Hollywood film production
- Hollywood makes approximately 120 films a year.
- High production values- high budget affords
- Special effects
- Actors
- Great script
- Exotic locations
- New camera technology- camera work
Block busters
Block buster is a high budget production and is aimed at mass markets. It also mostly relies on vital merchandisings. No Block buster film gets to go ahead unless it can justify itself in terms of its TV spin-offs, squeals merchandising, opportunities and DVD tie-in.
Spider man 2
-before: deals ($30m).
-Script and development cost a total of $10m and the script is only 5% of the total budget.
- Writer David Koepp netted an eight-figure pay-day.
- Prize winning novelist, Michael Chabon
- Likely uncredited but well paid script doctors were drafted in to re-write certain scenes.
Licensing cost them $20m.. Marvel owns the Spider man character, and has owned the character since Sony brought movie right in 1999. This caused ongoing bickering and ligation between Marvel and Sony. Because of this, it pushed the licensing price up even further. Stan Lee the co-creator of spider man acts as an executive producer on spider man 2. For this he gets paid $1m (£540,000)by Marvel. Stan threatened to sue for share of profits from licensing.
During the shoot ($100m)
Most of the money goes out to the stars of the movie, the director, and the producers. They are paid a traditional weekly wage for the length of the shoot.
Above the line: this costs the studios to be committed to paying before the cameras role.
They pay and costs:
- Producers - $15million
- Director- $10million- The director has less and less autonomy and is obliged to cut or shoot.
- Below the line- $45million
- The physical production expenses cast- $30million
The amount of cost after all of the editing was $70million and the special effects alone cost $65million. The lions share of the post-production budget is now spent on special effects and editing is a sizeable chunk and effects the budget on block buster. It is one of the big spends that is growing fast. Music cost $5million and was no more than 2% of the budget. Danny Elfman composed the music for spider man 2 and did it for about $2million. Sony music soundtrack puts out the official soundtrack with tracks by Jetand Train.
The sell was $75million and the cost of prints and advertising was also $75million. The prints and advertising is not included in the actual production budget. This is because studios will spend more money on marketing the film rather than that making of the film which was $200million. Spider man is worth about $821million (£446million) worldwide!
