Green Monster - Part 3- Presales
Next, are presales through wither a sales agent or a foreign distributor. You hire on a sales rep at a percentage plus expense and they shop your idea around to all the film markets both domestic and international and sell territories. Piracy has made this type of fundraising a little more difficult but it can still be done. Chances are you won’t be able to raise your entire budget this way, so you can either raise the additional funding through Private equity (50/50) or use state tax incentives to close the gap in your budget. I will cover State tax incentives in a future article.