Comprehensive Music Company – Video

By mmuise
Description:

Video component funding is intended to pay for the cost of producing high-quality music videos and visual content that supports sound recordings by Canadian artists, such as hiring a producer, videographer, video editor, production personnel and talent, rental equipment and facilities, and post-production.
All Comprehensive Music Company Sound Recording component applications must include the creation or licensing of a new, previously unreleased qualifying album.


Comments on Funding:

Funding under this component is at up to 75% of total eligible budget of the Comprehensive Music Company application.


Comprehensive Music Company funding is divided into two phases.
In Phase 1, the maximum available funding is $82,500 per project.
In Phase 2, you may receive an additional $40,000 per project, provided that the funded sound recording has met the qualifying threshold* for the genre. Note that Phase 2 funding must be applied for within the later of two years from the original submission date or six months after the commercial release of the sound recording. Phase 2 funding is only available if the fiscal year maximum has not already been met.

The funding limits for the Video component are:
- $40,000 per FACTOR fiscal year, across all programs for Artist 3;
- $20,000 per FACTOR fiscal year, across all programs for Artist 2 and General. General artists are not eligible for the Video program; however, the Video component is available to General artists through all full-length sound recording and marketing programs.
FACTOR funding under the Video component for all programs is up to 75% of the total eligible budget.

Recipient Accessibility Support Fund: FACTOR grant recipients are eligible for top-up support to their project funding of up to $5,000 each fiscal year, not to exceed $5,000 per project for costs related to accessibility. Eligible costs claimed under this fund will be reimbursed at 100%.

Deadline: -
Eligibility:
  • Record Labels rated
  • Record Label 2 and 3 that have received a program specific eligibility assessment by FACTOR resulting in a CMC rating.
  • The artist must be Canadian.
  • The artist must not be signed under an exclusive artist recording agreement to a non-Canadian label for Canada, nor may the sound recording for the proposed video be directly licensed to a non-Canadian label for Canada.
  • Only the party that controls the Canadian commercial release rights and exclusive Canadian exploitation rights to the sound recording at the time of application may apply. This means the Canadian record label that has already signed the artist, or has already licensed the sound recording, or has an option to license the sound recording. If the artist owns the underlying copyright in the masters but has licensed the sound recording to a record label, the label must be the Applicant.
Application Steps:

Applicants must:

1. create a user profile on the FACTOR application platform;

2. create an applicant profile (of the individual, partnership, or corporation that will enter into a general agreement with FACTOR if funding is offered);

3. create an artist profile (an artist profile provides FACTOR with a snapshot of the artist’s music career thus far. This helps FACTOR determine artist profile ratings and program eligibility);

5. create a project and choose the project components;

6. fill and validate the application.

Documentation Needed:

Applicants must:
1. submit online a budget and/or complete project details each time the applicant requests funding for a component of its project, including a description of the goals, expected results, and timelines for completing each component and the project as a whole .
2. submit a production plan and video treatment that outlines the creative direction of the video content, including notes on script, action, “look and feel”, and so on, where applicable.
3. compile and organize all invoices, receipts and proofs of payment; then enter the amounts being claimed into the FACTOR Cost Report, which can be downloaded from the Budget page of the Completion. Applicants must upload the Cost Report and all related expense documentation, then complete and submit all other sections of the Completion (including Budget, Results, Component Information and Public Funding).
4. submit (In addition to the program Completion requirements) to complete the Video component:
a) a permanent link to streaming copy of the video(s) (e.g. YouTube, Vimeo, artist’s website): and
b) a Supplier’s Declaration and Undertaking signed by each video producer.

Other Things to Note:

This program is no longer accessible.
Program guidelines for 2022-2023 were published in April 2022.

About the author
mmuise