Graduates from a Film Studies program use a new opportunity in film & video production. Of course, 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 the introduction of digital equipment the scope of film & video production has widened. The standard Hollywood styled film production is no longer the sole way to an occupation for film graduates. You can find a large number of opportunities in audio and visual applications throughout business, government as well as the entertainment industry. This means Chance for the keenest graduates to create their own film & video projects, or even to land probably the most interesting positions with leading film & video production companies.
Financing has become a dirty word for years inside the film industry. The ‘Blue Suits’ as well as the cold heart in the banker are synonymous with the enemy in the creative. However, within this new era of opportunity you need to be the ‘Blue Suit’ and also the creative.
How will you try to find out about film financing, film budgeting, etc.? First let’s take a look at Film Studies programs. There are so many Film Study programs available now that I find 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 any case, it is unarguable that Film Studies is large business. The following excerpt through the New York City Times Company, published
March 6, 2005©, caused it to be clear for me what size variety.com really is:
“Some 600 colleges and universities in the usa offer programs in film studies or related subjects, a number which includes grown steadily over the years…. In the University of Los Angeles, whose School of Cinema-Television will be 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 for a career in film & video? When a student has invested 2 to 4 many years of their lives in this particular degree, how can they transform it into a worthwhile career?
Let’s see what the Universities say about their own programs, and the kind of results they expect – that is certainly, just what the Graduate will likely be competent at when entering the job force. This promotional letter, posted on one University’s internet site, says it all:
“A significant in Film Studies will not be an occupational or professional degree. A solid program of studies in this particular discipline, however, should qualify an individual for a number of vocational possibilities. Obviously someone will have to employ his or her information about film in both a creative or perhaps a practical capacity and, in any case, exercise the judgment and initiative which a rigorous quest for a major in Film Studies should develop.”
The usage of ‘should’ twice in three sentences tells the story – it’s your decision, Bud!
Film Studies programs (at any level) either don’t address, or don’t address strongly enough, the major force behind all film and video production – the cash! In the event the word money is brought up at all, it’s merely a handshake as well as a nod. Most undergraduate programs have very little mention of 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 behind the void of data on such things as Film Budgets, Cost Reports, etc. in the academic sector comes from the major Hollywood production machine. The perpetual negotiations with all the three big guilds (SAG, DGA and WGA), in addition to 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 is 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 very own film budgeting and reporting of production costs. It is even increasingly possible for producers to distribute their particular projects over the internet.
Believe me, the film school graduate that has a thorough 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 that can help make a financing package (that is, assistance to prepare a Film Budget as well as a simple Business Strategy) would absolutely blow away any Independent Film & Video Production company. Can you imagine an Independent Producer who wouldn’t Want to have assistance with preparing and presenting a financing package?