image

This chapter presents the comprehensively beneficial association producers can and should have with completion guarantors, beginning with the initial planning and application process. A completion guarantee sometimes is referred to as a completion bond and is a requirement for bank and other common forms of independent and studio-related production financing. As is reviewed in Chapter 14, producers should engage their completion guarantor relationship during the early development of each of their pictures.

WHAT COMPLETION GUARANTEES DO

A picture’s completion guarantee ensures its financier(s)/lender—most often a bank—that the bonded picture will ...

Get The Producer's Business Handbook, 3rd Edition now with the O’Reilly learning platform.

O’Reilly members experience live online training, plus books, videos, and digital content from nearly 200 publishers.