This year will be the year of the first impact of the reduced movie budget paradigm into the marketplace. Following 2010's increasing reduction in the size of the movie budget, 2011 will demonstrate the new frugality with films coming to fruition based upon the mantra of a newfound creativity.
As the reduction of financial resources available to the film finance market, filmmakers have had to do with less capital for their move budget dollars. While the independent film sector has always dealt with more limited funding than their studio counterparts, the financial crisis has dealt indies an unfair hand.
Movies and all their elements, including star salaries, have taken a hit. More and more actors and actresses have turned to televison, which is arguably the new independent filmmaking scene. As cable television picks up the slack likewise film crews are finding more work in that venue.
Overall, the movie budget continues toward reduced levels. This is creating more opportunities for new filmmakers to create productions with the new technology as well. With new distribution models needed, and emerging, we will see more and more "low budget" production methods becoming mainstream; however with increasing production values to their predecessors due to the amazing increase in quality technology available at lower costs.
Filmbudget.com advises and consults with filmmakers and creates a custom, detailed movie budget and schedule that is finance and camera ready.
As the reduction of financial resources available to the film finance market, filmmakers have had to do with less capital for their move budget dollars. While the independent film sector has always dealt with more limited funding than their studio counterparts, the financial crisis has dealt indies an unfair hand.
Movies and all their elements, including star salaries, have taken a hit. More and more actors and actresses have turned to televison, which is arguably the new independent filmmaking scene. As cable television picks up the slack likewise film crews are finding more work in that venue.
Overall, the movie budget continues toward reduced levels. This is creating more opportunities for new filmmakers to create productions with the new technology as well. With new distribution models needed, and emerging, we will see more and more "low budget" production methods becoming mainstream; however with increasing production values to their predecessors due to the amazing increase in quality technology available at lower costs.
Filmbudget.com advises and consults with filmmakers and creates a custom, detailed movie budget and schedule that is finance and camera ready.
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