Btcsonic.io General Information
The film industry is not only the process of creating film production and movie rental but also the huge potential for selling related material. For some people making films is the creative process but for them, it is a way to make money with their investments. The box office of the most popular films created in Hollywood reaches almost three billion dollars, which is worth only the fees of famous actors. For comparison, in Russia box office revenues reach $ 70 million.
Moreover, these amounts do not include the sale of related products from which you can also get quite a significant income.
Budget is the cost of producing a movie. Following the tradition, in Hollywood, it is called “Negative Cost”.
Although the size of this budget is a trade secret it can often be found in public information.
The production budget itself consists of several articles: development (creating the final version of the script), pre-production (creating a team and planning a shoot), production (shooting a movie), post-production (editing, effects, music).
It also includes the salary of all members of the crew, except for the remuneration of key participants, such as star actors or the director. This can be Contingent Compensation, which will not be paid until the film “goes to zero”, or Profit Participation, which means the share of the remaining money after paying all bills).
This is the creation of copies of the film (Prints), royalties to trade unions (Residuals), financial expenses (Financing costs) and overhead costs (Overhead).
Another no less important source of profit is the manufacture and sale of related film products.
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