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BizExam
Stack #172266
| Question | Answer |
|---|---|
| What's the upside of getting a DBA | tax benefits |
| What's the downside of getting a DBA | no liability protection |
| What's the upside of getting a bank loan | banks don't take a cut from profits, or creative control |
| What's the downside of getting a bank loan | high interest rates, can only pay back in cash |
| What is a negative pickup? | Distributor asks for all rights once project is completed for one bankable price |
| What are the 9 advantages of being in a corporation | contracts, loans, Owner protection. Profit sharing, pension plans, and group insurance for Employees. Can own property, can deduct business expenses. Can have investors. |
| what's the 7 components of a limited partnership? | concept, production schedule, cast&crew, budget, income projections, passive limited partners, and a few general partners. |
| Major advantage of limited partnership | partners only liable for what they invest. |
| What makes S Corporations speacial? | income taxation occurs at shareholder level instead of federal income tax at corporate level |
| Which organization is the newest form of a corporation which has a dissolution date | an LLC |
| LLC perks? | single taxation, limited liability, non US members allowed |
| What is the time frame for video sales to be made? | 18 - 24 months |
| Where does a picture have to open in order to be considered a national release? | New York |
| What are the four parts of a distribution contract | Time frame, Rights, Territories, Print and Advertising |
| Types of rights dealt with in a deal | domestic, foreign, theatric, video, non theatric(educational / corporate) , cable, satelite |
| What is the most important piece of marketing advertising? | One Sheeter |
| 5 factors in selecting a distributor | individual opinions on the distributor, creative directories, particular genre dealt with by distributor, budget range dealt with, distributor's realm (domestic, foreign, video, cable) |
| What is four walling | a distributor rents a theatre for a flat weekly fee and takes in all ticket revenue |
| blitz release | a film opens on thousands of screens nation wide simultaneously |
| platform release | a film that shows on no more than 475 films simultaneously that cascades into different markets and has patterns of theater openings |
Created by:
ribeezy