Budget And Contract

The production contract, the agreement between you and those who are giving you the money to make the film, formalizes the terms under which the film is to be made. It is usually drawn up, on the basis of your proposal, before the script is written. However, many organizations prefer to pay for a script and then, if they like it, commit themselves to the actual production. For the sake of convenience, I am assuming your sponsor is of the first type, that they like the proposal, and that they want to proceed with the film.

So far, you have probably only discussed money in very vague terms. But now that you are going to sign your life away in a formal agreement, you must carefully budget the film; otherwise, your contract may not provide sufficient money to make a decent film according to the approved script.

In reality, you will have thought about the production budget, at least in a general way, from your first moments in considering the film. But now is the moment of truth. My own procedure is as follows. First, I draw up a detailed production budget trying to cover all contingencies from which I get a sense of the cost of the film. With that figure in mind, I deal with the formal draft production contract, arguing terms and conditions. Because I have a very concrete idea of the needs of the budget, I am now much less likely to make mistakes in the terms I require from the sponsor.

Film Making

Film Making

If you have ever wanted the secrets to making your own film, here it is: Indy Film Insider Tips And Basics To Film Making. Have you ever wanted to make your own film? Is there a story you want to tell? You might even think that this is impossible. Studios make films, not the little guy. This is probably what you tell yourself. Do you watch films with more than a casual eye? You probably want to know how they were able to get perfect lighting in your favorite scene, or how to write a professional screenplay.

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