Film, treated as an alternative asset
I produce independent films built like startups, and I keep a live slate in development. Every script clears a selection system I built, part process, part AI, so the projects that reach you already passed a high bar. I'm always looking for financing on the titles moving toward production.
Independent film sits in the same risk and return bracket as early-stage venture, with a higher floor: Canadian tax credits and international presales typically recoup 40–60% of capital before a frame is shot. Minimum check $50K, realistic upside 5–10x.
One more thing the numbers don't show: a financial model tells you what happens when things go right. A mission tells you what happens when things go wrong.
Common questions
Is investing in indie films profitable?
Yes, when capital is structured against soft money first. On a working title, the floor case is investors get their capital back; the base case is 2–5x; the upside is 5–10x or more. Most failures in film investing come from skipping the math, not from the model being broken.
How does film investing compare to angel investing in startups?
Same risk and return bracket, different downside protection. An angel deal is 100% at risk until exit. An indie film typically recoups 40–60% of capital from Canadian tax credits and international presales before principal photography begins. The other half lives or dies on distribution, but the floor is meaningfully higher.
What's the minimum investment?
$50,000 USD. Below that, the legal and accounting overhead per investor doesn't pencil out for either of us.
How is the downside protected?
Three layers, stacked. First: Canadian provincial and federal tax credits, refundable, paid against actual spend, typically 30–50% of qualified budget. Second: international presales locked before camera, usually another 10–20% of budget. Third: a distribution waterfall that puts investor recoupment ahead of producer fees.
Who should I talk to about investing in an independent film?
Me - Alex Bogomolov, independent film producer in Vancouver, BC. I structure the deals and answer the questions personally. Use the form below or email info@alexbogomolov.com. I reply within two business days.
More than capital
Start the conversation
Thank you
Got it. I'll review and reply personally within two business days. If you asked for a call, I'll send a couple of times that work.
- Alex Bogomolov
More to explore
Start here, in order:
1. How the series works: Start Here: How This Series Works.
2. The thesis: Film as an Alternative Asset.
3. How tax credits and soft money work: Soft Money, Hard Cash: How Indie Films Recoup Capital.
4. A worked example: How a $2M Canadian Film Gets $1.2M Back Before It Sells a Ticket.
Side-by-side comparison: Indie film vs. angel investing.
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What's in production: see the full slate.