What
is Hollywood Parts?
We
are an asset management LLC specifically designed for the
entertainment industry; simply put, we identify, track, barcode,
transport and store all assets purchased or created in the
making of entertainment product of all types. We allow productions
to better manage their assets and storage and get a larger
return for their asset dollar by providing client rental
as well as public web sales site. See our About section for
a description of our services and advantages.
What
is an asset?
An
asset is anything purchased or created for use in the making
of an entertainment product.
Who
will pay for all this asset recovery, photos and bar-coding?
The
object of Hollywood Parts is to give executives and producers
up to the minute information on their asset location, status
and storage costs thus allowing them to make better decisions
regarding asset management. Well managed assets as well as
timely decision making will allow productions and studios
to save money by reducing loss, cutting storage costs and
wrap times. Hollywood Parts retail web site will allow productions
to receive a larger return on sales while rentals would provide
a continuing return. All of these strategies combined will
easily pay for any added costs to properly identify, track,
store and transport assets.
What
is a “Hero” Asset and why does it cost more?
A
hero asset is anything seen noticeably on screen. Wardrobe,
hand props and items seen repeatedly in a scene or worn or
touched by an actor can be a Hero. This is why they are more
expensive.
How
much does it cost to store at Hollywood Parts?
Hollywood
Parts has competitive rates with most storage venues. With
Hollywood Parts exclusive software, however your storage costs
may be zero because you can rent your items out to other companies
and receive income! An example is you store a chair with Hollywood
Parts that is valued at $500. It costs $4.00 a month to store
and rents for one week at $75. You receive 60% of this amount
or $45 and Hollywood Parts gets $30. This pays for an entire
years’ storage. Rent it two weeks or more out of the
year and the profit begins.
Can
I list my house or office on Hollywood Parts for use in
a movie or TV show?
Yes,
there is a yearly fee for the listing. We do not take a
percentage or negotiate any contracts. We will however appraise
the usual fee for you so you are confident going into a
deal that is negotiated between you and the location manager.
How
do I know I’m getting a good deal from Hollywood Parts?
Most
of our assets for sale are used for only a couple of months
if at all! Most of our pricing is based on a simple scale,
50% of the original price with some a slow as 15%.
If
I store and list my item for sale on Hollywood Parts, what
cut does Hollywood Parts take?
We
do 60/40 split. 60% goes to the owner, 40% goes to Hollywood
Parts.
What
if I can’t store my item at Hollywood Parts, can I
still list on the website?
Yes,
items too big to move or store will be decided on a case
by case basis. E.g. large boats, trains, airplanes, however
the split is then 40-60, 40% for the owner and 60% for Hollywood
Parts.
Can
I advertise on Hollywood Parts?
Yes,
contact our advertisement department for available web advertising.
What
services does Hollywood Parts provide?
All
services to help identify, track, barcode, pack, move, store
and sell entertainment assets. See our about section for
a specific list of services.
How
do I secure my production assets?
Hollywood
Parts provides an uploader to transfer asset information
directly from your accounting database of purchases (normally
Entertainment Partners). Hollywood Parts will then send
our Asset Coordinator out to locate and provide barcode
or other identifying means to each department head or studio
assigned asset manager to identify (most expensive assets
first) and barcode each asset over an amount determined
by the production. At this time or at a time least disruptive
to the production, Hollywood Parts will photograph and scan
the assets. This can occur upon wrap or during production
as determined by production and Hollywood Parts. At this
point assets are being tracked by Hollywood Parts and will
be almost immediately available for viewing and managing
on line.
What
is a DDM?
A
DDM is a “Designated Decision Maker.” Each client
(Production Company, studio, LLC) will designate a DDM to
make the asset management decisions.
Can
I simply turn over all assets to Hollywood Parts at wrap
and let them sort it out?
Yes,
you can save wrap costs this way; however some security
may be compromised, the decision is up to the client. Either
way, Hollywood Parts can save wrap costs by allowing shorter
wrap periods for higher paid employees.
Will
your asset coordinator interrupt our production?
Certainly
not! Hollywood Parts is sensitive to the nature of production
politics; however, if asset security is a priority, it is
best to have our Asset Coordinator visible during the production.
Can
assets still be gifted or sold to crew members?
Hollywood
Parts mission is to prevent loss and provide better asset
management and return to value. Hollywood Parts will aid
in loss prevention and any gifting or sales will be well
documented and approved before any action. Any action like
this will immediately trigger Emails to designated decision
makers (DDM) for, prior approval.
How
will Hollywood Parts help union employees?
Often
times union employees are under pressure to provide hero
props and wardrobe or souvenirs to directors and actors
or producers as they want to work with them in the future.
Hollywood Parts allows the pressure to be passed onto an
independent asset manager, thus giving an out to the employees
and preventing loss of valuable assets and employee ethics.
Can
we buy entire sets?
Yes,
complete sets stored at Hollywood Parts as well as individual
walls can be purchased or rented.
Can
I be notified when a particular asset becomes available?
Yes,
set up a ‘Prop Hunter’ account and you will
receive an automatic E mail when something comes available.
What
if my rental asset becomes damaged?
We
photograph before and after to determine any damage and
bill the customer as a normal rental house.
What
if my set walls come back changed?
You
will be notified and decide if the walls need to be put
back to their original condition or a fee may be charged
the customer. Restoration may be a condition of rental also.
Can
I have my own dedicated prop lockup?
Yes,
we can fence off a specific area for you and provide access
where available.
We
have our own production equipment; can you manage this for
us?
Yes,
we can barcode and photo then scan the items in and out
for you with complete status and inventory available 24
hours online. When the equipment is outdated, one click
moves it to the web sales site. |
