{"id":1793,"date":"2021-11-24T06:15:49","date_gmt":"2021-11-24T06:15:49","guid":{"rendered":"https:\/\/dionysoscorp.com\/?p=1793"},"modified":"2024-10-26T18:19:22","modified_gmt":"2024-10-26T18:19:22","slug":"participation-ownership-principle","status":"publish","type":"post","link":"https:\/\/prorataproduction.com\/fr\/information\/participation-ownership-principle\/","title":{"rendered":"Participation & Ownership Principle"},"content":{"rendered":"
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Participation & Ownership Principle<\/h3>

At Pro Rata Production<\/strong>, we believe that everyone who contributes to a creative project deserves not only fair remuneration but also a stake in the project\u2019s success. Our Ownership Principle<\/strong> ensures that every participant becomes a co-owner of the final work, whether it\u2019s a film, music album, stage production, or any other creative output. This approach aligns with our mission to foster collaboration and equity in the entertainment industry.<\/p>

How the Participation & Ownership Principle Works:<\/h4>

  1. Budget Allocation as the Basis of Ownership<\/strong><\/p>

    • Each project starts with a detailed budget that outlines the total costs, including time contributions (e.g., labor hours), financial investments, and equipment or resources provided.<\/li>
    • Every participant’s contribution is accounted for, whether it\u2019s unpaid work, financial investment, or the provision of equipment and other resources.<\/li><\/ul><\/li>

    • Establishing Ownership Percentages<\/strong><\/p>

      • Ownership shares are determined proportionally, based on each participant’s contribution to the project budget.<\/li>
      • For time contributions (unpaid work), ownership is calculated based on the number of hours worked, recorded and confirmed each day.<\/li>
      • For cash and equipment investments, a special coefficient of 2x<\/strong> is applied. This means that any direct financial investment or equipment provided will count twice toward the ownership calculation, reflecting its crucial impact on making the project possible.<\/li><\/ul>
        Example of Ownership Distribution:<\/h5>

        Imagine a project with a total budget of $100,000, divided as follows:<\/p>

        • Unpaid Labor:<\/strong> $60,000 (e.g., actors, technicians, writers)<\/li>
        • Cash Investments:<\/strong> $20,000<\/li>
        • Equipment Provision:<\/strong> $10,000<\/li>
        • Miscellaneous Costs:<\/strong> $10,000<\/li><\/ul>

          When determining ownership:<\/p>

          • The $20,000 cash investment is doubled to $40,000.<\/li>
          • The $10,000 worth of equipment provided is doubled to $20,000.<\/li>
          • This brings the adjusted total budget to $130,000.<\/li><\/ul>

            Ownership percentages would then be:<\/p>

            • Unpaid labor: $60,000 \/ $130,000 = 46.15%<\/li>
            • Cash investments: $40,000 \/ $130,000 = 30.77%<\/li>
            • Equipment provision: $20,000 \/ $130,000 = 15.38%<\/li>
            • Miscellaneous contributors: 7.69%<\/li><\/ul><\/li>

            • Ongoing Ownership Rights<\/strong><\/p>

              • Ownership of the final work is not limited to an initial phase. As a co-owner, each participant retains rights to future revenues, royalties, licensing deals, and any additional value generated by the project over time.<\/li>
              • Ownership also extends to creative decisions, allowing contributors to have a voice in how the work is marketed, distributed, and adapted in the future.<\/li><\/ul><\/li>

              • Why the 2x Coefficient for Cash and Equipment?<\/strong><\/p>

                • Direct financial support and equipment provision are critical to the success and production quality of a project. By applying a 2x coefficient to these contributions, we recognize the higher risk and resource allocation involved in making a project viable.<\/li><\/ul><\/li><\/ol>

                  Benefits of the Participation & Ownership Principle<\/h4>
                  • Empowerment:<\/strong> Contributors gain not just remuneration but also equity, making them true stakeholders in the project\u2019s success.<\/li>
                  • Collaboration:<\/strong> This model encourages teamwork and shared responsibility, as everyone has a vested interest in the project\u2019s performance and longevity.<\/li>
                  • Sustainability:<\/strong> By creating a system where participants own a share of the work, we aim to foster sustainable careers and ensure long-term value for all involved.<\/li><\/ul>

                    The Participation & Ownership Principle is fundamental to Pro Rata Production\u2019s commitment to equitable, transparent, and empowering practices in the creative industry. We believe that when everyone owns a piece of the project, everyone is driven to make it the best it can be.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"

                    At Pro Rata Production, we believe that everyone who contributes to a creative project deserves not only fair remuneration but also a stake in the project\u2019s success.<\/p>","protected":false},"author":1,"featured_media":2511,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"wds_primary_category":29,"footnotes":""},"categories":[29],"tags":[],"class_list":["post-1793","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-information"],"_links":{"self":[{"href":"https:\/\/prorataproduction.com\/fr\/wp-json\/wp\/v2\/posts\/1793","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prorataproduction.com\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prorataproduction.com\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prorataproduction.com\/fr\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/prorataproduction.com\/fr\/wp-json\/wp\/v2\/comments?post=1793"}],"version-history":[{"count":0,"href":"https:\/\/prorataproduction.com\/fr\/wp-json\/wp\/v2\/posts\/1793\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/prorataproduction.com\/fr\/wp-json\/wp\/v2\/media\/2511"}],"wp:attachment":[{"href":"https:\/\/prorataproduction.com\/fr\/wp-json\/wp\/v2\/media?parent=1793"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prorataproduction.com\/fr\/wp-json\/wp\/v2\/categories?post=1793"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prorataproduction.com\/fr\/wp-json\/wp\/v2\/tags?post=1793"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}