Graduates from the 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 find 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 route to an occupation for film graduates. You can find a plethora of opportunities in audio and visual applications throughout business, government and also the entertainment industry. This means OPPORTUNITY for the keenest graduates to generate their particular film & video projects, or land by far the most interesting positions with leading film & video production companies.
Financing has been a dirty word for a long time within the film industry. The ‘Blue Suits’ and the cold heart in the banker are synonymous with the enemy in the creative. However, in this new era of opportunity you should be both the ‘Blue Suit’ and the creative.
How can you find a way to learn about film financing, film budgeting, etc.? First let’s examine Film Studies programs. There are so many Film Study programs available since I find it confusing, and I’ve worked in the film industry more than 20 years. The Universities are taking a Liberal Arts degree method of their curriculums, and also the Colleges/Schools are primarily getting a hands-on technical approach. In any case, it is actually unarguable that Film Studies is large business. These excerpt from The Ny Times Company, published
March 6, 2005©, made it clear in my opinion how big variety.com really is:
“Some 600 colleges and universities in the United States offer programs in film studies or related subjects, a number which has grown steadily over the years…. At the University of Los Angeles, whose School of Cinema-Television is definitely the nation’s oldest film school (established in 1929), fully 50 % 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 for any career in film & video? In case a student has invested 2 to 4 years of their lives in this particular degree, how can they convert it into a worthwhile career?
Let’s see what the Universities say regarding their own programs, and the type of results they expect – that is certainly, exactly what the Graduate is going to be competent at when entering the work force. This promotional letter, posted on one University’s internet site, says it all:
“A major in Film Studies is not really an occupational or professional degree. A sound program of studies within this discipline, however, should qualify students for a variety of vocational possibilities. Obviously someone should employ their understanding of film in both a creative or even a practical capacity and, in either case, exercise the judgment and initiative that a rigorous pursuit of a significant in Film Studies should develop.”
The use 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 MONEY! If the word cash is brought up at all, it’s just a handshake and a nod. Most undergraduate programs have almost no reference to Film Budgeting, and such things as Cost Reports and Business Plans are treated as foreign topics entirely. The Masters programs are merely slightly better.
The explanation for the void of data on things such as Film Budgets, Cost Reports, etc. inside the academic sector comes from the big Hollywood production machine. The perpetual negotiations with the three big guilds (SAG, DGA and WGA), along with with the IATSE & Teamster crew unions has forced the producing studios to become 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 brand new crop of Independent Film & Video makers intend to make their particular projects, find nanuxb own financing and do their particular film budgeting and reporting of production costs. It is actually even increasingly easy for producers to distribute their very own projects online.
Trust me, the film school graduate that 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 in front of the pack. A film studies graduate that can help create a financing package (that is certainly, assist to make a Film Budget and a simple Business Strategy) would absolutely blow away any Independent Film & Video Production company. Can you imagine an Independent Producer who wouldn’t LOVE to have assist with preparing and presenting a financing package?