# ALULA FILM LLC Ten Features, $2B Worldwide. Now His First Horror Film. - Canonical URL: https://wefunder.com/alula.film - Entity ID: wefunder:company:202241 - Last updated: 2026-11-04T01:06:24Z - Generated at: 2026-11-04T01:32:32Z ## Quick facts - The Wedding Singer, The Waterboy, Click, Blended, Zookeeper - Frank Coraci directed them all! - He has made 5 films with Adam Sandler, who first appeared on screen in Coraci's NYU student films. - Frank's seven features have grossed $2B at worldwide box office. Alula is his first Horror film! - Horror delivers strong economics: From 2013 to 2023, the median film returned nearly 8x its budget. - Producers include Gary Michael Walters, former CEO of Bold Films (Whiplash, Nightcrawler, Drive) - Investors take back what they put in + 20% premium from film revenue before producers see any profit ## Active fundraises - wefunder:fundraise:164396: 4(a)(6) successful (USD) - wefunder:fundraise:164395: 4(a)(6) open (USD) ## FAQ 1. **What is the total budget amount that you need for this movie? The ROI is going to depend on the overall budget. Also, will investors receive a digital finished copy of the movie?** - Thank you for your questions! Alula’s production budget is expected to be between $6-$7 million, depending on the final cast and locations. You’re right that the overall budget is an important factor in potential ROI. That’s why we’re making a contained horror film with a commercially successful director like Frank. Investors will most likely receive a digital copy of the finished film, but we’ll need to confirm this with the distributor. Please also refer to the campaign’s listed perks for i... 2. **1. Could you explain the 120% return and 50% net-profit participation with a simple example of how a $100 investment would be paid out? 2. What expenses and obligations are deducted before investors receive the 120% return, and does that priority apply to all investors or only...** - 1. How does the 120% return work? A $100 investment receives $120 back: the original $100 plus $20, before profit sharing begins. 2. How does the 50% net-profit participation work? Equity investors collectively share 50% of defined net profits on a pro rata basis - proportional to the size of their investment. 3. What gets paid before the 120%? The answer ultimately depends on how the financing is structured. Please refer to the Financing Film Waterfall Agreement on WeFunder. 4. Does that pri... 3. **Thanks for answering my question. I am prepared to invest as I believe this movie could be a smash. I do have one other question. When does the profit distribution begin? Meaning after several weeks in the movies, after several years of being in the movies, acquisition from a ...** - Hey Bugg! Thanks for the question. Profit distributions aren’t tied to a set number of weeks or years in theaters. They begin once the film has generated revenue that’s actually collected and the recoupment waterfall in the investment agreement has been satisfied. That could happen through theatrical, streaming, or other distribution revenue, like a sale or acquisition. The proceeds are then sent to a 3rd party CAMA and allocated according to the agreed waterfall. The timing all depends on th... ## Team - Frank Coraci (Writer/ Director) - Gary Michael Walters (Producer) - Michael Mammoliti (Producer ) - Manasvi Mamgai (Producer) ## Q&A - Q: What is the total budget amount that you need for this movie? The ROI is going to depend on the overall budget. Also, will investors receive a digital finished copy of the movie? - A: Thank you for your questions! Alula’s production budget is expected to be between $6-$7 million, depending on the final cast and locations. You’re right that the overall budget is an important factor in potential ROI. That’s why we’re making a contained horror film with a commercially successful director like Frank. Investors will most likely receive a digital copy of the finished film, but we’ll need to confirm this with the distributor. Please also refer to the campaign’s listed perks for investor benefits. - Q: Thanks for answering my question. I am prepared to invest as I believe this movie could be a smash. I do have one other question. When does the profit distribution begin? Meaning after several weeks in the movies, after several years of being in the movies, acquisition from a major streaming platform, etc - A: Hey Bugg! Thanks for the question. Profit distributions aren’t tied to a set number of weeks or years in theaters. They begin once the film has generated revenue that’s actually collected and the recoupment waterfall in the investment agreement has been satisfied. That could happen through theatrical, streaming, or other distribution revenue, like a sale or acquisition. The proceeds are then sent to a 3rd party CAMA and allocated according to the agreed waterfall. The timing all depends on the film’s performance and the terms of its distribution and financing. Thx Bugg! - Q: 1. Could you explain the 120% return and 50% net-profit participation with a simple example of how a $100 investment would be paid out? 2. What expenses and obligations are deducted before investors receive the 120% return, and does that priority apply to all investors or only this offering? 3. What is the film’s total projected budget, and how much of that budget is already committed or secured? 4. If this offering raises only $50,000 or a few hundred thousand dollars, what is the specific plan to finance and complete the film? What exactly is 32RED's role in ALULA? Is it producing the film, financing it, packaging talent, or providing distribution? Is 32RED investing its own money in ALULA? If so, how much, and on what terms? Does ALULA have a binding agreement with 32RED? Can investors review or verify the relationship? How are fees paid to 32RED handled in the investor waterfall? Could company fees be paid before investors receive their stated return? If ALULA doesn't secure its full budget, what happens to the money already raised? - A: 1. How does the 120% return work? A $100 investment receives $120 back: the original $100 plus $20, before profit sharing begins. 2. How does the 50% net-profit participation work? Equity investors collectively share 50% of defined net profits on a pro rata basis - proportional to the size of their investment. 3. What gets paid before the 120%? The answer ultimately depends on how the financing is structured. Please refer to the Financing Film Waterfall Agreement on WeFunder. 4. Does that priority apply to all investors? Yes, all equity investors. 5.What is the budget, and how much is secured? The projected production budget is $6–7 million, depending on cast. We plan to secure the remaining financing after closing the crowdfunding round via soft money (Tax Credit/ Subsidies), Private equity and possible bank loan against any secured pre distribution agreements. 6.What if crowdfunding raises only a small amount? We plan to finance the balance through private investment and other film-financing sources like pre-sales and tax credits. 7.What is 32RED’s role? 32RED is the production company responsible for arranging financing, packaging, and producing ALULA. 8.Is 32RED investing its own money? Yes. We’ve invested in developing this movie and also committed a sizable amount through WeFunder. 9.Is there a binding agreement? Yes. 32RED holds the option to ALULA and there is a binding agreement with writer/ director Frank Coraci. 10.Could 32RED’s fees be paid before investor returns? Producing fees are part of the production budget, like director, actor and other crew fees, but is payable only once the film is financed and in production. It is not profit, it is a fee. 11.What if the full budget isn’t secured? If the full budget isn't secured, we don't commence principal photography. With our experience with Films in the $10–15 million range - the team behind it is extremely important. Frank Coraci, Gary Michael Walters, and 32RED, are confident in our ability to finance and complete Alula at our intended budget. That being said, like any investment, you must do your own diligence on the film, the team and the risks associated, before investing. Please feel free to join our monthly town hall meetings, to get your questions answered live by the team.