Here is the upshot of E.L.'s phone conversation:
As mentioned previously, most established studios will not finance motion pictures unless a high-visibility (and high box-office draw) talent is attached.
Screenplays are now turned into movies by small production companies; the movie is then pitched to studios for distribution rights. But cripes! Movies cost a ton of money. How on earth can I...?
E.L. recommended that I attend a seminar on making independent ("Indie") movies he was hosting in May. I started making plans the moment the words were out of his mouth.
In the meantime, he said, you need to come up with a Budget (Oh yeah, I can do that...NOT!) and with the Budget I can write a Business Plan for making my movie. The Business Plan is what Potential Investors review to see whether or not they want to invest. And yah, I have about as much expertise at writing a Business Plan as I do in writing a Budget...
E.L., of course, anticipated my cries of "Holy crap!"
"Now, you'll need to call Budget Guy and send him your screenplay. He will deliver - he's a good guy and a personal friend of mine. Then - I'll put the budget in your LLC charter. We'll take that to Business Plan Lady and she'll set you up."
Why don't I just open a window and throw my money out in the street?
A constant theme threading through my Screenplay is that the characters Know They Cannot Fail. At whatever they choose to do, over insurmountable odds. Perhaps I should take these words to heart, quit bellyaching, and get on with the program.
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