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Dec 16, 2015 · Note: Budget numbers for movies can be both difficult to find and unreliable. Studios and film-makers often try to keep the information secret and will use accounting tricks to inflate or reduce announced budgets. This chart shows the budget of every film in our database, where we have it.
- Why Is A Budget Important For My Independent Film?
- When Should I Write A Film Budget?
- How Do You Make A Script Breakdown For A Film Budget?
- How Will A Schedule Effect My Budget?
- How Is A Film Budget Organized?
- How Do I Budget For Crew Wages and Fringes?
- How Do Tax Incentives and Location Effect A Film Budget?
- What Is A Contingency and Do I Need One?
- Use A Film Budget to Raise Money and Make An Independent Film
An independent film budget lays the groundwork for financing and completinga film. The film budget is an indispensable document after which everything follows, with few exceptions. It will become your trusted and reliable friend from start to finish. You cannot make a film without one. A thoroughly built film budget should be capable of providing a...
Write a film budget after you break down the script, create a schedule specifying pages-per-day and always before you start pitching to financiers. Ground your budget in actual costs, based on standard wages, fringes, kit rental fees and other important line items. Two film budgets will be necessary, intended for separate uses. The first iteration ...
To create a detailed film budget, you need to break down your script into its basic components. There are two things you need to get to the bottom of; how long it’s going to take to shoot the film and everything else that will cost you money or slow you down. You have two options for conducting a breakdown; You can use professional breakdown and sc...
Once you have a full breakdown of all of the moving pieces necessary to breathe life into your independent film, it’s time to create a schedule. A film’s schedule is a balancing act of priorities that will inform your production budget by tracking who and what needs to be where and when and for how long. For example, if you know how long a particul...
A budget is divided into two parts over three sections. Above-the-Line (ATL) and Below-the-Line (BTL) make up the two parts and the three phases of production make up the sections. Your film budget should flow naturally from one priority to another. Keeping your budget organized this way signals to investors you know what you’re doing. Priorities t...
Wages and fringes can make up a hefty percentage of your total budget. As you can see in our example of a typical film budget, labor can cost as much as half of the budget. Some fees, like those paid to talent or a director, will have to be paid up front, or a portion of which will have to be paid up front as a guarantee before you even roll camera...
Where you shoot your independent film can have a major effect on how much the film will cost and even how much money you can raise with debt financing. If you’re shooting location is flexible, choose a handful of states where you could shoot and explore state film tax incentive programs. Since each state legislature decides on the rules and how wel...
A contingency is like an insurance policy you’re funding yourself. While you should and will almost always be required to purchase production insurance, payroll companies, rental companies, banks and more will expect it, you need to have a contingency as well. Always include a contingency in your independent film budget. Talk about being taken seri...
Building a thorough and practical film budget takes time and lots of research. We promise, it’s worth it! With a sophisticated, professionally built budget, you can hit the ground running and start raising the cash you need to begin pre-production. A detailed script breakdown and schedule are your keys to the budgeting castle. Once you have the mon...
Dec 18, 2015 · Note: Budget numbers for movies can be both difficult to find and unreliable. Studios often try to keep the information secret and will use accounting tricks to inflate or reduce announced budgets. The data we have is, to the best of our knowledge, accurate but there are gaps and disputed figures.
Sep 23, 2023 · We’ll also provide a free film budget template download in Microsoft Excel format for those who prefer to work in that application. Likewise, the information we offer here will be equally applicable to any budgeting software.
Nov 11, 2024 · Location Scouting and Permits📍. Location costs can make or break an independent film's budget. A single filming day costs between USD 1,000 and USD 2,000 just for permits. Your total budget should set aside 15-20% for location expenses such as: Permit application fees. Location rental costs. Insurance requirements.
The Internet Movie Database lists the budget on the main page of a movie under the heading Box Office. I haven't yet found a resource for television budgets. It seems accountability is less.
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The Numbers provides detailed movie financial analysis, including box office, DVD and Blu-ray sales reports, and release schedules.
