital collectable which is registered on a blockchain ledger just like any cryptocurrency. But unlike cryptocurrency, like Bitcoin or Ethereum, an NFT is totally unique and because it lives on the blockchain it verifies who is the rightful owner of this one-of-a-kind digital collectable file.

In February 2021, digital artist Peebles sold a digital artwork for $69.3 million at auction. You heard correctly almost $70 million for a digital file. The founder of Twitter, Jack Dorsey, sold his very first tweet as an NFT for $2.9 million.

It took me a minute to understand what these things were and then it clicked. NFTs are digital baseball cards, comic books, Garbage Pail Kids or Pokemon cards. They are just a digital version and in many ways better because you know exactly how many copies exist.

The NBA is sell "moments" as NFTs through NBA Top Shots. Basically, they are selling highlight clips as NFT and they are killing it. Fans of the NBA are gobbling these NFTs as fast as they are released. I really think there is now one doing NFTs better than the NBA right now.

Musicians are having amazing success selling NFTs directly to their fans. This is turning the established music industry on its head. NFTs are essentially killing off the middle man. No more label, just a direct relationship with the artist's fans.

The other amazing thin about NFTs is that the artist continues to make money on every sale of the NFT forever. Let me explain. When an artist creates a NFT by minting it. Minting is the process of create the digital file (NFT) and placing it on the blockchain. The artist then sets the residual percentage every time the NFT sells.

So if I mint a short film and sell it for $500. I get $500. Now, if the new owner sells it 2 years from now for $10,000 I get 10% of that sale. Every time that NFT is resold I get my cut. All transactions transparent. All on the blockchain.

So how can filmmakers make money? There are so many options because NFTs are in their infancy. Everyone is trying to figure out how to use them in indie film. Some ideas are:

Selling the distribution rights to the entire film, like Kevin Smith is doing with is latest film Killjoy
Selling the distribution rights to your film in shares like the indie film Lotawana
Create an NFT to a short film to finance it
Sell NFT collectables from the film
Fund raise your film's budget with NFTs

These are just some ideas. I decide to throw my hat in the ring and created an experiment. I minted a few NFTs for my first short film BROKEN and some "legacy NFTs" of the first ever filmmaking tutorials ever uploaded to YouTube. Here is the description of one of the NFTs.

This NFT is called Muzzle Flash Breakdown and is one of the first filmmaking tutorials to ever be uploaded to YouTube. It was uploaded on August 28, 2006 by filmmaker, author and Indie Film Hustle Podcast host Alex Ferrari from his 2005 award-winning short film BROKEN.

It was taken from the best-selling DVD of the film. That DVD was one of the first indie short films to ever create a massive collection of tutorials and making of videos that explained how to make a low-budget independent film with off-the-shelf software and digital consumer cameras.

This is part of a limited series of filmmaking tutorials that were uploaded to YouTube from the short film BROKEN. All the videos were uploaded and released on the same day in 2006. The external link attached to this NFT will show the original upload to YouTube.

Link: https://www.youtube.com/watch?v=yFPoBZY5BrA

When you purchase this NFT you will also gain access to the short film BROKEN, the entire collection of tutorials and commentary tracks via private link and passcode. You will also receive the original QuickTime file that was uploaded to YouTube.

To access my NFTs go to: www.ifhnft.com

I released three of 6 of the total filmmaking tutorials I uploaded on YouTune back in Aug 2006. If these sell out I'll upload the rest and maybe some of my other popular short films I directed over the years. I wanted to give you an example of what an independent film NFT looked like and this is totally an experiment to see what happens.

Maybe I'll never sell an NFT, maybe I sell them three years from now or maybe they will sell out in 15 min. Who knows. What I am excited about is the potential of what this could mean for the indie filmmaking community.

In this episode I break down everything you need to know about NFTs, how to make money with them and more. Enjoy!

Become a supporter of this podcast: https://www.spreaker.com/podcast/indie-film-hustle-a-filmmaking-podcast--2664729/support.

Jaksot(979)

IFH 639: I Almost Died Making My Indie Film with Josh David Jordan

IFH 639: I Almost Died Making My Indie Film with Josh David Jordan

Josh David Jordan is a Texas filmmaker, director, actor and artist. Starting off as an actor, He appeared in several feature films, as well as the sitcom, SCRUBS. He began to slowly transition myself behind the lens. Josh worked on MTV featured music videos for the Polyphonic Spree, Rhett Miller of the Old 97's and many more.After premiering his short film, SAM AND GUS, and winning several film festival awards, along with audience awards, Josh decided to write and direct his first full length feature film, THIS WORLD WON'T BREAK, which won 14 film festival awards, received distribution, theatrical release, dvd and on every platform. Josh recently directed Joshua Ray Walkers hit single and directed the live spot on The Late Show with Jimmy Fallon. Currently in preproduction for the feature film El Tonto Por Cristo.Enjoy my conversation with Josh David Jordan.Become a supporter of this podcast: https://www.spreaker.com/podcast/indie-film-hustle-a-filmmaking-podcast--2664729/support.

6 Joulu 20221h 1min

MONDAY MOTIVATION!: The One Secret to Success in the Film Business

MONDAY MOTIVATION!: The One Secret to Success in the Film Business

Monday Motivation! We all need a kick in the butt sometimes on our screenwriting journey. These episodes will do just that. Never stop chasing that dream and keep on hustling.Become a supporter of this podcast: https://www.spreaker.com/podcast/indie-film-hustle-a-filmmaking-podcast--2664729/support.

6 Joulu 20222min

IFH 638: The Business of Selling Story with Ken Atchity

IFH 638: The Business of Selling Story with Ken Atchity

Today guest is author, publisher, and producer Ken Atchity. Ken recently produced the global blockbuster (Jason Statham) and is the founder of Story Merchant. Ken wrote the best-seller Sell Your Story to Hollywood: Writer's Pocket Guide to the Business of Show Business. I wanted Ken on the show to discuss the business side of screenwriting, a part of the industry that isn't spoken about enough. We also discuss the "story market."Here some background on Ken.In 1976, Atchity founded L/A House, Inc., a consulting, translation, book, television, and film development and production company whose clients included the Getty Museum and the US Postal Service. L/A House began by extending Atchity's teaching of creative writing to manuscript consultation and soon moved on to publishing with the production of Follies, a magazine covering creativity, and CQ: Contemporary Quarterly; Poetry and Art of which he was editor. In the 1980s L/A House moved into television, with a syndicated television pilot of BreakThrough! of which Atchity was executive producer and co-writer.In 1985, L/A House began development of a set of video/TV romance film projects entitled Shades of Love, which became 16 full-length films, produced in 1986–87 with Atchity as executive producer, that aired throughout the world, distributed by Lorimar, Astral-Bellevue-Pathe, Manson International, and Warner Brothers International, nominated for Canada's Gemini Award; in the U.S. they premiered on Cinemax-HBO.In 1989 he sold L/A House and founded AEI (Atchity Editorial/Entertainment International), a literary management and motion picture production company. Atchity sold Steve Alten’s Meg to Bantam-Doubleday at auction in a $2.2M deal; and then to Disney, partnered with Zide-Perry, for $1.2 (later, to Newline Pictures for a similar price). Incorporated in 1996, its name was changed to Atchity Entertainment International, Inc. in 2005.In 2006, he and manager-partner Fred Griffin of Houston's Griffin Partners along with a group of investors from Louisiana and Texas, acquired The Louisiana Wave Studio, LLC in Shreveport, Louisiana from Walt Disney Productions. The LWS is the only tank specifically designed to make waves for motion pictures in North America. Films produced at the LWS include The Guardian, Mayday—Bering Sea, Shark Night 3D, Streets of Blood, and I Love You, Philip Morris; along with numerous government and industrial films.In 2011 Atchity was nominated for an Emmy for producing The Kennedy Detail (Discovery) based on their clients' Jerry Blaine and Lisa McCubbin's New York Times bestselling book by the same title published by Gallery/Simon & Schuster in 2010. AEI's films include Joe Somebody (Tim Allen, Julie Bowen), Life Or Something Like It (Angelina Jolie, Edward Burns), and The MEG (Jason Statham).In 2010, Atchity also founded Atchity Productions and Story Merchant.Enjoy my conversation with Ken Atchity.Become a supporter of this podcast: https://www.spreaker.com/podcast/indie-film-hustle-a-filmmaking-podcast--2664729/support.

1 Joulu 20221h

BONUS EPISODE: How To Raise Money For Your Film In TODAY’S CRAZY World With Franco Sama

BONUS EPISODE: How To Raise Money For Your Film In TODAY’S CRAZY World With Franco Sama

Now let's get into today's AMAZING guest. We have on the show returning champion film finance expert Franco Sama. His first episode is one of the most downloaded episodes in the history of the show (Listen to that episode here). Franco and I joke that his last episode turned him into a celebrity at film markets and festivals around the world. I mean he can barely walk the halls of AFM without getting recognized.Franco is a well of knowledge in the film finance space and I have learned tons from him over the years. We discuss the effect the Coronavirus is and will have on not only raising money for a film but also selling that movie to an ever-changing marketplace. Nobody knows what will happen to the industry after this virus passes. We also discuss which studios are more vulnerable than others and the dos and don ts when raising money for an indie film into today's marketplace.Here's a bit about today's guest.Independent feature film producer Franco Sama boasts a remarkable and extensive history in public speaking, public relations, and nearly two decades of independent film development, production and financing experience.Sama has Executive Produced and/or produced an impressive array of over twenty (20) successful independent feature films including most notably, “Guns, Girls and Gambling” starring Gary Oldman, Christian Slater, and Dane Cook which is now a cult favorite; this film was released into theatres and acquired a worldwide distribution deal from Universal Pictures.Other films Sama has produced include; “Black Limousine” starring David Arquette and Vivica Fox, “Tooth and Nail” starring Michael Madsen and Vinnie Jones, and "Paid" starring Corbin Bernsen and Tom Conti.  Sama also serves as Executive Producer on the film festival darling “Petunia” starring Thora Birch, Brittany Snow and Academy Award winner Christine Lahti.His shingle “Samaco Films, LLC”, headquartered on the lot at the prestigious, privately owned and operated, independent film studio, Los Angeles Center Studios in Downtown Los Angeles, is currently financing and producing a slate of several independent feature films, including, “Vodun”, “Alexis Colette” and recently wrapped production on the $1M thriller, “The Inheritance”.In addition, Sama is also a highly sought after public guest speaker having launched his hugely popular film financing and distribution forum program “Finance Indie Road Map”, otherwise known as “The F.I.R.M.” which is designed specifically to educate and assist first and second-time filmmakers in their quest to develop, fund, produce and release their first feature film(s).This EPIC episode is by far one of the most important shows you could listen to. Please share it with all your filmmaking and screenwriting friends. If you want the latest information on what it is like to raise money in today's crazy world get ready to take notes. Enjoy my conversation with Franco Sama.Become a supporter of this podcast: https://www.spreaker.com/podcast/indie-film-hustle-a-filmmaking-podcast--2664729/support.

30 Marras 20222h 1min

IFH 637: Lighting for David Fincher & Michael Mann with Erik Messerschmidt

IFH 637: Lighting for David Fincher & Michael Mann with Erik Messerschmidt

Award-winning director of photography Erik Messerschmidt, ASC has a natural eye for arresting and spellbinding images, thriving in a role that allows him to combine his love of art, craft and science. Recently, he lensed Devotion for director J.D. Dillard, based on the real-life story of a Black naval officer who befriends a white naval officer during the Korean War, with both becoming heroes for their selfless acts of bravery. He also is currently shooting Michael Mann’s biographical film Ferrari, starring Adam Driver, Shailene Woodley, and Penélope Cruz, and recently completed shooting David Fincher’s The Killer, starring Michael Fassbender and Tilda Swinton.Previously, Messerschmidt shot Fincher’s passion project Mank, chronicling the screenwriter Herman Mankiewicz’s turbulent journey to write Citizen Kane alongside Orson Welles. Messerschmidt’s meticulous and striking black and white recreation of the period’s aesthetic earned him the Academy Award for Best Cinematography, an ASC Award for Outstanding Cinematography in a Feature Film, a BSC Award for Best Cinematography in a Theatrical Feature Release, a BAFTA Award nomination for Best Cinematography, as well as Best Cinematography award nominations from the San Francisco Bay Area Film Critics Circle, the Broadcast Film Critics Association Critics Choice, and the Alliance of Women Film Journalists.In addition, Messerschmidt co-lensed several episodes of the HBO Max original series Raised by Wolves from producer Ridley Scott. He also shot the first and second seasons of Fincher’s hit thriller series Mindhunter for Netflix, earning a 2020 Emmy Award nomination for Outstanding Cinematography for a Single-Camera Series (one-hour) for episode 206.With a background in the fine arts world, Messerschmidt honed his skills while working with such renowned cinematographers such as Dariusz Wolski, ASC, Jeff Cronenweth, ASC, Phedon Papamichael, ASC, Claudio Miranda, ASC, and Greig Fraser, ASC. Messerschmidt now lives in Los Angeles and is a member of IATSE Local 600. He is represented by DDA.Enjoy my conversation with Erik Messerschmidt.Become a supporter of this podcast: https://www.spreaker.com/podcast/indie-film-hustle-a-filmmaking-podcast--2664729/support.

29 Marras 20221h 21min

MONDAY MOTIVATION!: Do You Have Filmmaking Street Knowledge?

MONDAY MOTIVATION!: Do You Have Filmmaking Street Knowledge?

Monday Motivation! We all need a kick in the butt sometimes on our screenwriting journey. These episodes will do just that. Never stop chasing that dream and keep on hustling.Become a supporter of this podcast: https://www.spreaker.com/podcast/indie-film-hustle-a-filmmaking-podcast--2664729/support.

28 Marras 20222min

IFH 636: The RAW Truth About Screenwriting in Hollywood with Rick Najera

IFH 636: The RAW Truth About Screenwriting in Hollywood with Rick Najera

Today on the show we have award-winning screenwriter, actor, director, producer, sketch comedian Rick Najera. Rick is also an author, playwright, coach and national speaker with an expansive portfolio of credits in all forms of entertainment.From starring in films with Sidney Poitier, George Clooney and most recently Mario Lopez, to writing sketch comedy for Jim Carrey and Jamie Foxx, Najera is best known for starring on Broadway in his award-winning, self-penned stageplay, Latinologues, directed by comedy legend Cheech Marin. Najera is only one of three Latinos to ever write and star in their own play on Broadway.As a screenwriter, Najera has written dozens of scripts for TV, film and the stage, starting out in the industry as a staff writer on the groundbreaking urban comedy series, In Living Color, for which he wrote more than 30 episodes. Najera went on to write for Townsend TV (10 episodes), MAD TV (47 episodes), East Los High – a Hulu original (21 episodes) and more.He penned the feature film Nothing Like the Holidays starring Debra Messing, Alfred Molina, John Leguizamo and Luis Guzman, which won him an ALMA Award. Najera learned from great writers like Spike Lee, Quentin Tarantino and Scorsese to “write what you know’ and has been a pioneer in Hollywood telling his American experience, from a Latino perspective.Rick and I discuss the raw truth about working in Hollywood, writing comedy, working with greats like Jim Carrey and Jamie Foxx and much more. This is a entertaining and informative episode. Get ready to take notes.Enjoy my conversation with Rick Najera.Become a supporter of this podcast: https://www.spreaker.com/podcast/indie-film-hustle-a-filmmaking-podcast--2664729/support.

24 Marras 20221h 22min

BONUS EPISODE: Lighting the Biggest Films of All-Time with Dean Cundey A.S.C

BONUS EPISODE: Lighting the Biggest Films of All-Time with Dean Cundey A.S.C

Today, my guest is a prolific cinematographer, accomplished photographer, and member of the American Society of Cinematographers, Dean Cundey.Dean rose to fame for extraordinary cinematography in the 1980s and 1990s. His early start was working on the set of Halloween.  Dean is credited as director of photography on five Back To The Future films and Jurassic Park.The Halloween slasher franchise consisted of eleven films and was initially released in 1978. The films primarily focus on Michael Myers, who was committed to a sanitarium as a child for the murder of his sister, Judith Myers. Fifteen years later, he escapes to stalk and kill the people of the fictional town of Haddonfield, Illinois. Michael's killings occur on the holiday of Halloween, on which all of the films primarily take place. The second film, one of which Cundey served as director of photography, was based on Marty McFly, who had only just gotten back from the past when he is once again picked up by Dr. Emmett Brown and sent through time to the future. Marty's job in the future is to pose as his son to prevent him from being thrown in prison. Unfortunately, things get worse when the future changes the present.The three Back To The Future films Dean worked on grossed $388.8, $336, and $243 million globally, becoming all-time hits on budgets of $19, $40, and $40 million.Cundey is cited as being amongst some of the best directors of photography. In addition to his lighting skills, particularly in the famous hallway scene where the hidden face of Michael Myers is slowly revealed by way of a blue light next to the mask, he was among the first cinematographers to make use of a recent invention called the Steadicam, or paraglide.Some other shows and movies he's worked on include, Who Framed Roger Rabbit, Tales of the Unexpected, Romancing the Stone, Invitation To Hell, Big Trouble in Little China, etc.Who Framed Roger Rabbit; A toon-hating detective is a cartoon rabbit’s only hoping to prove his innocence when he is accused of murder. Basically, 'Toon star Roger is worried that his wife Jessica is playing pattycake with someone else, so the studio hires detective Eddie Valiant to snoop on her. But the stakes are quickly raised when Marvin Acme is found dead, and Roger is the prime suspect. Groundbreaking interaction between the live and animated characters, and lots of references to classic animation.Dean grew up an avid reader of the American Cinematographer magazines he would buy after school from a local camera shop close by. That was how his inspiration to pursue filmmaking came about. He shifted his focus to theater history while still taking some architectural design classes at California State University before he ultimately enrolled at the University of California Los Angeles film school.In 1993 Jurassic Park, Dean made a minor appearance as a boat crew member (Mate) while also staffed as director of photography. The film follows a pragmatic paleontologist visiting an almost complete theme park tasked with protecting a couple of kids after a power failure causes the park's cloned dinosaurs to run loose. Huge advancements in scientific technology have enabled a mogul to create an island full of living dinosaurs. A park employee attempts to steal dinosaur embryos, critical security systems are shut down, and it now becomes a race for survival with dinosaurs roaming freely over the island.Cundey holds over one hundred and fifty cinematography & photography credits for movies, television, and short films. That is no small feat in this business. The man has stayed busy and booked since graduation from film school. That kind of consistency in Hollywood is only doable by having extreme persistence and excellence.One of the many things he did to stay prepared and on top of his craft was investing into building himself a ‘super van’ or one couple call it a cinematographer’s heaven that contained every equipment (cameras, editings tools, etc.) required to help him get work get and do work easily. We talk more about this in our chat.Enjoy my conversation with Dean Cundey.Become a supporter of this podcast: https://www.spreaker.com/podcast/indie-film-hustle-a-filmmaking-podcast--2664729/support.

23 Marras 20221h 13min

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