Netco offers first-look deals on private Web site
Web venture iFilm has inked a first-look deal with several major tenpercenteries, offering up new talent in exchange for a piece of future deals the filmmakers sign.
Company has launched the iFilm Screening Network as a Web-based film screening series, enabling agencies to view works of unsigned filmmakers in a new, private, password-protected site and then rep the artists should they like what they see.
Tenpercenteries that have signed on board for the project include Creative Artists Agency, Endeavor, International Creative Management, the Gersh Agency and United Talent Agency.
“The design is to be exposed to a broader segment of people out there who try to do interesting things in new media,” UTA partner Jeremy Zimmer told Daily Variety.
An iFilm screening committee, led by VP of programming Jon Fitzgerald, will determine which pics are screened, reviewing hundreds of submissions, including entries from iFilm.com’s numerous Netcasting partners.
First of what may become quarterly or bimonthly film series will begin in November. Three to six shorts will be screened at a time, depending on the quality of submissions.
Through the series, iFilm will collect a 1% fee on all deals filmmakers sign over the next three to five years on projects secured as a result of representation signed because of the iFilm Screen Network. IFilm stops collecting the fee once the artist switches to another agency.
“IFilm understands the critical role that agencies perform in advancing the careers of talented filmmakers, and we are delighted to contribute to this process,” said co-founder and CEO Kevin Wendle.
Creation of the iFilm Screening Network follows the company’s success at connecting fledgling filmmakers Bruce Branit and Jeremy Hunt with CAA after their f/x-filled pic “405: The Movie” bowed on the Web.
“We spent a lot of time and a lot of resources placing the ‘405’ filmmakers with CAA,” Fitzgerald said. “It only seemed reasonable that we monetize that process.”