Visions & Expectations

Seasoned funders and filmmakers say that it’s important to have an honest discussion about each other’s experience in filmmaking and in philanthropy. From there, they need to clearly communicate their goals and make sure they are in alignment with each other. Then the two parties must discuss what the final product(s) might be—whether it’s a feature-length documentary, a series of short web clips or several different versions of the same film to suit different audiences. And finally, the distribution plan must be addressed.

The time to start talking is before a significant investment of time and money is made—even though aspects of the project might change as it takes shape. The more “engaged” the funding relationship is, the deeper these conversations must go, and the more time they will take. As one funder says, “Sometimes you have to go slow to go fast.”

Here are some specific questions to touch upon:

What exactly is your experience with funding/film?
What do you think I might not know about philanthropy/film production but should know for purposes of this project?
Name a documentary you’ve seen, funded or made that had a big impact on you?
What do we bring combined that will make the funded project even more successful?
What are the filmmaker’s and the funder’s respective goals for the project, in terms of artistry, entertainment and social impact? How do these goals overlap, differ or conflict?
What audiences does each of us want to reach, and what different versions of the film (and what distribution platforms) might best serve each of the target audiences?
How might online distribution, and the use of social networking and other new technologies be used to support the funder’s and the filmmaker’s goals for the film?
What are the funder’s and filmmaker’s roles in the distribution plan?
What happens if elements of the distribution plan fall through? For example, PBS or HBO doesn’t accept the film or a theatrical release isn’t viable?
How might digital streaming affect festival or theatrical distribution, educational/home distribution, as well as the sale of tickets, DVDs or downloads?

Also in this section of the complete Prenups guide:

GETTING TO KNOW YOU: WHAT FILMMAKERS AND FUNDERS TOLD US
IDEA: GO OUT ON A MOVIE DATE
IDEA: DEVELOPMENT FUNDING
WHAT YOU TOLD US ABOUT…POLYGAMY (MULTIPLE FUNDERS)
WHAT YOU TOLD US ABOUT…CHOOSING A FILMMAKER
WHAT YOU TOLD US ABOUT…POWER DYNAMICS
WHAT YOU TOLD US ABOUT…BIG-NAME DISTRIBUTION VENUES
CASE IN POINT: A FUNDER AND A FILMMAKER BOTH MEET THEIR NEEDS
CASE IN POINT: STRATEGIZING ABOUT DISTRIBUTION