Graduates from a Film Studies program have a new opportunity in film & video production. Needless to say, with every opportunity comes a challenge – and in cases like this, the challenge is to find financing for your, or your employer’s, projects.
With all the introduction of digital equipment the scope of film & video production has widened. The standard Hollywood styled film production is not the only real path to an occupation for film graduates. You can find a plethora of opportunities in audio and visual applications throughout business, government as well as the entertainment industry. Which means Chance of the keenest graduates to generate their particular film & video projects, or even to land probably the most interesting positions with leading film & video production companies.
Financing has been a dirty word for years within the film industry. The ‘Blue Suits’ as well as the cold heart in the banker are synonymous with the enemy from the creative. However, in this new era of opportunity you need to be both ‘Blue Suit’ as well as the creative.
How can you find a way to learn about film financing, film budgeting, etc.? First let’s examine Film Studies programs. There are so many Film Study programs around since I discover it confusing, and I’ve worked within the film industry for over twenty years. The Universities take a Liberal Arts degree strategy to their curriculums, as well as the Colleges/Schools are primarily getting a hands-on technical approach. In any case, it really is unarguable that Film Studies is very large business. These excerpt from The New York City Times Company, published
March 6, 2005©, caused it to be clear in my opinion how big kjammedia actually is:
“Some 600 universites and colleges in america offer programs in film studies or related subjects, a number which includes grown steadily over the years…. At the University of Southern California, whose School of Cinema-Television is definitely the nation’s oldest film school (established in 1929), fully 50 % of the university’s 16,500 undergraduate students take a minumum of one cinema/ television class.”
Which College, School or University will best prepare the graduate for a career in film & video? When a student has invested 2 to 4 numerous years of their lives in this particular degree, how could they convert it into a worthwhile career?
Let’s see exactly what the Universities say with regards to their own programs, and the sort of results they expect – that is certainly, exactly what the Graduate will likely be capable of when entering the task force. This promotional letter, posted on one University’s website, says everything:
“An important in Film Studies is not an occupational or professional degree. A solid program of studies within this discipline, however, should qualify a student for a variety of vocational possibilities. Obviously an individual will need to employ their understanding of film either in a creative or a practical capacity and, in either case, exercise the judgment and initiative that a rigorous search for a significant in Film Studies should develop.”
Using ‘should’ twice in three sentences tells the history – it’s your decision, 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 MONEY! When the word money is brought up at all, it’s only a handshake as well as a nod. Most undergraduate programs have hardly any mention of Film Budgeting, and such things as Cost Reports and Business Plans are treated as foreign topics entirely. The Masters programs are only slightly better.
The reason behind the void of information on things such as Film Budgets, Cost Reports, etc. in the academic sector comes from the large 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 get 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 brand new crop of Independent Film & Video makers intend to make their particular projects, find nanuxb own financing and do their own film budgeting and reporting of production costs. It is actually even increasingly feasible for producers to distribute their particular projects over the internet.
Trust me, the film school graduate who has a comprehensive understanding of their Film Studies program, AND understands the basic processes of Film Budgeting, Cost Reporting and Business Plans, is light-years in front of the pack. A film studies graduate who are able to help make a financing package (that is certainly, assistance to create a Film Budget as well as a simple Business Plan) would absolutely blow away any Independent Film & Video Production company. Can you imagine a completely independent Producer who wouldn’t Want to have assist with preparing and presenting a financing package?