Forum Replies Created

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  • Nestorl

    March 10, 2006 at 5:38 pm in reply to: Transparency of pricing

    Most producers, especially those dealing with ad agencies, use a AICP bid form. This is the standard and all ad agencies know how to read it. This is also becoming the standard overseas. We bid for projects from Israel, Italy, Lebanon, and Spain, and all want us to use an AICP for so that they can more accurately compare bids.

    Now for small projects, we use a simple estimate form and include as much detail as we can. Our experience is that clients will see the details and the final number equally. Hope this helps. Nestor.

    —————————
    Nestor L. Lopez
    Executive Vice-President
    Explorart Films
    http://www.explorart.com

    ——
    Statements presented in the message are statements of opinion only and should not be considered legal advice. Please contact a qualified entertainment attorney.

  • Nestorl

    March 10, 2006 at 2:33 pm in reply to: hd – ish

    Sorry Tom, you are right, the poster was comparing HDV to Digi Beta.. which is what you correctly clarified. I missed the last line of his post. Cheers, Nestor.

    —————————
    Nestor L. Lopez
    Executive Vice-President
    Explorart Films
    http://www.explorart.com

    ——
    Statements presented in the message are statements of opinion only and should not be considered legal advice. Please contact a qualified entertainment attorney.

  • Nestorl

    March 10, 2006 at 2:28 pm in reply to: hd – ish

    I think the original poster was trying to compare Panasonic Varicam with HDCam (Not with HDV), which is a fair comparison. HDV is not considered to be a flavor of HDcam.It may be a flavor of HD even though HDV is not a true HD format and suffers from the issues that you correctly stated. HDcam on the other hand is true HD and is a seperate format from HDV. Thus comparing Varicam HD and HDcam is more like comparing red apples to green apples. Also there are only two type of HDcam: HDcam and HDcam SR, both of which are true HD. HDcam SR is a 4:4:4 Cinema format used in features, HDcam is an HDTV ready format with true HD compression. Hope this helps.

    —————————
    Nestor L. Lopez
    Executive Vice-President
    Explorart Films
    http://www.explorart.com

    ——
    Statements presented in the message are statements of opinion only and should not be considered legal advice. Please contact a qualified entertainment attorney.

  • Nestorl

    March 10, 2006 at 2:14 pm in reply to: Liability and Property Insurance for Production Company

    Hello, There are 2 common ways you can do this:

    1. Buy a blanket production and liability insurance and

    2. Buy limited office insurance and then purchase event insurance for each production you do.

    The best model for most producers is to buy a blanket production and liability insurance. This will cover your general property and liability insurance for your office and all location shoots or projects you do. However, the types of projects covered vary so you need to make sure that the policy clearly covers the work that you do. You can not get a blanket insurance if you do features, but you can do so for documentary work, commercials, and I believe live shows (although I am not sure). This type of policy may cost you between 5K-10K depending on your size.

    Some people obtain a basic office policy that does not cover your business actions. That is, it only covers liability and property for your office. Then cover each project separately. The basic policy may cost you in the 1-2k range plus each location project. So you need to do the math based on how active you are and determine which is best for you.

    Consider contacting http://www.buyproductioninsurance.com and telling them about your situation. Hope this help.

    —————————
    Nestor L. Lopez
    Executive Vice-President
    Explorart Films
    http://www.explorart.com

    ——
    Statements presented in the message are statements of opinion only and should not be considered legal advice. Please contact a qualified entertainment attorney.

  • Nestorl

    February 16, 2006 at 4:21 pm in reply to: I need to know about E&O Insurance for Broadcast

    Hello Chris,

    Yes. E&O insurance is purchased after the production is completed. Usually the insurance company may require you to have an E attorney review the documentary

  • Nestorl

    February 15, 2006 at 2:38 pm in reply to: Models for collaborating with another company.

    Hello Eric, Two suggestions:

    In my opinion, the best way to do this:
    Keep the companies separate and continue to do business separately. But, create a new LLC with both of you as members and draft the operating agreement so that all new equipment and current liabilities (rent, bills, admin assistant, etc) are paid for, controlled, and owned by the LLC. For business purposes the new LLC will be paying rent, salary of administrator, equipment, insurance, etc. Both of your companies provide an equal amount every month to the LLC to pay for these liabilities. In the operating agreement, you would explicitly state what the LLC role is, how decisions are made, how it is funded, and most importantly how the partnership would end (how assets are distributed if it ends, etc). You can create a Delaware LLC for less than $300.

    This would allow you complete independent when it comes to your separate business decisions, but at the same time provide clarity as to how new assets and liabilities are controlled. The only decisions you have to make together are decisions that affect you both and that have to be made jointly (office space, what camera to purchase, etc).

    Another option:

    Have one company be the main company for joint business purposes. For example, let

  • Nestorl

    February 7, 2006 at 2:20 pm in reply to: Filming Location Permit

    hello Jonathan,

    Usually both. You may not require a city permit if you are shooting 100% inside private property and will not be affecting public areas (blocking traffic, etc). But you should contact your city offices. You will for sure need to obtain a permit from the owner of the building through the execution of a Location Agreement. This is a simple contract that gives you the rights to use the location of x purpose and describe the terms of the agreement. Usually at the end of filming you obtain a location release, which is a statement by the owner that the property is returned in the same condition as it was before the shoot, that the owner received all payments, and that the producer has no additional responsibilities to the owner. It releases you from further obligations.

    Hope this helps. Nestor.

    —————————
    Nestor L. Lopez
    Executive Vice-President
    Explorart Films
    http://www.explorart.com

    ——
    Statements presented in the message are statements of opinion only and should not be considered legal advice. Please contact a qualified entertainment attorney.

  • Nestorl

    January 18, 2006 at 2:51 pm in reply to: potential sticky situatiuon

    It is a bit early to complicate things since there is no script yet. This is my suggestion: Have your friend finish the script and register it with the WGA and the US copyright office. He owns the script because he wrote it unless he is working as an employee or on commission

  • Nestorl

    January 11, 2006 at 1:46 pm in reply to: Contracts, contracts, contracts…

    This is common practice. Do you have a basic contract they will sign? If so, you just need to add a “Rights”. Send me an email to info @ proandpost.com and I can give you a sample clause. Or you can search the web for web design contracts, most of which should have the copyrights clause. Cheers,

    Nestor L. Lopez
    Explorart Films
    http://www.explorart.com
    http://www.proandpost.com

  • Nestorl

    December 14, 2005 at 2:25 am in reply to: Tax Issues

    Hello Dustin, you should really make an appointment with an accountant and discuss this, since some of it will depend on your State. But here are some general thoughts on your questions:

    >>> First, can I pay these employees a one-time payment or does it have to be weekly or bi-weekly, etc?

    Yes. You can pay them anyway you want to. Not necessarily by the hour.

    >>> Second, do I have to pay per hour?

    No, I believe you can pay them by the project (salary).

    >> Also, would I need to terminate employment with them and rehire them at the start of a new project (if there are any) or would they be on hiatus?

    You do not need to terminate the employment. You simply do not include them in payroll for the months they do not work for you.

    >>>Second, with employees, do I need certain insurances beside a regular production insurance? For example, workers comp.

    Worker

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