IFH 374: Predatory Film Distributors - The Bankrupt Reboot Scam

IFH 374: Predatory Film Distributors - The Bankrupt Reboot Scam

I've spoken about predatory film distributors before on the show (The Dark Underbelly of Predatory Film Distributors – BEWARE!) but I just discovered how some of these scumbags have figured out how to absolutely screw over filmmakers using a legal loophole. It's called the Bankrupt Reboot Distribution Scam.

Here's how they do it. A predatory film distributor will prey on desperate indie filmmakers and will try to obtain the rights to as many low budget indie films as they can, usually for no money upfront in a short period of time. Let's say 1-2 years, if not faster. During that time they sell-off the rights in one big transaction to a bunch of different platforms, outlets, streaming, foreign agents, etc.

Now here's the rub, rather than actually paying filmmakers what they are owed, the distributor files for bankruptcy protection, which is extremely easy to do in the United States. So you must be asking

"If the distributor goes bankrupt, what happened to the rights of all those films?"

Glad you asked. These bottom dwellers go to the bankruptcy court hearing and then buy back all the rights to the catalog of films from their own bankrupt company. The court has no other choice because that is how the bankruptcy law is written and there's no one else there to buy these assets.

These bastards then form a new company and assign the newly purchased film catalog to themselves through that company. Now they are no longer legally obligated to pay the filmmakers (or anyone else they owe money to). So they own the film you killed yourself to make for pennies on the dollars and they never have to pay you a thing.

This is made possible because of the original contract the filmmaker signed, which has a clause absolving them of that in the event of bankruptcy. Then to add insult to injury when the rights they originally sold off expire, they re-sell them again.

These predators run this scam over and over and over with new companies formed each time. This is an extremely profitable business model. It's not ethical but it is legal.

In this episode, I breakdown a case study of how one of these predatory film distributors pulled this off and I also go over how you can protect yourself. Make sure you take some notes because this episode is a doozy!

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

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IFH 035: What Happens After You Win the SXSW Film Festival with Brant Sersen

IFH 035: What Happens After You Win the SXSW Film Festival with Brant Sersen

Have you always wonder what happens to indie filmmakers  who win HUGE film festivals like the SXSW Film Festival? Well wonder no more.I've invited one of my oldest friends onto the show, Brant Sersen, the writer and director of the SXSW Audience Award winning film "Blackballed: The Bobby Dukes Story" staring Rob Corddry.Some other films he's directed are Release, Splinterheads, and Sanatorium.Over the years I've heard Brant tell me all sorts of stories about his misadventures in Hollywood. So if you are expecting a "Entourage" style story you're on the wrong website.What I try to do with Indie Film Hustle is to give you the no BS info, stories and experiences you can only get by being in the heat of battle. Brant Sersen's story is no different.Take a listen...Become a supporter of this podcast: https://www.spreaker.com/podcast/indie-film-hustle-a-filmmaking-podcast--2664729/support.

24 Dec 20151h 3min

IFH 034: VFX Supervisor: Their Role & How They Can Help Your Film

IFH 034: VFX Supervisor: Their Role & How They Can Help Your Film

How can a VFX Supervisor make your indie film's VFX shine? I've been a VFX Supervisor on multiple feature films, shorts, commercial and music videos. My job was to get the shots the director wanted done at a high standard and on budget.I've seen many independent films come through my doors at Numb Robot with VFX dreams in their eye but also with no understanding or budget on how to achieve them, that where a good VFX Supervisor comes in.In this episode I breakdown what a VFX Supervisor does and also the things indie filmmakers need to understand before creating Jurassic World in their backyard.Become a supporter of this podcast: https://www.spreaker.com/podcast/indie-film-hustle-a-filmmaking-podcast--2664729/support.

22 Dec 201518min

IFH 032: How a Post Production Supervisor Can Save Your Butt!

IFH 032: How a Post Production Supervisor Can Save Your Butt!

So how can a Post Production Supervisor save your butt? Well I've been a Post Production Supervisor for over 15 years and have seen a lot of indie filmmakers get beaten up, taken advantage of and just plain ripped off in the post production process.In short the Post Production Supervisor is there to protect the film or project from going over budget, ripped off and making sure everything is done on time and budget. Here is the official definition of a Post Production Supervisor:Post Production Supervisors are responsible for the post production process, during which they maintain clarity of information and good channels of communication between the producer, editor, supervising sound editor, the facilities companies (such as film labs, CGI studios and negative cutters) and the production accountant. The Post Production Supervisor has a pivotal role in ensuring that the film's post production budget is manageable and doable, and that all deadlines are met. Take a listen!Become a supporter of this podcast: https://www.spreaker.com/podcast/indie-film-hustle-a-filmmaking-podcast--2664729/support.

15 Dec 201513min

IFH 031: How to Make a Good Script Great with Linda Seger

IFH 031: How to Make a Good Script Great with Linda Seger

Linda Seger is a legend when it comes to screenwriting coaching and script consultanting. She's been couching for over 30 years and pretty much invented the job title. After reading her best selling book, "Making A Good Script Great" I had to have her on the show.She's  best known for her method of analyzing movie scripts, which she originally developed as her graduate school dissertation on "What Makes a Great Script." She founded the script consulting industry, becoming the first entrepreneur who saw script consulting as a business, rather than an offshoot of seminars or books.Linda Seger has consulted on over 2000 screenplays and over 100 produced films and television shows including Universal Soldier, The Neverending Story II, Luther, The Bridge (miniseries,) etc.Take a listen to this master class on screenwriting with Linda Seger and get ready to take notes!Become a supporter of this podcast: https://www.spreaker.com/podcast/indie-film-hustle-a-filmmaking-podcast--2664729/support.

10 Dec 20151h 5min

IFH 030: How to Make a Music Video

IFH 030: How to Make a Music Video

So you want to make music videos. Want to follow in the foot steps of David Fincher, Mark Romanek and Spike Jonez? It's not a bad plan at all. Many filmmakers start off in music videos. It's a great place to get experience, learn the tools and experiment.I've directed a few music videos in my day and have worked in some capacity on hundreds over the years. I wanted to do an episode where I breakdown my process for making a music video. The music video in question is for the band Ozomatli and the stand up comic Gabriel Iglesias aka Fluffy.Gab and I have done a few projects together over the years, two of which were music videos, Hey It's Fluffy and Stand Up Revolution.I had an absolute ball shooting both. Today we will be dissecting Stand Up Revolution, which was for his Comedy Central show "Gabriel Iglesias Presents: Stand-Up Revolution." It was a large production for me and I learn a ton.Take a listen!Become a supporter of this podcast: https://www.spreaker.com/podcast/indie-film-hustle-a-filmmaking-podcast--2664729/support.

8 Dec 201521min

IFH 029: Blueprint to Make it in the Film Business with Richard "RB" Botto from Stage 32

IFH 029: Blueprint to Make it in the Film Business with Richard "RB" Botto from Stage 32

Blueprint to Make it in the Film Business with Stage 32Have you ever wanted an easy blueprint to make it in the film business? I know I have. Well you are in for a treat. I had an amazing interview with Richard "RB" Botto from the online film community Stage 32.com.Stage 32 is a US-based social network and educational site for creative professionals who work in film, television and theater. Stage 32 links professionals in the entertainment industry including directors, writers, actors and entertainment staff.It caters to film industry professionals with featured bloggers, online education taught by industry professionals, news from Hollywood and filming locations around the world, Stage 32 meetups page, an online lounge and a film business jobs page that allows members to connect with others on film ventures, along with standard social media functions.Become a supporter of this podcast: https://www.spreaker.com/podcast/indie-film-hustle-a-filmmaking-podcast--2664729/support.

3 Dec 20151h 46min

IFH 028: How Quentin Tarantino is Keeping Film Alive w/ The Hateful Eight

IFH 028: How Quentin Tarantino is Keeping Film Alive w/ The Hateful Eight

Ah, the good ol' digital vs film debate. Well you won't get any of that in the article or podcast. With Quentin Tarantino's The Hateful Eight coming out Dec 25, 2015, and it being shot in "Glorious 70mm," there has been a lot of chatter about film again.With filmmakers like Christopher Nolan shooting 35mm and IMAX on his latest film and JJ Abrams shooting Star Wars: The Force Awakens in 35 mm, film seems to still be an art form that many filmmakers are not ready to let go of just yet.What Quentin Tarantino has done with The Hateful Eight is unique. He has brought back to life the Ultra Panavision 70 technique along with anamorphic 65mm lenses that haven't been seen since the 60's.Here are some specs:Camera: Panavision 65 HR Camera and Panavision Panaflex System 65 StudioLenses: Panavision APO PanatarFilm Stock 65mm: Kodak Vision3 200T 5213, Vision3 500T 5219Aspect Ratio: 2.75:1Listen to the episode for the rest.Become a supporter of this podcast: https://www.spreaker.com/podcast/indie-film-hustle-a-filmmaking-podcast--2664729/support.

1 Dec 201520min

IFH 027: Kico Velarde - From Being Broke to Emmy Winner

IFH 027: Kico Velarde - From Being Broke to Emmy Winner

IFH 027: Kico Velarde - From Being Broke to Emmy WinnerThe Cinderella story that is Kico Velarde's life is remarkable. From being a struggling out of work editor to becoming the toast of the Cannes International Film Festival to winning an Emmy for producing Jay Leno's Garage. Crazy!!!His film PVC-1 - was accepted into the Director's Fortnight at the Cannes International Film Festival and was nominated for the Camera D' Or Award in 2007. He became the toast of the festival but barely had two cents to rub together as he spent his last cash on tickets to the festival.After the festival it took sometime to get back on his feet but then got an opportunity of a lifetime, to work as an editor on a small YouTube show about Jay Leno's Garage. Fast forward a year and he wins an Emmy for the show and the rest is history.Kico's story is truly an inspirational one. Take a listen and get ready to be inspired.Become a supporter of this podcast: https://www.spreaker.com/podcast/indie-film-hustle-a-filmmaking-podcast--2664729/support.

26 Nov 201549min

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