Axanar Productions Financials
Now that the lawsuit is behind us and we’re preparing to make way with a new
mission for Axanar Productions, it’s important we take a moment to thank you for
your continued support and give you a glimpse of everything we’ve been able to
do with your trust and your donations.
Attached you’ll find a financial disclosure that breaks down how donor dollars
were spent to get us this far. Donor funds provided nearly 85% of the money we
needed to deliver PRELUDE TO AXANAR, build out the Industry Studios
Soundstage and bring us to within weeks of shooting the first 30-40% of the
AXANAR feature film. The lawsuit with CBS and Paramount set us back by
nearly a year and cost us dearly in both cash and opportunity, but thanks to your
support and encouragement, we’ve persevered and are now proceeding with
AXANAR as a trans-media project that will include two, fifteen-minute fan films as
well as other productions that will help us tell the entire story of Garth, Kharn and
the Battle of Axanar in a new and exciting way.
Also attached is a letter from our Independent Financial Review Committee - a
group of Axanar Productions Donors (like you) who have experience in the film
production and entertainment business - who were tasked with the responsibility
of reviewing every single expense for the past 3 years to make sure they were
appropriate business expenses. Their evaluation, as detailed in the letter, is that
our finances for retrofitting the Industry Studios space, shooting PRELUDE and
the Vulcan scene, pre-producing AXANAR, fulfilling our donor obligations and
promoting our productions were all within acceptable margins for the industry
Please note that while the total expenses for the past 3 years totaled nearly $1.7
million, donations covered $1.4 million. The difference was covered personally
by me and through other funding sources who provided their support and have
requested (and in one case required) anonymity as a condition of that support.
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