Film Budget: Official blog of Filmbudget.com and Producer Jack Binder. Info on film budgets, movie production, film tax incentives and television budgeting.
The Orange British Academy Film Awards announces its nominees for 2011.
The BAFTA Awards is scheduled to take place on Sunday, February 13th, 2011 at London’s Royal Opera House. Celebrities and the stars behind the scenes are going to be attending and receiving awards for their work in 2010.
The Orange British Academy Film Awards is an annual event set to recognise, reward and honor individuals for their outstanding achievements in feature films that were released theatrically to a paying audience in the UK within the awards year. Further eligibility requirements can be found on their website. The event is put on by the British Academy of Film and Television Arts (BAFTA).
BAFTA’s primary activities revolve around staging award ceremonies for the UK and Internationally. It is a charity with close to 6500 members within its organization and was originally set up to advance and promote education via its events, whose aim is to create and clarify the public’s taste in the television, film, and gaming industries.
TheCannes 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.
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.
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.
Red Epic | Top Ten Questions with “Leader of the Revolution” Ted Schilowitz. Ted travels to Vietnam to meet with a Red vendor as the entire film industry there has turned to the Red Camera Systems mostly due to its impact on film budgets and the incredible image quality. Shilowitz discusses the release date (which occurred in December 2010)
President Obama signed into law on Friday, December 17, 2010 a tax package which contains the extension of Section 181 in the form of Section 744. Qualifying productions included film and television production, audiovisual, dvd programs which were produced in 2009, 2010 and which have film budgets of $15 Million or less and those which will be produced in 2011.
Section 181
Section 181 provides for a 100% tax write-off for a film equity investor in entertainment productions as opposed to the standard three year staggered write-off. Know as the ‘Runaway Production” tax bill, Section 181 helps film budgets with its benefit of allowing investors to take advantage of the 100% write-off.
Film Tax Incentives
The write-off of film tax incentive can be combined the many state film tax incentive programs around the country: Michigan, New Mexico, Louisiana, Georgia, etc. Combining such film tax credits with Section 181 can contribute a substantial return to your investors which you may offer them which can be very enticing to a film financier. The government wisely realized that helping financiers focus their film investments locally can improve the film industry in the USA and was designed to help fight the flight overseas, particularly to Canada which was growing as producers sought lower production costs and the previously lower Canadian dollar exchange rate.
Film Budgets
In todays economy and tight credit market film budgets are much more under scrutiny if able to be found at all! Film finance is at its tightest point in decades, if not a generation. While filmbudget.com is the global leader in worldwide film budgets and schedules we also figure the most advantageous place to shoot a movie or television production taking into account the local labor scenario, the best film tax incentives and of course the highest production value which the particular setting may offer.
Director Peter Jackson (Lord of the Rings) will shoot two ‘The Hobbit’ movies on the new RED EPIC camera. According to RED founder Jim Jannard, Jackson will use up to 30 of the yet released Red Epic cameras for 3-D versions of ‘The Hobbit’ and its sequel. While clearly reducing the movie budget element for film and video as well, the use of the Red is a stunning development in placing the camera at the top of the movie production world in technology reduction in film budgets and utilization by the industry. Shooting will take place in New Zealand following a major spat over actors unions and a massive effort by the government to lure Jackson to keep the film there due to the economic benefit.
The small size of the camera makes it extremely suitable for stereoscopic 3-D application in convenience for side by side mounting and lack of a need for tethered VTR’s as the camera is wire-free. While the announcement is an astonishing development for large scale film production the news is especially significant for the cost lowering effect on the movie budget of independent filmmakers.
The European Film Market (EFM) is one of the most important affairs on the calendar of the international film industry. It takes place February 10th through the 20th and is a fundamental counterpart of the prestigious Berlin Film Festival. The EFM is where the business of film is conducted and where film makers meet collaborators on their upcoming and completed works. There they will meet film producers, distributors, buyers, financiers, and other industry players all drawn in for this event bringing with them films with major support and a large movie budget and those of independent films with more modest movie budgets.
EFM is located in renaissance exhibition hall of the Martin-Gropius-Bau (MGB), the EFM Marriott Offices and at the Stands Marriott Hotel close to the festival headquarters at Potsdamer Platz. [Google Map]
The address for the European Film Market at The Berlinale is: Niederkirchnerstraße 7 10963 Berlin, Germany
Filmmakers and production companies looking to register for the European Film Market have until December 15th. You can follow the steps and guidelines on the registration page of their website
Artists are always in need of someone carrying the money bags and to provide them with a movie budget to complete their visions. In such a thought, EFM hosted 1,467 buyers looking to spend their money on such artist’s films in 2009. They came from 59 Countries (up 38% from 2008). Also, 407 exhibition companies joined in from 55 different countries. International distribution rights for 695 Films were involved in the film market from a broad range of film production companies and distributors. (Source Nordisk Film & TV Fond: http://www.nordiskfilmogtvfond.com/news_story.php?cid=1363&sid=10&ptid=4)
In 2010, there were 414 companies that registered. Also, 2,714 market badges were given out and 1,339 buyers registered (a slight drop of 9% in last years boost of buyers in attendnce). As the film finance environment continues to be challenged, the effect on a film’s movie budget can be heard loudly what the market will bear.
As for the actual Berlin Film Festival, last years winning film was from Turkish playwrite, director and producer Semih Kaplanoglu’ for his work Bal(honey); about a country-side beekeeper who wanders into the mountain forests of Turkey in search for his missing bees, as his son follows after.
Best Director went to Roman Polanski for his political thriller, the Ghost Writer, however he could not be in berlin to Accept his award as he is in house arrest. Robert Benmussa and Alain Sarde were two producers who accepted the prize on his behalf.
Best screenplay went to Wang Quanan and Na Jin for the film ‘Apart Together.’
‘How I ended This Summer’ was a Russian work that not only took shared awards for best actors Grigori Dobrygin and Sergi Puskepalis, but yet another award, the artistic contribution prize for director Alexi Popogrebsky.
Best actresss went to Shinobu Terjima for her debut in Caterpilla, a Japanese war drama.
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Filmbudget.com is the global leader in worldwide movie budget and schedule services. A quality movie budget is required by film financiers, foreign sales agents, bank lenders and completion bond companies.
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
Panasonic introduces its AG-3DA1 integrated twin-lens Full HD camcorder as the world’s first pro quality Full HD 3D camcorder with SDHC media card recording. Filmbudget.com looks forward to further on location testing however this looks to be an incredible breakthrough in the race for quality 3D on less than Cameron film budgets for the masses. As the industry embraces 3D many explosive arrivals are coming to be sure. As we prepare movie budgets and proceed with film budgeting for our clients, we will certainly investigate the validity of the new Panasonic 3D camcorder as it applies to the professional film production and high quality moviemaking environment for economic features and television productions as required in today’s cash and credit challenged market.
Film Budgets for professionals by a veteran line producer are required by film finance lenders and investors. Contact us for a comprehensive package and thank you for visiting our film budget blog for serious filmmakers looking to move their projects forward to production.
Film budgets created by a veteran line producer with years of experience on set and launching productions are required by film financiers, movie investors, bank lenders and all facets of the industry to move a production forward. Filmbudget.com provides a filmmaker with a quality movie budget to present to professional film funding bodies. Welcome to the film blog of Filmbudget.com
Film Budget Consulting
Filmbudget.com provides film budget consulting to filmmakers around the world. As the international leader in worldwide film budgeting and scheduling services, we create custom tailored film budgets for our clients of exceptional detail, accuracy and proven in the field expertise. In addition to generating such quality movie budgets and shooting schedules, Filmbudget.com also provides additional services with regards to film tax incentives, location services, production services and advice on all matters of production of a motion picture.
Film Tax Incentives
As the world competes in all geographic areas to offer filmmakers incentives to bring their films to a particular region one must weigh the myriad of opportunities available to film producers, directors, writer and actors to decide upon the right scale of film budgets and film production tax incentive or film tax credit to seek for their productions. We guide and advise on such matters for our clients suggesting a particular city, country or region for their story which is most advantageous for the screenplay and also for the film finance plan as it relates the film credits, film funds, grants, co-productions and other such moviemaking subsidies. Filmbudget.com has great experience worldwide in developing a film business plan for fellow producers which maximizes their net benefit from film tax incentives while maintaining artistic integrity for the creative values of the production.
Co-Productions
Co-Productions are continuing their expansion and growth as countries enter treaties designed to spur growth in their respective territories and local film and television production industries. Increasingly governments realize the value of partnering and forming treaties with other governments in order to promote an increase in film budgets funding from abroad and encourage partnerships amongst producers around the globe in order to bring production currency and inward investment to their territories. Filmbudget.com likewise advises and consults with our clients on the matters of film funds, co-productions and making movies across international borders.
Movie Budget
The Movie budget is the most important factor after the screenplay and currently almost of an equal nature in the current fiscal climate of tight credit and diminished foreign sales valuations of production around the world. Filmbudget.com likewise of course is an avid advisor and film consultant with regard to movie budgets and schedules which enable foreign sales agents, film finance executives, film funds, major studios and independent production companies to evaluate a potential film project for advancement in the production pipeline.
Filmbudget.com founder Jack Binder (“Reign Over Me”, “The Upside of Anger”) has been producing feature film and television productions for 25 years as well as provide movie budgets for the major studios and independent film production companies and looks forward to assisting fellow filmmakers navigate their way through the catch 22 Hollywood production maze.
Contact Us to discuss Film Budget Consulting for your production
