![[assets/mediahedge-banner.jpg|1000]] # Welcome to the MediaHedge Knowledgebase MediaHedge works at the intersection of creative production and disciplined credit. This knowledgebase explains how the company evaluates film and television financing, protects capital throughout a production, and works with financing partners over the life of an investment. You do not need to be a film-finance specialist. Start with the question you care about and follow the links as far as you would like to go. ![[assets/diagrams/credit-journey.svg|Conceptual diagram of the MediaHedge credit journey from financeability through portfolio reporting]] *Conceptual view: each stage produces evidence and a decision, while current policy and transaction documents control any specific financing.* ## Start Here - **New to MediaHedge?** Read [[wiki/entities/mediahedge|Who MediaHedge is]] and [[wiki/overview|How the lending model works]]. - **Evaluating an investment?** Follow the [[wiki/syntheses/financier-diligence-route|Financier's Guide]]. - **Mapping the market?** Compare participants in the [[wiki/syntheses/media-finance-lending-landscape|Media Finance Lending Landscape]]. - **Looking for a term?** Open the [[wiki/glossary|Plain-English Glossary]]. ## Questions a Financing Partner May Ask | Question | Where to begin | | --- | --- | | Can the production reach completion and delivery? | [[wiki/concepts/full-financing\|Full Financing]] | | Which market participant provides capital or bears each risk? | [[wiki/syntheses/media-finance-lending-landscape\|Media Finance Lending Landscape]] | | What is expected to repay the loan? | [[wiki/syntheses/repayment-and-risk-map\|Repayment and Risk Map]] | | How do contracted pre-sales differ from unsold-rights value? | [[wiki/concepts/pre-sales-collateral\|Pre-Sales Collateral]] and [[wiki/concepts/gap-collateral\|Gap Collateral]] | | How is the loan amount determined? | [[wiki/concepts/loan-sizing\|Loan Sizing]] | | How are production incentives evaluated? | [[wiki/concepts/tax-credit-collateral\|Tax-Credit Collateral]] | | How are the assets and incoming cash protected? | [[wiki/concepts/security-package\|Security Package]] and [[wiki/concepts/cash-control-and-waterfalls\|Cash Control]] | | Which instrument protects completion, casualty or payment risk? | [[wiki/concepts/completion-protection\|Completion Protection]], [[wiki/concepts/production-insurance\|Production Insurance]] and [[wiki/concepts/surety-credit-protection\|Surety and Credit Protection]] | | How is a loan managed after closing? | [[wiki/concepts/monitoring-and-servicing\|Monitoring and Servicing]] | | What happens when a project runs into trouble? | [[wiki/concepts/defaults-workouts-and-recoveries\|Defaults, Workouts and Recoveries]] | | How are investor rights and decisions governed? | [[wiki/concepts/forward-flow-governance\|Financing-Partner Governance]] | | How are concentration and return evaluated? | [[wiki/concepts/portfolio-construction\|Portfolio Construction]] and [[wiki/concepts/financier-return-economics\|Return Economics]] | ## Follow the Financing Journey The [[wiki/syntheses/credit-lifecycle|Film-Finance Credit Lifecycle]] follows a loan from the first screen through underwriting, closing, servicing, recovery and portfolio reporting. For a quicker comparison of repayment sources, open the [[wiki/syntheses/repayment-and-risk-map|Repayment and Risk Map]]. For the source-stated limits and major decision gates, use the [[wiki/syntheses/policy-rails-and-control-matrix|Policy and Control Guide]]. ## Explore the Model ### Understand the Market - [[wiki/syntheses/media-finance-lending-landscape|Media Finance Lending Landscape]] — how banks, specialty lenders, private credit, insurers and completion guarantors differ. ### Build a Financeable Loan - [[wiki/concepts/full-financing|Full Financing]] — why all costs and timing must work through delivery. - [[wiki/concepts/loan-sizing|Loan Sizing]] — how eligible value and the tightest limit determine exposure. - [[wiki/concepts/pre-sales-collateral|Pre-Sales Collateral]] — how an executed minimum guarantee becomes an eligible net receivable. - [[wiki/concepts/gap-collateral|Gap Collateral]] — how unsold-rights value receives limited, market-dependent credit. - [[wiki/concepts/tax-credit-collateral|Tax-Credit Collateral]] — how production incentives become potential repayment value. ### Protect the Capital - [[wiki/concepts/protection-stack|Protection Stack]] — how different safeguards address different risks. - [[wiki/concepts/completion-protection|Completion Protection]] — how a guarantor may preserve the path to delivery. - [[wiki/concepts/surety-credit-protection|Surety and Credit Protection]] — how a specifically bonded obligation may receive targeted support. - [[wiki/concepts/security-package|Security Package]] — how rights to assets and proceeds are established. - [[wiki/concepts/cash-control-and-waterfalls|Cash Control and Waterfalls]] — how collections reach the right accounts in the right order. - [[wiki/concepts/production-insurance|Production Insurance]] — what coverage contributes and where its limits begin. ### Manage Change and Downside - [[wiki/concepts/monitoring-and-servicing|Monitoring and Servicing]] — how changing facts become timely decisions. - [[wiki/concepts/defaults-workouts-and-recoveries|Defaults, Workouts and Recoveries]] — how options and value are preserved during stress. ### Build a Durable Financing Partnership - [[wiki/concepts/forward-flow-governance|Financing-Partner Governance]] — how authority, ownership and servicing responsibilities are divided. - [[wiki/concepts/portfolio-construction|Portfolio Construction]] — how shared risks and liquidity are managed across investments. - [[wiki/concepts/financier-return-economics|Return Economics]] — how actual cash timing, costs and losses affect realized performance. ## Understand the Boundaries Read [[wiki/evidence-and-limitations|Evidence and Limitations]] for a clear explanation of what this knowledgebase establishes, what remains subject to current policy or transaction documents, and what a financing partner should verify independently. This knowledgebase is educational. Current approved policy, executed transaction documents and qualified legal, tax, insurance and program advice control any specific financing decision.