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The first ingredient of film production entails amalgamation of the package. Hence, it behooves
entertainment-industry participants to ascertain what packaging entails and how to best optimize it.
Let us explore such salient topic further.
OVERSIMPLIFIED DEFINITION OF PACKAGING
The definition for packaging used mostly in the industry is usually very broad and ambiguous. In fact, such definition could be used to describe any combination of the ingredients of production such as: combining a star and a director TO combining a writer and a line producer.
REALLY, Packaging means combining necessary elements to induce a financier to invest in production. Hence, packaging should be subdivided into TWO categories: Development Packaging and Pre-Production Packaging.
A. OVERSIMPLIFIED DEFINITION OF DEVELOPMENT PACKAGING
Development packaging encompasses the acquisition of a motion picture idea either:
Preproduction packaging is somehow similar to the definition of packaging. Nonetheless, this definition encompasses the assembly of all the elements necessary to induce a financier to commit to the ACTUAL production of the motion picture rather than just the production.
CAVEATS
Although preproduction packaging USUALLY follows development stage, in which the initial screenplay is written, financiers and talents COULD commit to a project based solely on the strength of the pre-existing underlying property. In this case, the pre-existing underlying property could encompass:____________
DORON EGHBALI is a Partner at the Beverly Hills Offices of Law Advocate Group, LLP. He Primarily Practices Business, Real Estate and Entertainment Law. Doron Can Be Reached at: 310-651-3065. For More Information, Please, Visit: HERE.
