Presales are when a producer develops a project, and "presells" or "prelicenses" the distribution rights to create collateral for a loan to fund production.

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Presales involve selling or licensing the distribution rights of a project before it is completed, often to secure financing for its production. This practice is common in the film and television industry, where producers use the funds from presales to cover production costs.

Presales Are When a Producer Develops a Project, and "Presells