Media Pro works with high net worth individuals who agree to join together in partnerships which trade by providing production and P&A services expenditure to films. Media Pro can arrange for one or more partnerships to provide as such to a film in exchange for a suitable share of income derived from the film’s exploitation.

What is the Agreed Budget?
Obviously the scope of services requiring input from a Media Pro partnership will vary on a film-by-film basis. As a general rule, Media Pro will arrange for a valuation of the available territories in suitable films, based on sales figures from the sales agent, future revenues estimates and other supporting data. Based on the valuation and services potentially required as advised by the producer, Media Pro will recommend and agree a budget (the “Agreed Budget”) with the producer and the relevant Media Pro partnership(s). The Agreed Budget will outline the services and associated costs and any contribution required from Media Pro.

What is the net benefit to the producer?
The net benefit (after fees) is normally up to 9% of the Agreed Budget.

What are the Media Pro recoupment terms?
Media Pro partnerships need to demonstrate that they are trading with a view to profit from their trade. Recoupment terms are negotiable and would expect to recoup the Agreed Budget from revenues. As a general rule, any net benefit will be expected to be recouped in a priority position behind any senior debt on at least a pro rata pari passu position with other hard equity. The Media Pro partnerships will also require a subsequent corridor from the waterfall in order to recoup the rest of the Agreed Budget, subject to the valuation and negotiation.