Film Production in the UK – Jan to Sept 2011


Film Production in the UK – Jan to Sept 2011 – Report from the BFI Research and Statistics Unit – 3 November 2011

Eighty-six films achieving film budgeting levels of £500,000 or more entered into principal photography in the United Kingdom during the first quarter of 2011.  This amount of production starts represented the lowest rate in 9 years.  Of these productions:

-Twenty-three were co-productions

-Forty-seven were domestic UK features

-Sixteen were inward investment films



Undoubtedly these figures have supported and lead to Prime Minister David Cameron’s recent extension of the film tax credits program through 2015.


Read the full report from the British Film Institute is the international leader in worldwide film budgeting and scheduling line producer film production services.


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 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.


American Film Market – AFM – International Distribution, Financing and Sales Market

AMERICAN FILM MARKET 2011 – Be Pro-active, Prepared & ready to Pitch!!


Are you an enterprising filmmaker, producer or writer with a brilliant idea looking to make the right connections in the business, obtain film financing and get your project underway?


Well, now may be the break you’ve been waiting for! If you don’t already know about the American Film Market, then its time to do your research and seriously think about attending this event.


There’s a well-known expression in the film business – its not what you know but who you know, that really counts.  It may be a common cliché but there is plenty of truth to the old saying. The problem most of us in the business encounter, however, is the ‘how’ and ‘where’ aspects of getting to meet these so-called ‘right’ people. This is precisely why forums like the American Film Market  (AFM) present such a golden opportunity.

A quick synopsis of the AFM – it is organized by the global trade association of independent film & television producers and distributors, known as the Independent Film & Television Alliance (IFTA). It is an eight-day event held in Los Angeles (from Nov 2nd -9th ) in which more than 400 films will be screened and more than 400 production/distribution companies will be exhibiting. It is an international event, with 8,000 attendees from more than 70 countries expected to attend. Furthermore organizers estimate that more than $800 million in deals will be closed this year.


What:  American Film Market

When: November 2-9, 2011

Where:  Loews Hotel – 1700 Ocean Avenue, Santa Monica, CA 90401



If that sounds enticing and you’re keen to get a piece of that estimated $800 million pie, then you’ve got be willing to pay the price for the ticket. Passes for the event start at $345 and upward.


Also, a word to the wise – be prepared. Like any opportunity, the AFM will be most lucrative to those who do their research and adopt a professional, business-like approach to the forum. Most importantly – do your research! This really cannot be stressed enough.  It is important to identify your goals – ask yourself, what it is you want to achieve from the AFM? Once you’ve identified what you want to get out of the forum, the next step would be develop a target list of the people you want to meet and then proceeding to scheduling the key meetings.


Finally, you should be aware – the AFM is not a festival. While a number of films are screened at the festival, there are no competitions and subsequently no prizes. It is essentially a coming together of a range of ‘buyers’ and ‘sellers’ in the film industry. An opportunity to network with your peers, raise money for projects and possibly even walk away with some signed contracts.


So be pro-active, be prepared and be ready to pitch! Keep these things in mind and you just never know what you may walk away with….




Get ready for the American Film Market with a film budget by – the international leader in worldwide film budgeting and scheduling production services.

Film financing, distribution, foreign sales, film tax credits and your investors require an accurate, quality film budget that is reliable and bankable.

Celebrating 25 years experience producing major studio and independent film for the international entertainment industry.



Film Budget Inc. | | Worldwide Professional Film Budgeting

Cost cutting in the film world has always been a buzz word.  However, in today’s credit strapped economy reducing the level of a film budget has become a necessity more than ever.

From large scale, tent-pole, enormous film budget productions to mid-level movie productions and of course the lower tier film budget range, the pressure from lenders, studios, production companies, investors and sales executives has increased dramatically.   Salaries have continued their downward plunge at all levels.

In addition to the financial downturn, the credit crunch and the lack of capital for movie production, the states have compounded the problem by pulling the rug out from under their growing local film industries that were beginning to gain self-sustaining momentum with the aid of film tax incentives programs which got the ball rolling.   Rather than stick with these job creating, and industry generating film tax credits, they have systematically pulled the plug on them, thereby exacerbating the film finance situation.  Fortunately, foreign governments realize the importance of supporting the entertainment (ie. culture) sector and they continue to expand their support mechanisms.

Therefore, filmmakers must do much more with much less, now more than ever before.  It is critical to have an extremely tight film budget and shooting schedule, however one with great production value built into it.  The critical eye of a seasoned line producer is required to make the tough decisions on where to cut the budget and where to enhance it.   Which departments can get by with less and which demand being saved from the axe?   A knowledgable line producer deals with these questions daily and reducing the budget is not new to them.

One such expert in the field of film budgeting is – founded by veteran major Hollywood studio and indie film producer Jack Binder (‘Reign Over Me’, ‘The Upside of Anger’, etc.)  Here is a video trailer of Jack’s producer credits:


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

12 VFX Facilities in Los Angeles | Film Budget

List of 12 Los Angeles VFX Facilities – Film Budget – Line Producer – Film Production Services

We decided to assemble a list of 12 leading VFX facilities in Los Angeles in the face of the turmoil in the CGI industry.   Due to competition and increased pressure on the film budget of most motion picture productions, companies have had to outsource and cut rates extensively.

In the face of the visual effects industry contraction and mounting challenges to the current economic model, we are glad to see these companies maintain their California based roots.   We hope they continue to employ local filmmakers and artists in the field of computer generated imagery, animation and vfx work.


Eden FX

1438 N. Gower Street Building 50 & 16, Box 19, Hollywood, California

(323) 993-7050 ‎ ·


S4 Studios LLC

5657 Wilshire Blvd #290, Los Angeles, CA

(323) 937-2100 ‎ ·


Prime Focus Global Integration

1800 Vine St # 100, Los Angeles, CA

(323) 461-7887 ‎


Point360 West

12421 West Olympic Boulevard, Los Angeles, CA

(310) 481-7000 ‎ ·


Scanline VFX La Inc

12910 Culver Blvd # C, Los Angeles, CA

(310) 827-1555 ‎ ·


Rhythm & Hues Studios

2100 E Grand Ave, El Segundo, CA

(310) 448-7500 ‎ ·



941 North Mansfield Avenue, Los Angeles, CA

(323) 606-5050 ‎ ·


Steele VFX

5737 Mesmer Avenue, Culver City, CA

(310) 656-7770 ‎ ·


Look Effects, Inc.

Suite F, 12910 Culver Boulevard, Culver City, CA

(323) 469-4230 ‎ ·


Zoic Studios

3582 Eastham Drive, Culver City, CA

(310) 838-0770 ‎ ·



727 South Main Street, Burbank, CA

(818) 531-7200 ‎ ·


New Deal Studios

4105 Redwood Avenue, Los Angeles, CA

(310) 578-9929 ‎ ·


These visual effects companies work on a wide range of movie productions with both large film budgets and those with a more modest indie film budget supporting their vision.   A good visual effects team can contour a proposal for any size move and offer a wide range of visual effects imagery.