Above the line is all pretty similar and post tends to shift to mainly editorial and sound (foley vos, scratch etc). You might be renting, buying or hiring crew with their own equipment. Accommodation might need to be paid for several cast and crew. On low-budget films, you can ask actors to bring their own clothes, but it would be ideal to have copies for lead roles. During post-production the costs will vary depending on genre and if any computer effects are needed. For low budgets and student films, you will be able to get away with more, especially if you have a small crew. On larger film sets it is the, For instance, perhaps you are hoping to make a, As such, your desired outcome for your film can help determine what range of budget you need when you fill out your, Some questions you need to consider are - How are you hoping to fund your film? However, if you are an independent producer (or don’t have a software budget), you can do this for free. "The Blair Witch Project" is famous for being shot on only $25,000. On many sets, the editor or assistant editor will be cutting footage alongside the shoot. And how much time are you willing to spend acquiring that funding? Of course, we don’t know everything and if there are any areas you wish to expand upon, or tips for budgeting you wish to share, please do so in the comments section. Costume – Every actor appearing in your film will need costumes bought or made for them. What about average cost of location? Locations – Obtaining and gaining permission for locations can be expensive. Transport and Accommodation – You will need to pay for any transport costs of cast and crew. Multiple drafts of the budget may be required to whittle down costs. In the lead-up to purely.capital’s launch, we’re working together on a few articles to shine a light on the financial side of independent film. A script breakdown sheet doesn't always account for this. Determine how many pages you will be shooting each day, and, You can find our more detailed advice for, Now that you have an idea of how many days you will be filming, you can begin to break down your film production budget. It's 100+ pages on what you need to know to make beautiful, inexpensive movies using a DSLR. Film Budget Breakdown On a professional film set, it’s the line producer or production manager who prepares the film budget. Simply list all crew and multiply their salaries by the number of production days. © 2020 NONETWORK, LLC. First up, we collated a dataset of 107 budgets, ranging from micro-budget movies right up to Hollywood studio tentpoles, to give you a sense of how budgets change as they increase. So how can you break put from the pack and get your idea onto the small screen? Some straight to television and one-off shows with a budget of at least $500,000 are also considered. Cast Members are one of the first elements you categorize on your script breakdown template. To figure out how much all of these elements cost you will need to do some research. Also, keep in mind that some scenes such as dialogue scenes will be a lot easier to shoot than stunt sequences. Check your scene breakdowns for stunts and special effects, marked in your script breakdown software’s colors of choice. On larger film sets all expenses will be covered, on low-budgets, you will need to discuss fuel expenses with crew before production. Your crew will be able to help guide you on what they will need to be hired and sourced. – Depending on your genre you might have a large budget towards make-up. You also now have an estimate of how many days of filming you need for each actor. They will do this by using software such as Movie Magic Budgeting, StudioBinder, Celtx or Gorilla Budgeting. Their films and music have won numerous festival awards and have been featured by such outlets as TIME, USAToday, SPIN, Curve, Starburst, Famous Monsters, Sci-Fi, and Fangoria. Typically screenwriters get 2% of the film's production budget, their payment will need to be negotiated before you start work on the film. Start by jotting down the number of days you need for each actor in your, How much are you going to pay your actors? During the early stages of pre-production, your budget breakdown is an estimate, you can re-draft later with the help of your crew and production staff. Subscribe to receive the free PDF! Now you have a basic layout of how many days you will be shooting, how many actors will be needed, and what crew you are going to hire. – Your editor's wage will likely be the largest cost during post-production. No matter what your budget, there is always one constant: creating a budget for your film should surely guarantee that every dollar will be spent wisely. As with most production tips, there is no simple, quick formula for stunts and effects. The bulk of your budget (unless you are shooting a CGI heavy film), will go towards the production costs. One writer may simply say, “Frederick transforms into a wolf,” while another may describe each stage of that transformation in great detail for pages. Then there is self-distribution, you may wish to organize your own cinema screenings or DVD sales. This can be re-drafted as you get closer to production. To break down your script first list all of your scenes then next to them list their locations and a brief description of the action taking place in each scene. It's easy to spot on our script breakdown template. At the very least you need to be honest with your crew on what they should expect in terms of working hours and breaks. Film budgeting, of course, is one of the most crucial aspects of the film process. You will also need to make sure you have high-quality sound equipment. Depending on the project, story rights may also need to be obtained (for example, if you are making a film based on an adaption of a book, video game, or play). In short, the more experienced the producer the more they will charge. They also tend to have higher wages than the rest of the crew and need to be hired during early pre-production. On larger film sets all expenses will be covered, on low-budgets, you will need to discuss fuel expenses with crew before production. Budget Domestic Gross Worldwide Gross; 1: Apr 23, 2019: Avengers: Endgame: $400,000,000: $858,373,000: $2,797,800,564: 2: May 20, 2011: Pirates of the Caribbean: On Stranger Tides: $379,000,000: $241,063,875: $1,045,663,875: 3: Apr 22, 2015: Avengers: Age of Ultron: $365,000,000: $459,005,868: $1,396,099,202: 4: Dec 16, 2015: Star Wars Ep. It’s likely there will be several re-drafts of your budget during the making of your film. Here are some articles pointing out some of the more common problems you’ll … Also, keep in mind the larger the crew, the slower the shooting days can become. On larger film sets it is the line producer or unit production manager who prepares the film's budget, and to do this they may use film budgeting software such as Movie Magic. The cast salaries in this budget are non … Effects-heavy sequences are not. Download your FREE ​Film Budget Template below.Just enter your email address and we'll instantly send it to you! Do they require second unit camera teams? – Your director is the creative force and vision behind your film. If your script requires it several supporting artists may also be needed. Creating a budget breakdown, and revising that breakdown throughout the filmmaking process will help keep your expenses under check. Create breakdown summaries and DOOD reports in a snap. A typical film production day is 12 hours long, for overtime you will need to pay additional wages. On low budgets, this can be done cheaply by having friends help out. Television series and independent feature films can apply for 25%, but their budget … This brings us back to the last section, you need to decide what type of film you are hoping to make, and what type of filming experience you want to have. But on independent films, the director might execute this task. Under this contract, actors must make a SAG day rate of $630, or $2,190 per week. A properly constructed budget will allow you to look critically at all of your departments, which in turn provides you with much needed clarity on critical decisions that need to be made throughout the process. Complex sequences are often written in different ways. Welcome to FilmBudget.com. Count background actor days by doing a count of where they’re featured on your script breakdown sheet (template), with each strip multiplied by the number of actors. Feature film production; Independent films; Low-budget films; Pre-production of the film; Post-production of the film; Short films; It’s essential to plan the budget for the film ahead of time. Such as photography for the film's movie poster, or to shoot some interviews to be used in marketing. Also the costs of gear rental can add up to a big price tag. Your email address will not be published. In general, the more days of filming the more your film will cost however, a larger budget will attract more experienced crew and arguably the more professional your film will look. These will depend on your budget and scale of your production. You will need to reimburse make-up artists for the cost of any specialist make-up (such as fake blood). Feel free to take a look at where we put our money, at least on paper, to give you an idea of where you should allocate funds in your own film’s budget. 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