Music Video Package Prices

S

steev'sHVX

Well-known member
I am now working directly with a music management business. I need to setup a price tag for different packages the artist can choose from. what things would you take into consideration when creating this list. what do your packages consist of?
 
As a production company you should think more about what it cost you (time, gas, workers, equipment, insurance etc.) to provide a production service. After you get a total add on a reasonable profit percentage to your expense total and you should be within a working ball park. Keep in mind that someone else's pricing might not work for you do to region, ability, and assets. Hope this helped.

-Gearie
 
Package pricing is an invitation to rip yourself off. It takes no account of the reality of being on set or in post, where things do not always go as planned.

Will your package price be able to account for multiple takes & camera setups? Will it allow for greenscreen compositing? How about when the talent needs more takes than you allowed for? Or when the greenscreen turns into a rotoscoping job?
 
im building a price plan ill post it soon for opinions. i need some sort of ball park range to throw at a client. no one likes suprises when it comes to the bill. and packages are good for ppl who cant afford everything i have to offer.
 
now should i throw a price on everything. im talkn details. hourly wage, , one camera over another, lights effects, transitions, black and white, audio, the bag of cheetos i eat while editing. is it just one huge list of an invoice or should is it best to go with a nice hourly rate.
 
Well like I said earlier. Everyone is different based on what they are bringing to the plate. Be realistic and fair and you should do pretty well. Also find out what most people in your neck of the woods are charging. But don't go the cut throat way of under cutting them because you and your production will pay for it in the long run.
 
im meeting up with the music manager to discuss prices today. i decided on $50/hr based on about 40hrs a video not including production cost. driving is going to be .55cents a mile. the music manager is asking for 20% of the profits. and we are a two man team so profits will be split.
this includes everything it takes to make the video as long as they cover production costs.

so in the end its an average personal profit of $800 for 20hrs of work.
 
A one man band (solo you alone) for 10 hr day with gear $900.
I have friends who do rap videos and get ripped off on every video. The guys (music managers, artist etc.) always want everything for nothing.

I equate it with doing wedding video's (which I won't do either)- they'll always be another guy that will do it cheaper. Good luck
Just my 2 cents
 
iused to ger ripped off. now i realize ypu win some you lose some so after our meeting today we decided on a flat rate of $2000 which is pretty much is a deposit considering once we discuss rental equip and the rest of the cost to power a music video. but in the end im going to profit $1000 a video. now i think of that as some videos ill come out easy and some will drag on and ill feel like its not worth the work. i guess theyll just have to balance each other out. so now that its pretty much set in stone. do you think its worth it. i know its gonna benefit me in the end but would u take an offer like this
 
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