By Ray Pride Pride@moviecitynews.com
Listening to ANOTHER EARTH
A video by Rupert Creswell for the weirdly beautiful “The First Time I Saw Jupiter,” by Brooklyn band Fall On Your Sword, composers of the score to Another Earth. There’s a moment near or at the end of the movie where it kicks in one last time and… lovely.
The financing of low-low-budgeted Another Earth is unusual, reports ace analyst Gregg Goldstein at Variety (paywall) in “Microbudget success boosts nonprofit: Nonprofit shingle turns brings in su[r]prising coin on ‘Earth.’” “Artists Public Domain just scored one of the most profitable sales in the history of Sundance. It’s celebrating a 10-year anniversary. But even if you’re in the film industry, chances are you’ve never heard of this nonprofit producer,” Goldstein introduces. 2008′s Momma’s Man was an earlier production, but it wasn’t the success Another Earth is even before theatrical release. The New York-based nonprofit was paid close to $3 million for Mike Cahill and Brit Marling’s reportedly $150,000 production. Goldstein computes that those figures mean, that despite added costs to make the film ready for delivery to Searchlight, it’s made back ten times its investment. Ah, but here’s the rub: “Under APD’s 501(c)(3) charity rules, none of the filmmakers can profit from it.” ”It’s the first time we’ve ever had a film that’s in profit,” co-founder Hunter Gray told Variety. “We’ve never held a fundraiser, we don’t have any employees and we have very little overhead… No one on the board gets paid, and we can never take money out.” Deferred fees can be paid once an APD project makes money, but there are no traditional “points.” Goldstein weighs the intriguing implications (and complications) in the full article at the link.