Knowledge

Film budgeting

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235:: While the bulk of the cast usually gets paid by the Actors Guild standard rate of about $ 2,300 per week, famous and bankable film stars can demand fees up to $ 30 million per film, plus perks (trailer, entourage, etc.) and possible gross participation. Sometimes an actor will accept a minimal fee in exchange for a more lucrative share of the profits. Union extras are paid around $ 130 per day (plus extra for overtime or if they provide their own wardrobe), but on a low-budget film non-union extras are paid less, sometimes nothing at all. 109:, or the "grand total", was $ 129.6 million and the net budget for Sony came to $ 111 million after they received a government rebate in Canada that covered a portion of their gross spend (cost) in the amount of just over $ 18 million. Even though Sony's out of pocket for the film was reduced because of the incentive, it does not negate the fact that the actual cost (amount spent during production to make the film) was still $ 129.6 million. 1869: 388:
In exchange for dropping their large upfront salaries, actors, directors, and producers can receive a large share of the film's gross profits. This has the disadvantage of cutting the financier's eventual takings. It has the further disadvantage of ambiguity. In the case of net profit participation
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When it comes to reporting the budget of a film, the amount of the budget represents the gross budget, which is the grand total of actual spending to produce the project and not to be confused with net budget, which represents the final out of pocket for the producer after government incentives or
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ran over budget and offered his fee back to the studio. In other countries, producers who exceed their budget tend to eat the cost by receiving less of their producer's fees. While the US system is profitable and can afford to go over budget, some other countries' film industries tend to be
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could potentially save hundreds of thousands of dollars in location fees. Moreover, some locations (such as commercial enterprises like hotels and nightclubs) are more willing to allow filming than others. Some producers of low-budget features avoid paying location fees and
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Though movie studios are reluctant to release the precise details of their movies' budgets, it has occasionally been possible to obtain (clandestinely) details of the cost of films' breakdowns. For an example of a budget for a $ 2 million independent feature, see
41:. This document, which could be over 130 pages long, is used to secure financing for and lead to pre-production and production of the film. Multiple drafts of the budget may be required to whittle down costs. A budget is typically divided into four sections: 311:), the cost may be around $ 1 million for an original song; for existing works it may be around $ 300,000. Sometimes a less-known artist will license the rights to their song for a small fee in exchange for the publicity. 241:: The cost of producing the film includes crew wages, production design, live set and studio costs, costumes, catering (food and drinks etc.), accommodation, transportation, travel, hotel stay, etc. The 509:
In the US film production system, producers are typically not allowed to exceed the initial budget. Exceptions have of course been made, one of the most notable examples being
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has been offering the best screenwriters 2 percent of the gross profits (after the production and marketing budget has been deducted). An original screenplay by a
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rebates ("If you pay $ 50 for something but have a mail-in coupon for a $ 10 rebate, your gross spending still amounts to $ 50."). One of the consequences of the
1234: 1095: 473: 287:'s music budget, have been as high as $ 4.5 million. The top film composers can ask for a seven-figure salary to compose about an hour of original 1147:…Maguire felt his sequel compensation didn't reflect the more than $ 30 million that producer Laura Ziskin earned from the first 'Spider-Man'… 1184: 205:
are often well-paid, with a top producer earning a seven-figure salary upfront as well as bonuses and a share of the profits. For
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may be paid between $ 100,000 to $ 2 million to write a script, including $ 400,000 a week for each rewrite of a film in trouble;
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refers to the process by which a line producer, unit production manager, or production accountant prepares a
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Shooting at night requires powerful/expensive lighting and the payment of nighttime rates to the crew.
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depends largely on the amount of work, the desired quality, and the effects company involved (
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may be called upon to revise the final draft at $ 100,000 to $ 200,000 a week. Recently,
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This is not an option for studios that have signed contracts with the unions—the
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scene is easier in the early hours of Sunday morning, when traffic is at its lightest.
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was the release of budget information of many films or TV shows, including the 2015
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minimum is about $ 19,143 per week, for a minimum of ten weeks' work. An A-list
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presented an extensive special report, dissecting the budget of the 2005 film
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has been known to use the skills of experienced non-union crews for his films.
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member can cost from its minimum, $ 69,499 and upwards of $ 5 million (e.g.,
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requires stopping traffic with a resultant drop in revenue to the city of
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Use unknown, non-famous actors instead of well-established movie stars.
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is the most prestigious and expensive); extensive effect work, as in
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to take advantage of lower labour costs, subject to fluctuating
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are other countries in which Hollywood movies are often filmed.
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instead of gross profit participation, disagreements due to
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For example, many Hollywood movies set in U.S. cities are
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cost Warner Bros. $ 500,000. Shifting the location to the
75:. Film financing can be acquired from a private investor, 460:. As well, they take advantage of federal and provincial 1160:"DGA Rate Cards 2012 - 2013; Minimum Salary Schedule" 472:
have responded with tax incentives of their own (see
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Avoid location filming in famous or commercial areas.
87:, entertainment company, and/or out-of-pocket funds. 145:can cost anything from a couple of thousand (e.g., 386:Ask above-the-line talent to defer their salaries. 71:and marketing, which is the responsibility of the 215:is estimated to have been paid over $ 30 million. 1885: 1313: 474:Movie production incentives in the United States 1130: 245:is usually the highest paid member of the crew. 1260:"Budget for Tomb Raider-2 With Angelina Jolie" 1257: 1131:Brodesser, Claude; Harris, Dana (2003-04-13). 67:, completion bond, etc.). The budget excludes 1367: 151:) to over $ 10 million (e.g., the video game 1617: 640:Lara Croft: Tomb Raider – The Cradle of Life 604:Rest of Cast, Casting, Stunts, & Travel: 315: 1235:"The Smoking Gun: Archive: The Sixth Sense" 864: 371:Film action scenes early on Sunday morning. 1374: 1360: 542: 464:designed to grow and sustain the film and 229:can command $ 5 to $ 10 million per film. 121:: The right to produce a film based on a 1208: 255:effects and other visual effect work in 520:financed through government subsidies. 14: 1886: 1294: 275:, can easily cost up to $ 100,000,000. 1355: 1072: 804:: $ 29.25 million + 20% gross profits 770:John D. Brancato & Michael Ferris 59:(editing, visual effects, etc.), and 999:after a lawsuit involving the film. 504: 1314:Glenn F. Bunting (April 15, 2007). 365:seek to capture shots by subterfuge 27:Financial plans for film production 24: 1337:Occupational Employment Statistics 742:Terminator 3: Rise of the Machines 25: 1915: 1342:Film Budget Statistics as of 2011 1330: 1867: 1187:. Actorpoint.com. Archived from 356:San Francisco-Oakland Bay Bridge 1307: 1295:Thomas, Archie (11 June 2004). 1288: 1267: 1049:"How to Set a Household Budget" 416:, which grossed over 2 billion 291:. For well-known artists, like 1381: 1251: 1227: 1202: 1177: 1152: 1124: 1088: 1066: 1041: 1009:List of highest-grossing films 340:Shooting a scene on, say, the 13: 1: 1209:Weinraub, Jake (2011-08-02). 1034: 468:industries in the area. Many 105:. The actual cost to produce 1243:. p. 10. Archived from 1014:List of most expensive films 532:Planning the Low-Budget Film 7: 1347:Film Budget Statistics Page 1073:Imber, Peter (2007-11-06). 1002: 995:. The documents had become 702:Set design and construction 648:Story rights and screenplay 552:Story rights and screenplay 523: 348:. Filming such a scene for 112: 53:(direct production costs), 10: 1920: 1316:"$ 78 million of red ink?" 1297:"Anatomy of a blockbuster" 1164:Directors Guild of America 688:Other (inc. Jolie's perks) 432:Directors Guild of America 409:, after New Line claimed 351:Interview with the Vampire 261:Industrial Light and Magic 253:computer-generated imagery 1863: 1807: 1745: 1675: 1562: 1483: 1389: 1133:"Tobey's tangled rep web" 976: 316:Tactics for cutting costs 1103:Writers Guild of America 436:Writers Guild of America 179:Writers Guild of America 450:Film in another region. 373:Stopping traffic for a 322:Eliminate night scenes. 308:Mission: Impossible III 243:director of photography 1277:. Edwardjayepstein.com 1185:"Pay Rates for Actors" 1096:"Schedule of Minimums" 814:Rest of principal cast 808:Schwarzenegger's perks 401:, as happened between 1582:Principal photography 834:Post-production costs 801:Arnold Schwarzenegger 728:Post Production costs 466:television production 428:Use a non-union crew. 412:The Lord of the Rings 272:The Lord of the Rings 1820:Guerrilla filmmaking 1794:Digital distribution 1737:Digital intermediate 1577:Cinematic techniques 1258:Edward Jay Epstein. 1024:Hollywood accounting 393:methods can lead to 391:Hollywood accounting 1542:Production schedule 537:Robert Latham Brown 440:Screen Actors Guild 203:executive producers 47:(creative talent), 1855:First-dollar gross 861:: $ 187.3 million 672:: $ 17.25 million 566:M. Night Shyamalan 515:(1997). Director 342:Golden Gate Bridge 293:Christina Aguilera 183:M. Night Shyamalan 1881: 1880: 1671: 1670: 1547:Shooting schedule 1320:Los Angeles Times 986:Los Angeles Times 597:Robin Wright Penn 589:Samuel L. Jackson 505:Going over budget 211:(2002), producer 175:Columbia Pictures 148:Leaving Las Vegas 81:product placement 16:(Redirected from 1911: 1872: 1871: 1870: 1825:Development hell 1755:Film distributor 1658:Costume designer 1635:Daily production 1615: 1614: 1609:Dailies (rushes) 1604:Daily call sheet 1532:Production board 1493:Script breakdown 1376: 1369: 1362: 1353: 1352: 1324: 1323: 1311: 1305: 1304: 1292: 1286: 1285: 1283: 1282: 1271: 1265: 1264:(Requires Flash) 1263: 1255: 1249: 1248: 1231: 1225: 1224: 1222: 1221: 1206: 1200: 1199: 1197: 1196: 1181: 1175: 1174: 1172: 1170: 1156: 1150: 1149: 1144: 1143: 1128: 1122: 1121: 1119: 1117: 1112:on 31 March 2015 1111: 1105:. Archived from 1100: 1092: 1086: 1085: 1083: 1082: 1070: 1064: 1063: 1061: 1059: 1045: 973:: $ 202 million 940:Production costs 854:: $ 33.6 million 828:Production costs 816:: $ 3.85 million 766:: $ 5.2 million 760:: $ 19.5 million 737:: $ 118 million 704:: $ 17.8 million 696:Production costs 612:Production costs 568:& Assistant) 444:Robert Rodriguez 442:(SAG). Director 239:Production costs 73:film distributor 21: 1919: 1918: 1914: 1913: 1912: 1910: 1909: 1908: 1904:Film production 1884: 1883: 1882: 1877: 1874:Film portal 1868: 1866: 1859: 1803: 1799:Streaming media 1741: 1715:Special effects 1677:Post-production 1667: 1613: 1558: 1537:Day out of days 1505:Shooting script 1479: 1436:film adaptation 1385: 1380: 1333: 1328: 1327: 1312: 1308: 1293: 1289: 1280: 1278: 1273: 1272: 1268: 1256: 1252: 1240:The Smoking Gun 1233: 1232: 1228: 1219: 1217: 1207: 1203: 1194: 1192: 1183: 1182: 1178: 1168: 1166: 1158: 1157: 1153: 1141: 1139: 1129: 1125: 1115: 1113: 1109: 1098: 1094: 1093: 1089: 1080: 1078: 1071: 1067: 1057: 1055: 1047: 1046: 1042: 1037: 1019:Box-office bomb 1005: 981: 904:: $ 30 million 870: 810:: $ 1.5 million 796:: $ 35 million 780:Jonathan Mostow 746: 730:: $ 1.6 million 718:: $ 3.3 million 698:: $ 67 million 644: 614:: $ 26,214,709 576:: $ 35,068,388 548: 526: 507: 407:New Line Cinema 318: 257:post-production 115: 56:post-production 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1331:External links 1329: 1326: 1325: 1306: 1287: 1266: 1250: 1247:on 2006-09-05. 1226: 1201: 1176: 1151: 1123: 1087: 1065: 1039: 1038: 1036: 1033: 1032: 1031: 1026: 1021: 1016: 1011: 1004: 1001: 980: 975: 968: 967: 966: 965: 964:: $ 2 million. 954:: $ 5 million 949: 948:: $ 65 million 946:Visual effects 943: 942:: $ 45 million 937: 936: 935: 929: 921: 913: 912:: $ 17 million 899: 898:: $ 10 million 889: 888:: $ 15 million 883: 882:: $ 10 million 877: 876:: $ 20 million 869: 863: 856: 855: 849: 843: 842:: $ 20 million 840:Visual effects 837: 831: 830:: $ 58 million 825: 824: 823: 817: 811: 805: 791: 790:: $ 10 million 785: 775: 774: 773: 761: 756:Gale Anne Hurd 750:Story rights ( 745: 739: 732: 731: 725: 719: 713: 712:: $ 13 million 710:Visual Effects 707: 706: 705: 693: 692: 691: 685: 679: 678:: $ 12 million 676:Angelina Jolie 667: 657: 651: 643: 637: 635:$ 74,243,106 630: 629: 628: 627: 621: 618:Visual effects 609: 608: 607: 601: 593: 585: 584:: $ 20,000,000 571: 561: 555: 547: 541: 525: 522: 506: 503: 502: 501: 486:Czech Republic 458:exchange rates 454:shot in Canada 447: 425: 424:, and Jackson. 422:Tolkien Estate 383: 378: 368: 335: 317: 314: 313: 312: 276: 251:: The cost of 249:Visual effects 246: 236: 230: 216: 199:Film producers 192: 171:script doctors 158: 114: 111: 69:film promotion 50:below the line 44:above the line 31:Film budgeting 26: 9: 6: 4: 3: 2: 1916: 1905: 1902: 1900: 1897: 1895: 1892: 1891: 1889: 1876: 1875: 1862: 1856: 1853: 1851: 1848: 1846: 1843: 1841: 1840:Film industry 1838: 1836: 1833: 1831: 1828: 1826: 1823: 1821: 1818: 1816: 1813: 1812: 1810: 1806: 1800: 1797: 1795: 1792: 1790: 1787: 1783: 1780: 1778: 1775: 1773: 1770: 1769: 1768: 1765: 1761: 1758: 1757: 1756: 1753: 1752: 1750: 1748: 1744: 1738: 1735: 1733: 1732:Negative cost 1730: 1726: 1723: 1721: 1718: 1717: 1716: 1713: 1711: 1708: 1706: 1703: 1701: 1698: 1696: 1693: 1691: 1688: 1686: 1683: 1682: 1680: 1678: 1674: 1664: 1661: 1659: 1656: 1654: 1651: 1648: 1646: 1643: 1641: 1638: 1636: 1633: 1631: 1628: 1626: 1623: 1622: 1620: 1618:Daily reports 1616: 1610: 1607: 1605: 1602: 1598: 1595: 1593: 1590: 1588: 1585: 1584: 1583: 1580: 1578: 1575: 1573: 1570: 1569: 1567: 1565: 1561: 1553: 1550: 1549: 1548: 1545: 1543: 1540: 1538: 1535: 1533: 1530: 1526: 1523: 1521: 1518: 1517: 1516: 1513: 1511: 1508: 1506: 1503: 1499: 1496: 1495: 1494: 1491: 1490: 1488: 1486: 1482: 1476: 1475:Working title 1473: 1471: 1468: 1464: 1461: 1460: 1459: 1456: 1454: 1451: 1447: 1444: 1442: 1439: 1437: 1434: 1432: 1429: 1427: 1424: 1423: 1422: 1419: 1417: 1414: 1410: 1407: 1406: 1405: 1402: 1400: 1397: 1396: 1394: 1392: 1388: 1384: 1377: 1372: 1370: 1365: 1363: 1358: 1357: 1354: 1348: 1345: 1343: 1340: 1338: 1335: 1334: 1321: 1317: 1310: 1302: 1298: 1291: 1276: 1270: 1261: 1254: 1246: 1242: 1241: 1236: 1230: 1216: 1212: 1205: 1191:on 2014-02-13 1190: 1186: 1180: 1165: 1161: 1155: 1148: 1138: 1134: 1127: 1108: 1104: 1097: 1091: 1076: 1069: 1054: 1050: 1044: 1040: 1030: 1027: 1025: 1022: 1020: 1017: 1015: 1012: 1010: 1007: 1006: 1000: 998: 997:public domain 994: 993: 988: 987: 979: 974: 972: 963: 961: 956: 955: 953: 950: 947: 944: 941: 938: 934:: $ 3 million 933: 930: 928:: $ 3 million 927: 926: 925:Alfred Molina 922: 920:: $ 7 million 919: 918: 917:Kirsten Dunst 914: 911: 910: 909:Tobey Maguire 906: 905: 903: 900: 897: 895: 890: 887: 884: 881: 878: 875: 872: 871: 867: 862: 860: 853: 850: 848:: $ 2 million 847: 844: 841: 838: 836:: $ 4 million 835: 832: 829: 826: 821: 818: 815: 812: 809: 806: 803: 802: 798: 797: 795: 792: 789: 786: 784:: $ 5 million 783: 781: 776: 772:: $ 1 million 771: 768: 767: 765: 762: 759: 757: 753: 748: 747: 743: 738: 736: 729: 726: 724:: $ 3 million 723: 720: 717: 714: 711: 708: 703: 700: 699: 697: 694: 690:: $ 5 million 689: 686: 683: 680: 677: 674: 673: 671: 668: 666:: $ 5 million 665: 663: 658: 656:: $ 4 million 655: 652: 650:: $ 4 million 649: 646: 645: 641: 636: 634: 626:: $ 2,253,456 625: 622: 620:: $ 1,000,000 619: 616: 615: 613: 610: 605: 602: 600:: $ 2,500,000 599: 598: 594: 592:: $ 7,000,000 591: 590: 586: 583: 582: 578: 577: 575: 572: 570:: $ 5,081,749 569: 567: 562: 560:: $ 1,878,260 559: 556: 554:: $ 5,000,000 553: 550: 549: 545: 540: 538: 534: 533: 521: 518: 517:James Cameron 514: 513: 499: 495: 491: 487: 483: 479: 475: 471: 467: 463: 459: 455: 451: 448: 445: 441: 437: 433: 429: 426: 423: 419: 415: 413: 408: 404: 403:Peter Jackson 400: 396: 392: 387: 384: 382: 379: 376: 372: 369: 366: 361: 357: 353: 352: 347: 346:San Francisco 343: 339: 336: 333: 332:day for night 329: 328: 323: 320: 319: 310: 309: 304: 300: 299: 294: 290: 286: 285: 280: 277: 274: 273: 268: 267: 262: 258: 254: 250: 247: 244: 240: 237: 234: 231: 228: 227:film director 224: 220: 217: 214: 210: 209: 204: 200: 196: 193: 190: 189: 184: 180: 176: 172: 168: 164: 163: 159: 156: 155: 150: 149: 144: 140: 136: 132: 128: 124: 120: 117: 116: 110: 108: 104: 103: 98: 94: 88: 86: 82: 78: 74: 70: 66: 62: 58: 57: 52: 51: 46: 45: 40: 36: 32: 19: 1899:Film finance 1865: 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Retrieved 1052: 1043: 1029:Film finance 990: 984: 982: 977: 970: 969: 960:Danny Elfman 957: 951: 945: 939: 932:Rest of cast 931: 923: 915: 907: 901: 891: 885: 879: 874:Story rights 873: 866:Spider-Man 2 865: 858: 857: 851: 845: 839: 833: 827: 819: 813: 807: 799: 793: 787: 777: 769: 763: 749: 741: 734: 733: 727: 721: 715: 709: 701: 695: 687: 681: 675: 669: 659: 653: 647: 639: 632: 631: 623: 617: 611: 603: 595: 587: 581:Bruce Willis 579: 573: 563: 557: 551: 543: 530: 527: 510: 508: 449: 427: 414:film trilogy 411: 385: 380: 370: 349: 337: 334:" technique. 327:Broken Arrow 325: 321: 306: 296: 282: 278: 270: 264: 248: 238: 232: 218: 213:Laura Ziskin 206: 194: 186: 167:screenwriter 165:: An A-list 160: 152: 146: 119:Story rights 118: 106: 100: 97:Adam Sandler 89: 60: 54: 48: 42: 30: 29: 1845:Film rights 1835:Filmography 1592:Videography 1520:Scenography 1431:spec script 1391:Development 1053:thenest.com 868:(2004 film) 852:Other costs 822:: $ 450,000 744:(2003 film) 684:: $ 250,000 662:Jan de Bont 642:(2003 film) 606:$ 5,568,388 546:(2000 film) 544:Unbreakable 498:New Zealand 470:U.S. states 438:(WGA), and 188:Unbreakable 85:film studio 18:Film budget 1888:Categories 1850:Turnaround 1815:Box office 1700:Soundtrack 1695:Sync sound 1653:Editor log 1630:Production 1564:Production 1510:Storyboard 1470:Greenlight 1421:Screenplay 1409:scriptment 1383:Filmmaking 1281:2014-02-10 1220:2012-01-29 1195:2014-02-10 1142:2023-08-30 1081:2012-07-15 1077:. ABC.news 1035:References 958:Composer ( 892:Director ( 880:Screenplay 778:Director ( 764:Screenplay 660:Director ( 564:Director ( 399:litigation 303:Kanye West 298:Shark Tale 289:film score 284:Spider-Man 208:Spider-Man 162:Screenplay 137:, or as a 135:video game 1572:Film crew 1552:one-liner 1525:Rehearsal 1169:16 August 894:Sam Raimi 886:Producers 788:Producers 654:Producers 558:Producers 478:Australia 462:subsidies 375:car chase 360:close-ups 195:Producers 93:Sony hack 65:insurance 1789:Roadshow 1705:Timecode 1640:Progress 1404:Producer 1275:"budget" 1116:29 April 1058:21 April 1003:See also 524:Examples 219:Director 113:Elements 1894:Budgets 1808:Related 1782:delayed 1777:limited 1515:Casting 1498:process 1426:process 1215:Reuters 1137:Variety 752:Carolco 722:Editing 512:Titanic 490:Germany 482:Hungary 434:(DGA), 131:musical 77:sponsor 1725:visual 1446:Option 992:Sahara 978:Sahara 820:Extras 682:Extras 633:Total: 496:, and 484:, the 395:audits 266:Avatar 221:: The 143:sequel 139:remake 107:Pixels 102:Pixels 37:for a 35:budget 1720:sound 1710:Music 1645:Sound 1463:pitch 1110:(PDF) 1099:(PDF) 971:Total 952:Music 859:Total 846:Music 735:Total 716:Music 624:Music 494:Malta 301:) or 279:Music 127:novel 99:film 61:other 1830:Film 1772:wide 1760:list 1649:Cost 1441:Hook 1171:2012 1118:2015 1060:2018 983:The 902:Cast 794:Cast 754:and 670:Cast 574:Cast 405:and 397:and 358:for 233:Cast 201:and 154:Halo 123:play 535:by 476:). 418:USD 269:or 223:DGA 185:'s 141:or 133:or 1890:: 1318:. 1299:. 1237:. 1213:. 1162:. 1145:. 1135:. 1101:. 1051:. 539:. 492:, 488:, 480:, 197:: 191:). 157:). 129:, 125:, 83:, 79:, 1375:e 1368:t 1361:v 1322:. 1303:. 1284:. 1262:. 1223:. 1198:. 1173:. 1120:. 1084:. 1062:. 962:) 896:) 782:) 758:) 664:) 367:. 305:( 295:( 63:( 20:)

Index

Film budget
budget
film production
above the line
below the line
post-production
insurance
film promotion
film distributor
sponsor
product placement
film studio
Sony hack
Adam Sandler
Pixels
play
novel
musical
video game
remake
sequel
Leaving Las Vegas
Halo
Screenplay
screenwriter
script doctors
Columbia Pictures
Writers Guild of America
M. Night Shyamalan
Unbreakable

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