Monday, April 15, 2019
Why Film Budgets Are Important, Beyond The Cost Of Production
www.forbes.com: A film’s budget plays a dominant role throughout the film’s life cycle—with implications going far beyond the mere cost of the film. Perhaps the most tangible aspect of a film’s budget is that the amount that distributors will pay for a film is almost always calculated as a percentage of the budget (the “budget/sales corollary”), regardless of the script, the cast or anything else.
Subscribe to:
Post Comments (Atom)
2 comments:
I chose to read this article because I thought it was going to be a straightforward article about budgeting and really I am amazed by it. I find this to be a novel and crazy concept. This is the opposite of the theatre where cheaper to make means more profit. It makes sense that there is a bigger distributor fee for shows that have bigger budgets but I don’t know why people are more inclined to pay for these bigger distributor fees. Is it the logic that expensive investments pay off? ? I am also amazed by the large price increase that is given as an example of how a 20 million dollar star increases the budget double of 20 million. I am both amazed by the amount of money that the star is being paid and the larger price jump. Lastly, I am blown away by all the intricacies of a film budget, the idea of a producer’s charge and not including a deferred payment or even that there is such a thing a deferred payment. I am so glad that I clicked on this article and learned a whole lot about film budgeting, which is worlds away from theatre budgeting.
This article makes film budgets seem nearly entirely like a pile of hocus pocus scrambled together by money hungry big shots with mysterious titles. While this may be partially true, I wish that I was told more about how film budgets actually correlate to what they're used for. Film budgets are huge and I wish I could wrap my head around why. Partially it's the fee for rights and for talent, but partially it's the cost of post production and I wish that could be broken down more, see what really goes into it. The budget/sales corollary is interesting and makes a lot of sense. The more money a show has signifies that more time and energy in fine tuning and high end tools have been utilized and will therefore create an experience more people want to see. Not to mention the probability it has big name stars that will draw a crowd.
Post a Comment