WPME project to move into physical infrastructure and put intellectual properties into play.
Media production hub for independent producers.
This proposal outlines two potential plans to achieve this goal, leveraging the current economic conditions and offering a cost-effective alternative or complement to Hollywood.
Additionally, this investment is located in an Opportunity Zone, offering certain tax advantages for investors.
Mission
Our mission is to establish a state-of-the-art media production hub that provides independent producers with affordable access to professional-grade facilities and equipment, thereby fostering creativity and supporting the growth of the media industry.
What We Will Do
Physical location in a cost effective location:
Modernize the building to include cutting-edge production facilities. Option to add locations overseas such as Philippines. The current location is a 7000 square foot building in an 'Arts District' in a suburb of St Louis.
Generate Revenue: Lease space and equipment to independent producers, offer membership fees for facility access.
Impact the Community: Create jobs and attract media talent, revitalizing the local economy.
Project Management and Back Office Support: Provide support for hundreds of projects and sub-projects, as well as a level of media editing in the USA working with an overseas location for 24-hour per day capacity.
Financial Overview
Initial Costs: $116,000 (taxes and renovations)
Projected Annual Revenue: $150,000
Projected Annual Expenses: $80,000
Net Annual Profit: $70,000
Partner Benefits
Equity Stake: Partners receive equity proportionate to their investment.
Strategic Input: Opportunity to guide and support MediaMint's growth.
Community Impact: Contribution to local economic development.
Tax Advantages: Benefit from Opportunity Zone tax incentives, which may include deferral of capital gains taxes and potential reductions in tax liability on long-term investments.