![]() ![]() Then you need to calculate the days you're planning to be shooting, maybe a few extra days, if any pickups are needed or prep days are required. For big productions with a large film budget that intends to hire famous actors, their managers will most likely negotiate their rate. Keep in mind that most actors will be getting paid by the recommended union rates, so you can also use these as guidelines. ![]() It's up to you to decide (potentially negotiate) how many actors you need and how much you will pay them. So, having a distribution plan before making your film would be ideal. However, suppose you're an independent filmmaker you don't want to be caught with your pants down when the bank comes knocking (neither literal nor figurative). In most film budget templates, the distribution costs of a film are not included. This final category includes costs related to the advertising and distribution of the movie. Your movie might not need that much editing, or it might need even more. Another three to five hours for revisions, colour, and minor effects – this is an overall estimate, however. ![]() In general, it's reasonable to state that you can plan to budget three to five hours for rough editing of five pages of a script. You need to calculate the amount of time and resources needed for post-production and editing. Ideally, you hire your editor in advance, even during the pre-production stage. During post-production, the costs will vary depending on genre and if any computer effects are needed. The post-production category includes everything related to the post-production process. Remember, the larger the crew, the slower the shooting days will become. The size of your movie budget determines how big a team you can afford to have. When thinking of hiring the rest of the crew, consider additional prep time for each role during pre-production. Almost everything is managed in this category: locations, permits, camera, grip, production design, costumes, catering, transport and accommodation, etc. Production costs (Below-the-line)Īll production costs, equipment and below-the-line labour are accounted for in this category. Depending on the film, story rights may also need to be obtained (for example, if you are making an adaptation of a Nicholas Sparks book). Screenwriters, producers, director and DOP, are, for instance, included in this category. This category includes development costs, talent, and crew involved in the development phase. ![]() Typically, a movie budget divides into four categories.Įach category represents a stage somewhere in pre-production, production, post-production and distribution. Having at least an idea of how many production days you need will help a great deal with your film budget planning. In contrast, the high-quality movies usually only get 5-10 (why do you think Avatar 2 hasn't been released yet?). And, how fast will you be filming? Low budget movies will typically be able to do around 20 or more short per day. So, try to estimate how many days you'll shoot.Ĭonsider how many hours per day you and everyone else will be working (10-12 hours per day with a one-hour lunch break is standard in filmmaking). Next, the location you're planning to shoot them at – this together with a brief description of dialogue and the action taking place in each scene. To do a script breakdown, you first need to list all of your scenes. You might not have the production entirely planned out yet, but that's okay you can still make a rather detailed and accurate film production budget – through your script breakdown. Now, let's get to how you do a production budget. When breaking down your script (we'll get to that), you'll see that different elements in the movie budget are not considered equally important depending on genre.Ī horror film will most likely spend more money on makeup than a documentary, for example. Consider genre in your production budgetĭoing a film budget should fit your film like a tailored suit (the Kingsman kind). However, whether you're joining the justice league or keeping to your DIY venture, you need to plan out a budget for your production. As these two types of productions are pretty different, you will need to consider different aspects of your film budget. Perhaps you're looking to create an Indie film with a micro-budget, or maybe you're counting on casting all the Avengers and get on the Hollywood screens. The filmmaking budget will highly depend on your answer to this question. In every filmmaking project, big or small, lies the task of breaking down your production costs.īefore we start on all the fundamentals of doing film budgeting effectively, however, be sure you know the answer to the question: What type of film am I making? ![]()
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