Graduates from the Film Studies program use a new opportunity in film & video production. Of course, with every opportunity comes a challenge – and in this case, the challenge is to look for financing for your, or your employer’s, projects.
With all the development of digital equipment the scope of film & video production has widened. The usual Hollywood styled film production has stopped being the sole way to an occupation for film graduates. You will find a plethora of opportunities in audio and visual applications throughout business, government and the entertainment industry. This means Chance for the keenest graduates to generate their very own film & video projects, or to land probably the most interesting positions with leading film & video production companies.
Financing is a dirty word for a long time inside the film industry. The ‘Blue Suits’ and also the cold heart of the banker are synonymous with the enemy from the creative. However, in this new era of opportunity you need to be both the ‘Blue Suit’ and also the creative.
How will you find a way to learn about film financing, film budgeting, etc.? First let’s take a look at Film Studies programs. There are so many Film Study programs available given that I discover it confusing, and I’ve worked in the film industry more than twenty years. The Universities take a Liberal Arts degree method of their curriculums, and the Colleges/Schools are primarily taking a hands-on technical approach. In any case, it is unarguable that Film Studies is very large business. The following excerpt through the New York Times Company, published
March 6, 2005©, caused it to be clear in my opinion how big variety.com is really:
“Some 600 universites and colleges in the usa offer programs in film studies or related subjects, a number which includes grown steadily over the years…. On the University of Los Angeles, whose School of Cinema-Television is the nation’s oldest film school (established in 1929), fully half of the university’s 16,500 undergraduate students take at least one cinema/ television class.”
Which College, School or University will best prepare the graduate to get a career in film & video? In case a student has invested 2 to 4 many years of their lives within this degree, how can they transform it into a worthwhile career?
Let’s see what the Universities say with regards to their own programs, and the sort of results they expect – which is, just what the Graduate will likely be able to when entering the job force. This promotional letter, posted using one University’s website, says everything:
“A significant in Film Studies is not an occupational or professional degree. A solid program of studies within this discipline, however, should qualify students for many different vocational possibilities. Obviously a person should employ their knowledge about film either in a creative or even a practical capacity and, in either case, exercise the judgment and initiative which a rigorous pursuit of a major in Film Studies should develop.”
The use of ‘should’ twice in three sentences tells the tale – it’s up to you, Bud!
Film Studies programs (at any level) either don’t address, or don’t address strongly enough, the main force behind all film and video production – the amount of money! If the word cash is brought up at all, it’s merely a handshake along with a nod. Most undergraduate programs have hardly any mention of Film Budgeting, and things such as Cost Reports and Business Plans are treated as foreign topics entirely. The Masters programs are only slightly better.
The explanation for the void of information on such things as Film Budgets, Cost Reports, etc. inside the academic sector comes from the major Hollywood production machine. The perpetual negotiations using the three big guilds (SAG, DGA and WGA), along with with all the IATSE & Teamster crew unions has forced the producing studios to be extremely confidential.
That era of total confidentiality isn’t over, nevertheless there is a huge demand to find out a little more about film financing, film budgeting, etc. The new crop of Independent Film & Video makers need to make their own projects, find nanuxb own financing and do their very own film budgeting and reporting of production costs. It is actually even increasingly easy for producers to distribute their particular projects on the internet.
Trust me, the film school graduate who may have a thorough comprehension of their Film Studies program, AND understands the essential processes of Film Budgeting, Cost Reporting and Business Plans, is light-years in front of the pack. A film studies graduate who can help create a financing package (that is, help to create a Film Budget and a simple Strategic Business Plan) would absolutely blow away any Independent Film & Video Production company. Are you able to imagine an unbiased Producer who wouldn’t Like to have help with preparing and presenting a financing package?