NEWS & PRESS

Audiosocket's first annual Music Showcase
As the sun sets on our sizzling summer season, let's keep our creative industries socializing, networking, and building community! At the intersection of film potentially explosive creative connection. That's why WashingtonFilmWorks is inviting you (and the entire film community) to Audiosocket's first annual Music Showcase.

The evening will feature the musical talents of:

"Awesome" / Carrie Akre / Kj Sawka
The Bad Things / Gayle Cloud /
DJ Danny Massure

When: Thursday, September 18, 2008
Time: 7pm doors, 8pm show
Where: Nectar Lounge (412 N 36th St. Fremont)

This invite admits one but does not guarantee admission.

Space is limited. First come first served.

RSVP by September 15 @ rsvp@washingtonfilmworks.org.

LATEST NEWSLETTER

PROGRAM UPDATES
August 2008

In an on-going effort to keep the community updated on the incentive program, WashingtonFilmWorks is sending a list of recent changes to the program's Guidelines and Criteria. For a complete list of the Guidelines and Criteria please visit our website at www.WashingtonFilmWorks.org.

Should you have any questions about these changes or the program feel free to call the office (206.264.0667) or email us at info@WashingtonFilmWorks.org.

GUIDELINES & CRITERIA

Applications
1. Commercial Productions. Commercial productions must apply for funding assistance prior to the start of production. Applications will no longer be accepted after the start of principal photography.

2. Application Budget: Post production expenses may not exceed 30% of the total qualified Washington state spend.

During Production
1. Declaration of Residency Forms. Cast, crew or extras making less than $500 on a production are required to sign a declaration of residency form but are not required to provide a photocopy of their proof of residency (i.e., driver's license, voter registration card, utility bills).

After Production
1. Completion Packages. All productions submitting a production completion package and a post-production completion package must choose a cut off date to delineate the two types of expenses (production vs. post-production). Once that date is chosen and the production completion package is submitted invoices dated prior to the cut-off will not be eligible for funding assistance. Similarly, the post-production completion package may only contain invoices dated after the cutoff and the post-production completion package must be submitted within one year of the date WFW receives the production completion package.

Definitions / Clarifications

1. Thresholds. Production companies may apply for funding assistance for multiple episodes of one television show, however each episode must meet the $300,000 in-state spending threshold. Commercials may meet the $150,000 threshold by shooting multiple spots or running footage if the spots are awarded at the same time as part of one campaign and shot during one production period.

2. Public Television. Public television projects will now be eligible for funding assistance assuming that all other criteria are met.

3. Vendors that act as an agent or facilitator for out-of-state businesses are not eligible for funding assistance.

4. Airline tickets purchased through a Washington based business or travel agency are eligible for funding assistance.

CLOSE PARTY TRANSACTIONS POLICY
The close party transaction policy was adopted in May 2008 and is designed to accommodate the unique needs of Washington based production companies that have full time employees and that own significant production and / or post-production resources. The adoption of this policy allows WFW to better account for the costs associated with these types of productions.

• Company must submit with their completion package proof of payment for production expenses from an unaffiliated 3rd party (i.e., the client) in the form of a cancelled check or wire transfer.


• Company may claim a "Producers Fee" up to 10% of the total production budget as stated in the application up to a maximum production budget of $5M.
  
  
• The level of funding assistance for full-time salaried employees will be determined by the rate that the production bills for that employee's services. These full-time, salaried employees must receive health and retirement benefits as specified in WFW's Guidelines and Criteria. As a year round company employee, they may be covered by the employer's benefit program.
  
  
• Resources owned by the company and used during production must be billed at fair market value. The production must submit an invoice or indicate on the Washington State Spend ledger the rate at which the resources are billed.

Dedicated to the competitiveness of Washington's film industry