Financial Constraints/ Newspapers

Financial Constraints 


Tips and advice for pre production: 
- Ensure your planning is 100% accurate before you start production process
- Development : script speaks to right audience, polished and approved (cannot be changed), budget meets the project need, script has been storyboarded 
- Planning: Talent is in place, crew positioning and aware of schedule, equipment in place, shot list available 
- Call sheet = culmination of all work done (timings of production) - separate by setups (crew,cast,location,details) 
- Contingencies (back up plan-plan b) : casting,clothing, weather etc
- Bonus checklist = gear reafy and in place,game plan,food for cast,lights camera audio ready, location locked down

Trainspotting - 1996

  • Budget = 3.5 million
  • Novel into movie - have to get screen rights (battle for rights of film)
  • Finance: got offered $250000 to film whatever project they desire - deal done for 2% of budget
  • Pre production takes 4-7 weeks 
  • Location Recce ( look at locations,planning premission) pre-filming visit to a location to determine its suitability for shooting
  • Set design (work closely with set designer - drawn version of set with existing location,makeup artists)
  • Props 
  • Costume 


Newspaper notes 
- Cannes prize-winners are among the few lower-cost productions that are guaranteed a berth in the modern cinema market.
- The number of domestic UK films costing from £500,000 to about £30m to make, such as T2: Trainspotting and Florence Foster Jenkins, fell from 77 to 60 between 2014 and 2015( lowest number made since 2006, according to annual figures published by the British Film Institute ) 
- Number of small to mid-sized budget co-productions, funded by mostly European producers fell from 37 to 30 – a level not seen since 2008.



-Movies which account for the lion’s share of the £1.6bn feature film market, remain rocksteady, with just under 20 films produced in 2015
-In the US the number of scripted shows being made annually has more than doubled since 2010 to more than 500 this year; Netflix recently revealed it has 90 original productions under way in Europe alone – Sky has 80 – and traditional broadcasters such as ITV and the BBC have upped their game. 
-Richard Johnston, chief executive of Endemol Shine UK, maker of forthcoming dramas including the BBC’s Troy and Sky’s Tin Star. “Most drama now is a minimum of £1m an episode and the quality and the experience is very high. And the way the market has changed means that is where a lot of the money and funding now is.”
-The BFI says the figure for inward production investment in TV, mostly from US companies such as Amazon, Netflix and HBO, nearly doubled from £252m in 2013 to a record of almost £500m last year. 
-The spend on UK domestic films dropped to £198m in 2015, the lowest level since 2007.



-BFI insists that the small to mid-budget film appears to be in decent health. It says that initial reporting shows that the number of domestic UK features being made in the first quarter this year (17) is the same as in 2016 and that there has been a 30% jump in spend to nearly £32m. 
-Netflix has made more original films then sky 
-Domestic uk films 

-Small to mid sized co production 
-hollywood studios 
-big budget dramas --> netflix/sky/bbc (competition)
-Uk film production companies to glossy dramas 
-Film production in 2017






Comments

  1. An excellent summary of The Guardian article.

    Please respond below:

    What do you think might happen to independent films with the recent rising popularity in TV?

    Miss C

    ReplyDelete
    Replies
    1. Thank you - independent film revenue will decrease with the recent rising popularity in TV as films will be less engaging to watch as netflix has released a number of series so will engage people more.

      Delete

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