WHY WE PARTNERED WITH ABS PAYROLL
Choosing ABS means you’re guaranteed to be working with an experienced and knowledgeable production payroll team, but what truly sets us apart is our dedication to our clients and reliable customer service from start to finish. At ABS, you won’t get lost in the shuffle—returning clients cite their payroll contact’s quick response times and eagerness to assist among the reasons they continue to come back for each new project.
Founded in 1985, ABS has been the “Independent Filmmaker’s Choice” ® for over 30 years.
ABS is an employer-of-record payroll company, which means we handle the employer’s payroll obligations for everyone we pay out. This includes:
-Compliance with wage/hour laws and regulations
-Tax withholdings in all States
-Employee and employer tax filings and reporting
-Worker’s Compensation Insurance coverage and claim management
-Unemployment claim processing
-Pension, health and welfare plan contributions and reporting
As an entertainment payroll company, we know the unique challenges that production teams face. From tight timetables to compliance with the various industry unions, every payroll contact at ABS is a seasoned professional who understands your production payroll needs.
ABS handles all kinds of entertainment payroll including: film, television, new media, commercials, voice-over, stage work and theatre, music videos, production company staff, still photography, and more. If you’re still not sure, give us a call: (818) 848-9200
Yes, ABS staff members are knowledgeable with all the major unions and union agreements, including SAG-AFTRA, DGA, WGA, and IATSE—but we can take on your non-union production payroll as well.
No; no project is too small at ABS.
ABS provides worker’s compensation insurance coverage on anyone we pay out, and we can issue proof of insurance once setup is finalized—but we cannot sell standalone insurance policies of any kind.
ABS can process payroll in all 50 States, with a local address for film tax incentives in Georgia, Louisiana, and New York.
Effective Date: June 2, 2021
The "Filmmaker Process" section of this Website is maintained and operated by Buffalo 8 Productions, LLC and IFH Industries, Inc. (collectively “Filmmaker Process”). Filmmaker Process’s business includes providing consulting services to clients on strategic business matters. Filmmaker Process is not a registered broker/dealer or an Investment Advisor. Filmmaker Process does not offer or participate in offers of securities for sale or provide investment advice to others. Nothing on this Website is intended to constitute (i) an offer to sell or buy, or a solicitation of an offer to sell or buy securities from Filmmaker Process; (ii) investment advice or an offer to provide such advice; or (iii) a basis for making any investment decision.
Filmmaker Process provides a wide range of services to media and entertainment companies, production entities, investment banks, private equity funds, venture capital investors and other clients based on the following terms:
Advice to Media and Entertainment companies, Private Equity, Venture Capital and Strategic Investors
Filmmaker Process provides consulting services to clients on either a retainer or project basis. These include identifying potential investment opportunities, evaluation of transactions being contemplated by clients, development of strategic plans for companies and evaluation of media project market commercialization strategies and opportunities. These services are provided by contract directly to clients and do not place Filmmaker Process in the role of a Broker/Dealer.
Financial Transaction Advice
Filmmaker Process is not a registered Broker/Dealer and does not act as an agent for buyers or sellers of businesses. This is consistent with the Securities and Exchange Act of 1934 which directs that brokers and dealers in securities register with the Securities and Exchange Commission (the “SEC”) and become members of the Financial Industry Regulatory Authority (“FINRA”). The SEC considers the term “broker” to generally include persons providing advice regarding financial transactions who accept “transaction-based” compensation. Transaction-based compensation is defined as any commission or finder’s fee which is dependent or based upon the execution of a transaction. More broadly, advisers on buying or selling companies are subject to SEC regulation because transaction advice generally involves the transfer of securities – typically, equity interests in the company being bought or sold.
Securities Services Provided by an Investment Bank
If potential clients require assistance in executing a transaction involving the purchase or sale of securities, as opposed to the sale of assets or negotiation of licensing arrangements, Filmmaker Process typically introduces them to an investment bank. Clients enter into a contract with such investment bank to receive the requested services. Filmmaker Process cannot receive transaction-based fees.
Conflicts of Interest
Despite the fact that most Filmmaker Process clients operate in one or more parts of the media and entertainment industry, conflict of interest issues between Filmmaker Process clients have been very rare. In part, this is because Filmmaker Process works with clients who have different investment objectives or have different roles in the media and entertainment industry. The following principles have proven over time to minimize conflict concerns on behalf of clients:
- Transactions Between Clients – In situations where one Filmmaker Process client is acting as a broker and another as either a buyer or seller, Filmmaker Process makes clear at the very beginning which side it will work on. Confidential information which becomes known to Filmmaker Process is not provided to the counter party.
- Cross Consulting – In situations where Filmmaker Process introduces a service provider to a retainer client – an advertising agency, for example – Filmmaker Process does not accept referral fees from the service provider. Said another way, Filmmaker Process typically receives fees from one party or the other in a client situation, but not both.
- Idea Introductions – Proprietary ideas developed by Filmmaker Process are presented to only one client at a time; the one judged most appropriate for the size and shape of investment based on their expressed interests. Only if they are formally declined are they considered for other clients.
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Certain matters discussed in this presentation are “forward-looking statements.” These forward-looking statements can often but not always be identified because the context of the statement will include words such as “the Company expects,” “anticipates” or words of similar import. Similarly, statements that describe the Company’s capabilities, future plans, objectives or goals are also forward-looking statements. Such forward-looking statements are subject to significant risks and uncertainties, including the financial performance of the Company and the viability of its technology. These risks could cause actual results to differ materially from those current anticipated.
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