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 look for 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 no longer the only real path to a profession for film graduates. You will find a plethora of opportunities in audio and visual applications throughout business, government and the entertainment industry. This means Chance for the keenest graduates to produce their particular film & video projects, or even to 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 from the banker are symbolic of the enemy of the creative. However, within this new era of opportunity you need to be both ‘Blue Suit’ and also the creative.
How will you try to find out about film financing, film budgeting, etc.? First let’s look at Film Studies programs. There are plenty of Film Study programs available now that I think it is confusing, and I’ve worked inside the film industry for more than 20 years. The Universities take a Liberal Arts degree method of their curriculums, and the Colleges/Schools are primarily taking a hands-on technical approach. In either case, it is unarguable that Film Studies is big business. The subsequent excerpt through the Ny Times Company, published
March 6, 2005©, made it clear for me what size kjammedia is really:
“Some 600 universites and colleges in the usa offer programs in film studies or related subjects, a number that has grown steadily over time…. At the University of Southern California, whose School of Cinema-Television is definitely the nation’s oldest film school (established in 1929), fully one half of the university’s 16,500 undergraduate students take one or more cinema/ television class.”
Which College, School or University will best prepare the graduate to get a career in film & video? If a student has invested two to four numerous years of their lives in this particular degree, how could they transform it into a worthwhile career?
Let’s see just what the Universities say regarding their own programs, and the kind of results they expect – that is certainly, just what the Graduate is going to be capable of when entering the task force. This promotional letter, posted on one University’s internet site, says everything:
“A major in Film Studies will not be an occupational or professional degree. A sound program of studies in this discipline, however, should qualify students for a variety of vocational possibilities. Obviously an individual should employ their understanding of film in either a creative or a practical capacity and, in either case, exercise the judgment and initiative which a rigorous pursuit of a major in Film Studies should develop.”
Using ‘should’ twice in three sentences tells the history – it’s your choice, 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 amount of money! If the word cash is brought up whatsoever, it’s merely a handshake as well as a nod. Most undergraduate programs have hardly any reference to 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 data on things like Film Budgets, Cost Reports, etc. inside the academic sector originates from the large Hollywood production machine. The perpetual negotiations with all the three big guilds (SAG, DGA and WGA), along with using the IATSE & Teamster crew unions has forced the producing studios to be extremely confidential.
That era of total confidentiality isn’t over, nevertheless there is a huge demand to learn much 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 own film budgeting and reporting of production costs. It really is even increasingly easy for producers to distribute their own projects online.
Believe me, the film school graduate who has a comprehensive comprehension of their Film Studies program, AND understands the basic 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 create a financing package (which is, assistance to make a Film Budget as well as a simple Strategic Business Plan) would absolutely blow away any Independent Film & Video Production company. Can you imagine a completely independent Producer who wouldn’t LOVE to have help with preparing and presenting a financing package?