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Glossary C - E

term definition
Capital expenditure The purchase, maintenance or improvement of assets such as buildings, cameras, computers or other major equipment.
Chain of title

Chain of title is a term commonly used to refer to a series of documents which establish that you own all the necessary rights (including copyright) to allow you to develop, produce and market your project. Documents which might typically form the chain of title for a project include:

Writer's Agreements;
Script Editor's Agreements;
Option and Assignment Agreements (if you are basing the script for your project on someone else's work, such as a novel);
Producer's Agreements; and
Director's Agreements.

You will need to establish for Film Victoria, at each relevant stage of your project, that you own all necessary rights and have the appropriate chain of title documents. If you are required to provide chain of title documents under your agreement, Film Victoria will be entitled to approve those documents.

Co-funding  A project which is, or is going to be, financially supported by a third party, other than Film Victoria and the applicant alone.  
Completion guarantee A form of insurance that is provided by a company which takes on the responsibility on behalf of the investors of finishing the film, should the producer be unable to do so, for whatever reason.
Copyright

A set of exclusive rights regulating the use of a particular expression of an idea or information. At its most general, it restricts "the right to copy" or reproduce an original creation. In most cases, these rights are of limited duration.

Copyright covers only the particular form or manner in which ideas or information have been manifested, the "form of material expression". It is not designed or intended to cover ideas, concepts, facts, styles, or techniques which may be embodied in or represented by the copyright work.

Copyright law can be complex. Visit Arts Law (http://www.artslaw.com.au/) for further information.

Cross platform Distribution via multiple media platforms including broadcast television, online, mobile etc.
Deal memo  Usually taking the form of a short form agreement, this is a contract with a financier, broadcaster, distributor or sales agent specifying the conditions under which they will invest in the project. 
Deferred payment A fee (or part fee) for professional services or supply where the fee is payable from revenue generated from sales of the film rather than from the production budget.
Digital media Broadly defined as encompassing games, animation, interactive and online.
Distribution guarantee A legal agreement by a distributor to pay the producer a specified amount on a particular date in return for the exclusive right to distribute the film in a particular territory. Also referred to as a 'minimum guarantee'.
Documentary Documentaries are projects which involve actual events and real people. For the purposes of assessing documentary development funding we refer to the Australian Communications and Media Authority (ACMA) guidelines and the Australian Content Standard definition of documentary as "a program that is a creative treatment of actuality other than a news, current affairs, sports coverage, magazine, infotainment or light entertainment program‟.

Draft

A version of a script. Each time significant changes are made, it is considered to be a new draft. The version of the script is often referred to as a 'First Draft' 'Second Draft' 'Final Draft' etc.
Digital Versatile Disc (DVD) An optical disc storage media format that can be used for data storage, including movies with high video and sound quality.
Early career practitioners (Industry Activities) Early career practitioners may have a combination of the following experience:
- Have graduated from tertiary study in film and TV or digital media production
- Have up to five years screen industry experience (either paid or unpaid)
- May have some credits on commercially released screen industry productions
- Relevant work in a related field may be considered
Early career producer  A producer with a credit as producer on at least 2 fiction shorts; or credit as a production manager on at least 2 fiction film or television productions of any length. 
Electronic press kit (EPK) An assembly, typically provided on a digital format, consisting of 'making of' footage, clips from the production and interviews with key cast and crew, provided as publicity material for the upcoming release of a production.
External assessor We regularly engage experienced industry practitioners with relevant expertise to assess projects submitted for funding. Such assessors are engaged on a case by case basis for the assessment of projects, and are referred to as external assessors.