Does IndieVest Pictures have any ownership in the feature film projects?
Each of IndieVest Pictures feature film investments are organized as limited liability companies (LLCs) specifically set up to make a particular feature film. IndieVest has combined a professional film investment company with film investment opportunity to create a unique, managed risk, film investment service. Generally, after our Executive Producer Members have been paid back their entire investment and a premium return, Executive Producer Members then generally receive 50% or more of the net profits of the project, with Filmmakers generally receiving 40% of net profits and IndieVest Pictures generally receiving the remaining 10%. IndieVest Pictures also retains ownership of the feature film negative to efficiently exploit all revenue opportunities on behalf of our Executive Producer Members and Filmmakers during the lifetime of the project. Any ownership held by IndieVest Pictures or any other entity will be detailed in each feature film’s private placement memorandum.