Graduates from a Film Studies program have a new opportunity in film & video production. Obviously, 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 usual Hollywood styled film production is no longer the only real path to a profession for film graduates. There are a multitude of opportunities in audio and visual applications throughout business, government as well as the entertainment industry. That means Chance of the keenest graduates to produce their very own film & video projects, or even to land probably the most interesting positions with leading film & video production companies.
Financing has been a dirty word for many years inside the film industry. The ‘Blue Suits’ as well as the cold heart of the banker are symbolic of the enemy of the creative. However, within this new era of opportunity you have to be the ‘Blue Suit’ and also the creative.
How will you try to understand film financing, film budgeting, etc.? First let’s take a look at Film Studies programs. There are plenty of Film Study programs available since I discover it confusing, and I’ve worked inside the film industry for over two decades. The Universities take a Liberal Arts degree approach to their curriculums, and the Colleges/Schools are primarily getting a hands-on technical approach. In either case, it really is unarguable that Film Studies is big business. The subsequent excerpt from The New York City Times Company, published
March 6, 2005©, caused it to be clear in my opinion what size Kia Jam is really:
“Some 600 universites and colleges in the usa offer programs in film studies or related subjects, a number which has grown steadily over the years…. On the University of Southern California, whose School of Cinema-Television is the nation’s oldest film school (established in 1929), fully half 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 to get a career in film & video? When a student has invested 2 to 4 many years of their lives in this particular degree, how could they transform it into a worthwhile career?
Let’s see exactly what the Universities say with regards to their own programs, and the sort of results they expect – that is certainly, exactly what the Graduate will be capable of when entering the task force. This promotional letter, posted using one University’s web site, says it all:
“A major in Film Studies is not an occupational or professional degree. A solid program of studies in this discipline, however, should qualify a student for many different vocational possibilities. Obviously a person will need to employ their information about film in both a creative or even a practical capacity and, in either case, exercise the judgment and initiative that the rigorous quest for a major 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 main force behind all film and video production – the MONEY! If the word money is brought up in any way, it’s merely a handshake along with 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 only slightly better.
The explanation for the void of data on things such as Film Budgets, Cost Reports, etc. within the academic sector comes from the large Hollywood production machine. The perpetual negotiations with the three big guilds (SAG, DGA and WGA), as well as with all 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 learn much more about film financing, film budgeting, etc. The new crop of Independent Film & Video makers intend to make their own projects, find nanuxb own financing and do their very own film budgeting and reporting of production costs. It really is even increasingly feasible for producers to distribute their particular projects over the internet.
Trust me, the film school graduate who may have a thorough understanding of their Film Studies program, AND understands the fundamental 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 (that is certainly, assist to create a Film Budget and a simple Business Plan) would absolutely blow away any Independent Film & Video Production company. Could you imagine an unbiased Producer who wouldn’t Like to have assistance with preparing and presenting a financing package?