Legal Question in Entertainment Law in California
Film Financier Paying to See Their Film
As a financial backer of a motion picture, is that person automatically exempt, legally, from paying admission to see the film they financed? Any feedback would be appreciated.
4 Answers from Attorneys
Re: Film Financier Paying to See Their Film
No, but film angels can deduct the price of admission, popcorn, etc. as a business expense.
Re: Film Financier Paying to See Their Film
No, you can deduct the cost of admission as part of your research on your investment.
Re: Film Financier Paying to See Their Film
Nothing is automatic. The film's producers SHOULD have invited the financiers to the premiere or a screening (as a matter of common courtesy and good sense)... but unless the CONTRACT calls for it... free admission is NOT required.
Re: Film Financier Paying to See Their Film
As a financial backer, if you are referring to saving $10 on seeing the show in the theater, I believe that is the least of your concerns. Technically the answer is probably that the Movie Theater can charge you for admission. If you would like some serious representation regarding your interests, please feel free to contact me.
Best,
Daniel
IMPORTANT:
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