Film finance is an aspect of film production that occurs during the development stage prior to pre-production, and is concerned with determining the potential value of a proposed film. In the United States, the value is typically based on a forecast of revenues, beginning with theatrical release, and including DVD sales, and release to cable broadcast television networks both domestic and international licensing.
DreamWorks LLC today announced that it has closed two major financing transactions totalling $1.5 billion. The new financing consists of a $1 billion film securitization the first of its kind in the film industry as well as a $500 million revolving credit facility. Together, these financings replace the Company’s existing financing arrangements at a substantially lower cost of capital and extend the Company's access to debt capital until at least October 2007. DreamWorks has been able to secure $150 million of the $325 million in debt financing they're currently seeking.
Pixar Animation Studios keeps computer-generating hits. The company has produced about a dozen full-length animated movies, including the first fully computer-animated feature "Toy Story", as well as the more recent Cars 2 and Toy Story 3. RenderMan was used to create some of the dinosaurs in Jurassic Park and space creatures in the Star Wars films. Pixar has accounted for a large chunk of the animation box office in recent years. Its films are released by Disney, which in 2006 bought Pixar for $7.4 billion.
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