The post-production cost section is the next segment. Costs coming from locations, equipment, vehicles, permits, and food can all be found under the below the line segment. For example, Arnold Schwarzenegger was paid almost $30 million for Terminator 3 while the total budget was about $187 million!īelow-the-line-costs, also known as the production budget, account for other pre-production costs and the bulk of the main production costs. The above-the-line costs generally make up the largest portion of your big budget Hollywood film. The talent are your big-name stars like Brad Pitt, Sylvester Stallone, or Tom Hanks. A film budget can be thought of as four main cost sections - above-the-line, below-the-line, post-production, and other costs.Ībove-the-line costs are the salaries and costs to getting the rights of the script, hiring writers, directors, producers, talent, cast, crew, and the development costs. After that comes calculating the main costs. The Budget BreakdownĪs part of the pre-production checklist, the budget is created to fund your film and get the starting financing, then it becomes more detailed as you lay out production costs. We’ll be reviewing some of these tools and how they can help with the budgeting process, first we need to understand what budgeting is. Coming up with a budget can be a long, difficult process, but there are tools out there to help you along the way. When it comes to budgeting decisions, you need to choose what expenses are and aren’t worth keeping. These low-budget movies managed their small budgets right, which was crucial to their success. Some other well-budgeted films would become some of the best low-budget films, including Paranormal Activity, Clerks, and cult classics like Napoleon Dynamite and The Blair Witch Project. Open Water, a low-budget horror film, made $55 million on a $130,000 budget. A movie like Blackhat, staring Chris Hemsworth, had a budget of $70 million, and it only grossed under $20 million. Understand that not all big budget films budget well, and not all low-budget or short films budget poorly. Good budgeting with filmmaking software could be the difference between a box office bomb or a box office hit. It’s just like budgeting and accounting done in a business. ![]() Have you ever seen a movie and thought “Wow, I can really tell they made this on a low budget?” Film budgeting is a big part of the filmmaking process. ![]() Creating a budget is one of the most crucial pre-production steps.
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