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September 8th, 2005, 04:08 PM
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Regular Crew
Join Date: Feb 2004
Location: Sandy, OR USA
Posts: 31
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Re-use existing business or start new one?
What's the best way to go about the business side of the production of a feature film ... to use a business that already exists (i.e. my production company) or create a new LLC or S-Corp specifically for that particular production, with the assumption the business will go away once the production is over? (I know the Rolling Stones form a new C-Corp for every tour, that then gets disolved once it's over).
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Steve Williamson www.RuckerWorks.com ( RuckerWorks Media ) Web, Video, Photography, Audio |
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September 9th, 2005, 01:06 AM
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#2 |
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RED Code Chef
Join Date: Oct 2001
Location: Holland
Posts: 12,514
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I don't know anything about this, but why go through the hassle? Most people
here have on production company that does all the work, I think.
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Rob Lohman, visuar@iname.com DV Info Wrangler & RED Code Chef Join the DV Challenge | Lady X Search DVinfo.net for quick answers | Buy from the best: DVinfo.net sponsors |
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September 9th, 2005, 06:07 AM
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#3 |
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Inner Circle
Join Date: Sep 2002
Location: San Mateo, CA
Posts: 3,840
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If you are going to get investors, then form a seperate LLC. You don't want people owning a piece of your ProCo.
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September 9th, 2005, 04:49 PM
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#4 |
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Hawaiian Shirt Mogul
Join Date: Nov 2001
Location: northern cailfornia
Posts: 1,261
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separate company for the feature .. depending on how many investors you have NOW and how many you plan will determine if you go LLC or S Corp ..
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