Pricing Resources: The Budget
QUESTION: “How Much Do I Owe You?” – Clark Griswold (Chevy Chase)
ANSWER: “How much you got?” – Mechanic VACATION
Film budgets come in a wide variety of sizes, from no-lo, to micro, to millions. Initial expectations come from the Producer – with some idea of what to spend, or none. With some idea, you are backing into a range; without any, you are building it up from scratch. Start with the information you have and work from there.
Budgeting is a three-stage process:
1. Identify and obtain prices (from multiple sources) for: equipment (shoot); union rates (cast and crew); film commissions and studios (locations); post facilities; and include what you already know and money spent or committed so far. ...