How do independent producers get funded? On this episode of the Media Clips Podcast, Host and GHJ Profit Participation Services Practice Leader Ilan Haimoff is joined by Loyola Marymount University Associate Professor of Finance David Offenberg and GHJ Profit Participation Expert Tracy Liang.

David is a leading expert on entertainment finance and has spoken extensively about financial trends in streaming and the entertainment industry as a whole for The Hollywood Reporter, Wall Street Journal, CNBC and Vanity Fair. He recently wrote the book Independent Film Finance: A Research-Based Guide to Funding Your Movie, which explains the fundamentals of film finance based on data and first-hand accounts from filmmakers.

Earlier this year, David shared his insights on the streaming services with GHJ’s Profit Participation Services Team for its proposal for a new profit-sharing model — called the “Everyone Wins Model.”

Co-authored by Ilan, Tracy and GHJ Profit Participation Expert Grace Guenon, this model leverages insights from GHJ’s extensive database and insights from David and other industry experts to envision a profit-sharing agreement between the producer of a mini-series and a streaming service that is more equitable than the current model.

On the podcast, Ilan, Tracy and David revisit this new profit-sharing model and how it could alleviate conflict. As evidenced by the WGA and SAG-AFTRA strikes, the current profit-sharing model for streaming deals has caused significant controversy.

Find the Media Clips Podcast on Apple Podcasts and Spotify to listen to past episodes and hear new episodes as soon as they become available.

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Ilan Haimoff

Ilan Haimoff, CPA, CIA, CFE, CFF, is the Entertainment Practice Leader at GHJ. His specialty includes profit participation and forensic accounting on behalf of talent, investors and co-producers at both the major and mini studios. Ilan has over 30 years of accounting experience in public accounting…Learn More

Tracy Liang Standing WEBSITE

Tracy Liang

Chenxi “Tracy” Liang, CPA, has more than 10 years of experience in entertainment accounting and forensic investigations. She specializes in performing audits of the production and distribution of motion picture and television programs on behalf of investors and third-party participants as well as…Learn More