Sell Your Movie For Maximum Profit

If you’re already a seasoned feature filmmaker, take a moment and think back: Do you remember when the idea of making movies seemed like a far away dream?

Do you remember when you first got the idea for your movie? Do you remember Your first day of production? Do you remember your first screening and how well everyone loved your work?

That happened to me with my first feature. Like you, I thought our movie would get into Sundance, play well, build buzz and if we were really lucky, we had hoped the movie would garner us a 3 picture deal. But that didn’t happen.

Sure, we got some offers, but they were not “deals.” (A deal actually pays money!)

So instead of exchanging our movie for an empty promise, we decided to try selling our movie on the internet. Little did I know, this one decision has changed the course of my movie making life. That was five years ago…

And since that time, the internet as evolved. If you’re a filmmaker with a movie, you need to get it selling in all the popular internet marketplaces, including Amazon and iTunes.

You don’t need a middle-man to make this profitable. I am going to show you my internet marketing secrets…

You can check out my “How To Sell Your Movie” system by visiting the website here.

Posted under DISTRIBUTION

Filmmaking For a Living

Hollywood Sign

Image via Wikipedia

As a filmmaker, you are expected to make a product (your movie). The money invested to create your product should be less than the eventual sales of your product. If you can not figure out how to achieve this goal, you do not have a business. You instead have an expensive hobby and probably a good demo reel.

There are a lot of filmmakers who attempt to raise money without first considering how their movie will recoup the initial investment. These filmmakers say things like “I have a vision” or “I’m going to make this for the love of filmmaking. Then I’ll get into festivals, get noticed and garner a great distribution deal!” And while it is true that passion, tenacity and blind optimism play an important role in getting your movie produced and seen and hopefully sold, this alone is not enough to drive the masses to your screenings.

This happens in Hollywood all the time. A filmmaker creates a typical business plan that focuses on film festivals as the most viable distribution strategy. And played out, the filmmaker gets the money, hires a crew, makes a movie and then enters the festivals. But months after wrap, well into the festival circuit, these filmmakers realize that the market has changed. The days of awesome DVD acquisitions deals and huge upfront advances are over. And when the last frame flickers off the silver screen, these filmmakers take their dashed-dreams back to their day job.

The veterans of the industry tell us that all this distribution deal disappointment is a result of improved technology. They optimistically tell us that our lost DVD revenues will be recouped by Video On Demand. Some refer to this as simply a market correction, implying that someday, somewhere, someone will figure out how to once again pay the big bucks for movies. But this is a pipe-dream.

Here is the flaw. Most filmmakers depend on DVD distribution for a return on investment. And with deteriorating DVD sales channels, filmmakers are currently left with iTunes, NetFlix and Amazon as the most prominent VOD sales options. My question is this. Who on earth is going to pay a major advance to get your movie into a marketplace that YOU can easily access without the middle man?

This approach to the marketplace changes everything. Your business is no longer dependent on production and capital gains. Nope. These days, the focus for the filmmaker lies in creating multiple streams of movie income over the long term. And if you want to make a living making movies, you need to realize that your libary and the subsequent auidence you source (over your career)  are your major assets. And as a result, your most important filmmaking focus (aside from doing good work) is to acquire and keep a customer.

Like it or lump it, filmmaking has become a small business. The same rules now apply.

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Jason Brubaker is a Los Angles based independent filmmaker and an expert in Video On Demand distribution. If you are one of the many filmmakers seeking movie distribution, you might want to check out The Independent Producer’s Guide To Distribution.

Posted under FILM FINANCING

Can YOU Answer These Filmmaking Math Questions?

Question mark

Image via Wikipedia

A few weeks back, I came to the realization that selling movies on the internet was no different than any other kind of eCommerce. So using the same forumlas I utilize to market my Action Packs, I plugged some numbers into an internet marketing ROI calculator.

I did this because the prospective investors in my life often ask how their money will be spent and recouped. Given the discriminatory nature of traditional distribution, I wanted to see what it would take to make internet distribution a viable sales channel. So I started crunching numbers with one assumption – if filmmakers can make the numbers work for each project, filmmakers would no longer have to rely on the glaringly flawed: “Gee, I sure hope we get into a film festival and garner a great deal” distribution strategy.

That strategy is a lottery. Not an investment. And it’s outdated.

So I got down to business and crunched some numbers. To my delight, I found some answers – but after publishing my article on internet movie distribution, many people kindly wrote to tell me that my numbers are incredibly unrealistic (and that is putting it nicely.) And I totally agree.

Looking at my results, it became quite clear that recouping even a measly 1M dollar budget by selling $20 dollar DVD’s in Amazon, relying solely on Pay Per Visit advertising  at  $.05 cents a visit, while, at the same time crossing our fingers for a 1% conversion would require that, firstly – you would need to sell 100,000 units (which allows for a 50% marketplace fee). And secondly, assuming a 1% sales conversion, to get these numbers, you would need 10,000,000 site visitors, visiting your website. (Yes, ten Million people) – which WE ALL AGREE is outlandish!

But in all of the debate, despite the negative responses, and the haters who took special care in hating me, and the seasoned producers who took meticulous care in ignoring the math and instead, decided to point out my spelling mistakes and poor use of grammar – Despite all the backlash – very few people (OK, pretty much nobody) even tried to offer a better solution.

So I decided to provide YOU with the chance to save the independent movie industry. If YOU can answer the following questions, you will help push indie filmmaking into the next era. In fact, YOU will help us make indie filmmaking a profitable business.

Are you ready to change the world of independent filmmaking forever – for the better? Here is your chance!

Here are the MAJOR Filmmaking Math Problems:

  1. With no promise of a traditional distribution deal, how do filmmakers justify a budget large enough to pay freelance day rates, while at the same time project enough direct DVD and VOD sales to recoup the initial investment?
  2. And assuming only 1% of your website visitors buy your movie, then how many people must visit your website so that 1% recoups your initial investment? (Don’t forget to include marketplace costs.)
  3. How much will this cost in advertising?

The Formula:

To possibly help you,  I provide my formula (below) in hopes someone with more math experience can test and tweak until this starts to make sense. Here is what I have so far:

Movie Internet Marketing Formula

U = Unit Sales Goal.
A = Amount you pay advertiser per website visit.
C = Projected conversion percentage rate.
X = Number of Visitors Needed.

(X)C = U
EQUATES TO: X= ?
THEN:  X(A) = ?

–>Thank you. Please click here if you would like to comment or offer your own formula and results for the world to see!

Posted under DISTRIBUTION, FILM FINANCING

Modern Moviemaking Manifesto

Independent Filmmaking by Jason Brubaker Modern Moviemaking ManifestoThe problem with traditional independent filmmaking is the ever growing gap between investment dollars and a filmmaker’s ability to recoup the initial investment. This is nothing new. Independent filmmaking has always been a risky business. And we freely share this with any prospective investors, usually stating: “filmmaking is risky and you will most likely never see a dime.”

While these types of disclaimers have always been transparent and accurate, filmmakers could often counter this objection by getting investors to focus on the misguided idea that the movie might get into Sundance. The movie might garner ginormous buzz. And if you’re really lucky, the movie might sell to the highest bidder! The benefit of investing in independent movies wasn’t the promise of a solid investment. Rather the driving force behind investment dollars was the chance of winning instant fame, fortune and a never ending supply of coolness.

Many filmmakers still hold this dream close to heart. But the realities of the independent movie business are sobering. Out of the gazillion movies made each year, only a few get into a major film festival. And out of those movies, very few garner a deal worth mentioning. Adding to this problem is the ever prevalent demise of DVD sales channels, resulting in filmmaking becoming less profitable and less cool than it once was. And as a result, the “invest in my movie because it’s an awesome business” pitch is no longer believable.

Technology is also changing independent moviemaking. For two-thousand dollars, every filmmaker can now grab a camera, shoot a feature and compete for virtual “shelf space” in iTunes, Amazon, Netflix, Hulu and most of the many VOD outlets. In the context of business 101, this means that our high quality, expensive goods (our movies) are now competing with cheaply produced goods of a somewhat comparable quality. And if we were in the widget business, this would mean massive layoffs are in the near future. Or to put it another way, our old way of making movies no longer fits the marketplace.

This of course raises the question: How do we make independent moviemaking profitable (and fun) again?

A lot of people have solutions. One that is gaining popularity is the idea that filmmakers should hire someone to cover the marketing and distribution of the movie from day one. In this sense, filmmakers can focus on making the movie while the marketer can focus on the marketing, social media and list building duties. In this regard, instead of trying to find a traditional distribution deal, complete with a cash advance, you get enough people to know you and know your movie from day one. And once your mailing list (or community of followers) reaches a certain mass, you will hopefully sell enough copies of your movie to recoup your investment.

When I think about how this idea of community applies to my own filmmaking, I always think about my mom. Would she join a community just to follow a filmmaker? Would she buy the tshirts and pay five dollars in a crowd funding, financing pool to earn an associate producer credit? Would she tweet about my movie project? Maybe. But the last time I checked, she just wants to come home from work, sit down on the sofa, relax and watch something without complication.

I know my mom does not fit the same target, tech savvy demographic as most modern moviemakers, but I use her as an example because my mom, as well as my friends who aren’t in the business, as well as strangers I see on airplanes (prospective customers) – most of these folks aren’t looking to go out of their way to watch a movie. They just want to watch a movie in the most convenient way possible. And if their iPad or iPhone is convenient at the moment, fine.

That said, I do agree that modern moviemakers need to build a targeted audience list and grow community around individual movie titles – Everyone fits into some kind of demographic. And everyone wants to be part of something. And many folks aren’t even conscious of this. But building community around your project is easier said than done. The reality is, it will take tremendous efforts to make the metrics work, begging the question: How much must a community grow to support a movie budget of at least one-million dollars?

One-million dollars is not a lot of money in terms of traditional indie filmmaking budgets. And if we assume all traditional distribution will eventually be replaced by some form of VOD, then as a filmmaker, business success really comes down to three economically focused questions:

  1. Who is your movie’s target audience?
  2. How will you reach your target audience?
  3. And how many VOD downloads does will take to recoup the initial investment?

If you can’t answer these questions, then you know from day one that your odds of success are dramatically decreased. Without a defined market or an established sales channel, it is difficult to justify financing, which makes it very difficult to pay cast and crew, which makes it difficult to produce a movie.

Assuming you can answer these questions, the problem is still economy of scale. If you can’t reach the masses (or reach enough people willing to pay for what you’re selling), how will you ever recoup your initial movie investment? And if you can’t figure out how you’re going to recoup your budget, two things have to change:

  1. Filmmakers will need to make smaller movies.
  2. Filmmakers will need to pay cast and crew less money.

At first thought, neither of these options seems to make independent movie making profitable (or fun) – which is why people keep creating solutions without first scrutinizing the traditional filmmaking paradigm. As a result most current solutions fail to fully SOLVE the indie producing for profit problem – Which prompted me to share my own solutions.

What I’m about to share is the official Jason Brubaker solution for saving the independent movie industry. And it has a name. I call this philosophy…

“Modern Moviemaking.”

Admittedly, I should have added some shazam to my idea and called it Filmmaker 5.0, or Dogma 2010 – but coining phrases is not my strong suit. Rather I want to join the other filmmaker thinkers and focus on a workable solution. Additionally, I’m just like you. I’m a filmmaker, passionate about making movies. But at the same time, I want to help us figure out a way to make a living making movies.

So this movement is your movement. Should you choose to participate in this brave new modern movie making world, there is one solid, economically viable way to make movies profitable again. And it will require that you adopt a modern moviemaking paradigm. So are you ready to join the modern moviemaking movement?

Modern Moviemaking Manifesto

  1. Modern Moviemakers will think of movie making in ways akin to how entrepreneurs think of start up companies. Instead of raising investment dollars for just one title, Modern Moviemakers will create a mini-studio, complete with research and development, planning, production, marketing, distribution and sales under one roof.
  2. Modern Moviemakers will focus on producing a slate of at least five genre specific movies. These movies will be created inexpensively and will be delivered to the audience via ALL popular VOD marketplaces.
  3. Instead of paying freelance day-rates, Modern Moviemakers will put crew on a salary, with benefits. Everybody in the company will own equity in the company. So in this regard, someone who owns 10% in company stock will get 10% of all movie profits. This will supplement crew salary with an ongoing, lifelong stream of income.
  4. Modern Moviemakers will work to grow our community (and customer base) bigger. And over time, our fans will begin to know us, know our company and celebrate our work. Only in this way will we eventually reach mass great enough to increase ongoing revenue through multiple streams of movie income.
  5. Modern Moviemakers focus on muti-title diversification, with the goal that multiple movie titles build enough buzz to create long term, sustainable revenue. In this regard, we can begin to focus on creating entire library instead of just depending on one title to support our career.

There is no fee to join the Modern Moviemaking Movement. If you think it makes sense, just tell two or 3-5 of your closest filmmaking  friends about the Modern Moviemaking Manifesto.

To get the Modern Movie Making Manifesto, CLICK HERE

If you would like to listen to the Modern Moviemaking podcast, CLICK HERE

I look forward to making movies for life. I hope you’ll join me in the movement.

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Jason Brubaker is a Hollywood based Independent Motion Picture Producer and an expert in digital self-distribution. He is focused on helping you make, market and sell your movies more easily by growing your fan base, building buzz and creating community around your title.

To read more of his articles, check him out at: www.FilmmakingStuff.com

Posted under DISTRIBUTION

Are You Part of The Filmmaking Class?

Canon EOS 7D, front view.

The Cannon EOS 7D is changing the ways filmmakers make movies. Image via Wikipedia

Last week I had a debate with my buddy about filmmaking class. And no, I’m not talking about the classroom. But I am talking about social filmmaking status.

Basically the debate went like this: how do you decide what movies are “real” movies and what movies are “fake.”

(I know. Stupid debate, right? But if you read this, I’ll dispel a myth and forever end Hollywood movie snobbery. Promise.)

In other words, let’s say you’re a filmmaker and you decide to grab your Cannon EOS 7D and shoot a feature – how do you determine if you made a real movie or not?

ARE YOU READY TO LEARN THE DIFFERENCE BETWEEN A FAKE MOVIE AND A REAL MOVIE? Then here is the official Jason Brubaker criteria to determine if you created a “real” movie:

Does your movie make money?

If the answer is yes, you my filmmaking friend have a real movie.

“But there are no stars in your stupid movie that you made for 20K on a borrowed camera.”

“Yeah. But it makes more money than that Tom Cruise box office bomb.

Do you see where I’m going with this?

I don’t give a crap about the idiot Hollywood snobs who would much rather ignore you and your HD camera. And so what if you never worked with Spielberg or for that matter any “name” talent. And who really cares if some band of ivy league film school graduates spent their 30k making an 8 minute, 35mm short, when you decided to make a feature?

Seriously.

The only thing that matters is if your movie makes money.

Again, seriously.

You’re a filmmaker. If you want to be in business, you must create a product. Your product is a feature film. And if you happen to shoot your feature for no money, with limited locations, with scenes that are under-lit, starring no name actors – but you actually FINISH your feature film and you find your audience and they agree to buy your movie, guess what?

  1. First of all, you are what us business minded folks call “efficient.”
  2. Secondly, by keeping your overhead low, it will take less sales to recoup your initial investment.
  3. And most importantly, you have just created a REAL movie. You are a real, professional filmmaker.

So “F” any Hollywood snob that tells you otherwise. I mean, be nice – but seriously, tell em’ to take a hike. They are probably just worried about job security – and they should be.

Here is why:

Take a look at the ever eroding options for traditional distribution. There are more feature films than ever with better and better images for less of a budget. And very soon, the entire world will be flooded with high production valued content – the likes of which Hollywood has never encountered. (For a historical reference, read about how inexpensive product and cheap labor killed Bethalam Steel and compare this to what’s happening in Hollywood.)

So as a filmmaker, you now have a few choices:

  1. Wait around for someone to discover your project and give you a gazillion dollars – so that you can have a “real” movie that will play the festivals and probably end up on iTunes and Amazon.
  2. Move to Los Angeles, fetch coffee on various “real” productions so that you can one day make a movie that will probably play the festivals and guess what? End up on Amazon and iTunes?
  3. Or starting today, you can create a movie structured around your current cash and equipment and location limitations that will (this is the kicker) play the festivals and probably end up on iTunes and Amazon.

Do you see what I’m getting at? Theatrical distribution is not a viable outlet for independent filmmakers. And video stores are changing and becoming a less viable sales outlet for indie filmmakers. So where does this leave Hollywood filmmakers and you? You got it. The internet.

And yes, I’m once again referring to:

digital self distribution.

(Tell your filmmaking friends – it’s time to face reality.)

You see, for any business to survive, you need a product (or a service) and a group of people willing to recognize that the value of your product outweighs the value of their cash.

Your movie is your product. And thanks to innovations in both production and digital self distribution, there is really no difference between the dollars spent for “real” Hollywood movies or your movie.

And if you’re making a living doing what you love, who really cares if some idiot thinks your work is sub par? I mean, this debate never bothered Roger Corman, so why should it bother you?

Now the important question is – what does this mean? For that answer, I offer a FREE filmmaking book:

www.FreeFilmmakingBook.com

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Jason Brubaker is a Los Angeles based independent producer and an expert in digital self distribution. He makes movies and he writes about making movies. More of his articles can be found at www.filmmakingstuff.com

Posted under FILMMAKING

Sell Your Movie

Lasky's original studio, aka: "The Barn&q...
Lasky’s Original Studio, AKA The Barn –  Image via Wikipedia

If you’ve made a movie or you’re working to make your movie (and I hope you are), you might also be thinking about how you’re going to sell the sucker.

I mean, despite the fact that filmmaking is fun there is a business component to it. If you fail to think in terms of Return On Investment (ROI), then getting money for your next movie is going to be even more difficult than the first, for two reasons:

  1. You’ll need to worry about money to put food on the table.
  2. Your prospective investors will want to see your track record.

As a filmmaker, the other factor we have to consider is our initial budget. Go too high and the chance of return could diminish. Let me explain.

I’ve chatted with a few heavy-hitting friends in the industry (that I hope to interview soon) and there is talk about what I’m going to call the “no-man’s-land” of indie movie production. That is, there is a budget range from roughly 2.5M-10M that is becoming increasingly difficult to finance.

Tax credits and other deals aside – What I’m suggesting is due, in large part to changes in movie distribution and the subsequent challenge of generating enough revenue to recoup the initial investment.

Indie film financing was always a crap shoot – but take away potential sales channels and add the fact that technology now permits virtually anyone to make a decent looking movie and you can begin to understand why this is happening.

While I’m on the subject, I’m not just talking about the indie movies. I’m including studios as well. Thanks to the success of Paranormal Activity,  there is now word that Paramount is going to launch a micro budget division and begin to churn out movies under 100K.

From a business standpoint this makes sense. You invest 100K and you get 100M – That’s pretty good! (Understatement).  But from holy crap perspective, the ripple effect of a studio churning out no-to-low budget movies could potentially rip a hole in the ways Hollywood traditionally operates. (BTW, Paramount is not the first studio to attempt this. But thanks to VOD outlets and more digital projectors in theaters, what didn’t work at this budget level in the past could very well work now.)

Lets talk some numbers…

Traditionally, when movies are financed most people including grips, gaffers, craft services and other crew – they get paid on the front end as part of the movie’s budget. We can also include some agents, managers, lawyers, Teamsters, writers, actors – and mostly everyone else too.

On the micro budget level however, there isn’t enough money up-front to pay these folks what they were formally worth. So there are a few options. Hire less people. Hire non-union folks. And offer to pay Teamsters deferred pay with the added bonus of copy and credit. (I’m adding some humor here – but can you imagine Paramount trying to offer a Teamster deferred pay?)

Ok, so what does this mean for you and your movies? Well just look at the music industry. Recording studios and record companies took a nose dive. But that hasn’t stopped people from making music or making money making music.

Instead of asking some idiot in a suit for permission to make music, musicians can now find their audiences, build a following and sell their music… Without a middle man – globally. That’s pretty amazing.

The same wide open world applies to your movie. Do good work and people will notice. Do bad work, and well, you still have the opportunity to find the 20 people in the world who think you’re brilliant. And in terms of pay structure – I made a joke earlier about deferred pay. But I am not totally opposed to some well structured back end deals. I mean, 1/4th of 1% of 100M is – it’s nothing to sneeze at.

Of course, as we all know there is no guarantee that any movie project will make money. So for you and me and most indies, it will take roughly two years of hustle to churn out a movie that we can be proud of. For the studios, they are going to churn out micro-budget movies like widgets in a factory.  The odds of success, for both of us  – the indie filmmakers and the studio are getting closer equal.

And I think that is something worth celebrating.

Is anyone else excited about this? Please feel free to comment.

Posted under DISTRIBUTION