Happy New Year everyone! I hope you’ve enjoyed some down time over the holidays or are still enjoying some down time. I’m back at work doing some planning for the year and in the process of that, jotted down some predictions I’ll share over the course of a few newsletters and we’ll revisit in December and see what came true or not. Why not?
But first, check this out…. 👇
Funding Strategies Bootcamp
I’ll be leading a live cohort starting Jan. 20 for my Funding Strategies Bootcamp. Together we’ll build an actionable finance strategy for your independent film or series project in five weeks. If you’re sitting on a slate of projects that need a kick-start into action, join me to build some momentum early enough in the year to potentially nudge a green-light into being :)
There’s a 20% discount is in effect through Monday 1/6 so click here to secure your spot now.
The Year US Productions Completely Move Abroad
Before I start with my first prediction of the year you can see what I said before the holidays about my the Financing Strategies that worked for me in 2024 here.
I bring this up because it directly relates to my first prediction that US productions will almost completely move overseas. Whether that’s to Canada, Bulgaria, the UK, Dominican Republic, or Thailand (or other)… more and more countries are advertising their wares to US producers and luring them in with not only competitive tax credits but the promise of lower wages and no union interference.
Obviously there are outliers in the margins - micro budgets who are too small to qualify for international tax credits and are non-union anyway, or on the other end of the spectrum massive studio films where stars have the power to dictate where they want to shoot. Outside of that, it’s just gotten too expensive to make most independent films in the US. I’ll go so far to say that if you’re not budgeting for outside the US at least as an exercise you’re doing your project a huge disservice.
For every project I’m overseeing or advising on right now, we’re budgeting for multiple international locations and running analysis on where to get the best bang for our buck.
In fact, many of the consulting inquires I receive are for strategizing international production options by leveraging my global network of production partners to bring big scale projects on small budgets to life.
It’s gotten to the point where even bigger budget projects (outside of mega budgets) can’t afford to shoot here - or they can’t get the amount of shooting days the director wants for the price they can afford to pay. 🤷🏻♀️
Plus there’s very few US locations that can’t be replicated in other parts of the world anymore - it’s incredible.
So that’s my soft ball prediction for this year, the wheels of which are already in motion and picking up speed.
What’s your thoughts on US production fully moving overseas?
Hit me up in the comments below!
I hope you all have a wonderful rest of the day and speak to you again soon!
Stacey
PS: Don’t forget the 20% discount on my Funding Strategies Bootcamp ends Monday. Learn more and register here.
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Happy New year, Stacey! It is for me as I have a producer for The MicroCosmic Cartoon Show! He is excited about the potantial of the movie and all the spin-offs. He can get the financing and A-list cast. He did a movie with Mel Gibson a couple of years ago and we are pitching it to Mel's production company and for one of the main roles. We shall see.
Your post is most welcome as non USA is very attractive. I made som good contacts at AFM before, so I am excited to explore the possibilities.
All the best for a splendid 2025.
Part of my strategy whether people take me seriously or not as a filmmaker. Essentially why I consume your content; to test which strategies still have utility and which don't, as markets and distribution change. Political and digital borders will come to be viewed more as membranes and less as actual barriers to market entry, metaphorically speaking.
This is partly why I moved and where I'm placing my bets.