RedBull Advances P&A-(Costs/Risks), HHSE Performs/
Post# of 7290
Quote:
Over the course of recent years, Hannover House went from "licensing" film distribution rights and putting up both an acquisition advance AND spending the substantial marketing costs... to moving into a P&A collateral model for films (but which still contained a risky "guarantee" or debt service obligation for HHSE). Our new business model for third-party-owned releases operates as a pure SERVICING venture... in which the producers advance 100% of all marketing costs and assume 100% of all risk (as there's no guarantee or collateral pledge by HHSE), with HHSE being paid an upfront "booking" fee and additional "marketing / operations" fees for facilitating releases. This form of servicing deal business model structure removes all risk to Hannover House, while still providing these third-party producers with access to mainstream theatres through the established Hannover House relationships.
http://hannoverhousemovies.blogspot.com/2019/...13-on.html
Clean deal, no risk, no possible lawsuits, only revenue, no downside