THE CEO HAS THE AUTHORITY TO APPROVE UP TO $1 MILLION
Caplan is the ringmaster of the production – and development – funding decisions that many people are involved in making. Each feature application is examined by her and at least two other assessors: the internal investment manager ushering a caseload of projects through the system and an external assessor, who is usually a writer, director or script editor.
Caplan, her team and the external assessors decide what to recommend for funding and at what level. She can authorise up to $200,000 and the CEO has the final say on which projects get up to $1 million.
“Projects go to the board – with a recommendation – if the ask is more than $1 million. The board doesn’t usually disagree with the recommendations.
“Being the one with the overview, I’m in the best position to compare and rank the projects but this is not about my taste or what I want to see. The other assessors and I don’t always agree, but we usually do; if we don’t I always make this known to Graeme (CEO Graeme Mason). He usually then reads the application and script. He’ll do the same if there is something controversial about a project.”
On every project the creatives are expected to meet with the assessors, something Caplan regards as invaluable.
Is picking winners a crapshoot? She says one of the things that makes working in film so exciting is that, sometimes, you see neither the “turkeys” nor the big successes coming.
“With experience you get better at choosing but you can always be surprised.”
This writer sat in as an observer on an assessment meeting held just before recommendations were made to the CEO. Sixteen people were present and each application was considered individually, starting with a summary presented by one of the assessors. The discussion was thorough and headed off in many directions.
Much time was spent on scripts: whether they were based on an existing property; the degree of clarity; the amount of nuance; issues around predictability; the appeal of the characters; the level of heart; the story arc; and so on. If it was the last chance for a particular project to be submitted because of previous applications this was mentioned. Several times the progress made on casting was brought up and financial deals were unpacked. Doubts were expressed that one film could meet the creative team’s aspirations on the budget available; the inexperience of the key creators was concerning on another. More than once someone talked about how engaged and inspiring the creatives were when they met with the agency.
The presence of similar films in the marketplace, the level of theatrical appeal, the nature of those most likely to want to see the film and the strength of the distributor often got a look in. Several times this question was posed: why should the film get funding from Screen Australia? Once or twice those present were reminded it would almost certainly get another form of taxpayer funding, namely the Producer Offset, if it went ahead. Twice someone declared a conflict of interest and left the room. Only on one film was there very little discussion: “This is a very easy ‘no’; let’s move on,” said Caplan.
What to read next
Examining the individual decisions made in 2014/15 illustrates how the theory behind the question of what to fund and why is put into practice.
14 Feb 2018
Sandy George