The Film Budget, Domestic & Worldwide Grosses of the Top Indie Films of 2015 | FilmBudget.com

The Film Budget, Domestic & Worldwide Grosses of the Top Indie Films of 2015

We have compiled a list of the top grossing independent films of 2015. Detailed below in the chart is the film budget, where available, the domestic (U.S.) gross receipts, the international boxoffice and the combined worldwide gross theatrical revenue.

Indie films listed include films originally released in under 500 theaters by independent distributors or the specialty divisions of the major studios.

The film budget for each film and boxoffice data was obtained as publicly available from IMDB, The-Numbers or other sources which reported the film budget and revenue figures.

film budget indiefilm v gross 2015

Compiled by FilmBudget.com | Film Budget Inc.  Sources: IMDB, The-Numbers

All figures are in millions of dollars for both the film budgets of the movies and the revenue from theatrical distribution. U.S. grosses are combined with international revenues for total worldwide theatrical box office revenue figures.

Revenue figures are accurate to the date of writing of this article. Some films are no longer in release while others remain in the theatrical circuits. Films such as ‘Spotlight’ will enjoy an additional box office boost due to winning the Oscar® for Best Picture.

Contact FilmBudget.com for further details and to inquire about our various services, including film budgeting, film finance plans and film tax credits analysis and general film and television production consulting utilizing our 25 years of major studio and independent film production experience.

 

The 5 Steps To Creating a Professional Film Budget for Your Movie | FilmBudget.com Worldwide

5 Steps to Creating a Professional Film Budget for Your Movie

Creating a film budget for a feature film or a television show is a time honored tradition and craft of the Line Producer or Unit Production Manager. Using extensive experience in making films over many years the process draws on skills learned during these years of production and filmmaking.

To create a film or tv budget Line Producers and Production Managers apply their knowledge and process to create a real film budget and schedule which is used by financiers, investor, banks, film tax credit authorities, foreign sales companies and distributors to evaluate and execute the vision of the screenwriter and the director in coordination with the goals of the producer.

Here are the steps undertaken in creating a professional film budget & schedule:

1. Screenplay Reading – Creative Pass

The screenplay or teleplay is read for creative value and consideration first in order to take on the story, characters, dialogue and plot of the script.

The stars involved in productions Produced by Jack Binder

The stars involved in productions Produced by Jack Binder

2. Screenplay Reading – Production Pass

A second reading is undertaken to evaluate the script from a production viewpoint. Attention is paid to the overall elements, setting and style of the work.

3. Screenplay Breakdown

The next step is a complete breakdown of the total production and creative elements in the screenplay which are required to bring the production to life. Key considerations include bringing experience to bear to determine what the budget level for the picture will fall into: big budget major studio, indie film budget, low-budget or micro budget.

Cast – What level of cast does the story and production call for? How many? Will the highest level of stars be required or a variety of talent levels.

Setting/Locations – Using the Setting as a guide, location considerations are analyzed. Are there multiple countries? Multiple cities? Are there a large amount of locations or is the screenplay contained in its requirement?

Set Dressing – Is it Period? Will it require extensive Set Dressing components or will existing decorations be utilized and sufficient to achieve the vision?

Costumes/Wardrobe: Again, Period? Large Cast and various time periods which will affect the scope and amount of wardrobe required?

Special Effects: Are there needs for extensive Practical Effects (SFX)? Stunts? Pyro-technics? Mechanical rigging?

Transportation – Are there specific Transportation requirements? Travel? Picture Vehicles? Animals? to consider?

Post Production – Is the film, movie or television series heavy in VFX and CGI? Where will post production take place?

The list goes on to include all the departments and which are required to fulfill to requirements of the production. These are a few of the many, many considerations and preliminary decisions which must be analyzed during the screenplay breakdown process.

AFlogo2

4. Create the Shooting Schedule

Based upon the Breakdown and the analysis of the screenplay elements a Shooting Schedule is then created. A veteran and seasoned Line Producer or Production Manager will have great experience in creating and delivering productions based upon their Shooting Schedules which they have created over the course of time and which they have consulted and executed with the First Assistant Director and Director of their films.

  • Each day is scheduled according to the scene work balance of the overall schedule.
  • Best practices and knowledge gained over years of experience guide the creation of a realistic and efficient plan for the work to be done.
  • Scene descriptions are included in the Stripboard Shooting Schedule to guide the crew.
  • Character Identifications are included to advise what Cast members are working each day

Using the above information a Cast Schedule can be created indicating the amount and which days the Cast work. Likewise Locations Schedule and all unique equipment (cranes, rigs, steadicam, etc.) days are included in the Master Shooting Schedule.

5. Creating the Film Budget

Once these processes are undertaken we are ready to commence with the actual film budgeting for the movie. With the above information in hand realistic budgets can then be created.

Knowing the scope and scale of the production will guide this step. Is it a big budget requirement, low budget or micro-budget or somewhere in between? Is this a Major Studio movie or an independent film production? These are critical factors in the creation of the budget.

Based upon the Setting and Locations envisioned for the picture then the best production center is chosen to shoot the film. The budget will consider these factors in selecting the ideal location to base the production.

Creative consideration is the top priority: can we shoot what the screenplay calls for in this particular region, country and city?

Production viability is then determined. Is there a sufficient film production crew base at this location? Will crew members need to be transported to this location? Is there adequate production support for equipment, materials and services? Hotels?, etc.

Next, finance consideration is analyzed. Assuming the best location is chosen for the creative and production value, what local film tax credit or production incentive is offered by this geographical area?

Countries worldwide offer film tax credits and incentives to film in their region. U.S. States likewise offer lucrative film tax incentives to draw production dollars and generate economic impact in their locales. Your film financier will most definitely consider and insist upon this as a key factor in choosing a location to shoot the movie or tv program.

Based upon these factors, with the right location chosen to shoot, the costs are then calculated.

What are the local crew rates?

What are the local materials and services needed and how much do they cost?

What are the costs of getting the cast and crew to the location?

All of these decisions are evaluated and the studio or indie film budget process gets down to the nitty-gritty of evaluating the costs of each element involved in the production. Cast fees, location expenses, production crew, logistics, travel, permits, etc. are included.

All productions are unique and each must be analyzed individually. The overriding goal is the create the greatest production value for the most efficient price.

Once these matters are analyzed and included based upon extensive experience the final step is to ensure inclusion of all expenses, including: Completion Bond, Insurance, Contingency, Finance Costs, Union and Guild Health & Pension costs, Cast Perks, etc. to create a realistic budget for the movie production.

While this is a summary of the work and knowledge that goes into the film budget process it is certainly not complete but should give an approximate overview of the process.

Financiers, Producers, investors, government institutions, production companies and sales companies rely on the accuracy of the work of the Line Producer or Production Manager to effectively and precisely understand and present the true cost of bringing the film to the screen. Small errors can compound to create enormous gaps in the overall financing of the film which can seriously impact the completion and delivery to distributors and therefore returns to investors.

cropped-finance-film-budget-for-investors.jpg

Contact FilmBudget.com to obtain an instant quote on your film for a professional film budget and schedule, film tax credits and production incentives analysis and Film Finance Plans for your production.

Film Budget Inc. has created hundreds of budget and schedule packages for individuals, the Major Hollywood Studios, Mini Majors and independent production companies, financiers, investors and banks in addition to all of those of our own projects.

Jack Binder is Major Studio and Indie Film Producer with over 25 years of experience and the Founder of FilmBudget.com

FB_GT_poster_banner

Jack has served as an On-the-Lot Producer at The Walt Disney Company and Columbia Pictures (Sony Pictures Entertainment) and as the responsible Producer on productions for those Studios as well as New Line Cinema, Lionsgate Films, HBO, Sunlight Productions and many more major and independent film and tv production companies.

Binder’s international film production company is Greentrees Films

profile

FilmBudget.com Founder & Producer Jack Binder Producer Credits

Producer Credits for Producer Jack Binder Founder of FilmBudget.com & Greentrees Films

Producer Credits for Producer Jack Binder Founder of FilmBudget.com & Greentrees Films

Actress Keri Russell, one of the stars of the new comedic drama film "The Upside of Anger," poses as she arrives for the film''s premiere in Los Angeles, March 3, 2005. The film stars Joan Allen who plays a suburban housewife with four young adult daughters who is left to raise them on her own, but soon falls in love with a neighbor played by Kevin Costner. The film opens in Los Angeles and New York March 11. REUTERS/Fred Prouser PREMIERE

Actress Keri Russell, one of the stars of the new comedic drama film “The Upside of Anger,” poses as she arrives for the film”s premiere in Los Angeles. The film stars Joan Allen who plays a suburban housewife with four young adult daughters who is left to raise them on her own, but soon falls in love with a neighbor played by Kevin Costner. The film opens in Los Angeles and New York March 11. REUTERS/Fred Prouser PREMIERE

FilmBudget.com

The International Leader in Worldwide Film Budget and Schedule Services

Follow us on:

Facebook

Twitter

LinkedIn

Why it is Critical to Obtain a Professional Film Budget & Why Whom Creates Your Film Budget Matters As a Reflection Upon Yourself the Filmmaker & Your Team

Why it is Critical to Obtain a Professional Film Budget and Why Whom Creates Your Film Budget Matters As a Reflection Upon Yourself the Filmmaker & Your Team

Your movie budget is a reflection on you, the filmmaker and your team. A professional film budget is critical to obtaining film finance, production and distribution for your film.

In the world of film finance and movie production the figures are more significant then ever. The details and reliability of the figures created in your movie budget by a veteran line producer are critical to the success of the film you are setting out to make.

What is often not appreciated is the compounding nature of those numbers which can lead to make the financing elements largely in error.

film budget movie stars

As the basis for the funding equation which goes into the packaging of the equity, pre-sales, debt and gap financing elements to finance your film, your movie budget is enormously important in that it be accurate and all inclusive.

Likewise the quality of the line producer’s credentials, associations and experience a filmmaker chooses to engage to create their budget lends significant value to your film stature, finance plan and the funding package overall.

The importance of having a film budget and schedule created for your screenplay for potential buyers is widely known and accepted in sophisticated film finance circles. So much so, that it is the first question asked when a project is submitted: “can you send us your budget?”

FilmBudget.com is the international leader in worldwide film budget and schedule production services, and creates accurate and proven film budgets for filmmakers.

FilmBudget.com

The benefits leading to your script being picked up by someone having already been budgeted and scheduled, the advantages are numerous. For one, putting forth the effort to create a film budget and shooting schedule for your film production immediately sets your script ahead of the ones whom have not taken this key step.

Knowing the cost of producing a film is critical to obtaining financing and distribution. Being able to articulate to an interested party how much funding will be required to produce a film enables them to make multiple decisions which they would not necessarily be bothered nor able to entertain with a screenplay alone, for which one presumes they might receive literally thousands.

Additionally, this effort and resourcefullness demonstrates initiative on the part of the writer/producer/director to ascertain the fundamental fact of the film production: the cost to produce the film.

Further to this point, knowing the cost of the film production overall and where it will be shot, aids in determining what film tax incentive amount the filmmakers might expect to receive from local government institutions, funds, grants, etc. Knowing the budget of the film enables a buyer to be able anticipate what type of foreign sales (advances) they might be able to expect as well.

This all leads to potential purchasers to able to figure what amount of equity, or hard cash, will then be required on their part, or their financiers, to proceed to produce the film.

So knowing your cost of production sets you and your film apart from others submitting only a screenplay, as one which has made the effort to enable the key factors required to make an informed decision. It also conveys your commitment to getting the film made and willingness to  have an understanding of the process of filmmaking, for the budget and schedule is a roadmap to the production.

It is a reflection upon you and your team that you have undertaken to understand how the film will be made by having a professional film budget and schedule created for you by a veteran line producer, for what you will then have, a package, not just a screenplay, to present and they, to investors and financiers.

Contact FilmBudget.com to obtain an immediate quote on our services, which include a finance and camera ready film budget and schedule package, film finance plans and film tax credit analysis and production consulting.

Follow us on:

Facebook

Twitter

LinkedIn

AFlogo2

Film Budget | European Film Festival in China 2011

EUROPEAN FILM FESTIVAL IN CHINA

Europe is marketing its movies to China and apparently, the Chinese are loving it!

 

Such is the success of the annual European Union Film Festival in China that the event, which is now its fourth year, could be expecting greater numbers than ever before!  Last year, the event expanded to showcase films in three Chinese cities and according to EU Ambassador Markus Ederer, the number of moviegoers increased from 5,000 attendees in 2008 up to 13,000 in 2010.

 

What: European Union Film Festival

 

When: November 1st – 30th 2011

 

Where: Beijing and two other cities in China (TBA)

 

The film festival, organized by the Delegation of the European Union to China and supported by the Embassy of Poland,  invited all 27 EU Member States to showcase one recent, popular and successful film.

 

The organizers of the festival hope that the event will increase the appreciation of European films and culture among the Chinese, hence paving the way for the possibility of importing European movies into China in the future.

 

The films screened at this year’s festival include a diverse mix of local flavors and a wide-range of genres from comedies and dramas to documentaries. Moviegoers can view their films of choice in commercial theatres as well as in cultural institutions.

 

Among this year’s selections are some of the following European picks:

 

France – “The Piano Turner”

 

Denmark – “Aching Hearts”

 

Italy – “20 Cigarettes”

 

Portugal –  “Beauty and the Paparazzo”

 

Each film is screened in its original language with English and Chinese subtitles.

 

Meanwhile, the European Film Academy has unveiled its nominations for the 2011 European Film Awards. You can see a full list of the nominees on their official website – www.europeanfilmacademy.org

 

Winners will be announced in a December 3rd ceremony in Berlin.

 

###

 

Film Budget | The international leader in worldwide film budgeting and scheduling production services for film finance, production incentives and film tax credits.

FilmBudget.com

 

 

 

Film Budget .com | American Film Market (AFM) 2011 Film Finance and International Sales Roundup

American Film Market (AFM) 2011 Round-Up

 

The 2011 American Film Market is winding down at the moment and as promised, this year’s event is proving to be quite a success!   Though film financing remains a difficult proposition, projects with the right combination of well known talent, directors and strong marketing prospects funding is on the rise in combination with lenders, equity, gap,  film tax credits, co-productions, government funding and incentives.   The market is indeed hungry for quality films to distribute with solid packages, a film budget with a reasonable recoupment potential and name talent is the constant mantra.

 

Here are a list of some the deals that were made at this year’s AFM:  (updates forthcoming as we write)

 

* IM-Global takes rights to ‘The Sister’ for Europe, Latin America

 

* Universal Pictures International Entertainment has picked up rights to Content Film’s ‘Hard Boiled Sweets’ for the UK, Australia, New Zealand, Benelux and Scandinavia

 

* Drafthouse Films has picked up crime drama ‘Bullhead’ and raucous comedy ‘Clown’, for distribution in North America

 

* Sony Pictures Worldwide Acquisitions has picked up domestic distribution rights to ‘Bel Ami’, from Protagonist Pictures. The company also picked up comedy ‘Bailout’ starring Jack Black, for multiple territories including North America, South America and Scandinavia.

 

 

 

* FiGa Films has picked up ‘The Last Christeros’ (Los ultimos cristeros) by Matias Meyer, which had its world premiere in Toronto Film Festival (link to blog on Toronto Film Festival), and ‘Machete Language’, directed by Kyzza Terrazas, which had its world premiere in Venice.

 

* FilmDistrict has acquired ‘Drive’ the Nicolas Winding Refn-directed film adaptation of James Sallis’ suspense-themed novel

 

* Sierra Pictures announced the acquisition of ‘Rampart’, a crime thriller starring Woody Harrelson. The company also picked up comedy ‘Darling Companion’, which stars Kevin Kline, Diane Keaton.

 

* Tiberius Film has picked up a trio of horror sequels – ‘Piranha 3D’, ‘Children of the Corn: Genesis’ and ‘Hellraiser: Revelations’ for the German market.

 

* Exclusive Media Group picks up international rights for ensemble drama ‘Disconnect’

 

* Lightning Entertaiment picked up 7 films including ‘Brake’, ‘Columbus Circle’ and ‘Wrath’, making their world premiere debut at the AFM. The other films are ‘Boy Wonder’, ‘Bloodwork’, ‘The Trouble with Bliss’ and ‘Scents sand Sensibility’

 

* Wild Bunch acquired the international rights to Academy-Award winner Geoffrey Fletcher’s directorial debut ‘Violet & Daisy’

 

* Los Angeles-based film production, financing and foreign-sales company Unified Pictures has entered into a three-movie deal with Vancouver-headquartered production-finance group Bron Studios

 

 

 

Announcements of major financings include:

 

* Exclusive will finance Matt Damon’s ‘Yesterday’ with Focus Features handling U.S.

 

* Endgame Entertainment announced the creation of Endgame Releasing, to provide as much as $500 million in funding for marketing and distribution of four to six wide release movies per year through major studios. One of the first movies to tap into the fund will be the movie ‘Looper’  starring Joseph Gordon-Levitt and Bruce Willis.

 

* W2 Media has come on to co-finance and distribute ”The Theatre Bizarre 2,” a sequel to Severin Films and Mataluna Prods.’ ”The Theater Bizarre” horror anthology.

 

* Green Isle Entertainment has entered into an initial $60 million dollar multiple picture financing agreement for film budgets with Allegiance Capital Corp.

 

* IM Global to finance $20 million action-drama ‘Hummingbird’.

 

These are just a few of the ‘official’ announcements. With the AFM still underway, many more similar announcements are anticipated in the coming days. With deals being made fast and furious – don’t miss your chance to catch a piece of the  action! For more information on this year’s AFM, check out the blog on filmbudget.com

 

 

Filmbudget.com is the international leader in worldwide film budget and schedule line producer film budgeting production services.  Film finance and camera ready movie budget and schedule packages.

 

What is the difference between an indie film budget and a major studio movie budget?

When creating a film budget and schedule production services package for film producers, writers and directors it is important to know whom your end user is going to be.   General formatting of a film budget varies from studio to studio and between production companies.

While there is some standardization in accounts used by the various production companies, with each having there own chart of accounts, they likewise each have their own way of outlining and detailing the accounts and categories that make up a film budget and shooting schedule.  When it comes to indie film budget and schedule creation the field is much wider as are the options and possibilities for style, standards and formats.

A quality indie film budget and schedule has all of the basic elements of a major Hollywood studio movie budget, yet with somewhat more detail and some elements that are not required by a studio film budget set of documents.  For example, an indie film budget will almost always have a completion bond as part of its bottom line expenses.   A completion bond can be thought of as somewhat like an insurance policy, for the investors.   The bond as it’s known as protects the film financier from overages and the possibility that a film cannot be completed.   The completion bond company charges a fee and will interject itself and its professionals into the production process to ensure a film production is completed according to its indie film budget and schedule as layed out in pre-production film budgeting process.

A major Hollywood studio film budget on the other hand will generally not have a completion bond expense included due to the fact that a deep pocketed film production studio can insure itself against such calamities.   This is done with management control over the production, proper oversight and a realistic approach to studio film budgeting which may be absent in the much larger and far reaching indie film budget universe.   Similarly whereas an indie film budget and schedule may not contain a large overhead charge from the production company, a studio film budget will almost certainly carry a large overhead charge against the overall film budget perhaps as high as 10-15% of the budget.   This charge not only helps offset overages in productions under their supervision, it also helps defray office, facilities, executive travel and other business expenses by recouping them from the movie budgets of their film productions.

Due to the above elements and the very nature of indie film budgeting and scheduling, the common fact is that these film budgets are lower in general.   While not carrying the overhead expense, indie films also can shoot for less, do more with less and obtain more favorable rates across the board because they are not taking on such massive financial expenditures like the majors.

 

 

Indie film budget and schedule expert