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Non-profit Brings New First Take to Florida's Film and TV Industry
EntSun News/10828547
Making a hard push for the return of this important industry to the Sunshine State
ST. AUGUSTINE, Fla. - EntSun -- After years of behind-the-scenes development by a team of seasoned Florida professionals, Feature Florida Partnerships (FFP) has received approval from the IRS to begin non-profit operations, activating its effort to create a secure environment to grow an indigenous Florida film infrastructure that isn't reliant on state funding or tax incentives.
Feature Films Partnerships enters the market with a new take on film & TV funding—private equity managed by the non-profit FFP. This effort establishes regional financing funds for independent film and episodic television in the $2-$12 million range. These funds will stimulate consolidation of Florida crew, cast, and support businesses, creating an innovative financing resource for aspiring Florida filmmakers transitioning to more significant budgets while also re-positioning Florida as a key player in the domestic marketplace for film and television production.
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FFP executive director and chair of industry association COMPASS Chris Ranung stated that "the Partnership is committed to bringing key business, state, and community leaders together with industry professionals to reinvigorate this historically important contributor to Florida's economic prosperity."
"Florida's pool of creative talent and energy is second to none," added FFP advisor Elayne Schmidt, owner of Florida-based Southern Legacy Productions. "It has been stifled by a lack of financing and development options. Feature Florida Partnerships was created to re-set this equation."
Feature Florida Partnerships advocates for independent Florida feature film and episodic television production. For information about contributing time, skill, or capital, contact Chris Ranung at chrisranung@gmail.com.
Feature Films Partnerships enters the market with a new take on film & TV funding—private equity managed by the non-profit FFP. This effort establishes regional financing funds for independent film and episodic television in the $2-$12 million range. These funds will stimulate consolidation of Florida crew, cast, and support businesses, creating an innovative financing resource for aspiring Florida filmmakers transitioning to more significant budgets while also re-positioning Florida as a key player in the domestic marketplace for film and television production.
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FFP executive director and chair of industry association COMPASS Chris Ranung stated that "the Partnership is committed to bringing key business, state, and community leaders together with industry professionals to reinvigorate this historically important contributor to Florida's economic prosperity."
"Florida's pool of creative talent and energy is second to none," added FFP advisor Elayne Schmidt, owner of Florida-based Southern Legacy Productions. "It has been stifled by a lack of financing and development options. Feature Florida Partnerships was created to re-set this equation."
Feature Florida Partnerships advocates for independent Florida feature film and episodic television production. For information about contributing time, skill, or capital, contact Chris Ranung at chrisranung@gmail.com.
Source: Feature Florida Partnerships
Filed Under: Business
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