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The
total cost of the two films together was about $7500. G-Star
will invest $100,000 in a feature film to be written and
produced by G-Star college graduates. We have already begun to
contact our former students in their colleges and universities
to ask them to submit feature film scripts for this program.
The G-Star college graduates will hire their other college
friends to fill in crew space if available. Auditions will be
open. Crew will all be paid to work on the film. The G-Star high
school students will intern on the film, as they do now on
outside funded feature films. A well-known film star will be
hired as a day player to be shot out in three to five days
keeping their expense down. Their name will, of course, help the
sale of the film. Distributors predict that the film will
gross approximately $400,000 in world-wide sales. The proceeds
will go to G-Star to finance the next film, and then the next
film. We can do at least four G-Star Studio films a year in this
manner. We will finance, produce, and distribute our own films
as a self-supporting feature film studio, all on our own back
lot which is all of Palm Beach County. We will give the finished
films to the graduates as resume films. We will teach them how
to use those films to go out and finance their own one million
and two million dollar movies. These films will become their
films to shoot at G-Star for no charge and will use our G-Star
high school students as interns. The profit for those films will
all be theirs. In this manner, we will help create the George
Lucas’ and Steven Speilberg’s of the future.
Many of you know by now that G-Star is building the largest
motion picture sound stage in south Florida right next to the
school and studios. Up until now, the G-Star Studios has been
able to do independent films up to ten million dollars in
budget. The addition of the sound stage will bring in outside
independent and studio financed films in the $20 million to $50
million dollar range. These will be films financed and produced
by film companies from Los Angeles, New York, Latin America, and
Europe. G-Star just completed its first five years. This second
G-Star five year plan shows how the dream described in that
Variety article will become reality. It is already under way. We
are half-way there. G-Star will develop its own motion picture
studio and recreate the old Hollywood Studio System. As we say
to all of our students: Once G-Star, always G-Star! |