Jimmy Deangelis
Los Angeles/PrNewswire.
The phone rings at 6:30am and a booming voice comes across the line,
"Let them know we have done over $300 million dollars in gross profits at the box office. I want this film to be affordable for any investor seeking to partner with our track record."
On the line is the producer to many of the top family comedy films of this decade. He's talking to Jimmy DeAngelis, a former trader and an expert in precious metal investments.
Hollywood has been known to seek private offerings before, but hardly on the scale we're seeing now. Citing hit films like "The Blair Witch Project," Which grossed over $248 Million Dollars on a $22,500 investment and director Oren Peli's 09' low budget smash "Paranormal Activity." Individual investors are taking note and production companies are all to eager to escape the yoke larger funds put on creativity.
Is the democratization of film finance leading to a renaissance of low budget big profit thrillers? Hollywoods largest directors who are familiar with the situation have said. "We've never seen so much young talent breaking out as fast as today." Talent like Greg McLean who's debut "Wolf Creek" in 2005 grossed a healthy $22 million on a small budget offering.
As the big production houses and their armies of risk averse MBA's rush to film everything in 3-D, the biggest revolution is happening right underneath their noses. Perhaps they are not taking note because it doesn't include them.
This new era of democratization in film finance includes normal people like retired lawyers, market traders, small business owners and retirees who now have a chance to partner with some of the largest Box office offerings through people like Deangelis. The result is an increase in employment and a chance to be a part of culture, creativity and reap massive profits.
No one can tell what film will be the "next Rocky Balboa" and profoundly effect culture, but there's a good chance it won't be coming from major production houses like the past. It might just come from people like Jimmy Deangelis and other private investors like you.
