Timeline & Flow Of Funds
1
2
3
Demographic target, marketing strategy and budget allocation identified by distribution and marketing team in coordination with Global Pictures Media
4
Media plan is created and then distributed by Global Pictures Media, accompanied by research and analytics supporting the media plan rationale
5
6
7
Global Pictures’ credit facility will be billed for the first 30% of each media invoice in advance and then will submit these partially paid invoices to the escrow agent reflecting the remaining balance of 70% due to be paid from the escrow account
8
8. Global pictures Media will issue the escrow agent “Paid in Full” receipts for each payment due and the agent will simultaneously release wire transfers to Global Pictures Media who physically purchase the media and act as the agency of record