1. How is a $10 million dollar gross for an independent film typically broken up before the producers receive their share? How much goes to the following entities / categories?
Exhibitors: 60% of gross, $6 million
Distribution Rentals: 40% of gross, $4 million
Distributor’s Fee: 30% of the distributors share, around $1.33 million
Prints and Advertising: $3 million (as a minimum - this is 1/6 the average in 98, and around 1/9 of todays average)
Payout (financiers, director, stars): profit split up between financier and producer. but theres no profit, cause the film is in the negative..
Producer’s Net Profit: negative $333,000
2. What is an "execution dependent" screenplay?
A screenplay that needs to be seen to be appreciated is referred to as "execution dependent". Its a script that doesn't rely on dialogue to move the play forward but instead relies on action, which may be hard to understand and visualize when simply reading the script.
3. What are some of the expenses associated with the Cannes Film Festival (or any festival, for that matter)?
Cannes has a laundry list of expenses that add up very quickly. Probably the biggest expense comes from Cannes' requirement of the submission of two prints that have subtitles in French. The filmmaker has to come up with the money for a translation of the dialogue and the two new prints, as well as paying to have them shipped to France. In order to spread the word about their film, the director must also provide press packets and publicity, as well as expenses to attend parties. During the festival hotels raise their prices, and the festival only covers the director's hotel room for three nights. Any time beyond that, and any rooms for people other than the director, have to come out of pocket. All told, Shamus estimates that Cannes' budget is around $150,000 per filmmaker.
Tuesday, November 25, 2008
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