About Us
A company focusing on delivering quality feature films primarily for the cinema and eventually for DVD and television channels.
We are a group of dedicated producers, with experience in many fields of the industry.
Working with film finance houses, we are able to produce quality films at a reasonable cost, whilst providing a level of protection for investors and obtaining the best possible tax advantages.
Nice Pictures has a unique franchise in packaging and structuring finance to produce mainstream motion pictures geared to U.S. and worldwide theatrical exhibition.
Typically, when funding becomes more difficult, independent producers attempt to make less expensive films. This creates a downward spiral. Frequently, the result is an inferior product that has difficulty finding distribution outlets. The production cost of a film is critical in order to rise above the glut of low-budgeted films and to provide sufficient elements to create demand in world markets.
In the initial stages of each production, we make a tremendous effort to establish a financial structure to protect our investors.
Our strategy is to take advantage of the continued high demand for ‘A’ quality, moderately priced films in theatrical, DVD and television markets at the same moment that traditional sources of production funds are drying up. We engineer 100% of the production costs for films through a combination of equity capital, domestic licence fees or licence fee commitments, international sales, bank lending, European co-production subsidies and structured finance.
The structured finance mitigates risk on the downside and creates the possibility for substantial returns on the upside. Previously, investment structures from major studios and independents have either limited risk and placed ceilings on profit participation, or have not attempted to mitigate investment in film production.
We are constantly seeking new financial avenues. However, we believe that the provision of 20% of the budget from structured financing dramatically mitigates production risk.
The ultimate goal when producing quality, theatrical films is to create the opportunity for windfall profits, but this is not a necessity for the recoupment of production costs.
THE HOLLYWOOD REPORTER January 2, 2009
‘Things may be tough economically around the world, but the Major Hollywood distributors still managed to gross record high overseas box office in 2008, garnering an estimated US$9.9 billion, up 4% from 2007’s US$9.5 billion international total’.
During the slump in the 1930’s, the public needed to escape from the Depression, even if only temporarily and this was the Golden Age of the Cinema.
In times of recession and economic downturn, cinema attendances invariably go up, so investment in film production is now an increasingly attractive proposition.
Nice Pictures has offices in London, Marbella and Los Angeles.