Monday 11 October 2010

Film Financing - Final Conclusion of our film.

We found out that it is better to have more than one financer as it reduces the risk of losing valuable money and is more reliable because money is coming in from more than one area. This is ideal because if one financer pulls out, other money is still being financed. The director and producers are the ones controlling the film so it is up to them to manage the financing process. We decided to cut our original budget by a third and this is what we came up with:

B list actors - £7 million
B list directors - £2 million
Location - £5 million
Script writers - £2 million
Editors - £3 million

Total: £19 million (reduced from £29 million)

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