The Wall Street Journal has a piece up by John Jurgensen about declining budgets in the music video industry, a development that has something to do with both music business economics as well as new modes of viewing and distribution. From the article: But music executives also say the big video budgets of the 1990s are generally unnecessary, now that videos are most often watched on small screens like laptops and video iPods. Reality TV programming and the success of amateur “viral” videos that viewers watch and email to friends have changed the expectations of young viewers, says Monte Lipman, […]
by Scott Macaulay on Apr 23, 2006Defamer performs a public service to film students and would-be studio producers by linking to The Smoking Gun which offers for download the budget for M. Night Shamalayan’s $71.6 million The Village.
by Scott Macaulay on Mar 2, 2006I met with a young filmmaker the other day who told me that she couldn’t decide whether she should try to make her film for $2 million, $1 million, $500,000 or even do it no-budget at $150,000. She said she wanted to make sure that whatever she did, her film would make its money back. My response was to recommend that she construct her budget based on the creative and production needs of the film as well as the resources she’s able to tap into. But to bring in the specter of profitability? Well, as I explained, a $150,000 film […]
by Scott Macaulay on Apr 27, 2005