Graduates from a Film Studies program have 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.
With all the advent of digital equipment the scope of film & video production has widened. The standard Hollywood styled film production is no longer the sole route to a profession for film graduates. You will find a plethora of opportunities in audio and visual applications throughout business, government and also the entertainment industry. Which means Chance for the keenest graduates to generate their own film & video projects, or land by far the most interesting positions with leading film & video production companies.
Financing has become a dirty word for a long time inside the film industry. The ‘Blue Suits’ and also the cold heart of the banker are symbolic of the enemy from the creative. However, within this new era of opportunity you have to be both ‘Blue Suit’ as well as the creative.
How will you find a way to find out about film financing, film budgeting, etc.? First let’s take a look at Film Studies programs. There are numerous Film Study programs around now that I discover it confusing, and I’ve worked within the film industry for over 20 years. The Universities are taking a Liberal Arts degree approach to their curriculums, and the Colleges/Schools are primarily taking a hands-on technical approach. In any case, it is actually unarguable that Film Studies is very large business. These excerpt from your Ny Times Company, published
March 6, 2005©, made it clear to me how large Kia Jam actually is:
“Some 600 colleges and universities in the United States offer programs in film studies or related subjects, a number which includes grown steadily through the years…. In the University of Los Angeles, whose School of Cinema-Television is the nation’s oldest film school (established in 1929), fully 50 % 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 two to four numerous years of their lives in this degree, how can they turn it into a worthwhile career?
Let’s see exactly what the Universities say about their own programs, and the kind of results they expect – that is certainly, exactly what the Graduate will likely be competent at when entering the task force. This promotional letter, posted on a single University’s web site, says all of it:
“A significant in Film Studies will not be an occupational or professional degree. A sound program of studies in this particular discipline, however, should qualify an individual for a number of vocational possibilities. Obviously someone will need to employ his or her understanding of film in both a creative or even a practical capacity and, either way, exercise the judgment and initiative that a rigorous pursuit of a major in Film Studies should develop.”
Using ‘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 key force behind all film and video production – the amount of money! When the word money is brought up in any way, 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 just slightly better.
The explanation for the void of knowledge on things like Film Budgets, Cost Reports, etc. in the academic sector originates from the large Hollywood production machine. The perpetual negotiations with all the three big guilds (SAG, DGA and WGA), as well as using 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 much more about film financing, film budgeting, etc. The 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 possible for producers to distribute their very own projects on the internet.
Believe me, the film school graduate who may have a comprehensive 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 are able to help create a financing package (that is certainly, help to create a Film Budget along with a simple Business Strategy) would absolutely blow away any Independent Film & Video Production company. Can you imagine an unbiased Producer who wouldn’t Like to have assistance with preparing and presenting a financing package?