FILMMAKING STUFF Filmmaking Stuff is a resource for independent filmmakers, including articles on independent film finance, screenwriting, production, movie marketing and film distribution, as well as interviews with Hollywood producers, movie directors, screenwriters and other filmmakers.

Progress through the eyes of a space man. Somehow this relates to filmmaking. Image via Wikipedia

So you want to produce an independent movie? Great. I think this is the best time in history to finally make your indie movie.

Why? Let me provide you with 3 uplifting reasons to help you make your movie now:

1. First, the cost of production has gone down dramatically for micro-to-low budget movies. These days, technology provides ways to get more bang for your buck. You can make your movie look super expensive, add some kick-butt FX and also get an awesome, high resolution image.

Assuming you’re super crafty, stuff that once cost millions can be done for under 10K.

2. Secondly, once you complete principal photography, you can complete your entire post product with the power of a laptop. To give you newbies some perspective – nearly a decade ago, you would originate your content on film, not HD. After that, you would then pay to have the film processed, color corrected, transferred to video, edited and then transferred back to film. You would also handle your sound design in much the same way. (And to really give you perspective, I had to physically “cut” my film on something called a flatbed editor.) UGH.

Anyway – today you can walk to your local Mac store and get a laptop and software that does this for you.

3. And finally, once you have a polished, finished movie, getting your work to the world is much easier. With some good internet marketing and the use of social networking tools, you no longer need a middle-man to get a return on investment. And while digital self distribution is still rough, we are only a few years away from VOD becoming the norm.

Anyway, I hope you are totally jazzed about making your movie. Sometimes self doubt and procrastination can really get in the way of good ideas. If you can help it, don’t let it. Please keep pushing forward. Believe me, there are many people out there making movies and making money making movies that are far less talented than you.

Just believe in your ability to make your movie now. Trust me, when you get to the other side you’ll wonder why you waited so long!

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Posted under Filmmaking

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.

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Posted under Distribution