Fund low-budget independent narrative and documentary feature films
MORPHIC MEDIA FINANCE, a film content financing platform, is seeking +/-$30 million to fund a diverse portfolio of low-budget ($5 million or less) independent narrative and documentary feature films
- Low-budget space is emerging and underserved
- Expect 20+ films funded over 5+ years, with majority control and upside participation to maximize profit and spread risk
- Efficient deployment of capital by utilizing government rebates to offset significant portion of film production costs
- Innovative approach to curating and financing a wide variety of elevated commercially viable film content
- Prime market opportunity stems from resurgence in demand for independent content from specialty cinema houses and streaming platforms (Netflix, Amazon, Hulu, Apple, Disney+, etc.)
- Team led by industry veterans Katrina Wolfe and Vincenzo Carrano
- broad end-to-end experience with proven and successful track records
- will produce/executive produce the film content financed through the platform
- Sweet Spot: Independent low-budget films have matched or outperformed high budget Hollywood films, despite having disproportionately smaller production, marketing and advertising budgets
- Financial Discipline: Lower production budgets inherently impose financial controls, enhance creativity, enable faster cost recovery while providing more flexible distribution options
- Ineffective Competitors: Most independent film funds mistakenly target the mid-range market ($15M-$35M) which has consistently underperformed
- Demand Explosion: There is unprecedented demand for new content fueled by the explosion of digital entertainment streaming platforms (aka the “streaming wars” – Netflix, Amazon, Disney+, HBO Max, Apple, etc.) and compounded by large studios producing fewer pictures
- Industry Resilience: The film content industry has performed consistently, with many of the most profitable films of all-time produced or released during periods of major recessions and wars
- Finance the production of a portfolio of low-budget films
- Films expected to shoot in geographic areas offering robust government rebates for production
- Approximately 20+ low-budget feature films expected to be funded
- Initial focus to be on material already controlled by the management team, with 4+ assets ready for production and another 8+ in the pipeline
- Platform will likely provide majority equity financing required by each film project to secure ownership/control of asset and participate in upside profit success
- Average equity investment per-picture estimated to be in the $1-$1.5 million range
Katrina Wolfe is an Emmy and Critic’s Choice nominated producer and executive. Senior Vice President of Production and Casting in the Dimension Films division of Miramax/TWC – worked on dozens of features including Bad Santa, 1408, The Others, Scary Movie 1,2 and 3, Sin City, Tarantino’s Death Proof, Terry Gilliam’s Brothers Grimm, et.al. VP at age 28 and SVP at age 31, becoming the highest-ranking female executive in Dimension history. Helped launch a finance and production company BN Films, a subsidiary of AG Studios, as President of Production and partner – successfully managed a portfolio of high-end, low budget films via a $150 million platform.
Personally brought in and produced the critically acclaimed feature Nightingale, staring David Oyelowo. Brad Pitt’s Oscar winning production company, Plan B Films and his partners became co-executive producers on the picture. Film was acquired and distributed by HBO Films with a minimum guarantee of close to three times its total production budget – the first time in over a dozen years that HBO Films had purchased a completed film rather than developing and producing it in-house. Film and Oyelowo won or were nominated for several awards including Critic’s Choice, Emmy, and Golden Globe. Produced true crime drama Captive starring Kate Mara that was acquired for worldwide theatrical distribution by Paramount Pictures in a lucrative deal that exceeded the film’s total production budget, with an 800-screen minimum commitment. Launched her own division of AG Studios in 2015 that focused on development and production of high-quality films and television content. Recent and upcoming projects include the Netflix original Spivak, fully financed by Netflix.
Graduated summa cum laude and Phi Beta Kappa from Columbia University where she won the Barnard English department’s highest honor – W. Cabell Green Prize for Excellence in English.
Vincenzo Carrano is a creative professional with extensive experience in the financial and artistic sides of media and entertainment.
Worked with Fortune 100 companies, creative agencies, and startups to conceptualize, oversee, and deliver a diverse array of projects that include: marketing campaigns, brand rehauls, commercials, original short films, and long form narrative features. Served as global marketing manager at Vodafone, managing $200 million portfolio of products and services. Developed and produced award-winning unconventional marketing campaigns that included a blend of branded storytelling with Microsoft, Nokia, Samsung, and others. Partner and Head of Strategy and Production at PlusMinus, a creative studio that blended branding with photography as well as short and long-form original content. PlusMinus managed a roster of highly accomplished artists and film makers and provided creative services for clients that included Nike, Reebok, Matsuda, and Carnival Cruise Line. Masters in Business and Management from L. Bocconi University in Italy.