Filmbudget.com

Filmbudget.com
The international leader in worldwide film budget and movie schedule production services, film tax incentives, film business plans & indie film budgets

Wednesday, June 23, 2010

Film Budget| Movie Budgets | Film Tax Incentives | Update

Movie Budget News Update:


UK Film Council Budget Slashed

The UK Film Council has had its movie budget slashed by 25% over the next four years by the Conservative government as part of its austerity plan. Some suggest it has more to do with a broad agenda of reducing government assistance in the arts in the UK. This reduction shall immediately and decidedly impact the British film industry with the British Film Institute having its HQ funding cut amongst the coming reduction in the UKFC's ability to fund movie budgets.

Foreign Box Office

David Kosse, President of Universal Pictures International, stated to an industry crowd at Cine Expo 2010 that he believes foreign theatrical box office could reach 80% and that foreign is poised for growth in the coming years.

We could not agree more as the appetite for quality movie entertainment and higher film budgets lure more overseas audiences to the theaters.

20th Century Fox International has crossed the $2 Billion mark for international theatrical box office. This is the fourth time for film revenue to hit that mark for the studio distribution division. Fox Int'l reaches this mark five months in advance of its competitors.

Foreign is indeed poised to grow!


Filmbudget.com is the international leader in film budget and schedule services and film tax incentives consultant and advisor.

Founded by Producer Jack Binder ("Reign Over Me", "The Upside of Anger") FilmBudget.com provides quality movie budget and film schedule services to filmmakers worldwide.

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Friday, June 18, 2010

Movie Budget | Film Budget | Czech Film Incentives Approved

EC Approves Czech Republic Film Incentive for $400 Million Fund

PRAGUE -- The Czech Republic's great hope for restoring its once-thriving foreign production biz, a 20% film incentive, moved closer to reality Friday when the European Commission revealed it had approved the plan, which would set up a $400 million kitty.
Details of the sweeteners, which have been under wraps pending the approval, are still not being discussed while the Czech Culture Ministry goes over the 20-page document to be sure it conforms to their draft.

Read the Variety Article

Thursday, June 17, 2010

Film Budget | Film Tax Incentives - Australia Update

Screen Australia has updated its guidelines to increase film traffic to downunder.

The Hollywood Reporter article on June 17th details these changes.

Australia has a variety of film tax incentives to help one's film budget including a 40% Producers Offset and Regional film credits as well as VFX production incentive.



SYDNEY -- Screen Australia plans to change the requirements for its international co-production program in an effort to increase the level of production in Australia, with new draft guidelines issued for public comment Thursday.

“Screen Australia wants to ensure that Australian filmmakers have the greatest possible chance of working with the best international talent to produce stories that engage and entertain global audiences,” said Ruth Harley, Screen Australia CEO. 


The increased flexibility of the new guidelines combined with a co-production’s access to Australia’s 40% tax rebate, known as the producer offset, will “make working with Australian practitioners on official co-productions internationally appealing,” she said. 


The key changes include: allowing a writer from outside the co-producing partner countries to contribute to a screenplay as long as he or she is not a credited writer of the screenplay; allowing an increase in the total number of points for qualifying productions including an increase in discretionary points for the contribution of creatives such as visual effects and sound designers, as well as allowing the nationality of the source material to be taken into account; and giving producers an early letter of compliance from Screen Australia confirming that the production meets the co-production guidelines, allowing producers better access to finance. 



Read the Hollywood Reporter Article

Friday, June 4, 2010

Film Budget | Film Tax Incentives, Finance Business Plan

Film Tax Incentives, Film Tax Credits and Film Finance Business Plans, Movie Production

Film tax incentives are the key ingredient in all film financial business plans today.  As funding sources have receded the U.S. states and international countries have stepped up their film funding subsidy and film tax credit game by increasingly outdoing each other for the movie dollar.  With studies demonstrating 2:1, 3:1, and 6:1 expenditure multipliers on every film production dollar spent, it is no wonder all geographical regions seek additional inward movie production spending. Specifically in these tough economic times, job growth is the critical element local governments seek to improve with movies.

Film Business Plan

A solid film financial business plan likewise must detail a local film tax incentive or film tax credit to demonstrate utilization of these funds that are available to make ones movie. This component of film investment is critical as foreign pre-sales are increasingly difficult to command. While private equity is the name of the game in conjunction with film incentives, gap financing also remains a portion of the film investment foundation.  Film lenders are decreasing in numbers, however there are still banks other loans available to round out the financing of films.

Worldwide Film Tax Incentive Advisor

FilmBudget.com, the international leader in worldwide film budget and schedule services provides a global film tax credit consultant and advisor for our clients.  In determining the most advantageous creative, financial and logistic film location while determining the cost of production Film Budget determines the applicable incentive for each film we are engaged upon.





Line Producer

A line producer is required to calculate with accuracy and knowledge the direct film costs and the local applicable spend and net benefit to the production based upon current, up to date regulations.

Film financiers, investors, bond companies, film commissions, subsidy boards, treasury departments, major studios, production companies, artists, actors, writers and directors all require a detailed, custom, accurate film budget from a seasoned, veteran, experienced line producer.

You should too.

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Wednesday, June 2, 2010

Movie Budget : Film Budget - Film Tax Incentives - Credits

Filmbudget.com - the international leader in worldwide film budget and schedule services and global film tax incentives consultant and advisor, specializes in providing film budgets and location identification based upon your story as part of our process.



Movie budget integrity is under scrutiny more than ever in the current tight market and detailed, accurate and dependable budgeting from a reliable source is mandatory. A seasoned line producer or production manager with many years of experience in the field is needed to determine the best place to shoot, the most applicable film tax incentive or film tax credit available and the most up to date logistics, costs and rates for a given location.

Movie Budget

A movie budget is derived from the screenplay using years of on set experience. Being able to anticipate production requirements is the job of veteran line producers. Movie budgets must contain this invaluable factor of on set knowledge, international markets and production techniques, personnel and foreign territory legal parameters.

Film Budget

Filmbudget.com provides all of the above services for an extremely reasonable rate to studios, production companies, writers, directors, actors, financiers and investors. We vet film budgets for accuracy. Producer Jack Binder ("Reign Over Me", "The Upside of Anger") is the founder and president of the company and personally handles all screenplay submissions for film budgeting services.

Movie budgets have been created for: Columbia Tristar Pictures, Twentieth Century Fox, Fox Searchlight, Walt Disney Company, Touchstone Pictures, New Line Cinema to name a few of the many production company and individual clients.

Since 1997


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