I thought that Domestic Motion Picture Fund was announced as production funding? Why is this for development?
The Domestic Motion Picture Fund represents the first dedicated funding since 2003 to cover all phases of film and television work, including development AND production.
This money will be administered through several targeted program streams, to ensure intersectional support across all phases of a project, genres and formats, between emerging and experienced content creators, and equitable access for under-represented groups.
As this first program is targeting emerging and equity seeking artists, we felt starting with development was appropriate. Rest assured more programs ARE coming, including production phase financing. We are aiming to share a more complete picture of the different programs that will come out of this investment by Spring 2021. We appreciate your patience through this process.