The Borough Five Pictures (Slate One) offering is now closed and is no longer accepting investments.

Borough Five Pictures (Slate One)

3 Family Comedies Made in New York

Small OPO
Staten Island, NY
Film & Video
US Investors Only
Play video

Invest $100 to $100k — right here online.

They say go big or go home. We're doing both.

Borough Five is a new independent film and television content production company based in the heart of Hollywood and in the great borough of Staten Island, New York City -- which is in the beginning stages of a creative and economic renaissance. Our goal is simple: bring Hollywood to Staten Island and bring Staten Island to Hollywood.  


I founded the company in 2017 so that I could go home and put a lens on my corner of the world. Our first three films will be not only be shot on Staten Island, but they will be set here, too. Our locations will be the places I grew up, our characters will be based on the people I love, and our stories will be their stories — tales of family, community, friendship — and all the laughter and heartbreak that comes with such personal territory. Our films are, by design, valentines to the borough. They are character-based, story-driven, and audience-focused. They are made to entertain and engage.


In April 2017, we set out to raise $2.6 million to fund our first three projects — all 90-minute, feature-length films. True, that's actually not a lot of money by Hollywood standards. These are so-called "low-budget" independent films — just like Napoleon Dynamite, Boyhood, and Moonlight. They are audience-friendly and Hollywood-ready, and they were chosen for not only their creative promise but for their commercial potential. You can read about them on this page. 


Join us because you believe in me and in my team. Join us because you believe in hard work and entrepreneurship and the power of the creative process. Join us because you love Staten Island. Join us because you know nothing about Staten Island but just love movies. Join us because our business plan is smart. Join us because you want to see your name in the credits of three incredible films. Join us because you're a friend of mine from home or Los Angeles or Brooklyn or Harvard or USC and you remember how this all started years ago. This is where the road has taken me, and I would love your support.


We're not taking donations. Every contribution is an investment. And every investment is in all three films. It can be $100 or $100,000 or anything in between.


Sending love from snowy Staten Island,

Julio Vincent Gambuto 

Founder and Writer/Director

Meet Our Director

Julio Vincent Gambuto grew up on the South Shore of Staten Island. He is writer/director, who has been working in film and kids television. Learn more at his website.

Watch Our Short Film

The Julie Stories is the award-winning short film (15min) that launched our company. Check it out at The Julie Stories website, where you can learn more about this special project.

Watch the NY1 Story

Watch the NY1 story or check out additional press clips about Julio and his work from the Staten Island Advance, Variety, and Deadline Hollywood. See full press page at Julio's website.

THE INVESTMENT

Investment Type: CrowdFunding Mini-Unit

Units: $100 each

Minimum Investment: $100

Round Size: Min. $10,000; Max $107,000


Borough Five Pictures proposes to secure all its monies from private investors. 


  • Investment is in "Borough Five Slate One LLC," which will make Borough Five's first three film and television projects
  • Our full budget of $2.6M covers production financing for all three films, plus a $500,000 advertising reserve (contingency), to be used in the event that we are not able to secure distribution and must enact a self-distribution plan.
  • Each film will be produced for $500,000-$600,000 (net). Each is budgeted for $700,000, including contingency and accounting for 30% tax incentive in New York State on qualified production expenses. 
  • Production on all films is scheduled to commence in the first 3-4 years, 2018-2021.
  • The deal is the same for all investors: they are first in line for a return of capital allocated for each project, plus 20%
  • Net profits are then split between the investor pool and the production company

INVESTOR PERKS

All perks occur after the offering is completed.

In addition, the following perks are given at specific investment levels. Perks are for all three movies. The premiere is our hometown Staten Island premiere.


  • FAN • $100-$299 Investment: Name in the credits plus a digital copy of all three films
  • SUPPORTER • $300-$999 Investment: Everything at Fan Level +  4 tickets to the premiere and credit in the premiere program
  • BACKER • $1,000-$2,499 Investment • Everything at Supporter Level + Visit the set on “Backers’ Day”
  • PATRON • $2,500-$4,999 Investment • Everything at Backer Level + Be an extra in the Film
  • STAR • $5,000-$9,999 Investment • Everything at Patron Level + VIP seating at the premiere
  • RED CARPET CLUB • $10,000-$24,999 Investment • Everything at Star Level + Walk the red carpet at the premiere
  • DIRECTOR'S CLUB • $25,000-$99,999 Investment • Everything at Red Carpet Club Level + Annual dinner at Harvard Club
  • EXECUTIVE PRODUCER • $100,000+ Investment • Everything at Director's Club Level + EP Title

THE 3 MOVIES

TEAM MARCO (2018)

Family Comedy • Rated: PG • 90 minutes

Written by Julio Vincent Gambuto and B.R. Uzun

Marco is obsessed with his electronics and hardly leaves the house. But when his grandmother dies and his grandfather moves in with his family, Marco’s life is turned upside down and he’s forced…to go play outside. When “Nonno” introduces him to bocce — the world’s oldest game — and to the neighborhood crew of old Italian men, Marco finds connection to other people “in real life” instead of through his tablet and inspires a team of neighborhood kids to put down their devices and band together to take on his grandfather and his pals.


Remember The Sandlot? Team Marco is The Sandlot meets Cinema Paradiso — all for a new generation of kids and families. Team Marco is the story of a boy and his grandfather. Really, it's a story of friendship, community, and legacy. 

LEARN MORE at the website for the project.

THE JULIE STORIES

Family Comedy • Rated: PG-13 • 90 minutes

Written by Julio Vincent Gambuto

Staten Island, 1993. Little Julie is the gayest teen on the block and just wants to go through puberty without the whole family constantly interrupting. When his father sees a late-night infomercial that promises he’ll get-rich-quick, Little Julie is roped into becoming the family business man and helping launch the family business. When things don't go as planned, the family must come together to make it work, to help Dad get his American Dream, and to learn what it takes to make it in the 90s. The Julie Stories is based on the award-winning short of the same name.

JACK BE NIMBLE

Dramedy • Rated: PG • 90 minutes

Written by Julio Vincent Gambuto and B.R. Uzun

Bobby has had a tough time losing weight and finding love, so he decides to get a plant, then a hamster, then a dog. Jack is a feisty puppy who it seems can’t be tamed, but when he finally is, Bob’s new best friend is struck by a car and rendered handicapped. What follows are the high-rolling adventures of America’s newest hero — a handicapped pet — as he teaches his owner about persistence, life, and ultimately love. Jack Be Nimble is slated to be our third production, shooting in the spring of 2020.


WATCH THE YOUTUBE DOC

FREQUENTLY ASKED QUESTIONS

  • Who are you? Borough Five Pictures is a Limited Liability Company. The Company is a new independent motion picture film and television content production company consisting of creative and business professionals with the common goal of producing and selling the Company’s first content “slate” (group) of films in the next five years, 2017-2021. Borough Five Pictures seeks $2,600,000 in aggregate to fund this first slate, "Borough Five Slate One LLC." The slate currently consists of three feature-length motion pictures: “Team Marco,” “The Julie Stories,” and “Jack Be Nimble” — two of which will also be cut into independent television series pilots.  
  • What is the state of the movie industry? The U.S. box office in 2016 totaled over $11 billion, and worldwide box office for films crossed the $40 billion mark, thanks in part to expanding international markets. While physical audience attendance at US theaters has decreased, the market for content has increased and is now more robust than ever, as distribution opportunities continue to expand due to the convergence of film and television and the success of SVOD (subscription video-on-demand) providers like Netflix and Amazon. We believe that there has never been a better time for independent feature film production.  
  • How does distribution work? As an independent producer, Borough Five Pictures intends to negotiate with a top distributor to secure distribution domestically and in all international markets, as well as across all channels of distribution: from traditional theatrical to online. Because our projects are audience-focused and have significant commercial appeal, we will also pursue partnership opportunities from studio distributors should they arise prior to principal photography.
  • What is USC? The USC School of Cinematic Arts is where Julio got his MFA in Film and Television Production. USC is consistently named the #1 film school in the world by The Hollywood Reporter. Founded in 1929 in collaboration with the Academy of Motion Picture Arts and Sciences, the USC School of Cinematic Arts (aka USC Film School) is the nation’s first film school. USC has the largest and most powerful alumni network in Hollywood, including George Lucas, Judd Apatow, Jason Reitman, Shonda Rhimes, Megan Ellison, Paul Feig, Ron Howard, Bryan Singer.
  • Why Staten Island? It’s an exciting time for Staten Island, and we want to be part of it and contribute to it. The Island will soon be home to the New York Wheel — the anchor of a revitalized waterfront and downtown, which will include new hotel, shopping outlet, museum, park, and restaurants. The island will also be the site of one of the country’s largest film production facilities, as a private firm converts the Island’s old jail complex into a massive film production facility. Borough Five wants to be part of the creative and economic revitalization of the borough. Our goal is nothing short of becoming the premiere film production company on the Island — creating jobs and economic and creative opportunities for the Island’s residents and businesses. Julio’s relationships on Staten Island are broad and deep, so much so that our company in named for the Island. Julio has been a respected member of the Island community for two decades as a scholar, teacher, and artist.
  • Why should I invest in you? 
    • Our slate is specifically designed to maximize potential for profit while minimizing risk. 
    • Our team is educated, trained by the best, and eager to make their mark. We have a 3-4-year window to hire our network of recent film school graduates before they are too expensive to bring on board.
    • Unlike most first-time feature filmmakers, we are focused on projects that are both creatively outstanding and have the most potential for profit. As we succeed, so do our investors.
    • Our goals are long-term and we believe in growing our projects and our profile step-by-step.
    • Our offering is unique: live-action comedy and family films made independently.
    • The time is now. We have a unique ability right now to combine low-cost production methods with incredible talent — all at a time when the market is hot for content.
  • How can I make money on my investment?  In our successful scenario, we would be able to return your capital plus 20% — which is regarded as a standard return in the film business. Plus, you would get your pro-rata share of net profits.  This means that the more successful the movies are, the larger the pool of net profits is that you get to split, once you have been paid back 1.2x your initial investment.  In a WORST-case scenario, we would not be able to return your investment. All investments are risky, and it would be unethical for us to not articulate that possibility.  However, we feel that although the film business is a risky business, we are uniquely positioned to do well based on our plan (please see "Why should I invest in you?" below). 
  • Why now? We enter the market at a critical and exciting time as new methods of distribution augment traditional ones to provide independent filmmakers the highest chance of securing distribution deals for theatrical, television, and new media. Plainly put, the content market is hot. The need for content is at an all-time high, driven by the rise of digital delivery and S.V.O.D. (subscription video on demand). At the same time, production costs are at an all-time low. As the cost of equipment drops and states like New York offer tax incentives for shooting, the net cost of producing non-union “modified low-budget” films (budget: $700,000) has never been lower. Further, our network of top-tier talent are affordable and eager. We have a 4-5 year window before our network of top-tier talent from the USC School of Cinematic Arts is too expensive to hire for these type of films. Securing them now gives us the best talent.
  • Why a "slate"? Creating a slate, as opposed to offering each film separately, allows us to package the three films as one investment. This enables us to: (a) minimize risk, by spreading it over three films — the investment has three times the chances to succeed; (b) lower production costs, by leveraging buying power of three and amortizing costs for certain supplies, equipment, staff, and marketing; (c) come to the table with distributors in a stronger way, by offering them a collection of product that is consistently in production from 2018-2021 — this allows us to create long-term financial win-wins with distributors and establish ourselves as a more significant player in content-creation; (d) gain momentum in the press and community, by having our next projects already in production — the power of this in the entertainment industry cannot be under-estimated.
  • Why make "family" films and target families? 
    • Movie theaters continue to draw more families than all theme parks and major US sports combined.
    • Baby Boomers and their families are headed out to the movies more often than ever before, as families are seeing a movie ticket as a reasonable investment for entertainment.
    • In 2016, an important milestone in U.S. media was reached: availability of SVOD programming (Netflix, Hulu Plus, Amazon Prime) is now equal to DVR penetration, with both available in 50% of U.S. TV households.
    • SVOD homes are more likely than standard TV homes to belong to families with children, with children present in 45% of SVOD homes compared to 35% of traditional TV homes — an important percentage as we target families.
  • Who are the buyers? There are 6 major studios that dominate the industry, most of whom serve as distributors as well, buying content from what is often considered the seventh studio: independent film. In addition, the “mini-majors” are potential buyers, as well. They include Lionsgate, Relativity Media, Open Road Films, CBS Films, and MGM. Netflix, Amazon, and Apple are excellent possibilities, as well, having planted a very large flag recently as they use their enormous buying power to fill their catalogues.
  • How do investors make money on independent films? Money comes in two phases.  The first is the “minimum guarantee,” paid to the production company upon sale to/acquisition by a distributor. The top five sales from Sundance ’16 and ‘17 — the largest film market in the country — demonstrate the health of the overall market. After the initial sale/acquisition, a film makes additional money when the distributor exploits the picture across all channels. Here is a standard waterfall on a low-budget stand-alone film made for $1M. After deduction of costs of production and investors’ 20% preferred return, the net is split 50/50 between production company and investors.

In the Press

Rossville Native Opens New Production Company
September 17, 2017

After spending nearly a decade in Los Angeles, a Rossville-native wants to bring Hollywood to Staten Island. NY1's Lisa Voyticki filed the following report. Julio Vincent Gambuto and Burak Uzun went to Staten Island Academy together back in the 90’s.

How 'Julie' went from SI Academy to Harvard to Hollywood
April 5, 2017

Julio Vincent Gambuto only has a couple of rules: 1. No mafia. 2. No guns. See, the filmmaker would rather deal in genuine emotion than dwell on what Hollywood wants Staten Island to be, stereotypically.

‘Grace and Frankie,’ Amazon Win at Caucus Awards
December 15, 2016

A collection of industry executives, producers, and directors were honored by the Caucus for Producers, Writers & Directors at its 34th annual awards dinner on Thursday night at the Skirball Cultural Center in Los Angeles.

Offering Summary

Maximum 1,070* CrowdFunding Mini-Units  ($107,000)

*Maximum subject to adjustment for bonus units. See 10% Bonus below

Minimum 100 CrowdFunding Mini-Units ($10,000)




Company
BOROUGH FIVE SLATE ONE LLC
 

Corporate Address
7 Navy Pier Court, Unit 4064, Staten Island NY 10304
 

Description of Business
Film Fund
 

Type of Security Offered
CrowdFunding Mini-Unit
 
Purchase Price of Security Offered
$100.00
 

Minimum Investment Amount (per investor) 
$100.00











INVESTMENT PERKS*

All investors, upon successful sale of a film, get their investment returned, plus 20%. Net profits are then split 50/50 between the investor pool and Borough Five. In addition, the following perks are given at specific investment levels. Perks are for all three movies. The premiere is our hometown Staten Island premiere.

  • $100-$299 Investment • FAN LEVEL • Name in the credits plus a digital copy of all three films
  • $300-$999 Investment • SUPPORTER LEVEL • Everything at Fan Level +  4 tickets to the premiere and credit in the premiere program
  • $1,000-$2,499 Investment • BACKER LEVEL • Everything at Supporter Level + Visit the set on “Backers’ Day”
  • $2,500-$4,999 Investment • PATRON LEVEL • Everything at Backer Level + Be an extra in the Film
  • $5,000-$9,999 Investment • STAR LEVEL • Everything at Patron Level + VIP seating at the premiere
  • $10,000-$24,999 Investment • RED CARPET CLUB LEVEL • Everything at Star Level + Walk the red carpet at the premiere
  • $25,000-$99,999 Investment • DIRECTOR'S CLUB LEVEL • Everything at Red Carpet Club Level + Annual dinner at Harvard Club
  • $25,000-$99,999 Investment • EXECUTIVE PRODUCER LEVEL • Everything at Director's Club Level + EP Title

*All perks occur after the offering is completed.


The 10% Bonus for StartEngine Shareholders

BOROUGH FIVE SLATE ONE LLC will offer 10% additional bonus units for all investments that are committed by StartEngine Crowdfunding Inc. shareholders (with ≥ $1,000 invested in the StartEngine Reg A+ campaign) within 24 hours of this offering going live.

StartEngine shareholders who have invested $1,000+ in the StartEngine Reg A+ campaign will receive a 10% bonus on this offering within a 24-hour window of their campaign launch date.  This means you will receive a bonus for any units you purchase.  For example, if you buy 10 Crowdfunding Mini- Units at $100 / unit, you will receive 1 Crowdfunding Mini-Units, meaning you'll own 11 units for $1,000.   Fractional units will not be distributed and unit bonuses will be determined by rounding down to the nearest whole unit.

This 10% Bonus is only valid for one year from the time StartEngine Crowdfunding Inc. investors receive their countersigned StartEngine Crowdfunding Inc. subscription agreement.

Irregular Use of Proceeds

The Company will not incur any irregular use of proceeds.

Show More
Most recent fiscal year-end:
Prior fiscal year-end:
Total Assets
$0.00 USD
$0.00 USD
Cash And Cash Equivalents
$0.00 USD
$0.00 USD
Accounts Receivable
$0.00 USD
$0.00 USD
Short Term Debt
$0.00 USD
$0.00 USD
Long Term Debt
$0.00 USD
$0.00 USD
Revenues And Sales
$0.00 USD
$0.00 USD
Costs Of Goods Sold
$0.00 USD
$0.00 USD
Taxes Paid
$0.00 USD
$0.00 USD
Net Income
$0.00 USD
$0.00 USD

Risks

A crowdfunding investment involves risk. You should not invest any funds in this offering unless you can afford to lose your entire investment. In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. These securities have not been recommended or approved by any federal or state securities commission or regulatory authority. Furthermore, these authorities have not passed upon the accuracy or adequacy of this document. The U.S. Securities and Exchange Commission does not pass upon the merits of any securities offered or the terms of the offering, nor does it pass upon the accuracy or completeness of any offering document or literature. These securities are offered under an exemption from registration; however, the U.S. Securities and Exchange Commission has not made an independent determination that these securities are exempt from registration.


Updates

Follow Borough Five Pictures (Slate One) to get notified of future updates!

Comments ({{profileCtrl.startup.comments_count}} total)

{{profileCtrl.newComment.body.length}}/2500
Show More Comments