RTA 908 Final Notes Quiz
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Questions and Answers

What is the purpose of recoupment in equity investment?

  • To participate in the program’s success (correct)
  • To pay for distribution costs
  • To secure tax credits
  • To finance future projects

Grant financing is exclusive to government entities.

False (B)

What is a distribution advance?

It is money paid upfront to the producer by the distributor against future sales of the program.

To effectively find a distributor, one must conduct _____ to understand market trends and audience preferences.

<p>research</p> Signup and view all the answers

Match the financing sources with their nature:

<p>CPTC / OFTTC = Tax Credit Telefilm = Equity or Grant Mongrel Media MG = Advance Bell = Broadcaster License</p> Signup and view all the answers

Which of the following is NOT a tip for engaging the buyer during a pitch?

<p>Ignore their feedback (A)</p> Signup and view all the answers

It is important to rehearse your pitch to ensure clarity and confidence.

<p>True (A)</p> Signup and view all the answers

What is the purpose of incorporating visual images in a pitch?

<p>To evoke an emotional reaction and make the pitch memorable.</p> Signup and view all the answers

A __________ is a concise statement that summarizes the key aspects of a pitch.

<p>logline</p> Signup and view all the answers

Match the pitch components with their corresponding characteristics:

<p>Creative Pitch = First Pitch, focuses on audience and marketing Production Issues Pitch = Last pitch, emphasizes budget and financing Speed Pitching = Concise delivery within a limited time frame Engaging Dialogue = Allows the buyer to invest in the idea</p> Signup and view all the answers

What should a pitch address when discussing weaknesses?

<p>Admitting flaws and plans for addressing them (A)</p> Signup and view all the answers

It is easier for a decision-maker to say no than to say yes during a pitch.

<p>True (A)</p> Signup and view all the answers

Why is it vital to know your audience and their hierarchy during a pitch?

<p>Understanding hierarchy helps determine who the decision-maker is and how to approach them effectively.</p> Signup and view all the answers

Which of the following is NOT considered assistance for the OFTTC or CPTC?

<p>Distribution MGs (C)</p> Signup and view all the answers

The First-Time Producer Bonus amounts to $20,000 per season.

<p>False (B)</p> Signup and view all the answers

What does CPTC stand for, and what type of content does it represent?

<p>CPTC stands for Canadian Film or Television Tax Credit, representing Canadian content.</p> Signup and view all the answers

The ___ is a type of financing that allows organizations to provide funding with the expectation of being paid back.

<p>recoupable advance</p> Signup and view all the answers

Match the type of assistance with its description:

<p>Grants = Non-repayable financial support for projects Recoupable Advances = Funding expecting return after project success First-Time Producer Bonus = One-time financial incentive for new producers Government Equity = Investment from government funding programs</p> Signup and view all the answers

Which element is crucial while researching prior to pitching a project?

<p>The broadcaster's past projects (D)</p> Signup and view all the answers

Name one of the tactics for gaining access to broadcasters for pitching.

<p>Networking with industry professionals.</p> Signup and view all the answers

In the general pitch structure for a TV series, the attention grabber should last 10-15 minutes.

<p>False (B)</p> Signup and view all the answers

Flashcards

Pitching tips

Strategies for effectively presenting creative ideas, projects, or products.

Passionate presentation

Expressing enthusiasm and interest in a project without being overly dramatic.

Gaining attention

Methods for capturing audience interest and attention early in a presentation.

Visual appeal

Utilizing visuals to enhance understanding and create memorable experiences for the audience, making an impression.

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Rehearsal

Practicing your pitch to ensure a smooth and confident presentation.

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Dialogue

Engaging in meaningful discussion by building on audience requests.

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Succinctness

Creating concise and impactful presentations, avoiding unnecessary details.

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Addressing weaknesses

Acknowledging potential project flaws to effectively address issues to the audience.

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CPTC

Abbreviation for CanCon Production Tax Credit (Ontario).

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OFTTC

Ontario Feature Film Tax Credit.

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CMF 90% rule

A financing plan limitation. Only 90% of the budget is allowed.

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Tax Credit Calculation (OFTTC/Regional)

Calculation considering a region's tax rate (45%), budget less assistance, and a 90% CMF limitation.

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First-Time Producer Bonus

$12,000 per season payment, for producers making a film for the first time.

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Pitching (TV Series)

Selling your TV show idea and yourself to a potential investor(s).

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Pitch Structure (TV Series)

Steps needed for a productive pitch lasting 14-21 minutes.

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Pitching Research

Before pitching, research your target and the market for your concept.

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Equity Financing

Investors contribute capital in exchange for a share of the program's ownership and profits. They have a stake in the project's success and potential to recoup their investment.

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Distribution Advance (Presale)

A distributor provides upfront funding in exchange for exclusive rights to distribute the program in domestic and international markets. This advance is essentially a loan to be recouped from future sales.

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Presales vs. Sales

Presales happen before production, funding the production process. Sales occur after the show is completed and delivered, generating profits.

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Distributors - Niche Markets

Different distributors specialize in particular genres or target specific audiences. Finding the right distributor is crucial for reaching the right audience.

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Customary Distributor Approvals

Distributors can have approval over creative choices in presale deals, influencing the direction of the program. This doesn't apply with post-production acquisitions.

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Study Notes

RTA 908 Final Notes

  • Multiple Choice & Short Answer: May involve calculations, financing plans and rough paper/pencils/non-programmable calculators.
  • Content: 9 AM arrival is recommended.

Sources of Production Financing

  • Source vs. Nature: Distinguish between public/private funding sources (e.g., Bell Fund, Shaw Rocket, CMF) and the nature of the financing (e.g., source: OFTTC; nature: Tax Credit). Avoid conflating these concepts.
  • NOT sources of financing: Loans from banks (interim financing); sale "hoped to be received" after production; development funds that are repaid during the production process.

Distribution

  • MG/Advance/Presale vs. Sale: Distributors may pay upfront (advance) or purchase after completion (sale).
  • Distributors vs. Sales Agents: Distributors often have a broader role in content distribution, while sales agents have sales duties.
  • Distributor vs sales agent responsibilities: Understand the duties of both roles. Distinguish gross sales from gross receipt
  • Responsibility of distributor: Say over content/production. Responsibility of producer: Content/production decisions.

CMF - Canadian Media Fund

  • Broadcaster Envelope Program: A Canadian funding program for TV/transmedia productions. The program provides funding to Canadian broadcasters, who then use this funding for Canadian projects.

Tax Credits

  • CPTC & OFTTC: Federal and Ontario Provincial tax credits (with different percentages based on filming location), calculations needed; Understand formula and differences.
  • Assistance: Details on what qualifies as assistance.

Pitching

  • General Pitch Structure: Includes attention grabbing, overview, comparisons/references, show world description, characters, story arc, and wind up. Time length for each section is indicated.
  • General Pitch Structure - Tips: The total pitch should be 14-21 minutes total. Address potential flaws/weaknesses, and show how you plan to solve them, while being truthful and honest. Be knowledgeable but also passionate about the idea. Practice and rehearse. Consider the audience for your pitch.

Alternate Sources of Funding

  • Corporate Sponsorships, Merchandising, Product Placement, Crowdfunding, and Deferrals: Alternative methods of financing projects.

Financing Plan

  • Formula and Calculation Examples: Methods and calculations are detailed for specific funding types (e.g. CMF LFP, CMF EIP, CPTC, and OFTTC).

Review

  • Sources of Production Financing: Highlights various funding sources (e.g. public funds, private investors, tax credits, and grants).
  • Distributor/Sales Agent comparison: Distinguish between distributorship and sales agent roles.
  • Source vs. Nature of Financing: Clarifies the use of source and nature to define the financing.

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RTA 908 Final Exam Review PDF

Description

Test your understanding of production financing and distribution concepts covered in RTA 908. The quiz includes multiple choice and short answer questions, with an emphasis on distinguishing between public and private funding sources, and understanding the roles of distributors and sales agents. Be prepared for calculations and content-specific scenarios.

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