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-   -   Re-use existing business or start new one? (https://www.dvinfo.net/forum/taking-care-business/50753-re-use-existing-business-start-new-one.html)

Steve Williamson September 8th, 2005 04:08 PM

Re-use existing business or start new one?
 
What's the best way to go about the business side of the production of a feature film ... to use a business that already exists (i.e. my production company) or create a new LLC or S-Corp specifically for that particular production, with the assumption the business will go away once the production is over? (I know the Rolling Stones form a new C-Corp for every tour, that then gets disolved once it's over).

Rob Lohman September 9th, 2005 01:06 AM

I don't know anything about this, but why go through the hassle? Most people
here have on production company that does all the work, I think.

Richard Alvarez September 9th, 2005 06:07 AM

If you are going to get investors, then form a seperate LLC. You don't want people owning a piece of your ProCo.

Don Donatello September 9th, 2005 04:49 PM

separate company for the feature .. depending on how many investors you have NOW and how many you plan will determine if you go LLC or S Corp ..


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