Film budgeting refers to the process by which a line producer, unit production manager or filmmaker prepares a budget for a film production. This document, which could be over 150 pages long, is used to secure financing for the film and lead to pre-production and production of the film. Multiple drafts of the budget may be required to whittle down costs. A budget is typically divided into four sections: above the line (creative talent), below the line (direct production costs), post-production (editing, visual effects, etc.), and other (insurance, completion bond, etc.). Film financing can be acquired from a private investor, sponsor, product placement, a film studio or entertainment company, or out of pocket funds.
Read more about Film Budgeting: Elements, Tactics For Cutting Costs, The Budget As An Advertising Tool, Going Over Budget, Examples
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“You should look straight at a film; that’s the only way to see one. Film is not the art of scholars but of illiterates.”
—Werner Herzog (b. 1942)