Chapter 6
Completion Guarantors
This chapter presents the essential associations producers should have with completion guarantors, and reviews the application process and benefits of an expanded relationship. A completion guarantee sometimes is referred to as a completion bond and is an essential requirement for bank production financing. As is reviewed in Chapter 12, completion guarantors participate fully when engaged by producers during each picture’s development, soon after a studio distribution relationship has begun, and after the picture’s literary rights have been acquired.
What Completion Guarantees Do
A picture’s completion guarantee ensures the lending bank that the bonded picture will be completed on time and within budget constraints. ...
Get The Producer's Business Handbook, 2nd Edition now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
