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Master Class
Exporting African Content
Win-Win Strategies
Presented by AAA Entertainment
Distributors
 Distribute in a territory or region
 Theatrical (Cinema)
 DVD or Home Video
 VOD – SVOD, TVOD, AVOD, NVOD
 TV – Pay TV, Free to Air
 Ancillary : Airlines, Ships, Hotels
 Pay Minimum Guarantee (MG) or buy out territory
 Usually don’t deal with producers directly – prefer to deal with sales agents and other distributors
Platforms
 TVOD : iTunes, Google Play, Amazon
 SVOD : Netflix, Hulu, Vudu, Amazon
 AVOD : Hulu, Amazon, YouTube
 NVOD : Airline, Hotels, Ships
 Local : Showmax, VIU, iRoko, DSTV Now
 Most big platforms will only buy from distributors or aggregators
aggregators
 Aggregators acquire and supply to one or several of the major platforms in TVOD,
SVOD and AVOD
 Aggregators can also be distributors
 Aggregators manage the encoding of movie and trailer files for the specific
platforms, in house or through licensed encoding facilities
 Aggregators do a revenue share whereby +- 50% of the retail rental or purchase
price comes to the rights holder or take an aggregation fee (10-15%)
 Example of an all purpose aggregator is FilmBuff
Salesagents
 Sells to distributors, aggregators, platforms and broadcasters
 Don’t pay up front, but act like and estate agent and take a commission on the sales. Also charge costs of
selling the film against sales e.g. market attendance costs
 Take film to markets and festivals around the world and sell to buyers at these events
 Usually sign exclusive world wide rights for 5-10 years
 Repackage films for international markets
 Manage festival strategy and PR for festival and market run
 Manage legal contracts and accounting reports for sales
 Give letters of interest (LOI) to projects
BANKABLESales
agents
 Very few selected sales agents can give revenue guarantees and projections that are
“bankable” i.e. banks will fund against
 Most of them are specialized on foreign sales i.e. outside US
 Most of them are based in the UK in London
 These are very hard to get to read a script and needs the right director and other key HOD
involved to consider
 1.FilmNation Entertainment http://www.filmnation.com/
 2.Mr. Smith Entertainment https://mistersmithent.com/
 3.Rocket Sciencehttps://www.rocket-science.net/
 4.Sierra / Affinity http://sierra-affinity.com/
 5.Embankment Films http://www.embankmentfilms.com/
 6. The Exchange https://www.theexchange.ws/
 7. Voltage Pictures http://www.voltagepictures.com/
 8. Bankside Films https://www.bankside-films.com/home/
 9. Protagonist Pictures http://protagonistpictures.com/
 10.Hanway Films https://www.hanwayfilms.com/
“Incountrieswhereproducersareincentivisedby
governmenttocreatecontent,producerscreate
contentforthegovernment.Incountrieswhere
producersareincentiveforsuccessinthemarket,
producerscreatecontentforthemarket
(audience)”
- Jonathan Wolf, American Film Market
casting
Affect on sales (ONLY
INTERNATIONAL
CAST ATTRACT
PRE-SALES)
Determine the value
of cast for territory
Pay and Play
Contracts
Escrow accounts and
casting fees
Casting agents Cast managers
Casting director :
advisory vs. actual
casting
deliverables
 Movie Deliverables : ProRes File, DCP, BluRay, Encodes for
iTunes and other
 NTSC conversion for US
 Music Cue Sheet and Music License Materials
 Subtitles (.stl .srt) and Closed Captioned Files
 M&E for Dubs and transcript
 E&O Insurance
 Artwork
 Legals/Contracts : Key crew & cast, script and film clearance,
 chain of title (incl writers agreement), music clearance
 – cost3% of budget max approx. R250k
Selling finished content
vs.
Pre-Selling project in development
sellingadevelopmentproject
Sales projections
Pre-Sales to distributors, platforms and broadcasters
Determine the value of cast and assist in casting
Get coverage on the script
Packaging and proof of concept
Benchmark salability of content up front
Assist with key HODs and suppliers
Plan and execute out sales roll out while film is in post
Selling finished content
 Sales agents are more reluctant to sign on completed content
 Finished content is more difficult to re package as the post is
already done
 Deliverables for distribution are often omitted from the budget
and become an extra cost
 Completed content can no longer be benchmarked in the market
so the sales agent has to take it on risk
 By the time a sales agent gets the content, it has already aged
and with films festival submissions are a problem
 Content generally has a two year life cycle to sell as a new title
 Sales roll out not as effective once content is completed
?
Market
Who buys African films?
What films (genres) are
in demand?
whobuys
Africanfilms
 African buyers i.e. from the continent
 Diaspora buyers e.g. Africa Channel, Netflix
 African American and “Urban” content buyers e.g.
BET, Aspire, Bounce, Starz
 World cinema niche buyers e.g. Sundance Channel
 Genre buyers for specific genre where African element
is just a flavor e.g. Sci Fi Channel
What Film
genres are in
demand
 Action
 Horror
 Sci-Fi
 Thriller
 Fantasy
 The above genres will require proof of concept for
first time film makers in development to get pre-
sales
 Romantic Comedy (Tyler Perry, Wil Parker)
 Faith Based and Family
 NOT DRAMA
Badcontentnevertravels
Goodcontentoftentravels
Greatcontentalwaystravels
Packaging
Title
Trailer
Poster
Presskit
iNumberNumber Local Trailer
AvengedUS Trailer
ConGamesGerman Trailer
poster
LOCAL
POSTER
SOUTH
AFRICA
INUMBER
NUMBER
INTERNATIONA
L POSTER
GERMANY
CON GAMES
Press kit
 Production stills
 Frame grabs
 Detailed cast and director info
 Press release
 Any press coverage
 Social media presence
 Website
 IMDB listing
 Key Art
 The story/angle you want the press to pick up on must be
fed to them
PRandPRESS
Publicists Journalists Bloggers Influencers
Media
Liaisons
Editors Reviewers Critics Publications
Variety
Hollywood
Reporter
Screen
International
Screen Africa
(local)
The Call
Sheet (Local)
Blogs
The Business
of Film
Sydney’s
Buzz
Twitch.com
Festivalstrategy
North America
A
• TIFF
• Sundance
B
• Tribeca
• SXSW
• Telluride
• LA Film Festival
• AFI
Europe
A
• Cannes
• Berlin
• Venice
B
• Locarno
• St Sebastian
• Goethenberg
Asia
A
• Pusan
B
• Tokyo
• Hong Kong
• Melbourne
markets
FILM
 Marche du Film –
Cannes Film Festival
 European Film Market
(EFM) – Berlinale
 American Film Market
(AFM) - IFTA
 Hong Kong Film
Market (HKFM)
 Toronto International
Film Festival - Hybrid
 Ventana Sur –
Argentina (Spanish
Language)
TELEVISION
 NATPE – Miami
 MIPTV
(MIPDOC&MIPFORM
ATS)– Cannes
 DISCOP – Istanbul and
Johannesburg
 MIPCOM (MIPJNR) –
Cannes
 BANFF (Development)
– Canada
 TIFFCOM - Japan
 MIP Cancun, MIP
China
pascal@aaa-entertain.com
https://www.slideshare.net/digitalethiopia

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Master class exporting african content- win-win strategies

  • 1. Master Class Exporting African Content Win-Win Strategies Presented by AAA Entertainment
  • 2. Distributors  Distribute in a territory or region  Theatrical (Cinema)  DVD or Home Video  VOD – SVOD, TVOD, AVOD, NVOD  TV – Pay TV, Free to Air  Ancillary : Airlines, Ships, Hotels  Pay Minimum Guarantee (MG) or buy out territory  Usually don’t deal with producers directly – prefer to deal with sales agents and other distributors
  • 3. Platforms  TVOD : iTunes, Google Play, Amazon  SVOD : Netflix, Hulu, Vudu, Amazon  AVOD : Hulu, Amazon, YouTube  NVOD : Airline, Hotels, Ships  Local : Showmax, VIU, iRoko, DSTV Now  Most big platforms will only buy from distributors or aggregators
  • 4. aggregators  Aggregators acquire and supply to one or several of the major platforms in TVOD, SVOD and AVOD  Aggregators can also be distributors  Aggregators manage the encoding of movie and trailer files for the specific platforms, in house or through licensed encoding facilities  Aggregators do a revenue share whereby +- 50% of the retail rental or purchase price comes to the rights holder or take an aggregation fee (10-15%)  Example of an all purpose aggregator is FilmBuff
  • 5. Salesagents  Sells to distributors, aggregators, platforms and broadcasters  Don’t pay up front, but act like and estate agent and take a commission on the sales. Also charge costs of selling the film against sales e.g. market attendance costs  Take film to markets and festivals around the world and sell to buyers at these events  Usually sign exclusive world wide rights for 5-10 years  Repackage films for international markets  Manage festival strategy and PR for festival and market run  Manage legal contracts and accounting reports for sales  Give letters of interest (LOI) to projects
  • 6. BANKABLESales agents  Very few selected sales agents can give revenue guarantees and projections that are “bankable” i.e. banks will fund against  Most of them are specialized on foreign sales i.e. outside US  Most of them are based in the UK in London  These are very hard to get to read a script and needs the right director and other key HOD involved to consider  1.FilmNation Entertainment http://www.filmnation.com/  2.Mr. Smith Entertainment https://mistersmithent.com/  3.Rocket Sciencehttps://www.rocket-science.net/  4.Sierra / Affinity http://sierra-affinity.com/  5.Embankment Films http://www.embankmentfilms.com/  6. The Exchange https://www.theexchange.ws/  7. Voltage Pictures http://www.voltagepictures.com/  8. Bankside Films https://www.bankside-films.com/home/  9. Protagonist Pictures http://protagonistpictures.com/  10.Hanway Films https://www.hanwayfilms.com/
  • 8. casting Affect on sales (ONLY INTERNATIONAL CAST ATTRACT PRE-SALES) Determine the value of cast for territory Pay and Play Contracts Escrow accounts and casting fees Casting agents Cast managers Casting director : advisory vs. actual casting
  • 9. deliverables  Movie Deliverables : ProRes File, DCP, BluRay, Encodes for iTunes and other  NTSC conversion for US  Music Cue Sheet and Music License Materials  Subtitles (.stl .srt) and Closed Captioned Files  M&E for Dubs and transcript  E&O Insurance  Artwork  Legals/Contracts : Key crew & cast, script and film clearance,  chain of title (incl writers agreement), music clearance  – cost3% of budget max approx. R250k
  • 11. sellingadevelopmentproject Sales projections Pre-Sales to distributors, platforms and broadcasters Determine the value of cast and assist in casting Get coverage on the script Packaging and proof of concept Benchmark salability of content up front Assist with key HODs and suppliers Plan and execute out sales roll out while film is in post
  • 12. Selling finished content  Sales agents are more reluctant to sign on completed content  Finished content is more difficult to re package as the post is already done  Deliverables for distribution are often omitted from the budget and become an extra cost  Completed content can no longer be benchmarked in the market so the sales agent has to take it on risk  By the time a sales agent gets the content, it has already aged and with films festival submissions are a problem  Content generally has a two year life cycle to sell as a new title  Sales roll out not as effective once content is completed
  • 13. ? Market Who buys African films? What films (genres) are in demand?
  • 14. whobuys Africanfilms  African buyers i.e. from the continent  Diaspora buyers e.g. Africa Channel, Netflix  African American and “Urban” content buyers e.g. BET, Aspire, Bounce, Starz  World cinema niche buyers e.g. Sundance Channel  Genre buyers for specific genre where African element is just a flavor e.g. Sci Fi Channel
  • 15. What Film genres are in demand  Action  Horror  Sci-Fi  Thriller  Fantasy  The above genres will require proof of concept for first time film makers in development to get pre- sales  Romantic Comedy (Tyler Perry, Wil Parker)  Faith Based and Family  NOT DRAMA
  • 22. Press kit  Production stills  Frame grabs  Detailed cast and director info  Press release  Any press coverage  Social media presence  Website  IMDB listing  Key Art  The story/angle you want the press to pick up on must be fed to them
  • 23. PRandPRESS Publicists Journalists Bloggers Influencers Media Liaisons Editors Reviewers Critics Publications Variety Hollywood Reporter Screen International Screen Africa (local) The Call Sheet (Local) Blogs The Business of Film Sydney’s Buzz Twitch.com
  • 24. Festivalstrategy North America A • TIFF • Sundance B • Tribeca • SXSW • Telluride • LA Film Festival • AFI Europe A • Cannes • Berlin • Venice B • Locarno • St Sebastian • Goethenberg Asia A • Pusan B • Tokyo • Hong Kong • Melbourne
  • 25. markets FILM  Marche du Film – Cannes Film Festival  European Film Market (EFM) – Berlinale  American Film Market (AFM) - IFTA  Hong Kong Film Market (HKFM)  Toronto International Film Festival - Hybrid  Ventana Sur – Argentina (Spanish Language) TELEVISION  NATPE – Miami  MIPTV (MIPDOC&MIPFORM ATS)– Cannes  DISCOP – Istanbul and Johannesburg  MIPCOM (MIPJNR) – Cannes  BANFF (Development) – Canada  TIFFCOM - Japan  MIP Cancun, MIP China

Editor's Notes

  1. A distributor is an entity that distributes films in either their home territory or in multiple territories worldwide, across multiple windows and platforms (Theatrical, DVD, TV, VOD) Theatrical - Cinema release DVD – Physical disc for rental or retail TV – Cable, Satellite, Free to Air etc VOD – Video on demand, either subscription based (Netflix, Veedee, Hulu, BuniTV), transactional (iTunes, Google Play, Vimeo, iBiskop) or advertiser funded (YouTube, Hulu Free Account)   A distributor will either pay an MG (Minimum Guarantee) whereby an upfront payment is made for the right to distribute the film in one or more territories. Once the MG amount has been recouped as well as any costs to distribute the film, the revenue derived thereafter is shared with the film rights holders (producer or sales agent) after the distributor takes a commission. Usually the MG is the end of the deal as it is impossible to determine the costs to distribute. The other distribution deal is a straight revenue share whereby the distributor does not pay an amount up front and takes a commission on distribution revenue and passes on the net profits.   Some US distributors want all rights including broadcast (DVD, VOD, Theatrical). Be ready for long lists of deliverables if that’s the case. (Important: set money aside for close captioning, E & O insurance (mostly U.S.), broadcast quality transfer, NTSC conversion). Some distributors only deal with sales agents and may refuse to meet with producers directly.
  2. Platforms buy directly from producer although the bigger ones buy via aggregators or distributors e.g. Netflix US only buy from distributors and dales agents that pick up more than 50 new titles pre annum Platforms either pay a license fee, MG or do a revenue share deal Most popular VOD platforms (non traditional) right now internationally:   ITunes Sony Google Play Amazon Netflix Hulu Vudu Local : Showmax, VU, Veedee, iBiskop, OnTap, BuniTV, iRoko
  3. There are no licensed encoding facilities in Africa for iTunes
  4. Script coverage between $50-$150 www.slated.com How sales projections work : high, low, average. Best when tested with buyers or following pre-sales A sales agent is like an estate agent that represents a producer’s film to distributors, broadcasters and other buyers for the premise of earning a commission on any sales, and thereby maximising the sales potential of the film. A sales agent does all the contracts and reporting associated with the rights exploitation of a film and attend several markets and festivals throughout the year to represent the films they have signed. Sales agents also have relationships with certain festivals and use these to ensure the films they represent get selected and promote the films at these festivals in order to get the buyers’ attention for the film. A sales agent will typically broker the deals on behalf of the producers with the buyers and distributors, who often prefer to deal with the sales agent as opposed to having to educate the producers on licensing and distribution procedures and deliverables. Also distributors often feel that producers are too emotional about their films and can have a more candid discussion about a film with the sales agent.
  5. Script coverage between $50-$150 www.slated.com How sales projections work : high, low, average. Best when tested with buyers or following pre-sales A sales agent is like an estate agent that represents a producer’s film to distributors, broadcasters and other buyers for the premise of earning a commission on any sales, and thereby maximising the sales potential of the film. A sales agent does all the contracts and reporting associated with the rights exploitation of a film and attend several markets and festivals throughout the year to represent the films they have signed. Sales agents also have relationships with certain festivals and use these to ensure the films they represent get selected and promote the films at these festivals in order to get the buyers’ attention for the film. A sales agent will typically broker the deals on behalf of the producers with the buyers and distributors, who often prefer to deal with the sales agent as opposed to having to educate the producers on licensing and distribution procedures and deliverables. Also distributors often feel that producers are too emotional about their films and can have a more candid discussion about a film with the sales agent.
  6. Clean ProRes file – export and drive (R5,000) Subtitles file – create – (R1,500) Festivals DCP – no KDM (R15,000) iTunes and all other TVOD encodes – ($1,500) International SVOD encodes – ($1,200) Blu Ray (R1,500) DVD (R500) Conversion to NTSC (R25,000)
  7. Engaging a sales agent early on in development has the following advantages : Sales agents can assist with the raising of finances fore the film through sales projections and pre-sales to distributors, broadcasters or platforms Sales agent can help assess the value of cast targeted and help with the casting process Assist package the development project to be attractive to investors e.g. proof of concept, artwork and one pager Bench mark the salability of the film in key territories by showing it to buyers there Assist with attaching of key crew ands suppliers e.g. direcotr, HODs, VFX
  8. Sales companies are often more reluctant to come on to films once they are complete, as they can no longer influence the project to work for specific markets or genres Finished films need to packaged which can be complicated if the post is already done Deliverables are often not budgeted for in development and become an issue once the film is signed Completed films can no longer be benchmarked in the market so the sales agent has to take it on risk By the time a sales agent gets the film, it has already aged and festival submissions are a problem. It takes time to ramp up a festival and market strategy and sell a film while it is fresh Films generally have a two year life cycle to sell as a new title . If you looking for a sales agent after the film is completed and it takes 6 months to find a sign one, you have already lost 25% of the life cycle
  9. African buyers i.e. from the continent DSTV, Cana; Plus Diaspora buyers e.g. Africa Channel Nigerians etc abroad Black content buyers e.g. BET African American, carribean World cinema niche buyers
  10. Talk about Hard to Get example and XYZ and the Raid 1 & 2
  11. In US trailers cut by specific trailer companies Title adapted to territory or at least international Packaging done with marketing agencies or ad agencies who even decide the title e.g. wedding in title increases attendance by at least 10% Sales company will package according to what will sell the film the most. Not attached to certain images, actors, scenes etc like the filmmakers. Your favourite image, scene or actor may not sell the film best
  12. What does iNumber number mean to anyone overseas?
  13. Annecdote of Slumdog millionaire that took the film to festivals for one year screning it and inviting press and critcs
  14. SXSW (hesitant buyers because they waiting for Cannes)