Watching movies may be one of the most relaxing things to do, but making movies can be one of the most stressful things to do, especially if you’re in charge of budgeting. So if you are planning a movie budget, or are a movie producer, or are just curious about how much movie making costs, you are in for a treat.
The truth is, you can make a movie with as little as a camera and a laptop or as much as four hundred million dollars. The range can be astonishing! And this is all because of the many factors of movie making.
One of the major factors in filmmaking is the type of film you’re trying to make. Sci-fi films are often said to cost the most because of the special effects, stunts, camera angles, and number of takes needed. Avatar, for example, is said to have cost 425 million dollars to produce! But it all paid off when it grossed two billion dollars in the box office.
Another factor to consider is the cast and crew that you’re going to hire from the pre-production to post-production stages of the process. The film director, for one, is paid up to 250 dollars an hour. Then there are camera crews, actors, and video editors to consider. And this is just the basic stuff. Major film productions also hire stuntmen, caterers, and so many other personnel that take care of the needs of the cast and crew.
The other major factors that affect the cost of a film production are the location, the rights to the script, and equipment. All these can make costs balloon and explode to the millions.
The bright side is that there are free and paid software applications that you can use to help you with your budget. Much better than that, you can get a tie up with a film company, like The Metro Films and let the producers curate your film budget for you!
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