Pacific Motion Picture Fund – Coming Soon

Pacific Motion Picture Fund (PMPF) creates and promotes investment products founded on the new generation of Australian films. PMPF packages the films into discrete content platforms with seven film and television products. Investors are attracted to provide funds in order to complete and deliver the products, such that their capital plus a substantial premium is returned to them over seven years. PMPF through its subsidiary Pacific Creative Services Company (PCSC) will employ the talents and skills of the industry’s most valuable contributors.

In conjunction with the management team of PCSC an extensive group of consultants will provide the best options for scriptwriting, creative direction, legal and contractual issues, film direction, cinematography, producers and post production.

Together they will work to achieve the following goals:

• Build a viable and respected alternative to existing producers of mainstream international mass media film and television product.
  
• Develop quality media entertainment content for export to the global market.
  
• Nurture and maintain quality alliances with individuals and companies both nationally and internationally to assist in commercialising products.
  
• Excel in the art of story telling by training, educating and nurturing the next generations of Australian scriptwriters.
  
• Provide a viable on going slate of potentially successful investment vehicles.
  
• Provide a practical and realistic means for investment in the Australian film industry.
  
• Instigate a system for registering and trading in film and television intellectual property rights.
  
• Create an ever-expanding reservoir of Australian owned intellectual property.
  
• By using and developing existing resources, pioneer the establishment of a world-respected industry in Australia.
  
• Create a long-term investment model
  

PMPF is the culmination of eight years of efforts to build a cohesive platform for the Australian feature film and television industry. The industry is very fragmented and diverse, with no pre-existing capacity to draw together the numerous talented individual writers, directors and producers to deliver excellent products on a sustainable, ongoing basis. PEA was formed in late 2002 by a group of professionals from the entertainment industry to give leadership for a powerful platform for the development of global content.

The history of film investment in Australia over the past twenty years or so has been based around tax driven incentives for investors. Projects have often been undertaken without sufficient likelihood of commercial success, provided that enough tax driven investors would support them. Crocodile Dundee is the most notable investment and commercial success, and that was in 1983.

PMPF seeks to create an investment opportunity, which stands on its own commercial merits, and does not rely on tax incentives to be viable.

The Australian consumer market of it is not strong enough to support high quality films. Export markets must be found for better-finished films in order to recoup the outlays and turn a profit. This requires an understanding of and sensitivity towards the differences which abound between all of the filmgoers around the world, and that products need to be tailored to respond to those differing demands.

The average budget for a Hollywood film is US $52m. Australian budgets average less than 10% of this. In order to project the level of finish necessary to compete particularly with American product, more must be spent before and during production to attract the best writers, actors, directors, and film and production crews. In short, to compete head to head with the filmmaking establishment on their terms.

Due to the paucity of opportunities locally for aspiring entrants to the film industry, many are drawn overseas and some have achieved spectacular successes. However, this has created a vacuum of raw talent in recent years. Steps have been taken to quickly find and develop the new young writers and directors who will be the springboard for new projects in five to ten years time.