Why a Professional Movie Budget by a Line Producer is a Film Finance Requirement


Why is a professional movie budget by a line producer a film finance requirement?

For anyone living under a rock the last few years it should be extremely evident that the financial world was rocked, stirred and shaken.  As it begins to recover certain truths have emerged:


1. Scrutiny – Finance sources are under more pressure than ever to engage in more intense scrutiny of investments than ever before.

2. Risk Aversion – Capital markets have adopted a new risk aversion that makes the past laughable and seemingly like wild party days.

3. Return on Investment (ROI) – Investors were smacked over the last four years.  They want, rather need to see a strong return on investment.


For these three main reasons alone the intensity of the importance of a movie budget created by a professional line producer is critical.  Film financing today demands a fresh look at the markets for film distribution and correspondingly the true cost of the film budget associated with the expenditure of their funding.  A movie budget must be created with experience, be detailed, accurate and created by a veteran producer with extensive experience analyzing every aspect of the production.  No formulas, templates, sample film budget or software program can inject the knowledge of a production manager scrutinizing every detail, parameter, contingency and aspect of the movie budget that investors would expect them to have undertaken.

Filmmakers should be prepared, invest in themselves and present their investors and lenders with qualified, professional film budgets for analysis.  Shortcuts most often lead to dead ends.


Jack Binder



Why is a movie budget from a line producer critical for film finance?

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.


Film Budget Inc. | Filmbudget.com | 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 Filmbudget.com – 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:


3 Top Film Finance Expert Sources

The film financing market is showing signs of life again. Pre-sales and negative pick-ups were up and funding every range of film budget at the Cannes Film Festival and the Cannes Film Market.

So we thought it might be helpful to our readers to list three sources for film finance information to assist in finding financial sources for film funding of your film budget toward the greenlight required for motion picture production. While certainly not a complete list and we will be posting more here are some key resources to get your film budget the critical investor, financier or lender required to get your film made.

1. Jeff Steele’s Film Closings – Jeff Steele is a film finance expert based in Venice, CA and Chicago. Jeff provides expert insight into the pitfalls and advantages of properly aligned financial documentation and managing expectations across the film finance process. Jeff is a strong proponent of hiring a professional line producer to create a custom and accurate film budget and schedule for any serious movie production seeking financing.

2. Film Finance Forum – Film Finance Forum is the preeminent conference for the film finance, movie and television production industry. Panelist relay their expertise on matters of the funding, production, bank lending, studio and independent film budget realities and marketplace analysis. Presenters range from studio executives to bank representatives. Filmbudget.com founder Jack Binder is a regular attendee to the conference. FFF operates in NY, LA, Cannes, Singapore, Moscow and other locations.

3. Film Finance Summit – Film Finance Summit is likewise a film industry leader in movie financing seminars and conferences. Past speakers include film financing attorneys, bankers, film tax incentives professionals and film producers. Filmbudget.com Founder, Producer Jack Binder has been a guest panelist for Film Finance Summit Conferences.

Foreign Sales Agents and Film Finance Recommend a Custom Film Budget by an Expert

As Cannes kicks off it is again quite clear the message coming from the foreign sales agents and the film finance people. Consistently the message to producers is for them to obtain a quality, custom and accurate film budget and schedule from a hand crafted screenplay breakdown created by a seasoned line producer.

As foreign sales prices continue to fall and the dvd market shows further weakness, the clear implication is that the film budget must be reevaluated for todays economic reality. Early on the producers representatives are likewise insisting that they become more involved in the film budgeting process to ensure the filmmakers create a film budget and schedule that reflects the commercial aspects that the movie must achieve to gain financing.

FilmBudget.com is the international leader in worlwide film budget and schedule production services since 1997. Producing feature film and television productions since 1986, Producer Jack Binder is an expert in the field of studio and independent feature film and tv film budgets and schedules.

Top Five Reasons For an Expert Film Budget for Film Financing

The top ten reasons for a film budget from an expert for film financing:


1.  Quality Matters:  a quality film budget and schedule matters.   An inferior film budget is an obvious affront to anyone with any knowledge to whom it is presented.

2.  Accuracy is Critical:  accuracy is critical due the the fact of exponential calculations.  A small mistake or error in the film budget can expand to millions of dollars over the life of a movie.

3.  Your Film Budget is Your Calling Card:  your film budget represents you to investors, film financiers and distributors.  You are certainly judged on the film budget you present.

4.  You Only Get One Chance:  you may only get one chance at a film finance executive of movie investor.  One ought to put their best foot forward and shine in the highest light.

5.  It Not Your Money:  it’s not.   By demonstrating your ability to delegate to a professional with experience you are telling your investors that you are serious about being responsible

with the financiers money.


For a quality, reliable, custom and accurate film budget and schedule contact Filmbudget.com – the worldwide leader in international film budget and schedule production services.


a quality film budget matters for film financiers



The Marché du Film – Festival de Cannes | The Cannes Film Market – The Cannes Film Festival

The Cannes Film Festival’s marketplace for the cinema industry

When:   11 May to 22 May 2011

Where:  Cannes, France

Who:     Jérôme PAILLARD is the Executive Director for the Marché du Film

Website:   MARCHE’ DU FILM

The Cannes Film Festival is one of the world’s most prestigious and oldest film festivals. The private event is held annually in the month of May at the Palais des Festivals et des Congrès in the resort town of Cannes, south France.

Last Year’s President of the Jury for the 2010 Cannes Film Festival was American film director Tim Burton.  This year, the 64th edition of the Festival is scheduled to be held from 11 May to 22 May 2011. The President of the Jury is American actor Robert De Niro.

The Cannes Film Market  |  Marche’ du Film

One of the Festivals annual events is the Marché du Film, which also gathers at the Palais des Festivals et des Congrès simultaneous to the Film Festival.  The Marché du Film is a hot-spot for buyers, distributors and producers for the ten day slot, dedicated to meetings and negotiations.   Global film productions engage here to obtain film distribution, film finance and foreign sales territory by territory.

This unrivaled international event allows for all professionals to develop their projects, establish co-productions and partnerships, and present their latest news.  The Marché du Film has been facilitating such exchanges, along with other buyers and sellers of the film industry since 1959, making it a major international platform for film commerce.    Producers prepare their film budgets for investors and distributors to engage in the film finance contributions to the film production.

Foreign sales companies set up shop and show their upcoming film productions, completed films and projects in development.   Many screenings take place during the Marche’ in conjunction with the Cannes Film Festival itself.  Filmmakers seek to show their films and also to finance their movie budget by raising awareness.  Film distributors are also out in force looking for the next hit film and demonstrating their current line up of films, and to find the right projects at the right film budgets to fund for their film slate of pictures.    About 10,000 persons participate with over 400 exhibitors at the Cannes Marche’ du Film – Cannes Film Market at the Cannes Film Festival.

Likewise the stars come out in force to lend their promotional support for the movie projects they are either attached to or have performed in previously.   Directors as well attend and in conjunction with the other talent help raise interest, awareness and film budgets and worldwide distribution for their movies.   Press junkets are common and the glamour of Hollywood movie stars is a welcome addition to the proceedings at every stage.

The Marché du Film, in the words of Gilles Jacob, President of the Cannes Film Festival, is “a hive of activity”, focused on the prosperity and achievements of quality cinema.  The Festival de Cannes would not be the same today without the Marché du Film.  It’s an exceptional and efficient meeting place of the cinema world, uniting artists with professionals and the media, on the French Riviera.

Maps, Transportation and Accommodation, Information

In order to participate in this coming years Marché du Film, you can book your screenings and register your company online commencing February 2011 Click Here.

Movies produced prior to 2008 and those that were already screened at a prior Marché du Film will not be accepted.

For information concerning short films, please contact the Short Film Corner at:
email: sfc2010@festival-cannes.fr

Presented by FilmBudget.com

The worldwide leader in global film budgets and schedules for the motion picture industry.

January 7th is National Silly Walks Day

The Ministry of Silly Walks has declared January 7th the National Silly Walks Day.   In such an illustriously honorable day Filmbudget.com most definitely salutes the most Monty Python-esque in us all and pays tribute to Mr. John Cleese and all the Pythons.

Film finance requires quality film budgets for film production companies to move their projects forward.   Likewise a movie budget from a veteran line producer demonstrates initiative and collaboration with knowledgeable filmmakers, writers, directors and producers.

Main Page – FilmBudget.com

-Special thanks to Roger Ebert.

AFM – American Film Market 2010

AFM 2010

The AFM 2010 American Film Market in Santa Monica, California kicks off Wednesday, November 3rd through Wednesday, November 10, 2010.   The premiere film market for independent film in the United States and the world AFM is on par with the Cannes Film Market of the Cannes Film Festival, Berlin Film Festival’s European Film Market, Sundance and now Toronto Film Festival as the mandatory stop for foreign sales agents, independent film producers, distributors, film buyers, producers representatives and production companies.   Productions with large film budgets to smaller movie budgets are represented here and every level of film budget in between representing the entire breadth and scale of the worlwide film production industry.

Worlwide Film Business

With the exponential growth in overseas (non-US domestic) theatrical and television outlets and demand, the AFM grew out of a need to represent buyers and sellers armed with finished films, screeners, scripts, film budgets and finance plans in a professional format and centralized location to conduct an incredible amount of business in a short period of time.   In order to fill supply chains built up by the demand from growing terrestrial, satellite, cable, DVD, pay-per-view globally, distributors have come to rely on the strength of the film business market presence and concentration that the American Film Market offers.

Global Entertainment Companies

Over 8,000 film executives and professionals from all regions of the globe come to participate in the industry’s ultimate film buying and selling event.   More than 400 production companies, distribution companies, foreign sales agencies and related firms are indeed in attendance with their screenplays, film budgets and finance plans, finished films and a film budget for marketing P & A, expanding their involvement in the current product pipeline business for movies, film, television, new media and all their related outlets.

Conferences, Seminars, Meetings

AFM likewise presents an ideal opportunity for filmmakers and movie industry pros to network, exchange ideas, movie budgets and product information.   Top notch conferences and seminars are held each year on film finance, foreign sales, movie marketing, film tax incentives, film tax credits, movie funds and film production.  This year is no exception with panels from industry leaders in film financing and heavyweights like Harvey Weinstein on the current state of filmmaking today.

Nowhere in North America will the film industry see a greater collection of film professionals dedicated to the production, finance, marketing and distribution of indie film and television.

Filmbudget.com is the international leader in worlwide film budgets and movie budgeting services and global film tax incentive advisor.  Specializing in providing maximum film production value for the most efficient film cost each film budget is custom tailored to our client’s projects with meticulous attention to detail.  Contact us for a quote for your film budgets and schedules, film consulting and line producer and film budgeting services.

Film Budgets custom made by studio/indie line producer