Chopped & Screwed: The Final Mixtape

Chopped & Screwed: The Final Mixtape

Documentary about hip-hop icon DJ Screw

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Security Type
Revenue Sharing
Categories
Entertainment
Min Investment
$100
Location
Agoura Hills, CA
Offering Date
January 28, 2021
Expected Close Date
April 30, 2021
Target Raise
$100.00K-$250.00K
Deal Notes

Investment Multiple: 2.0x

Maturity: 60 months

Payments: Monthly

Security Interest: All assets of the business

Ownership % Represented by Securities: 0% equity interests in the Issuer or any voting or management rights with respect to the Issuer as a result of an investment in Securities.

Revenue Sharing: If the film is sold: a single lump-sum payment to NextSeed investors. 

If the film is distributed: 80% of proceeds in year 1, 70% of proceeds in year 2, 60% of proceeds in year 3, 50% of proceeds in year 4, 50% of proceeds in year 5.

Use of Proceeds

To date, we have self-funded pre-production as well as the the majority of principle photography. This has included legal contracts, initial art creation, shooting interviews as well as some b-roll days, putting together the sizzle, and the resources to create this investment campaign. We are raising capital in order to complete the final phase of production and enter post-production. Although we've shot the majority of the interviews, we still have a few left and are awaiting word from a variety of celebrities who have been influenced by DJ Screw that we would need to spend additional resources on in order to film.

The post-production process is going to be our biggest expense and the majority of what we are going to use the NextSeed proceeds for. The first step is hiring a high caliber editor with documentary experience to work with Isaac in order to get us to a Rough Cut stage. Once the picture is locked, we will need to use capital for sound mixing, color correction, festival submissions, distribution costs, closed captioning, asset delivery for various distribution platforms, titles, animation, music supervisor and music rights, clearances, and screenings. 

Any remaining capital will go towards reimbursement of expenses for the first phase of production, and in the unlikely event that there is capital leftover, proceeds will go towards paying the principals who have worked pro bono to get this labor of love off the ground.

Management Team / Advisory Board Bios

Joe Lizinger
Executive Producer
Joe Litzinger (IMDB), Interesting Human Medias founder, is serving as Executive Producer for the project as well as provided production services. Joe is a Prime-Time Emmy nominated tv producer and documentary filmmaker. He currently serves as the EP of the six-time Emmy-winning series Life Below Zero.

In addition to producing thousands of hours of nonfiction tv programming, he co-directed and served as EP on two multiple award-winning feature-length documentaries. Joe has served on various industry panels hosted by IDA, Variety, Deadline, Reel Screen, KCRW and as a documentary mentor as SXSW.


Ally Siegel
Producer

Ally Siegel (IMDB), born and raised in Los Angeles, graduated from The University of Arizona with a degree in journalism. By chance, Ally accepted a job in the casting department at BBC Studios in June 2011 and hasn’t left since. There, she fell in love with the world of casting docu-series. Being able to meet people from all over the world with traditions and beliefs unlike her own and to document their stories brings Ally great satisfaction.
While at BBC Studios, Ally has worked as a Associate Story Producer, Production Coordinator, Segment Producer, Casting Producer and most recently Producer. In her free time, you’ll find Ally chatting with just about any stranger she meets. Their untold stories continue to fascinate her. Ally currently lives in Los Angeles with her husband and two-year-old daughter.

Deal Notes

Investment Multiple: 2.0x

Maturity: 60 months

Payments: Monthly

Security Interest: All assets of the business

Ownership % Represented by Securities: 0% equity interests in the Issuer or any voting or management rights with respect to the Issuer as a result of an investment in Securities.

Revenue Sharing: If the film is sold: a single lump-sum payment to NextSeed investors. 

If the film is distributed: 80% of proceeds in year 1, 70% of proceeds in year 2, 60% of proceeds in year 3, 50% of proceeds in year 4, 50% of proceeds in year 5.

Amount Raised : $0
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Security Description

Revenue Sharing is a form of lending that involves sharing revenue from the business with investors as return on their investment. It is often a fixed percentage of revenue and you are paid until you earn a total return on your investment.

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