Natalie goes from her first days to ten years. One day we will see someone’s entire life into old age this way
Author: Ted Hope
Why does this matter? Zak Forsman tweeted it nicely: ” if tax payer is in 35% tax bracket and the film’s shot in a state with a 42% credit, investor’s eligible to get 77% of her investment back.”
To go a tad deeper, Zak Forsman posted it well:
Minutes ago, I received this email from my friend and fellow filmmaker, Justin Evans.
Dear Film Professionals –
Section 181 has finally been renewed! The new Tax Bill was signed into law by President Obama earlier today. The tax law includes Section 744, which includes language that replaces IRS Section 181’s expiration date of December 31, 2009 with December 31, 2011.
http://www.gpo.gov/fdsys/pkg/BILLS-111hr4853enr/pdf/BILLS-111hr4853enr.pdf
Here is what this means:
- Any money spent on qualifying domestic film production* in 2010 now qualifies for the Section 181 tax write-off.
- Any money spent on qualifying domestic film production* in 2011 will also qualify for the Section 181 tax write-off.
- There is no gap in Section 181 protection…which means all the fear and worry that someone might have begun a project in 2009, somehow didn’t get the financing in place and investors invested in early 2010 can now breath a sigh of relief.
Read all of what Zak has to say about it here. Thanks Zak!
Thankfully, Taylor Hackford recognizes that the film industry needs to wise up and educate itself on piracy. He and I agree on that. And I think we agree on the goal of it all, but I suspect we have completely different approaches to solving the problem. And that is where I am really concerned. To solve it, Hackford seems willing to sacrifice greater principles in the service of business, and that is a shame. I hope I am wrong.
Mr. Hackford, president of the DGA, was recently speaking at the Content Protection Summit and Variety reported on it. Reading the article I remain unclear as to what Hackford’s point is about piracy beyond that it is bad and we need to make it a real concern of the industry. He seems to be saying that if we want to protect our content, we have to be willing to give up on a free and open internet. He claims groups like Public Knowledge and Free Press as enemies. Shutting down a free and open internet is not the path to solving the piracy problem; it is the path to a closed society that favors a class or capital over access and opportunity — and that is the antithesis of what we need to do.
We can not create a system that favors the powerful, the connected, or the well capitalized.
- This is how it goes…
- Decreasing global value of non-blockbuster filmed content
- leads to decreasing funding which
- leads to decreasing budgets
- which leads to decreasing scope of execution
- which limits content & style
- which often reduces audience size & impact.
- Lower budgets lead to
- lower fees which leads to
- reduced access to international stars, which
- lowers value estimates of the film
- which reduces budgets and fees further,
- which reduces creative individuals ability to support themselves in the field.
- Which reduces availibility of quality product
- Which reduces audience satisfaction and faith in the industry
- Decreasing global value of non-blockbuster filmed content
- Which gets us to the world we live in today.
Categories
How We Evaluate The Now Now?
How do we measure the world around us? When did “Search” become one of those tools? I may be a bit slow on the uptake, but it certainly snuck up on me.
We have a bit of a redundancy in the recognition of those that create good work, but that good work does not end with what is up on the screen — which is the part that everyone seems to want to write about. I feel however that we must recognize those that focus not just on the development and production of good work, but those that commit themselves to ALL of cinema, including discovery, participation, appreciation, and presentation — what I consider the other 4 pillars of cinema.
Last year at this time, I put forth a list of inspiring folks, people who by their acts and ideas were giving me the energy to keep striving for a better film culture and infrastructure, one that was accessible to all, and slave to none. We are closer to a truly free film culture this year than we were last year, and I remain optimistic that we can be a hell of a lot closer next year than we are today, thanks in no small part to the 40 I have singled out these two short years.
This list, like last year’s, is not meant to be exhaustive. Okay, granted I did not get to the quantity to the 21 Brave Thinkers that I did last year, but the quality is just as deep. Regarding the lesser amount, I don’t blame the people — I blame the technology (of course). I wish I had better tools of discovery that would allow me to find more of the good work and efforts that are out there. I know I am overlooking some BTs again this year. But so be it — one of the great things about blogging is there is no need to be finished or even to be right (although I do hate it when I push publish prematurely — like I did with this — when it is still purely a draft).
I know I can depend on you, my dear brave thinkers, to extend and amend this work into the future. I do find it surprising how damn white & male & middle aged this list is. And that I only found two directors to include this year. Again, it must be the tools and not the source, right? Help me source a fuller list next year; after all, it is as Larry K tweeted to me about regarding who are the most brave these days: “Those whom you don’t know but who continue, despite the indifference of all, to create work that is authentic,challenging and real.” How true that is!
Last year I asked and stated: “What is it to be “brave”? To me, bravery requires risk, going against the status quo, being willing to do or say what few others have done. Bravery is not a one time act but a consistent practice. Most importantly, bravery is not about self interest; bravery involves the individual acting for the community. It is both the step forward and the hand that is extended.”
This year, I recognize even more fully that bravery is a generosity of spirit, as well as a generative sort of mind. It is extending the energy inside ourselves to the rest of the world. I often get asked why I blog (or why so much), and I have no answer for those folks. It can’t be stopped, for I believe if we love the creative spirit as much as the work it yields, if we believe we create for the community and not for the ego, how can we not extend ourselves and turn our labor into the bonds that keep us moving forward. In other words, no one can afford to create art and not be public (IMHO). If you want a diverse and accessible culture of ambitious work, you can not afford to simply hope it will get better — you have to do something (or get out of the business, please).
So without any further adieu, here’s my list of the nineteen folks who have done more on a worldwide basis
to start to build it better together,
