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Gov. Blagojevich Appoints Film Production Veteran
Gov. Rod R. Blagojevich today named a new Managing Director for the Illinois Film Office to continue to advance the state’s aggressive efforts in support of the film industry in Illinois. The Governor tapped Betsy Steinberg, an industry veteran with vast experience in television and filmmaking production, who will work to attract more film and television projects to Illinois, which will help bring even more jobs and revenue to the state. Steinberg replaces Brenda Sexton, who is leaving the Administration after a successful tenure, which saw the start the film industry’s revival in Illinois. The Illinois Film Office is part of the Illinois Department of Commerce and Economic Opportunity (DCEO), the Governor’s lead economic development agency.
“It’s my pleasure to welcome Betsy Steinberg to the Illinois Film Office. Her extensive industry expertise, both on the creative and business side, will be valuable as we build on the momentum we’ve generated over the last three years and continue growing the film industry in Illinois. With our tremendous cities, locations, actors and crews, Illinois has everything Hollywood productions are looking for, and, with our recently expanded tax credit, Illinois is as competitive as ever. And my thanks to Brenda Sexton for her years of service and dedication in developing this important industry in Illinois,” Gov. Blagojevich said. Read more at commerce.state.il.us.
Rights are clearly defined
Rights' are the expressed, granted permission by the owner of a particular work to an intended buyer, for the utilization of their property in the profitable redistribution of that material. The permission, if granted, may entail the right to employ the work in the designated medium in which it was intended for redistribution. Additionally, the Copyright Act protects the owner of a property from unauthorized use of their material.
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Definition:
Delivery of a persuasive message about a product, service, or idea to a large group of people at a single time through the use of mass media.
Distributor
Definition:
From studios to exhibitors, the distributor sells viewing rights for a finished film. Somewhat of an intermediary function, distribution creates initial revenue for the source that financed the project. Its basic function is to sell the viewing rights of a motion picture to specifically designated areas. Based on the elements involved in the feature, the costs of these rights vary and are just a fraction of the income for distributors.
Saturation Campaign
Definition:
Variation Margin: Payment made on a daily or intraday basis by a clearing member to the clearing organization based on adverse price movement in positions carried by the clearing member, calculated separately for customer and proprietary positions.
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