EXECUTIVE SUMMARY WWW.BARRISTERSPICTURES.COM COLLEGE BALL The Motion Picture An intense drama based on true events. Written by Barry Nnanna Screenplay by Carey Borth and Barry Nnanna Contact: Barristers Pictures Barry Nnanna P.O. Box 213 Beverly Hills, Ca 90213 Phone: 310.273.2727 FAX: 310.273.2773 Email: [email protected] Contact: Carey Borth, Esq. Careyborth_IMDB Email: [email protected] Confidential The information contained herein is the confidential information about Barristers, LLC. and its projects & is being distributed for informational purposes only and upon request. Any person who reads this material agrees by the act of reading it to keep confidential the information created herein. The furnishing of this confidential material does not constitute an offer or solicitation of securities in any state or other jurisdiction in which such an offer is not authorized. Any offering will be made only pursuant to an offering memorandum and after the offering has been registered or an exemption from registration has been obtained in compliance with applicable securities laws. All rights reserved. Copyright 2013 WGA#1669961 THE FILM PACKAGE This film package is the sum of the elements that define the film product being sold. In the case of College Ball, the key elements are the producers, budget, script, shooting, location, and financing strategy.The film attorney and producer, Carey Borth will provide regular reports to investors throughout the preproduction, post-production and exploitation phase of the film as the package is enhanced. The investors or the attorneys and Carey Borth will communicate directly in regards to all financial and contractual issues. OVERVIEW- COLLEGE BALL Entity: Carey Borth, LLC. and Barristers, LLC. Purpose: Production and Distribution of a single Motion Picture The executive producers/investors can also determine a budget based on their choice of talent. Budget: Three-Million U.S. Dollars, plus distribution and advertising Source of Production: The Producers and screenplay writers are in the process of identifying a procuring and financing production partner that would fund the film in the amount of two-million US dollars. The producers would grant the partner equal equity profit participation. Development and: Pre-production Development and pre-production will be funded by Carey Borth, LLC and Barristers, LLC. Below-The-Line: Financing Partner / Investors will fund below the line costs. Worldwide Distribution Sources / Prospects: Fox Searchlight Pictures (Domnestic) New Line Cinema, Inc. (Domestic) Samuel Goldwyn Films (Domestic) Lions Gate Films (Domestic) Miramax (Domestic) Nu-Image (Foreign) Commencement of Principal: Pending Photography Location: Los Angeles, California and Milwaukee, Wisconsin Cast: Because College Ball’s topic is so widely debated, the budget chosen for this film is not necessarily for the film to be star driven. Our objective is to assemble a strong ensemble cast around several highly known and marketable actors / actresses in order to deliver a high-impact cinematic experience. We will be relying upon great actors / actresses who are attracted to the substance of the picture and driven by their love for fairness and equality for all human kind. The film producers have extensive knowledge and contacts to attract marketable actors / actresses to be attached to the production for a fairly below the market value, due to actor’s / actress’ love for fairness and equality. PRODUCTION TEAM Producer: Carey Borth and Barry Nnanna Associate Producer: TBD Director: TBD Screenplay: Carey Borth and Barry Nnanna Story By: Barry Nnanna Executive Producers: Prospective Investors Director of Photography: TBD Editor: TBD Sound Designer: TBD PRINCIPAL CAST: Due to budgetary constraints, the producers visions is to cast marketable actors/actresses at below fair market value. They would also like to cast other stellar groups of emerging young actors/actresses and recording artists, to empower the film project. The story College Ball is a hot topic, and is expected to appeal to the urban and main stream USA audiences. The story has elements that will be of interest to most age groups. The target demographic is 18-65. PREFERRED CAST: ( in development ) Monica Elliot: Eva Longoria, Heather Graham Justin Elliot: Andrew Astor- Hangover, Mason Cook- Spy Kid Fred Martin: Wesley Snipes Nadia Thornton: Dakota Fanning, Lindsay Lohan Melissa Andrews: Chelsea Tavares, Logan Browning Kenny Anderson: Justice Nnanna Ellen Jones: Gabriel Union, Sanaa Lathan Tom Edward: Tom Sizemore BIOGRAPHIES Barry Nnanna is the founder of Barristers, LLC. The story College Ball was originally written by Barry Nnanna. He then collaborated with Ms. Carey Borth, an attorney with better film background than Barry. Barry formed Barristers in 1994, originally a designer fashion store located in Beverly Hills, CA. The store provided designer fashion to athletes and entertainers. Around 2003, Barry began reading scripts for feature films starring his friends in the movie industry. Barry then decided to start writing scripts. Barry has written other scripts like Biological rip-off, and The Growth, but he picked up extraordinary interest in the story College Ball because of the inequality against minority athletes. Barry played soccer in high school and regrets not pursuing a career in sports, as his high school team mate Michael Emenalo played in World Cup Soccer held in the USA in 1994, and he is currently the technical director with the Chelsea Soccer Team. Barry feels like his contribution to the sports industry is to make sure that every athlete can earn a living at any age possible, since other gifted and talented entertainers are making a living at any age possible. Barry did not study theater or film in college, but his son Justice recently graduated from NYU with a degree in theater and film. College Ball is a story by Barry Nnanna. THE STORY College Ball- A brief story synopsis Genre: Tagline: Drama-Romance-Suspense-Equality How do you make money off of someone, and tell them they can’t make money off of themselves? Logline: A star college athlete learns that his girlfriend worked as an escort to stop his mother’s eviction. He rebels, hires an agent, challenging the NCAA policies violate the equal protection clause and America’s free enterprise. SYNOPSIS COLLEGE BALL By Barry Nnanna and Carey Borth Monica Elliott, a middle-age, immigration lawyer divorcee, is driving along the freeway with her 12 year old son, Justin. Justin begs his mother to stop the car as he recognizes, on the side of the road, his college football hero, Peter Jones. Peter is stranded, on the side of the freeway, standing next to a broken down car. Quite simply, Peter’s run out of gas on the side of the freeway, all because he’s plain broke, penniless! As Monica and Justin approach him, he explains his situation. Monica hesitantly gives him a ride to a nearby gas station and ten dollars for enough gas to make it home. His sad story is told as Justin explains to his mother, that although a College Football Hero, he’s broke because Peter is just a pawn, playing in the National Collegiate Athletic Association (NCAA). A consortium that is a con to college athletes, rigged into playing at their best abilities, but kept on the verge of starvation, as the NCAA falsely brainwashes society with the pretense of a grand college education, while violating college athletes equal protection clause and America’s free enterprise, as they, the NCAA pocket millions. Nadia, Peter’s girlfriend, discusses ways in which she can gain an income to help support Peter while he’s playing college football. After a discussion with her friend, Mellissa, who works as an escort, supporting her own college football boyfriend, Michael, Nadia decides to follow Mellissa’s footsteps. Nadia feels that this will help Peter’s financial situation as well as his mother’s eviction court hearing. NBA and NFL players are denied American free enterprise before they can gain employment in the professional league. Baseball players have free enterprise out of high school. Is the uneven playing field between the NBA, NFL players, baseball and young artists monetary or race or both? Is the coalition between the NCAA and Professional teams “UN-AMERICAN”? Is it “UN-AMERICAN” to tell a 20 or 21 years old basketball or football player that they can’t have an agent, despite the NCAA, their coaches and other gifted entertainers are all represented by agents? College Ball is one of the most powerful stories of love, equality, and drama. College Ball is based on true events. INVESTMENT OPPORTUNITY Carey Borth, LLC. And Barristers, LLC. will associate with one or several investors who will participate in the financing of this picture. The 1st. phase of development financing will provide the financial resources for such key tasks as the payment of legal costs related to preparation of talent contracts, the creation of the final shooting script, the structuring of domestic and foreign film distribution deals, the completion of casting activities and budget preparation, as well as the creation of storyboards and detailed production timetables. This phase of development is the time when strong partnerships and key marketing relationships are called upon- relationships vital to the success of the film, providing enhanced merchandising, sound track and promotional tie-ins. The basic terms of the investment are as follows: Offering Amount: $3 million US dollars, plus distribution and advertising. Investment Return Provisions: 135% for the investment will be remitted to investors on the first monies from distribution of the film. Investment Return Premium: Fifty (50%) of all profits in perpetuity will be distributed to the investor(s). Return Analysis: Investor(s) receive 135% of their initial investment plus 50% in perpetuity of all profits on the investment on the first monies from the film’s revenue. Revenue-Stream Ownership Granted: The investor(s) will receive a 50% equity stake on the film project. Investor(s) share 50% of the Adjusted Gross Producer’s Profits of the film. Adjusted Gross Producers Profits are defined as 100% of the revenues received by Carey Borth, LLC. and Barristers, LLC. from distributors from all sources worldwide as follows: Theatrical Non-theatrical; home video/DVD Television syndication Network television Pay/Cable television Soundtrack exploitation Merchandizing Ancillary and Allied rights such as music publishing, novelizations and any other revenues that are received as a result of the exploitation of the film projects. Adjusted Gross Producer’s Profits are paid as received after deduction by distributors, repayment of the development investment plus premium, repayment of any production financing arranged by Carey Borth, LLC. or Barristers, LLC. by way of deferrals, advances or third party financing and after deduction of any gross or net participation granted to key talent. Offering Documents Any entertainment law firm, of the investor’s choice, will prepare and coordinate the company’s filings of legal and offering documents in keeping with security laws in the state of California or any other state in the United States. SUCCESSFUL FILMS IN COMPARISON, BUT NOT IN BUDGET The success of this film will be on our ability to appeal not only to the limited consumer, but also to the general market as a whole. The following chart illustrates the success of 5 successful sports films. We anticipate the same level of success, for the following movies, notwithstanding the budget differences. College Ball is a hot topic today and is vastly debated. As a result, College Ball will benefit from free press and the result will be a huge box office success. Year Film Distributor Budget Domestic Gross 2009 Blind Side Warner Bros. $29 Million $309 Million 1996 Jerry Maguire TriStar Pictures $ 50 Million $273 Million 2011 Money Ball Columbia Pictures $50Million $110 Million 2000 Remember the Titans Buena Vista Pictures $30 Million 2005 Coach Carter Paramount Pictures $136 Million $30 Million $76 Million ORGANIZATIONAL ACTIVITIES OF THE PRODUCTION Phase One In this early phase, which commences upon the receipt of initial funding, the tasks divide clearly into the following: Gathering of the necessary key elements, such as budget, script, director, preferred and principal cast members, financiers, distribution/sales agent (if procurable). Enter into the Executive Producer Agreement with Investor(s) Enter into Production Agreement with placement services for the picture. Secured Production Facility. Enter into soundtrack agreement. Phase Two In the second phase the following steps will be taken: Secure Lead Actors Secure Production Designer, Direction of Photography, Assistant Director Secured Domestic and foreign sales agency (if procurable) Secure Production Insurance Policy Enter into Publicist Agreement Secure additional production financing if needed through financial institutions, private investors, co-production partnerships, joint-ventures and/or production financing through distribution. Complete gathering of the essential production elements, pre-production and third party commitments and advance sales of distribution rights, in various media and territories. Secure Domestic Distribution Company. USE OF PROCEEDS The proceeds from this offering will be used to accomplish the procurement of the screenplay property and acquisition of rights, legal and other costs related to the assembly of the production financing, distribution arrangements, soundtrack distribution arrangements and the contracting of production personnel, production packaging costs including presentation materials, production office and operating staff costs, development of key corporate, marketing and distribution relationships, product placement and promotional arrangements. FILM REVIEW Our plan of operation consists of the following: 1. Capitalize on the explosion of urban films in the marketplace with a quality production 2. Maximize the experience and creative talents of the production team. Director, Editors, and Producers, many of which are award-winning individuals. 3. Once the product is finished, a promotional campaign composed of video, internet, print, radio and live elements will assist to drive sales up from the Film Festival circuits to retail level on down. The result is increased sales. Our plan of operation consist of keeping our overhead costs low, but never compromising the quality of the film, Due to relationships and years of experience, we shall be able to secure premium talent who will work with us at reduced rates and put out high quality product for a low budget, allowing maximum profitability. STRATEGY FOR SECURING DISTRIBUTION Distribution deals can be secured at various stages of a picture’s completion. Before the start of production, for instance, a distribution deal can be closed on the strength of the script and the attractiveness of pre-attached elements, such as a well- known producer, director or actor. At this stage, however, the producer generally has the least amount of leverage in negotiating the terms of the deal. This is primarily due to the fact that the picture’s likelihood of success is still highly speculative and thus a distributor does not know what the final product will look like. In contrast, it is the company’s opinion that a producer bearing a fully-completed, high-quality picture has a better chance of securing favorable distribution terms. It has been proven in several instances (Clerks, Blair Witch Project, My Big Fat Greek Wedding among others) where distribution has been secured after the produced feature, and a feature film at a low budget may have much stronger position in terms of generating heat in the marketplace at film festivals. At this point, promotion and exhibition of the picture at film festivals best provides a reasonable opportunity to attract the distributors’ attention. Film festivals are important in generating interest in potential buyers because they are one of the few ways to enable buyers to view the picture in an exhibition context with the benefits of the audience reaction and press response. Film festival “buzz” is a very persuasive way to demonstrate to a distributor that a picture is worthwhile, and a positive response can offer a film’s producer substantially more leverage in negotiating a distribution deal. BUDGET TOP-SHEET Production: College Ball Budget Draft Date: 09/16/2013 Screenplay: Carey Borth and Barry Nnanna Shooting Start Date: 11/11/2013 Shooting End Date: 12/01/2013 Producer: Carey Borth and Barry Nnanna Assoc. Producer: TBD Length: 1hr 30mins Director: TBD Budget Total: $3 Million Location: Los Angeles, CA and Milwaukee, WI Account # Category Specifics Cost 001 Script & Rights $150,000 002 Producer’s fee & Supervisors $170,000 003 Director $180,000 004 Cast $1.5 Million ABOVE THE LINE TOTAL: $2 Million 005 Cinematographer Kit, Crew and Expendables $100,000 006 Set Operations/Crew $100,000 007 Special Effects $10,000 008 Set Desgin $30,000 009 Lighting Kit, Crew and Expendables $40,000 010 Sound Kit, Crew and Expendables $30,000 011 Insurance/Locations $60,000 012 Food $10,000 013 Office Expenses Paper Supplies, Fax, Internet etc $10,000 014 Set Construction $100,000 015 Set Dressings $30,000 016 Insurance $100,000 017 Still Photos Photographer, film, developing, etc $10,000 018 Props $20,000 019 Transportation $20,000 020 Wardrobe $20,000 021 Make-up/Hairdressing $10,000 022 Contingency 10% of Production Costs $70,000 023 024 025 026 027 028 029 030 Editing Titles and Inserts Music Studio Rentals Studio General Final Post Online Final Post Mix Marketing PRODUCTION TOTAL: $770,000 $30,000 $10,000 $40,000 $40,000 $20,000 Conform, Color Correction, etc $30,000 Sound Mixing Session $30,000 Festival fees, Screeners, Postage $30,000 POST PRODUCTION: $230,000 GRAND TOTAL: $3,000,000.00
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