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| "The Violinist" Opens Investor Round to Exited Founders,Family Offices, Accredited InvestorsBy: Filmdemand Two federal tax developments converge on Section 168(k) bonus depreciation, restored to 100% and made permanent in 2025, reaches qualified film, television, and live theatrical productions, generating a first-year deduction when a production is placed in service at release. The second is pending legislation. Media reports describe a proposed incentive — the Motion Picture, Television, and Entertainment Revitalization Act — as providing a roughly 20% federal tax credit on qualified U.S. labor costs for domestic productions, expected to be introduced in the House Ways and Means Committee in mid-September 2026, with notably bipartisan support. If enacted, a federal credit stacking on top of existing state incentives would materially improve the economics of U.S.-produced independent film. "Independent film has historically been sold on tax benefits to people who never read the waterfall," said Yuri Rutman, founder and CEO of Filmdemand and writer-director of *The Violinist*. "We are doing the opposite. We lead with structure — a genuine priority return, full financing, a real distribution plan — and treat the tax features as an enhancement to a deal that already stands on its own. The current moment, with Section 168(k) in place and a federal credit moving through Congress, is simply the most interesting tax backdrop independent film has had in twenty years." *The Violinist* is structured with a priority return in which investors recoup their capital plus a premium before any producer profit participation, followed by a defined backend split. The single-film structure is designed for transparency: "The audiences we're speaking to — founders after an exit, family offices, physicians — don't need another correlated position," Rutman said. "They need something uncorrelated, asymmetric, and structured so their capital comes back first. That's a portfolio decision, sized small, not a passion purchase." The round is designed around the needs of:
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