Which is considered below the line in a production budget?

Which is considered below the line in a production budget?

BELOW THE LINE DEFINITION Below the line in production refers to, in a budgetary sense, any production costs that are not “above the line.” This can include film crew salary, publicity, music rights, and cutting together a trailer.

What is the budget for a low budget film?

The general consensus is that a feature made with less than a $2 million budget is considered a low budget movie. However, with the average cost of a film running between $70-$90 million, that number may be somewhat flexible. Take a look at some low budget films that were a commercial success.

What is below the line in film production?

Below the line credits (also called BTL) in film production refers to the positions responsible for the day-to-day work of making the film—during pre-production, production, and post-production.

How do you budget for film production?

Build a Foolproof Budget for Your Short Film or Video

1. Outline Your Production Schedule. Mapping out a time frame for your shoot is helpful in determining your budget.
2. Start with Your Hard Costs.
3. Actors and Crew.
4. Plan Your Edit.
5. Consider All Costs Involved.

What does below the line mean in a budget?

The below the line definition is income or expense in accounting which have no noticeable effect on company profits in the current period; however, it is an unofficial term. This term is used by people in-the-know who deal with above and below the line items and account for expenses regularly.

Why is it called below the line?

The “line” in “below-the-line” refers to the separation of production costs between script and story writers, producers, directors, actors, and casting (“above the-line”) and the rest of the crew, or production team.

What is the cheapest film ever made?

At a time when so many independent film-makers boast about how cheaply they made their movies, Australian director Scott Ryan may well be able to claim a record with his first feature, The Magician, which cost a mere €1,600.

What was the budget for Avengers?

220 million USD
The Avengers/Budget

What are below the line expenses?

Is a production designer below the line?

Below the line positions typically include: Production Designer. Costume Designer. Hair and Makeup. Production Sound Mixer.

What is the formula for the production budget?

For a Manufacturing company, the next budget is a Production Budget. It uses the Sales Budget and the Finished Goods Inventory account. Budgeted Sales units + Desired Ending Finished Goods Inventory – Beginning Finished Goods Inventory = Units to be produced.

What’s the average budget for a movie?

The average cost to produce a major studio movie has been around $65 million. But the production costs don’t cover distribution and marketing, which adds another $35 million or so, on average, bringing the total cost to produce and market a major movie to right about $100 million.

What makes up the below the line budget?

PRODUCTION BUDGET (BELOW-THE-LINE) Production Budget contains the majority of the overall accounts. All pre-production and production costs, equipment and BTL (below-the-line) labor are accounted for in this category. Almost everything is managed in this category: locations, permits, trucks, camera, grip and electric, etc..

How to categorize your film production budget?

A common way to categorize the accounts broadly in your film budget is to divide them into Above the Line, Below the Line, and Postproduction budgets. In Above the Line, you might have Cast, Director, Producers Unit, ATL Travel, etc.

What does below the line mean in film?

Working below the line in film is often talked about as being a daily grind. When people in film use the phrase below the line worker they will often be talking about how tough their job is, how long their work hours are, and maybe how they aspire to be working above the line one day.

Can a production designer be below the line?

No, not at all. If you are below the line on a production, you are in good company. Even major positions are considered below the line such as the production designer, editor, and DP.