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A media asset trading product for film investors and Hollywood producers
ATLANTA - Californer -- FilmHedge, a fintech firm founded by serial entrepreneur and innovator Jon Gosier which helps to de-risk film and TV investments, launches ScreenPoints.com, a new marketplace where investors can buy, sell, and trade screen credits while participating in loans to A-list Film/TV productions.
ScreenPoints is the result of years of R&D and over $500 million in underwritten film and TV productions. For the last two years, FilmHedge has been in stealth mode testing the model by inviting investors to co-invest in multimillion-dollar film loans with as little as 5% participation.
Unlike traditional film financing, investors on ScreenPoints aren't financing risky productions. Instead, they participate in already-funded, de-risked deals underwritten by FilmHedge. Users earn "points" that can be redeemed in two ways:
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"We created this for investors who want access to film finance without taking on production risk," said FilmHedge founder and CEO Jon Gosier. "Some people want returns, others want their name on the screen, some want both—now they have that choice."
Co-founder Mickey Vetter added, "Many of the institutions we work with have internal liquidity markets for investors to exit early. ScreenPoints offers that same flexibility for film."
For more information about how ScreenPoints.com works visit www.screenpoints.com.
ScreenPoints is the result of years of R&D and over $500 million in underwritten film and TV productions. For the last two years, FilmHedge has been in stealth mode testing the model by inviting investors to co-invest in multimillion-dollar film loans with as little as 5% participation.
Unlike traditional film financing, investors on ScreenPoints aren't financing risky productions. Instead, they participate in already-funded, de-risked deals underwritten by FilmHedge. Users earn "points" that can be redeemed in two ways:
- For participating yield-bearing loans (with returns up to 16% APY), or
- For on-screen credits like Executive Producer or Co-Executive Producer.
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"We created this for investors who want access to film finance without taking on production risk," said FilmHedge founder and CEO Jon Gosier. "Some people want returns, others want their name on the screen, some want both—now they have that choice."
Co-founder Mickey Vetter added, "Many of the institutions we work with have internal liquidity markets for investors to exit early. ScreenPoints offers that same flexibility for film."
For more information about how ScreenPoints.com works visit www.screenpoints.com.
Source: FilmHedge
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