3 Ways To Budget A Movie - Jeff Deverett
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- čas přidán 16. 03. 2021
- Jeff Deverett is a producer, director, writer, and actor known for Full Out 2: You Got This! (2020), ism (2019), The Samuel Project (2018), Kiss & Cry (2017), Full Out (2015), King of the Camp (2008) and My Brother's Keeper (2004). Jeff's successful film and TV career began with distribution with New World Entertainment, Astral Communications, Anchor Bay Entertainment and his own company, Deverett Media Group. In this Film Courage video interview he talks about how to make a profitable movie and briefly touches on AFM [American Film Market], MIPCOM and MIPTV media markets.
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We love your questions too, we really do❤
I must say for as long as I've been watching Film Courage, Jeff Deverett has given some of the best insights into the film industry. His level of candor and enthusiasm about the business side is always informative and a joy to watch. Great questions by the way! Keep up the great work, Film Courage!
the movies that “won the lottery” with minuscule budgets had very unique and strong scripts and/or concepts at the time.
“The first time you see your film on a streamer, on Netflix? Now _that’s_ a party!” 🤣🤣🤣 I felt that. Great video as always. 🙏🏾
Thank you Jay! We look forward to that kind of day happening for you.
The boys airplane "rescue" scene is a great example of awesome emotional affective scene on a low budget.
That was a genius choice.
The videos with Jeff are some of the best
Both i think a budget is needed to bring the movie to life and script is everything
Brilliant Interview with Jeff once again full of pearls of wisdom . I think it's got to be budget 1st when producing a film cause it dictates what you'll be able to do in the script and many things
If you want to be in, and stay in, the business -- and that means making enough money on your movies to be taken serioulsy by investors -- then listen to Jeff.
Keep in mind that what they are talking about is in Hollywood terms, where they have much more advanced movie making machines. In other parts of the world, like in Australia where I live, chances are the budget is determined by the governments grants on offer. Yes once in a while a filmmaker manages to get an international distributor and a decent financing, but they are very rare and they compete with Hollywood movies which have fairly strong monopoly in the theatre market. So the more innovative filmmakers are starting to self distribute, and that maybe a very good way if you are serving a very set niche market, like positive space films, and look for opportunities beyond the traditional methods. As Jeff said you have to think about your return to make sure you're not loosing money, but there are niche markets like Positive Space Films that are not being fulfilled by other medias. That's where we are trying to fill in the gap and hopefully have a sustainable market in this niche, serving the community of positive space film lovers and filmmakers alike.
I kinda need to know the boundaries I'm working with before writing a script or it's gonna end up way too expensive for me to shoot. With my current project, as well as the previous one I found myself constantly balancing what was possible to achieve and what vision I had. But it's also something that really helps me create, because it gives me guidelines as to where to go next. Too boring? Add cool stuff! Too expensive/too hard? Take something away! And I feel like what I end up with most of the time is that only the things that are really worth it stay, while anything unnecessary goes. A few times I've felt really strongly about something and still had to cut it, and then regretted having to cut it. I'm a better artist than I am a businessman, so I think those things would be what I'd blow those extra $200000 on...
Jeff Deverett is such a bad ass dude, I love his interviews, host him more!
Great questions and even better, reality based answers. Thanks so much.
Thank you for creating such a good interview.
Thanks for watching Morgan!
Jeff your advice has been a blessing to me! Thanks so much!
Very good interview 😍
I Like it...!
I’m out here tryin to do it on no budget.
Wholesome intro!
Very good & practical analysis.. Superb 👌👌👌
Great interview!
Thanks for this creator
Great Interview
These are amazing tips. Especially loved this interview.
Jeff is excellent. As a companion to this video, we think this one has a lot of value - czcams.com/video/hCsoQeP2JQ8/video.html
I love you too unknown host, no questions asked.
Question: what is the difference between the Back-End budgeting (2) and the Market-led budgeting (3)? I didn't fully understand what the discrepancies were.
Back-End budgeting is I have x$, what can I do with it and Market-led budgeting is we think this movie will make x$, so its not worth spending more even if you can
These Rock!
So when do we get an interview with Karen?
This guys is speaking my language.
How do actually budget works? Like, I had ideas and I can do it without costing any money (except on the boom mic.) am I doing it wrong or I just made a script that doesn't need any budget? Thanks in advance
This guys amazing #npj
I think writing a script based on a set budget would limit the creative process.
There is a part two.
planning on making a movie soon
Welcome to the industry! You're going to get so much inspiration and knowledge from Film Courage
@@kalebarancelovic thanks. hopefully can find a way to get an audience of some kind or put it on tubi or crackle or something like that. do you know how thats done?
@@nevsoul9646 you should have a look into putting your film onto Amazon Prime. There is a bit of work that is involved ( putting subtitles on your film etc) but at least you'll have a film out there for the world to see!
Hey Jeff and Film Courage. I've a question. How to know whether the film is good or bad?
For me movie is subjective.why? If you look critics rating vs audience ratings most of the time they cant agree each other if the movie is good and bad.
If it's not good, it's bad
I think the guys at ASYLUM might beg to differ. a bad film can make money as long as its fun and has a lot of entertainment Value to it. After all people will more then happily pay to go watch The Room or Birdemic or Plan 9 from outer space because they love to "hate" because of the terrible film making and story. that's what real entertainment is. not that I'm advocating for ppl to make bad films but just that bad film can be just as entertaining and more fun then good films.
Both. Write something you can make on your own. Because when push comes to shove, we're all on our own.
I know people who get several million $ budgets because they cast a known name but the scripts suck. I also know people who make terrible terrible tiny budget "movies" so that they can have a theater premiere, put it all on social media and get some female attention and validation. Both suck and dont get far or anywhere. I came to the conclusion that some people are passionate about making films and the majority just want to make a movie. The screenplay and the casting should be priority. If the screenplay is magical, the casting will come easy and if casting comes easy, the budget will come easy. The effort of making a crappy film is almost the same as the effort in making a good film. The biggest bottleneck is always the screenplay. Focus on getting the great screenplay.
In North Hollywood at my first feature film premiere, ironically I didn’t care about seeing my face on the screen (I’m an actor). It wasn’t exciting to me. All I cared about was the audience’s reaction. (Thank you for attending 😊) That was the exciting part of the experience. Did the audience laugh at the jokes? Which jokes did they find funny? Are audience members getting bored and looking at their phone? For me audience reaction is everything. I don’t make movies for me. I make movies for hard working people who need a break from work and from life. Thank you Film Courage for providing valuable content for current and aspiring filmmakers. Your hard work will hopefully translate into a “win” for viewers, even if viewers don’t know what ingredients went into the movie that they enjoyed so much. 👍
$1 million budget is easier to raise than $50,000, and $50,000 is easier to raise than $500. The key is the size of your audience you already have. Ignoring that and you ignore profitability.
And now we know her name is Karen 😇❤️
A bad movie won't sell?
Tell that to Kangaroo Jack.
Tell that to every movie cause they all suck
05:18
Get a good line producer.
The three ways of budgeting:
1. Dissect the script by scenes, shots, effects, actors... Calculate how much all will cost. Compare it to how much revenue you expect.
2. "Your uncle's inheritance": You already have a set amount of money. Make your movie fit this budget.
3. A marketing team estimates how much a movie like yours can generate in revenue. Make a budget that's profitable.
Jeff adds: An average action film costs 1 million and makes 1.5 million. Any budget above 1.5 million will most likely generate financial loss. A budget of $100k will make a good enough "practice" movie. But don't expect high production quality. El Mariachi and Blair Witch are anomalies that won the lottery.
My budget is 40 billion dollars. What the fuck do I do next?
I just think that if you go into writing and directing looking to make money, you're gonna get burnt.
You need a treatment at least a synopsis
Jeff- "A bad film can't sell"
Disney- "Hold my rubber ducky"
Star Wars- "This isn't the script you're looking for"
JJ Abrams- "But I have this fancy dagger Macguffin"
Rian Johnson- "Great, we don't need this stupid lightsaber" Yeet!
SCRIPT!! I think that if you have an amazing script, then everything will fall into place at it's own time. you can have a bottomless pit of money and still produce "THE ROOM"!!