THEN GO DO IT.
Yup.
There have been some bold, bold statements made. One hopes they will be matched with deed in the near future. Would be an interesting thread to revisit in 6-9 months.
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THEN GO DO IT.
Did you just tell people to throw caution to the wind and risk their financial future by spending their last savings and two years of their life on something?I'm gonna stay in the 10K camp
It can so be done.
blah blah with all thing being equal and on par and nailed ...... DER NO s**t SHERLOCK
The simple answer is YES YES YES
Of course it can and should be
-
Is it a rare feat ... yes. We know this
But don't tell someone they can't
BUT I WILL AGREE WITH BARRY on one particular point
THEN GO DO IT.
(Preaching and knowing I too need to just poo pooING do it)
No. It didn't get built for $18000. It got built for the amount of the loan. It was not going to happen without the loan. Your $18000 by itself was not going to get it built. It may have cost you 18000 up front, but it's going to cost you the entire amount before you're done. That's now much it costs. Not the $18000. You just get a reprieve on paying the rest of it.
Honestly, this is such a simple concept I, don't understand why I need to explain it again.
Nope. Again, you're talking about future costs for the person who obtained the loan (not, say, the bank, who provided the funds up front).
You as the *producer* received work done on deferred payments (paid if/when the film is ever profitable). Unlike a bank, if your film is never profitable, chances are those deferrs will not be paid thus never affecting the original budgeted amount.
If you involve future costs then you have to involve future profits in which case I could say, "It didn't cost me a penny to make my movie. I made 5K in profits after all was said and done, so that means I was paid 5K to make my movie. So an AMAZING feature can be done for NEGATIVE $,5000"
You can't include future expenses in the front-end costs if you're eliminating future profits; for all intents and purposes both are fictional entities until the money/deferreds are actually paid out.
But let's look at this in easy-to-digest terms.
You make a feature FAN FILM with your friends for 10K which has ZERO POTENTIAL to make any profits whatsoever.
How much did your film cost to make?
Did you just tell people to throw caution to the wind and risk their financial future by spending their last savings and two years of their life on something?
Anything is possible. Is 10k really going to ruin someone's life? Doubtful.
People spend far more on luxuries they don't really need.
Well, Mark Harris just started this thread:
http://www.dvxuser.com/V6/showthread.php?247516-Good-Interview-with-Ed-Burns
So it looks like Ed Burns just made a feature, using a 5DMKII, for a shooting budget of $9,000.00. He also makes some good points about the economics of low budget shooting.
Very relevant to microbudget indies, and a good reality check for those with unrealistic dreams of stardom.
http://www.indiewire.com/article/toolkit_ed_burns
Nice! Thanks for posting this. Doesn't look like he's saying anything other than the same thing most of us here say: we're not waiting around for someone to give us money to do what we want to do. It's also cool to see a guy like Ed Burns isn't saying that there's no chance of making money here, or breaking even. He's clearly pointing out avenues in which the no-budget no-namer can recoup their small investment. ITunes, for example.
Even THEN, his path isn't gospel, either. It's definitely great to read that someone with some success under their belt is still down to grind on a thin budget.
Shooting a feature that turned out "amazing" for $10K?
First off, amazing can't be in relationship to the budget because potential audience doesn't care. It has to be amazing compared to a studio feature, which is the common point of reference. Studio features are made by huge all-pro crews that know exactly what they're doing.
To make an amazing $10K feature you'd need a perfect storm, which I don't think any mortal could ever pull off. Look at it this way: If it were even remotely possible to do it, don't you think producers would we making these 10K films and banking the profits? Hell, a producer could fund 1000 of these films and if only 1 worked it would pay off all of them and the producer would still bank a profit. I don't see anyone following this model in the real world.
Yeah. You have to risk it for the biscuit.