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Showing posts with label Producers. Show all posts
Showing posts with label Producers. Show all posts

Tuesday, March 27, 2012

States Offering Millions in Interest Free Loans to Film Producers & Their Investors?


Anyone following the news these days is well aware that US investors are taking a beating. While some analysts talk of "picking up bargains in an oversold market" most investors seem to be looking quietly for a way to get their money out of the hands of banks and investment houses and into businesses they have some real control over. Money invested in a company's stock today can turn into executive parachutes tomorrow. What started as problem in mortgage-backed securities is swiftly turning into a serious deflationary spiral. States, like investors, are well aware that businesses are facing very hard times. Store closures, plant closures, layoffs, falling wages all translate in falling tax revenues and very angry voters. Which is why states are now working overtime to bring jobs and outside investment directly to their constituents.

Almost all fifty states offer incentives to film producers because film is a relatively clean industry that creates high paying, technically skilled jobs. Its the kind of industry than can come into a state quickly, and it can stay for a very long time. Because it is mostly a service-based business, film generates good tax revenues. Film also beats opening a coal mine or building automobile plant when it comes to dealing with activist citizens who do not want to live next to either.

As an example, New Mexico's film loan investment program has turned the state into a Mecca for producers and their investors. New Mexico offers an interest free loan of up to $15,000,000 for up to three years in return for a share in a film's profits. Investors who invest in a New Mexico production may receive a portion of gross profits just for providing collateral for the loan. Someone with $5 million in property can elect to use it as collateral for a film and in return receive money before, during and after production. The investor gets to keep his property and the revenues it generates and still receives a return. That's a pretty attractive deal for property owners who now have a rather non-liquid asset on their hands.

What happens if the film goes south? The collateral provider has to finish paying off the loan which will have been partially paid for by any revenues the film has generated. And if the film hasn't generated any revenues? Well, that's why its good to have a state as your investment partner.

New Mexico and Michigan vett films extensively prior to making the loans, and their contracts make "Hollywood-style" accounting impossible. So a project they choose to fund has a very, very good chance of covering its production costs and generating a profit. The shortfall, if there is a shortfall, is very, very unlikely to be the kind of absolute "crash and burn" one sometimes sees in film investment. The state, like investors, expects to get a return on its investment, so it works very hard to insure a film they fund is produced by competent professional filmmakers with a track record of success.

Loans are not the only upside to film as an investment. New Mexico and Michigan offer substantial rebates on production undertaken in their states. In New Mexico you get up to 25% of the money spent on production back in the form of a rebate when the production is complete. In Michigan its 40%.

Film loans are the first of what will be many state-based "incentives" designed to bring investors into collaboration with business owners and governments to make rational, trackable, accountable investments. New Mexico and Michigan have two very aggressive film incentive programs, while states like Hawaii have technology incubators which work along similarly profitable lines.

Some experts, like George Soros, have compared the financial crisis the nation is facing to the market in 1928. The difference is that today's investor can invest in projects nationwide, and states are willing and able to facilitate that process. As bad as this market is, and as unattractive as it is about to become, investors will still be able to find financially profitable projects in the months and years to come.




Nancy Fulton is a writer, publisher and filmmaker. You can find more about her work by visiting http://www.nobetterfriendmovie.com and [http://www.bluestatefilms.com]




Thursday, March 22, 2012

Media Liability Insurance - Concerns For Writers, Producers, Bloggers


As an insurance broker I often receive phone calls from individuals and organizations looking for general liability coverage. The variety of these organizations run the gamut, from your basic contractor to the adult model day care. But it is not this gamut that I am concerned about, at least not for this article, it is the individual and/or organizations that calls seeking general liability insurance for a media related company and are unaware that they need a very specific and obscure coverage called media liability insurance or communication liability insurance.

Some of these individuals and organizations include bloggers, web developers, radio show personalities, authors, production companies, publishers and broadcasters of instructional material, television and radio stations, motion picture companies, cable and satellite broadcasters and the advertising industries electronic publishing services as well as any other entities engaged in preparing materials for publication, republication, and electronic publishing services just to name a few.

Many of these individuals and or organizations do not realize that they need media liability coverage and worse off many insurance professionals don't even know that media liability coverage exists or that the coverage is most likely specifically excluded from their general liability.This coverage is typically part of the general liability found in Coverage B, Personal and Advertising Injury Liability, in a standard CGL (Commercial general Liability) policy. Personal and advertising injury relates to liable, slander, defamation of character, as well as copyright, patent & trademark infringement. More often than not, it is only when there is a claim, and too late that the individual/organizations learn that the most important coverage for their operation, is excluded from their policy, Media Liability. In most instances their search begins after being instructed by a vendor or contractor to obtain liability insurance. Nonetheless, there are some industry personnel that know they need the coverage but have a hard time coming across a professional that knows anything about the coverage or where to secure it.

In either case, most of these individuals or organizations are at their wits end by the time they find us. Most of which have been told that the insurance they are looking for either doesn't exist or is unavailable from the last dozen or so brokers or agents they have spoken with. There are clear reasons for this frustration and even clearer reasons that their search for media liability insurance leads them to so many dead ends.

For most of us, insurance company familiarity stems from advertisements, including, by and large those for AllState, Geico, Nationwide and Liberty Mutual, none of which offer, at this time, any variety of true media liability insurance. As a result, most people become frustrated and dissuaded. Whereas media liability insurance coverage is a very simple to understand form of insurance, nonetheless, most captive agents do not offer it. For agents and brokers those that deal primarily with home and auto insurance as a staple of their business model, exploring and becoming proficient in such a specific type of product is not germane to their own operations.

By now you are most likely and certainly asking yourself, alright already, what is media coverage? Media Liability Insurance protects you against claims arising to from the display, communication, transmission or purveyance of information in ways that may violate the rights of others. Media Liability Insurance provides very valuable third party coverage against liable, slander, defamation of character, copyright, trademark & patent infringement, personal injury liability, invasion of privacy claims or unfair competition claims that RESULT in financial consequence or personal injury. Examples of these circumstances would include printing a damaging statement about someone, making slanderous remarks about an individual or a company's product, using someone's logo or even the unlicensed use of a cartoon character in an ad or publication, distributing illegally obtained photos of someone, or marketing your product by making damaging false claims about your competitors' products.

According to Citizen Media Project, which is affiliated with Harvard Law School's Berkman center for Internet & Society, US based lawsuits have surged 70% in 2008 from 2006. The cost to hire an attorney and defend these allegations can range from $5,000 to at least $100,000 in the event the case goes to trial."Of the 256 lawsuits dating as early as 1994 through April tracked by the New Media Law Resource Center, damages were awarded in 17 cases, totaling $43.9 million", said Ron Coleman, a trademark lawyer at Goetz Fitzpatrick in New York. (1)

That is an average of almost $2.6M per judgment, before legal costs. It has been stated in various internet publications that 50% of adults are members of social networking sites like Facebook, MySpace and Twitter. Many times posts on these networking sites are written quickly and done impromptu, many times these posts can be taken out of context and because they are stored indefinitely can leave individuals open to claims well into the future. This brings up another point; adults should make sure that they have personal injury coverage on their homeowner's policy. To add this coverage is minimal and in fact this coverage is needed if you have or plan on getting a personal umbrella liability policy. For an in an individual in a non-media related industry, this coverage provides similar protection, but on a personal level. In a recent case involving an internet blogging youth, the insured's daughter hated math class as well as the teacher. The daughter made several "disparaging" remarks about her teacher online. The teacher successfully sued the parents and was awarded $750,000.

The problem with our litigious society is that many times a claim or lawsuit may not involve an error or omission. For example, a client may not be happy with service or just doesn't want to pay a bill, they can bring a lawsuit or claim alleging an error or omission, but their real objective is to avoid paying for services rendered. In this case and all cases when a lawsuit or claim is filed, the defendant still needs to hire counsel and respond to the claim. In this case Media Liability Insurance typically pays for the cost of defending this type of claim, which in may cases is the bulk of the expense of the cost of the suit.

Today's media liability policies, geared to the needs of growing numbers of firms with communication exposures, are carefully underwritten by a substantial group of insurers.

The following are some famous examples of suits that pertain to this form of insurance:

In 1981 Carol Burnett was awarded $1.6M ($3.8M in 2009 Value) after the suing the National Enquirer for describing her alleged public drunkenness.
In 2006 Chef Gordon Ramsey sued Associated Newspaper LTD for alleging he 'faked some of his scenes' Associated paid Ramsey $138,000 and an apology.(2)




By Alexis Leondis, The Star-Ledger (Newark, New Jersey), "Blog Insurance Rises in the wake of Lawsuits", 10/04/2009, (10/28/2009)USA Today, [http://www.usatoday.com/life/people/2006-06-20-ramsay_x.htm], (06/21/2006)

Castle Rock Agency Currently Offers Media Liability Insurance in CA, CT, FL, MA, NJ, NY and PA.

Castle Rock Insurance Agency NY

212-360-2334

Castle Rock Agency

853 Broadway 1602

New York NY 10003

212-360-2334




Wednesday, March 14, 2012

Georgia Department of Insurance Health & Life Insurance Producers - Mouth of the New South


The Georgia Department of Insurance health & life insurance producers have broken a new mold. They have led the Southern rebellion, changing from laid back to aggressive insurance reps to be reckoned with. In the last few years, Georgia insurance marketing has leaped ahead of near and far away states. Not that long ago debit agents in Georgia, like most southern states prevailed. These health and life insurance producers sold very small premium insurance policies on their established routes, where weekly or monthly premiums collections would be picked up from their clients. (Sort of like playing the neighborhood numbers game, before the state lotteries knocked them out of competition?). As these debit agents were employees of the insurance company, when they left, so did their unvested renewals. An old route as simply assigned to a new agent trainee joining the company.

Needless to mention, low income potential, high training costs, agent awareness, and modern banking policies have fairly well decreased debit life insurance company presence to becoming a minimal factor nowadays. When I refer to Georgia insurance producers becoming the "mouth of the south," this reflects on many of these southerners formerly waiting back for the train to come in. Georgia is often a highly underrated state, where misconceptions abound. Georgia residents have an income level slightly below that of the national average. That is typical of all southern states. The noteworthy factor is that the median income of Georgia insurance agent families is $10,000 more than those in Arkansas, and Mississippi. A very positive note effecting Georgia Insurance Agents, Georgia has experienced major population growth. The average state experienced 5.3% population increase between 2000 and 2005. In Georgia, the amount more than doubled the average, becoming a 10.8% increase.

These Georgia insurance agents suddenly had approximately 1,000,000 new potential clients to sell to. Moreover, a lot of these were established families with good incomes moving into the state. In fact, 12.4 % of the households have a $100,000 or higher income. This is not typical of many southern states. This is a great opportunity for Georgia insurance agents to offer annuity and financial products. In addition, as the number of seniors is percentage wise, much lower than most states, health agents should concentrate more on the healthy individual, worksite, and group plans My Georgia advice: Stay OUT of Atlanta.

Georgia is split in two zones, 55% of the licensed agents in the Atlanta Area, Zips 300-303. The other 45% are outside this metropolitan area. On the demand for Georgia agent recruiting, probably four will be for the Atlanta area, 2 for the entire state, and 1 for areas outside Atlanta. That would mean that Atlanta area agents receive 85% of insurance recruiting solicitations. 42% of the mail would be sent to rural agents. In addition, Atlanta agents are bombarded with almost daily solicitations by fax, email, or telemarketing.

Two recruiting tips. One: Atlanta area brokers, and Georgia rural agents, broker almost the same amount of business, with roughly the same number of total insurance carriers. Two: A rural Georgia agent is twice as likely to stay loyal to you, that the Atlanta city slicker. Our database indicates this very distinctly. We examine the frequency a Georgia insurance agent signs with another insurance company. Make your move to reward yourself with a sweet piece of the Georgia pie, rural style. Some Statistics. The state population in 2005 increased almost 11% upward since 2000 to over 9,000,000. The number of agents to thousand residents is a respectable, not overcrowded 3.6 agents. A strong median family income along with a strong percentage of high school graduates illustrates a strong economic base.




Well published author, Don Yerke likes to concentrate on what you don't know or what no one else dares to print. Tell it like it is.

Watch for his new paperback book debuting on Amazon early this summer. It is loaded with great insurance marketing and recruiting information.

Come and get your FREE "Think and Grow Rich" Ebook by Napoleon Hill instantly. The website address is [http://www.agentsinsurancemarketing.com]




Tuesday, December 20, 2011

Media Liability Insurance - Concerns For Writers, Producers, Bloggers


As an insurance broker I often receive phone calls from individuals and organizations looking for general liability coverage. The variety of these organizations run the gamut, from your basic contractor to the adult model day care. But it is not this gamut that I am concerned about, at least not for this article, it is the individual and/or organizations that calls seeking general liability insurance for a media related company and are unaware that they need a very specific and obscure coverage called media liability insurance or communication liability insurance.

Some of these individuals and organizations include bloggers, web developers, radio show personalities, authors, production companies, publishers and broadcasters of instructional material, television and radio stations, motion picture companies, cable and satellite broadcasters and the advertising industries electronic publishing services as well as any other entities engaged in preparing materials for publication, republication, and electronic publishing services just to name a few.

Many of these individuals and or organizations do not realize that they need media liability coverage and worse off many insurance professionals don't even know that media liability coverage exists or that the coverage is most likely specifically excluded from their general liability.This coverage is typically part of the general liability found in Coverage B, Personal and Advertising Injury Liability, in a standard CGL (Commercial general Liability) policy. Personal and advertising injury relates to liable, slander, defamation of character, as well as copyright, patent & trademark infringement. More often than not, it is only when there is a claim, and too late that the individual/organizations learn that the most important coverage for their operation, is excluded from their policy, Media Liability. In most instances their search begins after being instructed by a vendor or contractor to obtain liability insurance. Nonetheless, there are some industry personnel that know they need the coverage but have a hard time coming across a professional that knows anything about the coverage or where to secure it.

In either case, most of these individuals or organizations are at their wits end by the time they find us. Most of which have been told that the insurance they are looking for either doesn't exist or is unavailable from the last dozen or so brokers or agents they have spoken with. There are clear reasons for this frustration and even clearer reasons that their search for media liability insurance leads them to so many dead ends.

For most of us, insurance company familiarity stems from advertisements, including, by and large those for AllState, Geico, Nationwide and Liberty Mutual, none of which offer, at this time, any variety of true media liability insurance. As a result, most people become frustrated and dissuaded. Whereas media liability insurance coverage is a very simple to understand form of insurance, nonetheless, most captive agents do not offer it. For agents and brokers those that deal primarily with home and auto insurance as a staple of their business model, exploring and becoming proficient in such a specific type of product is not germane to their own operations.

By now you are most likely and certainly asking yourself, alright already, what is media coverage? Media Liability Insurance protects you against claims arising to from the display, communication, transmission or purveyance of information in ways that may violate the rights of others. Media Liability Insurance provides very valuable third party coverage against liable, slander, defamation of character, copyright, trademark & patent infringement, personal injury liability, invasion of privacy claims or unfair competition claims that RESULT in financial consequence or personal injury. Examples of these circumstances would include printing a damaging statement about someone, making slanderous remarks about an individual or a company's product, using someone's logo or even the unlicensed use of a cartoon character in an ad or publication, distributing illegally obtained photos of someone, or marketing your product by making damaging false claims about your competitors' products.

According to Citizen Media Project, which is affiliated with Harvard Law School's Berkman center for Internet & Society, US based lawsuits have surged 70% in 2008 from 2006. The cost to hire an attorney and defend these allegations can range from $5,000 to at least $100,000 in the event the case goes to trial."Of the 256 lawsuits dating as early as 1994 through April tracked by the New Media Law Resource Center, damages were awarded in 17 cases, totaling $43.9 million", said Ron Coleman, a trademark lawyer at Goetz Fitzpatrick in New York. (1)

That is an average of almost $2.6M per judgment, before legal costs. It has been stated in various internet publications that 50% of adults are members of social networking sites like Facebook, MySpace and Twitter. Many times posts on these networking sites are written quickly and done impromptu, many times these posts can be taken out of context and because they are stored indefinitely can leave individuals open to claims well into the future. This brings up another point; adults should make sure that they have personal injury coverage on their homeowner's policy. To add this coverage is minimal and in fact this coverage is needed if you have or plan on getting a personal umbrella liability policy. For an in an individual in a non-media related industry, this coverage provides similar protection, but on a personal level. In a recent case involving an internet blogging youth, the insured's daughter hated math class as well as the teacher. The daughter made several "disparaging" remarks about her teacher online. The teacher successfully sued the parents and was awarded $750,000.

The problem with our litigious society is that many times a claim or lawsuit may not involve an error or omission. For example, a client may not be happy with service or just doesn't want to pay a bill, they can bring a lawsuit or claim alleging an error or omission, but their real objective is to avoid paying for services rendered. In this case and all cases when a lawsuit or claim is filed, the defendant still needs to hire counsel and respond to the claim. In this case Media Liability Insurance typically pays for the cost of defending this type of claim, which in may cases is the bulk of the expense of the cost of the suit.

Today's media liability policies, geared to the needs of growing numbers of firms with communication exposures, are carefully underwritten by a substantial group of insurers.

The following are some famous examples of suits that pertain to this form of insurance:

In 1981 Carol Burnett was awarded $1.6M ($3.8M in 2009 Value) after the suing the National Enquirer for describing her alleged public drunkenness.
In 2006 Chef Gordon Ramsey sued Associated Newspaper LTD for alleging he 'faked some of his scenes' Associated paid Ramsey $138,000 and an apology.(2)




By Alexis Leondis, The Star-Ledger (Newark, New Jersey), "Blog Insurance Rises in the wake of Lawsuits", 10/04/2009, (10/28/2009)USA Today, [http://www.usatoday.com/life/people/2006-06-20-ramsay_x.htm], (06/21/2006)

Castle Rock Agency Currently Offers Media Liability Insurance in CA, CT, FL, MA, NJ, NY and PA.

Castle Rock Insurance Agency NY

212-360-2334

Castle Rock Agency

853 Broadway 1602

New York NY 10003

212-360-2334




Thursday, December 8, 2011

5 Tips for Independent Film Producers: How to Survive the Turbulent Years Ahead


The Falling Value of Film Entertainment

Forty years ago, people who wanted to see a movie on a Friday night had just a few options. They could watch what was on TV, they could go to the local drive-in, or they could go to the local movie theater. The advent of video stores that sold hundreds or thousands of movies on video tape/DVD gave people new alternatives. They could watch this week's new movie at the movie theater, or take in last winter's box office smash in their own home. The technology required to burn tapes and DVDs subsequently turned every home in to a lending library for film and video. The rise of two-hundred-channel cable companies gave us two-hundred channels with something on. Now the best selling studio and independent films are available for download from from sites like video.google.com, http://www.movielink.com, http://www.unbox.com and http://www.itunes.com.

As the rise in movie viewing options has increased, the average box office value of new films has fallen. That's hard to believe isn't it.

Block busters like Lord of the Rings or Harry Potter mask the truth that more movies are being made by more people than ever before and yet the estimated revenue for each film is actually falling. Tens of thousands of feature films and documentaries are now available for sale through a variety of venues. A growing number of producers are making their movies available for free online in the hopes that they will develop a following that will result in "sell-able films" later on.

The falling value of the average movie has dramatic implications on the lives of people who make movies for a living.

Five Survival Strategies

Consider selling your products directly to viewers without going through standard distribution channels. A producer investing tens or hundreds of thousands of dollars on film for distribution on DVD should set aside a quarter or more of that budget for a media campaign that targets the market for the film. If they spend that budget wisely, customers will be looking for the film. Producers who find a solid, reliable international storefront for their films keep the percentage usually allocated to a traditional film distributor. For example, if you post your film on http://www.CustomFlix.com, your customers will be able to buy your DVD through Amazon (and soon download it through http://www.UnBox.com). You receive 60%-70% of product sales every month and retain complete control over your content, rather than waiting months or years for distributors to send checks.

Be very careful when choosing more traditional film distributors. Many distributors will evaporate in the months and years to come due to competition from turn-key distribution solutions offered by large, well funded competitors. You do not want distributors to have control over your content when they go under. Work with distributors who deliver cost-effective, fast-launch, flexible multi-national multimedia distribution and marketing solutions for their customers. Make sure there's an escape clause if they go into bankruptcy or fail to provide timely payments or accounting.

Work directly with community theaters, activist groups and social networks to have your films shown. "Four-walling" which used to be considered an amateur filmmaker's trick was demonstrated to be a sound business strategy by Mel Gibson's block buster The Passion of the Christ. That movie was premiered to Christian communities across the United States and their word of mouth drove it to be one of the most successful independent films ever made.

Work with your screenwriters to focus on less expensive, more character-driven films that target under-served market segments. There are tens of thousands of writers trying to write a great tent-pole film. The competition is fierce, the number of producers/studios who can fund that film is small. There's are far fewer writers/producers focusing on writing Christian science fiction or Christian mysteries although the Left Behind books and the DiVinci code indicate those markets exist and spend money.

Find funding through angel investors rather than through more traditional lending and investment mechanisms. Movies are a risky business, and they are growing more risky all the time. Fortunately the cost of making them is also falling fast. Angel investors will often pay to have a movie made as part of an artistic statement or act of community involvement while other investors will be driven more directly for a desire for profit. Producers will assemble groups of angel investors who fund projects, and those investors may elect to make their money available as grants rather than as loans or stock ownership. "Rich Patrons" may well be on their way back and they are certainly worth cultivating.

Evolve to Survive

Some trends are irreversible. Horses gave way to cars. Silent movies gave way to talking pictures. The movie industry is changing radically.

Those who want to make and sell movies for a living must revise their methods accordingly. They must make more films for less money, and the films they make must be better targeted so they are more cost-effective to sell. The good news is, great scripts, exceptional acting talent, strong technical skills and good business sense will be enough to give many producers the great careers they deserve and many viewers will end up with "new classics" to watch.




Nancy Fulton is a working screenwriter [http://www.scriptcorp.com] and independent film producer [http://www.backfromiraqmovie.com].




Music Business Contacts: Music Business Registry connects artists, managers, publishers, producers &


"The difference between success and failure is information," notes Ritch Esra, and he should know. Along with his partner, Stephen Trumbull, Esra is a leading part of the number one most-reliable source of information on "who's who" and "who does what" in the music business. Best of all, they can tell you where everybody is located.

FIVE VOLUMES OF DATA.

The Music Business Registry (http://www.musicregistry.com) publishes five directories: the "A&R Registry," the "Music Publisher Registry," the "Music Business Attorney Registry" the "Film and Television Music Guide," and the "Record Producer and Recording Engineer Directory." For many in the business, these are indispensable reference works.

"The directories give everyone vital, accurate and the most up-to-date information they need to contact the entire A&R, music publishing, legal and film/TV music communities," Esra states. From comparing notes with dozens of professionals in all of these areas of expertise, I can tell you that no one disputes his claim.

More than one music industry executive has told me that the Music Business Registry publications are worth their weight in platinum. Tess Taylor, president of NARIP (National Association of Record Industry Professionals), says "I couldn't get through one day without the directories from the Music Business Registry. These publications are the finest in the business."

Each directory tells you how to reach industry professionals by regular mail, e-mail, direct dial telephone and fax. The books provide each person's exact title, street address, the name of their assistant and the styles of music in which each executive specializes. Web sites are also included.

UPDATES? YOU WANT UPDATES?

The world of the A&R executive is exciting but ever-changing. Which is to say, there's a lot of turnover in this part of the industry. So much turnover, in fact, that the A&R Registry is completely updated and reprinted every eight weeks, whereas the publisher volume is biannual and the other books come out yearly.

NEED A PRODUCER? HERE ARE 1,700 OF THEM!

Created in partnership with RPM Direct, the "Record Producer & Recording Engineer Directory" presents 1,700 of today's leading Record Producers, Recording Engineers & Remixers throughout the US, Canada and Europe in every genre of music. Included in the book are:

(1) Complete contact information for every Producer, Remixer & Recording Engineer along with a list of their credits.

(2) Producer/Engineer/Remixer Management Companies including a complete

staff listing as well as full client rosters.

(3) A Complete Index to easily locate any producer.

(4) Several Interviews and articles with today's leading Producers & Engineers.

No wonder you can find the Music Business Registry's publications in the offices of top record company executives, music publishers, artist managers, agents, music attorneys, recording artists, studios and other music business professionals everywhere from Los Angeles to London, New York to Nashville, Chicago to Copenhagen, Toronto to Tokyo, Stockholm to Sydney and Minneapolis to Munich.

YOUR SEARCH BEGINS HERE.

The Music Business Registry is located at 7510 Sunset Blvd #1041, Los Angeles, CA 90046-3400. Phone: 800-377-7411 or 818-995-7458. Fax: 800-228-9411 or 818-995-7459. E-mail: ritch@musicregistry.com.




Scott G (The G-Man) writes and produces radio commercials from G-Man Music & Radical Radio. With albums on Delvian Records, iTunes, Amazon, and many other online stores, he also composes music that is played in clubs, on college radio stations, and on commercials. A member of NARAS (the Grammy organization) and NARIP (National Association of Record Industry Professionals), he writes about music, advertising, marketing, communications, advertainment, and digital distribution for the Immedia Wire Service and MusicDish.com. Samples of his songs and commercials are on his site at: http://www.gmanmusic.com




Tuesday, December 6, 2011

Planning Your Radio PSA - From Production to Packaging - A Producer's Checklist


"The Broadcast Age began about 75 years ago when KDKA, America's first commercial radio station signed on in Pittsburgh, PA.," says Rick Ducey, Senior V.P. for Research at the National Association of Broadcasters. "This created a whole new experience for the audience which began relating to people on radio as trusted friends," he observes.

According to the Radio Advertising Bureau, Americans spend 22 percent of their time listening to the radio, listenening from 14 hours to over 21 hours every week, depending upon their age. Its portability, coupled with its ability to segment listeners by their program tastes, has contributed to its long standing popularity.

There are nearly 13,000 AM and FM radio stations in the U.S., with about two-thirds of the non-duplicating stations (where AM and FM do not use the same programming) regularly using public service announcements. However, before mailing PSAs to stations, there are a variety of details you should consider when preparing your campaign plan. Some of these include:

- Establishing a budget for getting your radio PSA package produced, designed, replicated and mailed.

- Deciding how you intend to produce your PSAs - whether you will hire an independent producer, having them produced by your advertising agency, or producing them internally.

- Selecting an experienced radio PSA distributor. They should present a plan to target stations that reach your primary and secondary target audiences; show samples of packaging that will attract the attention of public service directors; develop a timeline for getting various packaging elements designed, printed and mailed and discuss how they intend to evaluate campaign impact.

Establishing a Budget/Selecting Material Formats

Your radio budget will depend largely upon who your producer is, the talent you use (famous names obviously cost more unless you can get them to do it pro-bono), and whether you use orignial or library music. However, there are a few guidelines you can use to determine how much money you need to allocate for a professionally executed radio PSA campaign.

"Your radio production must be even better and more creative than television, because you don't have visual images, you have to create them with words and sound effects."

"Since radio is not a visual medium, it is important to put a lot of thought into the creative message, " points out Roger Vilsack, an award-winning producer with more than 25 years experience in the medium. "Your radio production must be even better and more creative than television, even though you will spend a lot more on TV production. Because you don't have visual images, you have to create them with words and sound effects," Vilsack says.

While a lift of TV sometimes works, "a good TV spot shouldn't work in radio," Vilsack points out, although upon occasion a TV lift can be used for radio. He also advises to get the very best talent possible for your radio production "because your radio spot is going to depend upon people who don't just read the copy but who can act it out." Vilsack advises selecting talent from the major markets, especially New York, where there is a big pool of trained talent available.

Vilsack recommends budgeting from $4,500-$20,000 for the radio production, depending upon the number of voices, music, and sound effects. Creative fees for direction, script writing and talent selection will cost another $2,500 - $5,000.

Format/Length Flexibility

One of the most frequently asked questions regarding radio PSAs pertains to the lengths that should be produced. As with all PSA material, the more flexibility you can offer the media, the greater chance of getting your PSAs aired. Try to offer at least three different lengths -:15,:30 and:60 and make sure you provide both recorded and live copy for those stations that will only use one or the other message formats. Also think about producing messages for different audiences, i.e. Country & Western, Middle-of-the-Road African-American and Spanish. The more that your radio PSAs match the program format of the station, the better chance they will be used.

The next decision you need to make is the type of radio packaging you want to use to send materials to stations. There is no strong evidence to suggest that one packaging concept performs better than others and it would be very difficult to measure station usage based on package design alone. There are many factors that influence the media's decision to use a particular PSA that have nothing to do with package design, such as time of year, nature of the message, availability of time, and the number of stations to which PSAs were distributed. To a large degree the choice of radio package design is based on internal considerations (maintaining your brand image) and most importantly, your budget.

CDs have become the standard for music and radio programming, but there are a wide variety of different packaging concepts that can make a big difference in the amount you budget for radio distribution. To minimize postal costs, we recommend packages that conform to the Postal Service's automated handling equipment.

The package we typically use is called a FlexMailer. It has a four-color printed cover and measures folded 5x7". Inside, the letter to public service director goes on the left panel (if using a vertical design) and there is a slot on the right panel to hold the CD, the evaluation response card and any other collateral literature. Your distributor should be able to provide design templates for all elements and the specifications for the CD label which are particularly exacting.

There are also some guidelines to follow when producing the CD and packaging which were provided by Bruce Dowdy, who has extensive radio operations experience.

- Send both CD-audio files as well as Enhanced CDs. These include the CD-Audio tracks along with CD-ROM/MP3 files for those stations which would prefer to use this computer-friendly format. That way, it's easy for any station to play your PSAs, and if you don't make it easy, they won't bother.

- When dealing with union talent, get an unlimited usage buyout so no matter when the PSAs air, you are protected. Or, alternatively, put a kill date on all your radio PSA packaging that tells stations when your PSAs should be pulled. By doing that, you have done your due diligence in terms of adhering to union regulations.

- Provide both "as recorded" and live announcer copy to stations. The first will help stations match your PSAs to their audience; the second will be useful if the station does not use recorded PSAs.

- Provide written descriptions of the spots which are helpful when stations quickly scan your materials to determine the best "fit" for the station's demographics. Also include as recorded scripts and live copy for those stations which may not use recorded PSAs.

- When you create MP3 files, try to give them helpful, descriptive file names - such as: OurOrg_5kWalk_Country_30.MP3 Use a sampling frequency of 44.1kHz with a bit rate of at least 128 kb/sec, or stations may find the quality unacceptable. 192 or 390 kb/sec is even better - especially if your message contains music.

Another technique for getting your messages on the air is to provide "donut" messages, where part of the announcement is prerecorded, and part is left open for the local station to customize with their own on-air talent, or insert paid messages from a sponsor.

Tips to Reduce Costs

Since you can place up to an hour's worth of programming on a CD, you should try to use as much of the capacity as possible. Following are some tips to think about:

Put all different types of PSAs on a single CD, even though they are aimed at different audiences. Your distributor can tell you what radio formats are most popular, but generally they include those shown here. You may want to do separate separate PSAs for Spanish and African-American audiences, since they are very distinctly different. If you do Spanish PSAs, it is not necessary to do a separate Spanish package, but make sure you use a translator who speaks mainstream Spanish, and use Spanish titles and photography on your packaging.

Another idea is to put two to five minute audio pieces - often referred to as ANRs (Audio News Releases) on the CD. You are going to pay the same amount of money to produce and distribute the package, so the more value you can create from it, the better it will serve your interests.

You can also distribute PSA materials for another type of media on the CD such as print PSAs. They both are distributed on CDs and all you need to do is put the creative files in separate folders and label them appropriately. This will cut your distribution in half versus doing separate mailings.

If you are really on a tight budget, another way to reduce costs is to consider using a "shared-disk" distribution service. We call ours Radio DiskPAK and by ganging up several different client PSAs on a single disk we can reduce costs by more than half.

Materials To Supply

Irregardless of the packaging concept, there are several different things you need to provide your distributor. First, if you are providing camera ready artwork then you need to provide art for all collateral pieces on a disk with all native files including fonts, art and a printout of the artwork. You should check with your distributor to see what types of art files are acceptable by the vendor doing the packaging and replication. If your distributor is producing the artwork, you will need to provide:

- Copy for letter to public service director on your organization's letterhead

- Logo with color breaks and PMS colors for logo

- Signature of person signing letter in black ink (felt tip pen preferred)

- Copy for live announcer scripts, as recorded scripts, and facts on client issue or organization (preferably a Word document file)

The Distribution Plan

Unlike television, which is a general interest medium, radio programming is aimed at listeners with particular interests, making it easy to segment stations by ethnicity, age, educational level and lifestyle. The list below includes the major radio program formats and the approximate number of stations in each format:

FORMAT COUNTS AUDIENCE

Adult Contemporary 2,205 Teens to 40's

African-American/Urban 458 Afro-American youth

Beautiful Music/Big Band 332 Mid-age to-elderly

Classical 288 Mid-age to-elderly

Country/Western 3,346 All ages/lifestyles/skews rural

Educational 1,238 Youth 18-25

Middle-of-the-road 1,105 All ages/lifestyles

Oldies 784 Mid-age 30-50's

News/Talk 908 Mid-age to-elderly

Religio 974 All ages; Gospel skews Black

Rock/Album Rock 1,208 Youth 18-25

Spanish 567 Hispanic-all ages

Top 40 324 Mid-age 30-50's

The number of stations you should target is influenced by a number of factors, including your target audience, budget, demographic considerations and previous usage practices of the station. Our typical distribution plan is 3,500 stations, but the effective reach of this plan is over 5,000 because there are more than 1,500 stations that are multiple owners, and they only want to get one PSA which they will share with their sister stations. These stations are all previous PSA users and provides coverage across markets and program formats.

Given a limited budget, you must make some hard choices in terms of what stations to target and why. After budget, we believe the next important factor to consider are the stations that regularly use PSAs. We maintain something called the Previous User Index (PUI) for every radio station in our database, which is very useful when targeting subsets of the total radio universe.

Another factor to consider in developing the distribution plan is to include those stations that may be important to your local community partners. Stations, for example, that support local non-profit charity events, those that have done live remotes for a special occasion, or those that have provided news coverage should all be targeted.

Localizing Radio PSAs

There is still one more subject you should address when planning your radio production - whether to localize your PSAs. There are several different ways to localize radio PSAs including:

- Providing live announcer scripts for the on-air personality to read with local phone numbers and contact information

- Providing a "donut" with "holes" for stations to insert localized information recorded by their own personalities or announcers

- Providing stations a fully produced localized version with VO of the local tag already inserted on the CD.

Evaluation

It is vitally important to evaluate the impact of your radio PSA for several reasons:

- It will help your distributor target the stations to receive your next PSA, based on those that used your previous campaign

- It helps your distributor update their data base of radio station PSA decision-makers and station PSA preferences

- It serves as feedback on where your PSAs are getting used (geographically), as well as what types of audiences you are reaching by analyzing the station formats where PSAs were aired

- It helps justify the cost for producing and distributing subsequent campaigns because management will be able to see in specific terms what they received in return for their investment

There are a variety of evaluation techniques that can be employed to provide usage data on radio PSAs, including telephone surveys, analyzing phone calls when toll-free numbers are used in the PSA, and the most commonly used technique, which is the bounce-back card. The BRC is inserted into the package with other materials mailed to stations and should include a postage-paid indicia on the reverse to maximize response rates.

The quality and response that you get will largely be determined by how well the BRC is designed. Open ended questions where stations can provide subjective, or vague feedback, should be avoided, because the evaluator must interpret what stations mean by "TFN" (Till Further Notice), "ROS" (Run of Station) and other meaningless comments.

To obtain fairly accurate and meaningful usage data, we design questions that ask stations to provide very specific data that is necessary to provide meaningful usage reports. The critical pieces of information that are needed include: what spot length was used; how often (number of times per week; and what time frame (number of weeks). To make it easy for stations to complete the BRC, we use a design where stations can simply circle frequency and duration of usage. In addition to usage data, other information that should be on your response card includes spaces for providing the name of public service director, station call letters and format of the station

We often are asked how did our PSA compare to others you handle? To answer the question, we use a benchmark resulting from 43 radio campaigns we distributed over several years. Using benchmark data, the average value for a radio PSA campaigns is $750,000 in free airtime, a solid return on an investment of $40,000 in production and distribution.

Your evaluation reports should provide the standard type of feedback on usage, i.e. name of station, format, number of plays by spot length, estimated dollar value and gross impressions with a user friendly recap of these statistics. If you have local offices, it is also useful to have your evaluation reports sorted by those offices so you can see where your coverage is strongest and weakest.

New Evaluation Methods

To supplement bounce-back cards which everyone admits are not as accurate as electronic tracking, there are a few new monitoring services available that should be used to track your radio PSA exposure. We have successfully tested one called MediaGuide and in our tests, electronic tracking has contributed 40% more exposure than when only bounce-back cards are used. However, since there is no electronic service that can track PSA usage on all U.S. radio stations, it is important to use both monitoring methods but make sure your evaluator's software is programmed to avoid redundant reporting from the two sources.

Reminder Postcards

Our many years of evaluating radio PSA campaigns indicates there is a very substantial amount of radio exposure that occurs for all PSA campaigns that typically goes unreported unless you take some type of follow-up action.

While the vast majority of radio stations to which your PSA is sent will not respond, that does not mean they are non-users. No matter how simple you make it for stations to respond, there will be a fairly consistent number - about 30% - that use, but do not respond to a PSA mailing. To try and capture some of this usage, we often employ reminder postcards. Designed as a two-part postcard, this device typically includes a short note to the public service director, and a response card that is identical to the one sent with the original package. These cards can generate significant increases in reported usage rates and exposure levels as shown in the graph.

To summarize, radio PSAs can be one of the most cost-effective mass communications techniques you can employ to get your message out to both general audiences and discrete populations.

Radio PSAs offer flexibility; they permit you to reach audiences out-of-home; they are comparatively inexpensive; and they provide a good return on investment. However, to maximize your return, like any other mass communications tool, you should establish objectives and develop a thorough plan for your campaign.




Bill Goodwill is CEO of Goodwill Communications, a Virginia-based company that specializes in PSA distribution and evaluation. His firm has distributed more than 200 national radio PSA campaigns.




Monday, December 5, 2011

Asian Generic Medicine Producers


The United States FDA or Food and Drug Administration described a generic drug as "identical, or bioequivalent to a brand name drug in dosage form, safety, strength, route of administration, quality, performance characteristics and intended use." Simply put, generic drugs have the similar pharmacological effects as their brand counterparts counterparts. People who buy generic drugs chose for a cheaper alternative to more commercialized medicines. An sample of a generic medication is metformin, used for diabetes. Its branded variant is Glucophage. There's also metorpolol, the pill for hypertension with Lopressor as the brand medicine.

Generics vs. Branded

Generic drugs are not sold at lower prices because they have lower quality. As a matter of fact, the US FDA requires all generics to work safely and effectively. Since they have similar chemical compositions, generics have the same effects as their brand-name counterpart. Most branded manufacturers are also related to 50% of generic drug production. These manufacturers also offer copies of their patented products in order to sell them for less without the brand name.

Generic meds are sold at significantly cheaper prices because they are no longer protected by patents. Since competition in the generics market increases, the medicine is offered at an affordable price in order to give it some advantage. There are less costs incurred compared to creating the original patent, so the drug manufacturer can maintain profit selling at a low price. Branded drugs on the other hand are offered at higher prices due to the expenses incurred from inventing with the actual drug. New meds introduced in the market have to attain a ROI||return of investment because of the costs incurred through research, development and marketing the product. The patent gives protection to these expenses and gives the developer exclusive rights to sell the product. Patent protection lasts for 20 years which starts from its date of submission. Towards the expiry date, the producers can apply their generic forms to the FDA.

Asian Generics

The increasing number of patent expirations and the people's need for low priced drugs has aggravate the manufacturing of generic medication in Asia. In India, many pharmaceutical companies are responsible for generic forms of in demand drugs. Some foreign firms are even creating generic versions of biotech meds. The Philippines also plays a huge role in the generic medication market, with an expanding share of thirty one percent led by three to four worldwide manufacturers.

Indian pharmaceutical companies play the biggest role in the generic meds market, having sold hundreds of generic medicines to American consumers. In 2008, the FDA said that India's major drug maker Ranbaxy Laboratories submitted fraudulent laboratory test results for generic drugs that were given approval for sale in the US. Even though this is a huge cause for concern, the director of compliance from the FDA, Deborah Autor says that this development is not related to the safety or effectiveness of the drugs from Ranbaxy. Several tests prove that there are no infected Ranbaxy pills. Deputy drug director Dr. Douglas Throckmorton says that "there is no reason for anyone to believe that the drugs in the US from the Ranbaxy plants pose a safety problem."

The course of action taken by the FDA against the company does not harm the quality of imported generic drugs. As a matter of fact, it reveals the high standards that the FDA has for all types of drugs. Generic pills manufactured in Asian countries have the same components and go through similar measures as drugs produced in more developed nations like US or Europe.

Americans who buy medications from India or China does not need to worry as these manufacturers are required to fully specify the drug's chemistry, production steps, and quality control measures. The generic pills or medicines must also meet the terms of the American Pharamacopoeia, the association that sets the standard for drug pureness in the US. The drug manufactured should stay potent until its expiration date and follow the good processes of the FDA. A full description of what the company uses to create, process, test, package, and label the pill is submitted also. The FDA also performs inspections to confirm if the manufacturing facilities are following with their standards.




Learn about impartial experiences regarding Pharmacy Reviews and the Best Online Pharmacies.




Thursday, December 1, 2011

Georgia Department of Insurance Health & Life Insurance Producers - Mouth of the New South


The Georgia Department of Insurance health & life insurance producers have broken a new mold. They have led the Southern rebellion, changing from laid back to aggressive insurance reps to be reckoned with. In the last few years, Georgia insurance marketing has leaped ahead of near and far away states. Not that long ago debit agents in Georgia, like most southern states prevailed. These health and life insurance producers sold very small premium insurance policies on their established routes, where weekly or monthly premiums collections would be picked up from their clients. (Sort of like playing the neighborhood numbers game, before the state lotteries knocked them out of competition?). As these debit agents were employees of the insurance company, when they left, so did their unvested renewals. An old route as simply assigned to a new agent trainee joining the company.

Needless to mention, low income potential, high training costs, agent awareness, and modern banking policies have fairly well decreased debit life insurance company presence to becoming a minimal factor nowadays. When I refer to Georgia insurance producers becoming the "mouth of the south," this reflects on many of these southerners formerly waiting back for the train to come in. Georgia is often a highly underrated state, where misconceptions abound. Georgia residents have an income level slightly below that of the national average. That is typical of all southern states. The noteworthy factor is that the median income of Georgia insurance agent families is $10,000 more than those in Arkansas, and Mississippi. A very positive note effecting Georgia Insurance Agents, Georgia has experienced major population growth. The average state experienced 5.3% population increase between 2000 and 2005. In Georgia, the amount more than doubled the average, becoming a 10.8% increase.

These Georgia insurance agents suddenly had approximately 1,000,000 new potential clients to sell to. Moreover, a lot of these were established families with good incomes moving into the state. In fact, 12.4 % of the households have a $100,000 or higher income. This is not typical of many southern states. This is a great opportunity for Georgia insurance agents to offer annuity and financial products. In addition, as the number of seniors is percentage wise, much lower than most states, health agents should concentrate more on the healthy individual, worksite, and group plans My Georgia advice: Stay OUT of Atlanta.

Georgia is split in two zones, 55% of the licensed agents in the Atlanta Area, Zips 300-303. The other 45% are outside this metropolitan area. On the demand for Georgia agent recruiting, probably four will be for the Atlanta area, 2 for the entire state, and 1 for areas outside Atlanta. That would mean that Atlanta area agents receive 85% of insurance recruiting solicitations. 42% of the mail would be sent to rural agents. In addition, Atlanta agents are bombarded with almost daily solicitations by fax, email, or telemarketing.

Two recruiting tips. One: Atlanta area brokers, and Georgia rural agents, broker almost the same amount of business, with roughly the same number of total insurance carriers. Two: A rural Georgia agent is twice as likely to stay loyal to you, that the Atlanta city slicker. Our database indicates this very distinctly. We examine the frequency a Georgia insurance agent signs with another insurance company. Make your move to reward yourself with a sweet piece of the Georgia pie, rural style. Some Statistics. The state population in 2005 increased almost 11% upward since 2000 to over 9,000,000. The number of agents to thousand residents is a respectable, not overcrowded 3.6 agents. A strong median family income along with a strong percentage of high school graduates illustrates a strong economic base.




Well published author, Don Yerke likes to concentrate on what you don't know or what no one else dares to print. Tell it like it is.

Watch for his new paperback book debuting on Amazon early this summer. It is loaded with great insurance marketing and recruiting information.

Come and get your FREE "Think and Grow Rich" Ebook by Napoleon Hill instantly. The website address is [http://www.agentsinsurancemarketing.com]