Financing: Important And Crucial Aspect Of Making A Film

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Financing is an important and crucial aspect of making a film. Funding a movie or producing a film costs vary. Included expenses usually are the director, script, and producer’s fee, the cast, locations, sets, costumes, permits, equipment rentals, travel accommodations, scouting, agents, offices, insurance, banking, legal and other fees. The budget must present a spending plan for every dollar spent on the production. It is a guide to make sure that you can produce the film and that your dollars are spread correctly in all of the right places. You don’t want to spend a lot on acting and then get cheap when it comes to special effects or vice versa. Expenses can rise quickly, and there’s a lot of planning and scouting that goes into it.
A budget is a simple list of all the stuff and people, and how much they need to be paid. A schedule is also produced which is a list of the dates and times to reach certain objectives. Investments can be made to your project by a single investor, a group of investors, or personal investors such as family and friends for small projects. Investors who make equity investments own a stake in the ﬁlm and they must be paid back. The interest can be high at around 20%.
Pre-sales agreements are deals made with distributors before the ﬁlm is produced. …show more content…
On the other hand, producing and marketing a major film can cost around $100 million. One of the most important aspects of marketing is having a marketing plan. The marketing plan outlines the objectives of the films marketing. During this stage, it’s important to recognize who your target audience is. Then, the advertising can begin. Advertising to the target audience is done through billboards, commercials, trailers, online, and word of mouth. Indie films can get creative, but they usually spend a lot of the budget on advertising since their production costs are much

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