One. Purpose of the competition and sponsoring companies

The WIP Latam Industry Award aims to help complete a Latin American feature film from among those included in the WIP Latam selection at the San Sebastian Festival.

The Industry Award is open to 100% Latin American productions or co-productions, provided that third contries participation is no higher than 49% of the total film production and that they accept the conditions stipulated in point 4 of these rules.

Thus, the film winning the award will receive the different post-production detailed below and provided by the sponsoring companies: Best Digital, Deluxe Spain, Dolby Iberia, Laserfilm, S.L., Nephilim producciones S.L., No Problem Sonido and Sherlock Films.

Two. Participation requirements and conditions

Simply by presenting candidate projects to the WIP Latam Industry Award implies unlimited and unrestricted acceptance of these rules by the participating production companies.

Three. Film selection process and presenting the award

A Jury consisting of representatives from each of the companies sponsoring this section (as mentioned above) will select the winning film after having viewed the works that require the services they offer and examining their situation.

The decisions taken by the Jury will be final.

The winning film will be announced at the San Sebastian Festival.

Four. Co-production contract and participation quota

On behalf of the (aforementioned) sponsoring companies, NEPHILIM PRODUCCIONES, S.L. will sign a financial co-production contract with the winning production company in order that the winning film may obtain Spanish nationality for the purposes of improved commercialisation in Spain. This contract, whose text will be worded by NEPHILIM PRODUCCIONES, S.L., will be signed within a maximum of three months from the moment the Award is accepted by the winning production company and, in any case, before the post-production work begins.

Under the said contract, NEPHILIM PRODUCCIONES, S.L. will become the audiovisual co-producer of the film and will therefore hold full rights to it. NEPHILIM PRODUCCIONES, S.L. will also obtain 100% of the exclusive film rights in Spain and non-exclusive film rights in Andorra.

Commercialisation of the film in Spain and Andorra will be decided and carried out by NEPHILIM PRODUCCIONES, S.L.

The winning production company shall guarantee that it owns the licensing rights to the film and that it is authorised to sign this co-production contract with NEPHILIM PRODUCCIONES, S.L. in the above terms. In the event that this guarantee fails to materialise, the production company will be held responsible for compensation to NEPHILIM PRODUCCIONES, S.L.

Five. Obligations of the winning production company

• Provide all the material required to carry out the post-production work included in the award, no later than 5th December of the year that the award is granted.
  
  The materials to be sent by the winning production company are:
  - EDL.
  - Quicktime reference for the montage reels.
  - OMF/AAF for the reels and all uncut camera and sound footage.
  
  In the event that the production company has previously made the sound mix of the film in another studio/company not participating in the Award, the production company will be obliged to supply the pre-mixing materials necessary to achieve a final Dolby Atmos mix, according to the requirements and standards of the Award established in these rules.
   
• Include in all opening credits for the film that it is the winner of the “WIP Latam Industry Award", including the WIP Latam logo and the logos of all the sponsoring companies. Mention must also be made of the Award in all material to promote and advertise the film (poster, website, etc.);
• Allow the sponsoring companies to use the title of the film and the film itself, directly and indirectly, as promotional and advertising material for their own activities;
• Delivery to NEPHILIM PRODUCCIONES of the poster in layers, the press kit in Spanish, photographs of the film, the trailer, list of original dialogues and a link to the film as soon as it is ready for viewing, at the very most one month before the start of the following edition of the San Sebastian Festival and a certificate of nationality of the film issued by an official body of the country of origin. The production company undertakes to send the final design of the poster to NEPHILIM PRODUCCIONES in order that it may supervise the correct position of the logos of the companies sponsoring WIP Latam.

Six. Obligations of the companies sponsoring the Award

The companies sponsoring the award shall carry out the post-production tasks that are their responsibility in accordance with the following description, no later than 31st July of the year after the one in which the award is presented. This work shall always be carried out following a work schedule that the companies themselves have designed and which the company producing the film must accept. The companies will contribute:

BEST DIGITAL will provide:
Sound mixing of the winning film, facilitating the following:
- Dolby Atmos pre-mixing and mixing studios and print master, up to 80 hours.

Materials to be delivered:
- Atmos Mix mxf files to 24 FPS, by reels.
- 5.1 mixing and LT RT to 24 FPS, by reels.
- 5.1 mixing and LT RT to 25 FPS, continuous.

DELUXE SPAIN is responsible for:
- Creating an EDL in high definition, completed and provided by the customer.
- Providing digital effects, up to a maximum of 80 hours.
- Graphic works (opening and closing title sequences), up to a maximum of 40 hours.
- Up to 80 hours of colour correction.
- Obtaining the DCP master (Digital Cinema Package), in original version with English subtitles.
- Master UHD (OV).

The hours offered for work on digital effects, graphic design and colour cannot be exchanged between these tasks. Non-use of any of the disciplines does not mean that the hours not carried out can be accumulated in favour of the award-winning production company.

In the event that the Deliveries for international sales are awarded to Deluxe Spain as a result of intermediation by the production company winning the WIP Latam Industry Award, it will pay 3% of the total invoice for the contract in question. This payment will not be made in the event that the distributor has a prior agreement with Deluxe Spain for carrying out said work.

DOLBY IBERIA, S.L. will provide the services to create the printmaster in Dolby Atmos format.

LASERFILM will provide translation, adaptation and location of the English subtitles and Spanish (when needed) of the film, including a day of simulation with the native translator. It will also add the subtitles to the DCP.

NEPHILIM PRODUCCIONES S.L. will coordinate the post-production work and licensing of the film in Spain and Andorra as envisaged in these rules and in the co-production contract.

NO PROBLEM SONIDO S.L. will produce the sound design and editing (not including recording of the dubbing or foleys).

SHERLOCK FILMS will guarantee release of the winning film in Spanish cinemas, with a minimum of 2 copies, and the corresponding advertising. The total advertising cost will be decided by Sherlock Films according to the film’s potential. Sherlock Films will decide the extent of the marketing campaign and the presence of the winning film at other national festivals. In addition, Sherlock Films can edit the title, the poster image and the trailer to suit the Spanish market, always with the producers’ approval.

APPLICABLE CONDITIONS TO ANY POST-PRODUCTION WORK

Any additional work to those indicated by each company awarding the Prize, will be assumed by the awarded production company, and requested to the corresponding company.

The non-utilisation by the production company of any of the hours, work, disciplines or services that each company contributes to the Industry Award, as expressed in these terms and conditions, are not interchangeable with each other, or with other work or services not detailed in the terms and conditions.