ru

PROPOSAL

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NDflI CITY IDIIODI]CTIONS

nE!'O MAN j -s an act ion adventure comedy about a.n

eighbeen year o1d f punkr hoodwinkecl in to work ing

fo r a seedy repossess ion eompany and th rus t head long

in to an i n t r i gue l nvo l v lng f l y i ng sauce r cu l t i s t s ,

f asb ca rs , exo t i c women , ru th less l n te111gence agen ts

and a wayward nuc lea r sc ien t i s t

2 S ur.rSer AVsvugV¤N(c6 C{Ltfor(1r11t loLl t (zrs) 942-nfl fs 916-oYzz

BY

PAGE 2.

SYNOPSIS

OTTO, a young karate-expert punker, is hoodwinked by the

wi ly BUD into par t ic ipat ing in a REPO: the repossession

of an automobile whose owner owes the bank. OTTO is init ial ly

horr i f ied to learn that he has helped h is natura l enemy

the Help ing Hand Acceptance Corporat ion. However , the t ime

and the loss of job and g i r l f r iend force OTT0 back in to

BUD'S path, and OTTO soon fa l ls in to the long hours and

tunnel-vision of the REPO MAN. l , lhi le BUD pursues his nemeses

the RODRIGVEZ BROTHERS -- who are resPonsible for at least

th i r ty vehic les " in the f ie ld" 0TTO becomes involved in

an In t r igue.

A $ 2 0 , 0 0 0 r e p o b o u n t y i s b e i n g o f f e r e d f o r a ' 6 2 C h e v y

Mal ibu dr iven by J . FRANK, a wa)rward Nuclear Physic is t .

The mysterious LEILA tel ls OTTO that the car contains the

las.t remains of three dead al iens whose f lying saucer crashed

in L947. OTTO repoes the car f rom J. FRANK, but before he

can col lect h is reward the Mal ibu is s to len. OTTO is caught

in a web of government agents, foreign spies and f lying

saucer cu l t is ts , a l l o f whom want the car . OTT0 sets of f to

solve the mystery alone pursued by al l and unaware that

t ime is running out.

Whatever s i ts in J

l o n g e r . . .

FMNK's t runk wi l l not rest easy much

t!c

P A G E 3 .

PRODUOTTON

REPO MAN wi l l be a h igh-g loss, 1ow budget feature f i lm

shot in and around Los Angeles wl th tne mobi le teehnology

o f Super 16mm. I t w i l l be re leased in w ide - fo rma t 35mm.

(Tes ts by Du Ar t Labs l n New York show no app rec j -ab le

di f ference between f l rms b l -own up f rom Super 16mm and

f l -1ms sho t i n 35mm. ) The p ro fess iona l c rew w i l l wo rk

on a de fe r red paymen t bas i s . A Persona l I n ju ry and

P r o p e r t y D a m a g e L i a b i l i t y I n s u r a n c e P o l i c y , L . A . C i t y

F i lm lng Perm i t s , sound and reeo rd ing s tages , Chapman c ranes

l i gn ts , an ima t ion camera , and Do lby Sound M ix Fac i l i t y

w i l - l - be dona ted by UCbA. R icha rd Por tman , two - t1me

Academy Award w inne r , w111 m1x the f i 1m. REPO MAN

wi l l be sho t i n f ou r weeks w l th twe lve weeks o f

pos t -p roduc t i on .

Examp les o f t h i s l ndependen t app roach to fea tu re f i lm

produc t i on i nc lude RETURN OF THE SEACAUCUS SEVEN ($ f ,800 ,000

in domes t i c ren ta l s ) , PENITENTIARY ( $4 ,000 ,000 ) , P INK FLAMINGOS

( $ t , 7 o o , o 0 o ) , a n d D E C L T N E 0 F W E S T E R N C r V r L r Z A T I O N ( $ r , e 0 0 , 0 0 0 ) :

a l l s h o t i n 1 6 m m f o r l e s s t h a n $ f O O r 0 0 0 - C u r r e n t l y ,

CHAN IS MISSING (made in 16mm fo r $20 ,000 ) i s g ross ing

$ 1 8 , 0 0 0 a w e e l < i n o n e L o s A n g e l e s t h e a t r e .

I t mus t be emphas i - zed tha t t hese ren ta l f i gu res a re fo r

t h e a t r i c a l d i s t r i b u t i o n i n t h e U . S . a n d C a n a d a o n l y .

f!v

P A G E 4 .

PRODUCTTON (CONT. )

As such , t hey rep resen t l ess than ha l f t he i ncome genera ted

by i ndependen t f ea tu res the o the r ha l f coming f rom

fo re ign d i s t r l bu t i on and domes t i c Cab le TV l l cens ing .

TALENT

MONIQUE VAN DE VEN, one o f Eu ropers b igges t box o f f i ce

draws, and star o f TURKISH DELfGHT, A WOMAN LIKE EVE, and

K A T J E T Y P E L . . .

E T V I R A ( a l - i a s C A S S A N D R A P E T E R S O N ) , L . A . c u l t T V p e r s o n a l i t y . . .

FEAR, Los Ange les r p remie r punk band , cu r ren t l y i n t he

t h r o e s o f t n e i r m a m m o t h U . S . t o u r . . .

HARRY DBAN STANTON and EMILIO ESTEVEZ are current ly

c o n s i d e r i n g t h e r o l e s o f B U D a n d 0 T T O . . .

Aud l t i ons have been in p rog ress th rough Ju l y and Augus t

u n d e r t n e s u p e r v i s i - o n o f C a s t i n g D i r e c t o r V I C K I T H O M A S . . .

PAGE 5.

PRODUCTION SCHEDULE

AUGUST-SEPTEMBER Pre-produetion and f inal script approval

OCTOBER Pr inc ipal Photography

NOVEMBER Edit ing - Rough Assembly

DBCEMBER Edi t ing - F ine Cut ; Record Music

JANUARY Mix ing Sound Track; T i t les; B low-up

FEBRUARY Screenings for Dis t r ibutors: Promot ional Mai l ing

MARCH Negot ia t ions for Dis t r ibut ion

Los Ange les F i lm Marke tp lace ; D is t r i bu t i on ;

L icens ing

PAGE 6.

BUDGET SI]MMARY

PRODUCERS' FEE

WRITER/DIRECTOR'S FEE

TOTAL ABOVE THE LINE COST:

ACTUAL DEFERRED

$ 4 , o o o4 , 0 0 0

$ 8 , 0 0 0

PRE-PRODUCTION EXPENSES :

PRODUCTION EXPENSES:CrewTaIentStock and ProcessingArt Di rect ionEquipment RentalsInsuranceCater ingTravel ExpensesLawyer & Accountant Fees

POST.PRODUCTION EXPENSES :Ed i to r & Ass is tan t Ed i to rEdi t ing Room & Suppl iesAnimat ion & Ti t lesMusical Score and FxPost-Product ion LabBlow-up to 35mnPubl ic is t FeeProduct ion Of f i cel" Video Tape ( for Cable TV)

TOTAL BELOI,T THE LINE COST:

TOTAL BUDGET EXPENSES:

$ 2 , o o o3 1 , 7 0 0

$15 ,200 (de fe r red )10 ,000 (de fe r red )1 1 , 0 0 07 ,4003 , 8 0 02 , 5 0 03 , 0 0 02 , 0 0 02 , 0 0 0

$ 3 2 , 3 0 0$10 ,800 (de fe r red )

5 , 6 0 05 , 0 0 0

4 , 0 0 05 , 7 0 0

1 2 , 0 0 0I , 5 0 02 , 0 0 0

500

$ 7 0 , o o o

$ 7 0 , o 0 o

$ 2 , o o o25 ,200

$ l o , 8 o o

4 , 0 0 0

$ 4 2 , 0 0 0

$ 5 0 , o o o

TOTAL BUDGET (ACTUAL + DEFERRED). . . $l?q,ooo

PAGE 6A

UCLA BENEFITS

PRODUCTION EXPENSES:

Ar t D i rec t i on /Sound S tages

Sound Equipment (Nagra IV & Microphones)

L igh ts & Gr ip Package

Insu rance & C i t y Pe rm i t s

POST-PRODUCTION EXPENSES :

Animat lon

Mus ic Record lng S tud io

Screening Room Renta ls ( 35mm & Super f6mm)

Mix ( t2 -T rack 35mm Do lby )

TOTAL DOLLAR VALUE OF UCLA DONATIONS

TOTAL BUDGET (ACTUAL + DEFERRED)

$ 3 , 5 0 0'r t rnnL , J v v

l r n ^ r \. t , ! J v v

4 r o o o

1 3 , 0 0 0

2 r 0 0 0

1 0 , 0 0 0

2 , 5 0 0

1 2 , 5 0 0

2 7 , 0 0 0

4 o , o o o1 2 0 , 0 0 0

GRAND TOTAL BUDGET $ 1 6 0 0 0 0

PAGE 7 .

INVESTORS

The of f 'er lng of REPO MAN is a L iml ted Par tnership Agreement

w i th Edge C i t y P rodue t ions as the Genera l Pa r tne r . Th i s

l ' i nanc ia l s t ruc tu re a l l ows the Inves to r t o take an Inves tmen t

Tax Cred i t f o r h i s o r he r "a t - r i sk ' t pa r t i e ipa t l on and to

deprec ia te the l r respec t i ve sha re o f t he fea tu re en t l t y ,

w i tnou t any l i ab l l i t y o the r t han the moneys j . nves ted . The

par t i eu la r appea l o r t h i s o t ' f e r i ng i s t ha t f nves to rs whose

ven tu re cap i ta l se ts the p roduc t l on l n mo t ion w l11 reee ive

the i r pe rcen tage o f a 50% p ro f : - t pa r t i c i pa t i on , based so Ie l y

on the i r 44% cap l ta l l za t j -on o1 ' t he ove ra l l cos t ( T h i s 5 0 %pro f i t pa r t i c i pa t l on i - s cus tomar l l y con t l ngen t upon I00%

c a p i t a l i - z a t l o n o f t h e p r o J e c t c o s t . ) Tn i s un ique ly

advan tageous a r rangemen t 1s made poss ib le by the Iae t t ha t

3 I % o f t h e c a p l t a l i z e d c o s t o f t h e f i l m i s b e i n g d e f e r r e d

w i t h n o p r o f i t p a r t l c i p a t i o n , a n d t h e b a l a n c e ( 2 5 % ) i s b e i n g

dona ted by UCLA. Any o the r p ro f i t pa r t i c i pa t l on po in t s

deemed necessa ry i n t he j udgemen t o f t he p roduce rs to secu re

name ta len t , e t c . , w i l l - be taken on a one - to -one bas j - s f rom

the P roducers I and Inves to rs I ne t p ro f i t s .

The Genera l Par tner wi l l prov ide income statements and

ba lance shee ts to the L im i ted Par tne rs each yea r , and w i l l

se t up an i nd i v idua l accoun t w i th each Par tne r .

PAGE 8.

TNVESTORS (CONT.)

Fi lm making is , o f course, a r isky venture even when the

product ion is insured against lab damage and equipment loss.

As such , i t i s bes t su i ted to ven tu re cap i ta l , s i nce the re

i s a lways a poss ib i l i t y o f p ro jec t f a i l u re and l oss o f

investment funds. However, in the case of REPO MAN, the

producers and par t ic ipants are work ing on an absolute

min imum deferred sa lary basis and hence have a personal

s take in seeing the product ion completed on schedule,

wi th in budget , and real iz ing a prof i t . l , Ie bel ieve i t is

exact ly th is personal in terest on the par t o f cast and

crew which makes REPO l, lAN such a potential ly profi table

venture.

PAGE 9

RE'PilFMN

A 35nun COLOR FEATURE FILM

"Repo Man Product ions"

Genera l Par tners:

A L imi ted Par tnership

Edge Ci ty Product ions( A . C o x , P . M c C a r t h y ,R . R o s e n , J . W a c k s )

$ z , o o o$ 7 0 , 0 0 0

5 0 , 0 0 0l l n n n n

$ t 6 0 , o o oEach $7 ,000 i nves tmen t equa ls 5% o f t he ne t p ro f i t s o frhe f i lm .

The to ta l cap i ta l con t r i bu t i on o f $70 ,000 sha l l be repa idin ful l from all income received through the sale anddis t r ibut ion of the f i lm. Once repaid a long wi th defermentcosts and overhead, the Genera l Par tners and the L imi tedPar tne rs sha l l sha re i n the p ro f i t s on a 50 /50 bas i s '

10 L imi ted Par tners

Minimum Investment:

To ta l Budge t : actualdeferredUCLA

PAGE 10.

PROFIT PARTICIPATION

GROSS RECEIPTSII

DISTRIBUTION FEE

II

DISTRIBUTION COSTIII

OVERHEAD

,1INVESTORSACTUAL

44% 0F TNVESToRS I DEFERREDB U D G E T $ 7 0 , 0 0 0 r $ 5 0 , 0 0 0

EQUAL OUTI

TILLI

BREAK EVEN

i I I pRoFrr. t l

307" INVESTORS PRODUCER'S50% NET 50% - POINTS ScriPt\ ,\ t Crew

\ /\ ,t . t

POINTSName TalentMusj -c Rights

PAGE 11.

DISTRIBUTION MARKETING

Independent feature f i lms are in an advantageous profi t

pos i t ion today, par t ia l ly because they can be produeed

for drast ica l ly less than comparable s tudio features

(whose b igges t expense i s a lways sa la r i es ) , bu t a l so

because of the rapid growth of explo i tab le markets .

A feature f i lm is no longer suscept ib le to the whims of

U .S . t hea t r i ca l d i s t r i bu t i on now tha t o the r marke ts

spec i f i ca l l y Ne twork Te lev i s ion , Synd ica ted Te lev i s ion ,

Publ ic Broadcast ing, Fore ign Tel -ev is ion, Pay TV, and the

re lat ive ly new development of V ideocasset te and Videodisc

markets act as addi t ional sources of potent ia l income.

Cable TV has a vorac ious appet i te for new product , and is

proving a signif icant component of the independent feature

p r o f i t p r o f i l e .

d is t r ibut ion now makes gp more than half of theFore ign

revenues generated by the average independent feature

As a resul t o f th is broadening expanse of d is t r ibut ion

markets, the income-producing l i fespan of an independent

feature is greater today than i t has ever been.

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