AMPTP Kills the Waiver

AMPTP has stopped doing waivers PERIOD.

What is the bottom line about the ending of the waiver or "Guaranteed Completion Contracts"?

Indie films are really going to have trouble getting financing because they have no safety net against a strike. And the money people will not fork over the money with no assurance like the waiver.

So the AMPTP has effectively stabbed the Indie film business in the heart, to make sure that they have less competition for a smaller and smaller money supply. Cute, real cute.....

Read Nikki Finke's article about this mess at:

AMPTP Kills the Waiver

http://www.deadlinehollywooddaily.com/toldja-sags-halt-of-guaranteed-completion-contracts-hurting-indies/