Graduates from the Film Studies program have 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.
Using the advent of digital equipment the scope of film & video production has widened. The standard Hollywood styled film production has stopped being the sole way to a profession for film graduates. You will find a large number of opportunities in audio and visual applications throughout business, government as well as the entertainment industry. Which means Chance of the keenest graduates to produce their own 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 the cold heart from the banker are symbolic of the enemy in the creative. However, within this new era of opportunity you need to be the ‘Blue Suit’ and the creative.
How do 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 plenty of Film Study programs around since I think it is confusing, and I’ve worked inside the film industry for more than twenty years. The Universities take a Liberal Arts degree strategy to their curriculums, as well as the Colleges/Schools are primarily having a hands-on technical approach. In any case, it is actually unarguable that Film Studies is very large business. The following excerpt from your Ny Times Company, published
March 6, 2005©, managed to make it clear to me how big Kia Jam really is:
“Some 600 colleges and universities in the United States offer programs in film studies or related subjects, a number which includes grown steadily over the years…. On the University of Los Angeles, 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 a minumum of 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 2 to 4 many years of their lives in this particular degree, how can they convert it into a worthwhile career?
Let’s see just what the Universities say with regards to their own programs, and the sort of results they expect – which is, what the Graduate is going to be able to when entering the task force. This promotional letter, posted using one University’s internet site, says all of it:
“A significant in Film Studies is not really an occupational or professional degree. A solid program of studies in this particular discipline, however, should qualify students for a variety of vocational possibilities. Obviously a person should employ his or her understanding of film in either a creative or a practical capacity and, in any case, exercise the judgment and initiative that a rigorous quest for an important 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 cash! In the event the word cash is brought up at all, it’s merely a handshake as well as a nod. Most undergraduate programs have hardly any reference to Film Budgeting, and things like Cost Reports and Business Plans are treated as foreign topics entirely. The Masters programs are only slightly better.
The reason for the void of information on such things as Film Budgets, Cost Reports, etc. in the academic sector originates from the major Hollywood production machine. The perpetual negotiations with the three big guilds (SAG, DGA and WGA), along with with all 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 know much more about film financing, film budgeting, etc. The newest crop of Independent Film & Video makers need to make their own projects, find nanuxb own financing and do their particular film budgeting and reporting of production costs. It is even increasingly feasible for producers to distribute their particular projects online.
Believe me, the film school graduate that has a thorough understanding 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 (that is certainly, assist to prepare a Film Budget and a simple Strategic Business Plan) would absolutely blow away any Independent Film & Video Production company. Can you imagine an Independent Producer who wouldn’t Like to have assist with preparing and presenting a financing package?