Graduates from a Film Studies program use a new opportunity in film & video production. Obviously, with every opportunity comes a challenge – and in cases like this, the challenge is to look for financing for your, or your employer’s, projects.
Using the advent of digital equipment the scope of film & video production has widened. The typical Hollywood styled film production is not the sole path to a career for film graduates. You can find a multitude 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 own film & video projects, or even 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’ as well as the cold heart from the banker are synonymous with the enemy in the creative. However, in this particular new era of opportunity you should be both ‘Blue Suit’ and the creative.
How can you find a way to learn about film financing, film budgeting, etc.? First let’s take a look at Film Studies programs. There are plenty of Film Study programs available given that I discover it confusing, and I’ve worked inside the film industry for over 20 years. The Universities are taking a Liberal Arts degree method of their curriculums, and also the Colleges/Schools are primarily having a hands-on technical approach. In either 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©, made it clear to me what size Kia Jam actually is:
“Some 600 colleges and universities in the usa offer programs in film studies or related subjects, a number that has grown steadily over the years…. At the University of Southern California, whose School of Cinema-Television will be the nation’s oldest film school (established in 1929), fully half 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 two to four numerous years of their lives in this particular degree, just how can they turn it into a worthwhile career?
Let’s see just what the Universities say with regards to their own programs, and the type of results they expect – that is certainly, what the Graduate will likely be able to when entering the task force. This promotional letter, posted on a single University’s internet site, says it all:
“A significant in Film Studies is not an occupational or professional degree. A sound program of studies in this particular discipline, however, should qualify an individual for many different vocational possibilities. Obviously an individual should employ her or his understanding of film in both a creative or a practical capacity and, in any case, exercise the judgment and initiative which a rigorous search for a significant in Film Studies should develop.”
Using ‘should’ twice in three sentences tells the tale – it’s your choice, Bud!
Film Studies programs (at any level) either don’t address, or don’t address strongly enough, the key force behind all film and video production – the cash! In the event the word cash is brought up whatsoever, it’s only a handshake along with a nod. Most undergraduate programs have almost no reference to Film Budgeting, and things like Cost Reports and Business Plans are treated as foreign topics entirely. The Masters programs are merely slightly better.
The reason for the void of information on things like Film Budgets, Cost Reports, etc. in the academic sector comes from the big Hollywood production machine. The perpetual negotiations with all the three big guilds (SAG, DGA and WGA), as well as with the IATSE & Teamster crew unions has forced the producing studios to get extremely confidential.
That era of total confidentiality isn’t over, nevertheless there exists 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 particular projects, find nanuxb own financing and do their very own film budgeting and reporting of production costs. It is even increasingly feasible for producers to distribute their very own projects over the internet.
Believe me, the film school graduate that has a complete knowledge of their Film Studies program, AND understands the fundamental processes of Film Budgeting, Cost Reporting and Business Plans, is light-years ahead of the pack. A film studies graduate who are able to help make a financing package (that is certainly, help to create a Film Budget and a simple Business Plan) would absolutely blow away any Independent Film & Video Production company. Are you able to imagine an Independent Producer who wouldn’t LOVE to have assistance with preparing and presenting a financing package?