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Number of claims filed: 7
Number of Opinions issued: 7
Likes: 0
Number of comments: 15
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Comments
News Article Summary
TV Finance via Crypto
Accreditation
Congratulations
We are proud to announce that the following document TV Finance via Crypto WP version 177 achieved the ChainBLX opinion based accreditation on 2019-03-05 02:30:57.
This accreditation testifies that it is our professional opinion as well as the opinion of our community that document TV Finance via Crypto is in compliance with the professional standard brought forward and regulated by chainblx.io.
A ChainBLX accreditation is very difficult to archive and in no way should any statistic be indicative of the quality of the document at hand. Neither should the achievement of accreditation in anyway imply that investors should not conduct their own diligence prior to any investment.
Document TV Finance via Crypto reached its accreditation with the following statistics.
Likes of forum members: 0
The discussion forum will remain open for future discussion, the remainder of the bounty will be reimbursed to the owner and no future claims can be filed.
In the name of the community and ChainBLX
We wish TV Finance via Crypto the best of success.
Status: Bounty Hunter
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Automatic Claim Number - cla1551794001
Quote - It would be advantageous to provide Funding for multiple US TV Productions (at least three) To allow for Cross Collateralization
Claim
This statement requires a lot more explanation. There is no clear plan for how the value of co-mingling of funds across multiple projects will be fairly allocated back to investors.Flags:
Diversity spreads risk because of cross collateralization An investment model with multiple titles allows for profits of titles in the venture to offset any osses other titles may havewih one title it would be All or nothing by josephinga on 2019-03-18 11:19:56
7946d354ca95fff02673214125618587Status: Bounty Hunter
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Automatic Claim Number - cla1551773497
Quote - The producer bears the difference betweenproduction costs and licensing fees, but recoups significantly more money if the show is sold insyndication​.
Claim
No evidence for this is given. It's just assumed we have to trust.Flags:
Producer covering difference between production costs and licensing fees was part of the introduction and not part of investment model presented by josephinga on 2019-03-18 11:23:48
4d17fdaa0146309af947bff2a19bfe64Status: Bounty Hunter
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Automatic Claim Number - cla1551773979
Quote - While US TV Networks provide 65 % of the Production financing for Greenlit TV shows(Green-light, network has approved all crucial elements including but not limited to budget,showrunner, and stars.), they are constantly looking for Financing Partners to Deficit Financethe 35 % Balance. There is a Demand to be filled.
Claim
Just a statement. No prove or link is provided. Netflix does not even allow others to invest.Flags:
This presentation has nothing to do with Netflix which finances 100 % of its productions Network TV shows are not finances 100 % by License Fee from Network Another source is needed by josephinga on 2019-03-18 11:28:29
b3f924e1d09e35ded7d083f6a1426979Status: Bounty Hunter
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Automatic Claim Number - cla1551774625
Quote - The Venture should have a Security Interest​​in the TV show (All rights excluding First Run US TV)
Claim
Definition Security Intrest in. Seems like a guarantee. What is it 100% or just for the investment?Flags:
Security Interest is a lien on the rights to the TV show Would include all rights except firt run US TV on the Network that licensed the episodes by josephinga on 2019-03-18 11:30:59
ccc65e9a7d5ccd48193241bc93fd9324Status: Bounty Hunter
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Automatic Claim Number - cla1551780894
Quote - The producer bears the difference betweenproduction costs and licensing fees, but recoups significantly more money if the show is sold insyndication​.
Claim
There is both good and bad to deficit financing,it gives the producers the opportunity to gain major rewards, but they are also taking more of a risk.For networks, they are minimizing most of their risk, but they risk losing out on most profit.Flags:
Deficit financing is not a choice given to Producers License Fee covers a percentage of the production budget and financing for balance of the production budget needs to be found by josephinga on 2019-03-18 11:35:50
2db0b084d0a44fe6c2d342a709e593b1Status: Bounty Hunter
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Automatic Claim Number - cla1551783665
Quote - Funding of up to 35 % Production Financing per show per seasonThe Venture should have a Security Interest​​in the TV show (All rights excluding First Run US TV)Require Each show to have at least 65 % of its Production Financing from the TV Network
Claim
The venture should have an option to finance any subsequent Season of a Tv show it provides Season One Financing.Flags:
This is covered in the last point under the Parameters section of the write up by josephinga on 2019-03-18 11:38:13
6cd1fee043f60c236ce53e94c5281671Status: Bounty Hunter
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Automatic Claim Number - cla1551873097
Quote - FEESThe fund should receive an annual 6 % Fee of the TV Production Budget Amount FinancedThe Venture should share in the Net Profits of the TV show (Estimated at 20 %) after deductionof all Production Costs, Sales Fees, Talent Participations and Residuals
Claim
Saying that "the fund should receive an annual 6 % fee of the TV Production Budget" seems to be incomplete. How long for? Should it be for the duration of the broadcast? What if the profits are not coming? Is it up to the producer to pay the fees?Also saying that "the Venture should share in the Net Profits of the TV show (Estimated at 20 %)" is misleading. Is it the profit that are estimated at 20% or the share of the venture? In both cases, the estimate needs more background.
Flags:
6 % fee runs until recoupment of the investment and are paid upfront Profits like with any investment are conditional and based on the success of the venture by josephinga on 2019-03-18 11:41:33
55202400cee235925ee57b41472d6087Status: Member
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It was decided to release 0% of the funds. The jury voted in their opinion to release an average of 0% of the bounty and a median of 0% of the bounty.
Please see below for the opinion of the jury:
Claim: Definition Security Intrest in. Seems like a guarantee. What is it 100% or just for the investment?
Highlight: The Venture should have a Security Interestin the TV show (All rights excluding First Run US TV)
f3d58b36a2bc4a74d02bdf936ac5ea5aStatus: Member
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It was decided to release 0% of the funds. The jury voted in their opinion to release an average of 0% of the bounty and a median of 0% of the bounty.
Please see below for the opinion of the jury:
Claim: There is both good and bad to deficit financing,it gives the producers the opportunity to gain major rewards, but they are also taking more of a risk.For networks, they are minimizing most of their risk, but they risk losing out on most profit.
Highlight: The producer bears the difference betweenproduction costs and licensing fees, but recoups significantly more money if the show is sold insyndication.
7e7bed87a1514cd1433b53efa0a2d697Status: Member
Send Message
It was decided to release 0% of the funds. The jury voted in their opinion to release an average of 0% of the bounty and a median of 0% of the bounty.
Please see below for the opinion of the jury:
Claim: The venture should have an option to finance any subsequent Season of a Tv show it provides Season One Financing.
Highlight: Funding of up to 35 % Production Financing per show per seasonThe Venture should have a Security Interestin the TV show (All rights excluding First Run US TV)Require Each show to have at least 65 % of its Production Financing from the TV Network
379baf43f80c1dc842e9efb92c6bbbc2Status: Member
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It was decided to release 0% of the funds. The jury voted in their opinion to release an average of 0% of the bounty and a median of 0% of the bounty.
Please see below for the opinion of the jury:
Claim: No evidence for this is given. It's just assumed we have to trust.
Highlight: The producer bears the difference betweenproduction costs and licensing fees, but recoups significantly more money if the show is sold insyndication.
8ea6a9e096b64b1a12e7134008a4d804Status: Member
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It was decided to release 0% of the funds. The jury voted in their opinion to release an average of 7% of the bounty and a median of 0% of the bounty.
Please see below for the opinion of the jury:
Claim: Just a statement. No prove or link is provided. Netflix does not even allow others to invest.
Highlight: While US TV Networks provide 65 % of the Production financing for Greenlit TV shows(Green-light, network has approved all crucial elements including but not limited to budget,showrunner, and stars.), they are constantly looking for Financing Partners to Deficit Financethe 35 % Balance. There is a Demand to be filled.
ccc99223435a8e2f649fbeb5feec2cf1Status: Bounty Hunter
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This is a really novel idea that looks like it would work well in the real world. I think we'll see more and more of this kind of tokenization of media projects. It's pretty much crowdsourcing at the next level.
9398e33025f7bce395a897e82a73b3d8Status: Member
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It was decided to release 0% of the funds. The jury voted in their opinion to release an average of 0% of the bounty and a median of 0% of the bounty.
Please see below for the opinion of the jury:
Claim: This statement requires a lot more explanation. There is no clear plan for how the value of co-mingling of funds across multiple projects will be fairly allocated back to investors.
Highlight: It would be advantageous to provide Funding for multiple US TV Productions (at least three) To allow for Cross Collateralization
f45e2c885e722e818ddc17756f0330e6Status: Member
Send Message
It was decided to release 0% of the funds. The jury voted in their opinion to release an average of 0% of the bounty and a median of 0% of the bounty.
Please see below for the opinion of the jury:
Claim: Saying that "the fund should receive an annual 6 % fee of the TV Production Budget" seems to be incomplete. How long for? Should it be for the duration of the broadcast? What if the profits are not coming? Is it up to the producer to pay the fees? Also saying that "the Venture should share in the Net Profits of the TV show (Estimated at 20 %)" is misleading. Is it the profit that are estimated at 20% or the share of the venture? In both cases, the estimate needs more background.
Highlight: FEESThe fund should receive an annual 6 % Fee of the TV Production Budget Amount FinancedThe Venture should share in the Net Profits of the TV show (Estimated at 20 %) after deductionof all Production Costs, Sales Fees, Talent Participations and Residuals
f9fe23e6ee2dbfc48dea7e1a164223d2