Graduates from the 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 not the only real path to a profession 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 of the keenest graduates to produce their very own film & video projects, or to land by far the most interesting positions with leading film & video production companies.
Financing has become a dirty word for many years within the film industry. The ‘Blue Suits’ and the cold heart from the banker are symbolic of the enemy in the creative. However, in this particular new era of opportunity you should be the ‘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 plenty of Film Study programs around since I find it confusing, and I’ve worked within the film industry more than two decades. The Universities take a Liberal Arts degree approach to their curriculums, and the Colleges/Schools are primarily having a hands-on technical approach. In any case, it really is unarguable that Film Studies is large business. The subsequent excerpt from The New York City Times Company, published
March 6, 2005©, managed to make it clear for me what size variety really is:
“Some 600 colleges and universities in america offer programs in film studies or related subjects, a number that has grown steadily over the years…. At the University of Los Angeles, whose School of Cinema-Television is 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? If a student has invested 2 to 4 years of their lives in this degree, how could they convert 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, what the Graduate will be able to when entering the task force. This promotional letter, posted using one University’s website, says everything:
“A significant in Film Studies is not an occupational or professional degree. A sound program of studies in this particular discipline, however, should qualify an individual for many different vocational possibilities. Obviously an individual should employ his or her information about film either in a creative or a practical capacity and, in either case, exercise the judgment and initiative which a rigorous pursuit of a significant 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 MONEY! In the event the word funds are brought up at all, it’s merely a handshake as well as a nod. Most undergraduate programs have almost no 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 behind the void of data on things such as Film Budgets, Cost Reports, etc. inside the academic sector originates from the big Hollywood production machine. The perpetual negotiations with all the three big guilds (SAG, DGA and WGA), as well as with all 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 find out more about film financing, film budgeting, etc. The brand new crop of Independent Film & Video makers need to make their very own 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 very own projects over the internet.
Believe me, the film school graduate who has a complete knowledge 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 who can help prepare a financing package (which is, assist to make a Film Budget as well as a simple Business Strategy) would absolutely blow away any Independent Film & Video Production company. Could you imagine an Independent Producer who wouldn’t LOVE to have assist with preparing and presenting a financing package?