Our series of shorts are heavily dependant on costume, make-up so it has been decided that the most money should be going towards these two departments.
Upon paying the actors, I felt it would be cheaper to pay the actors per film rather than paying their travels because locations for the film will be difficult to get to without access to a car. Our initial suggested rate would be to pay each actor £50 per film, which meant paying them £150 in total. As we have 3 actors the total for raising a budget would be £450, which was a lot for a low budget film especially before suggesting rates for the make-up and costumes. So we brought the amount down to £30 per film per actor, which in total is £270
Upon deciding how much we feel was a decent amount for costume and make-up, I asked Guy Allon how he would work with a low budget and if there are certain aspects of the film to put more money into. I had also asked how he would calculate how much money goes into each department. I received a reply saying,
We knew the film is heavily dependant on costume an make-up, so we agreed costume £80, make-up £150. This was decided in terms of how much we felt were able to raise, and if we weren't able to raise the money, how much we can afford to pay in total. This brought the total up to £500.
After describing the project to Guy and telling him about putting money into make-up and costume he agreed that I was right in putting money towards these two departments.
'It all depends on the project itself, since each project would require more money or less money in certain departments. Unfortunately there isn't a straight answer for this question.'
After describing the project to Guy and telling him about putting money into make-up and costume he agreed that I was right in putting money towards these two departments.
'Definitely make-up and prosthetics and maybe on costume depends on what style they wear'
Then we had to think about props and catering £20 props in which the costume designer could make and some props we can find at home, £60 catering which means finding bargains for food/drinks. Usually cases of water costs £2
Variety of mini bites/snacks £1 per packet
Some examples below:
Food served on the day for lunch depends on the facilities we have. For example, we may get a discount on using the restaurant at Shorne woods, as they have a restaurant and cafe there.
If it is in a location where it is difficult to get food, we will have a runner who can pick up some hot food around the area where we could find a independent caterers who can provide hot meals to go.
The catering in total pushes the budget up to £580, Therefore raising £600 for the production, non-inclusive of location prices. If we are able to raise £600, we will then be able to utilise our own money for the locations and some for the crew in return for their help on the shoot.
To raise the funds for the kickstarter campaign we need the following information:
Production Company, Script/Story ideas, Genre, Target audience, Characters, locations, costume and make-up design mood boards, intro to crowned their work background, breakdown of budget.
Decided to use Kickstarter for the campaign so it allows funders the option to back out so they don't feel pressured into funding.
Rewards for backing are as follows:
Rewards for backing are as follows:
We feel these rewards are decent compared to the amount people are funding.
Learning from Guy Allon, a producer of low and high budget films, I have been told that Executive producers are investors who have funded towards the project. 'To get an executive producer credit they must have raised at least 20% of the budget... All the invested amount is given back to the investor'
This helped me decide on the executive producer credit reward when funders pay £100 or more.
He also advised me that if 1 investor invests the whole production, the investor holds the rights, so it is advised not to give all the rights away. I did not want any investor to hold all the rights to our film, so I broke the funding down where no 1 investor can invest in the whole film. Investors can hold rights to the film so to prevent them from taking the rights to the film, I was told to write an agreement that they get a percentage when they want to make a prequel or sequel such as rights to a character, or rights to a location in the film.
When asking banks to invest they ask who is involved in the film? such as cast and crew and is it viable? During the production, if at any time they feel the project will not be completed, the bank will send a completion guarantor to the set to complete the project. This can be bad because they do not think about the creatives of the production as long as the production is completed within the budget.
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