Learning Objectives
Identify the role of the producer




        Complete short case studies about success:

        Titanic
        The Adventures of Pluto Nash



                                Fulfil the role of a producer and budget
                                ‘Spiderman 2’
Financing
Filmmaking involves high ‘overhead’ costs to finance
the three main stages of a films life cycle before it is
released to the audience:

  • Production

  • Distribution

  • Exhibition
                         • Pre-Production

                         • Production

                         • Post-Production
Financing
The first stage in any film’s production is the attempt to
secure financial backing

The production company (those making the film) must
generate confidence in the potential revenue of their
planned film
                                                                 Harvey
    What can producers do to generate                           Weinstein
       confidence in their films?                                Head of
•   Casting of established ‘Stars’                                ‘The
•   Working within a genre proven to be a success               Weinstein
•   Franchises – layout a long term plan                        Company’
•   Sequels
•   Ability to generate ‘SYNERGY’
Attractive Proposition?
Working in pairs, complete your hand-out, providing specific reasons
why each of the following elements will give confidence to producers:

     Stars     Franchises/Seq    Genre        ‘Synergy’
                    uels
Star Appeal
Global Appeal – maximum publicity and world
wide recognition

Name & Image – in marketing materials will
significantly increase potential audience

Potential “Box office pull” – how much of the
final gross is down to the stars’ presence?

They generate press / public interest

Stars associated with specific genres –
audiences expectations are easy to identify and
appeal too
Stars & Genre
Stars are usually associated with a specific genre
– they may work in others, but their most
successful films tend to be in the same genre

As a result audiences ‘expect’ certain things from
them

If they give audiences what they want they are
more likely to succeed

However if they rely on this for too long
audiences will become bored and reject the films
as being ‘too familiar / predictable’
                     Films must find a balance between ‘Familiar & New’
Genre
Based on previous films, Genre allow studios to
estimate the following:
  •   Budgets
  •   Potential Box Office Gross
  •   Marketing Costs
  •   Audience Reactions

Genre films have a clear set of rules they must
follow resulting in the generation of ‘audience
expectation’

Genre films can appeal to a very specific and
targeted audience                                 What are the risks
                                                  of ‘genre’ films?
“It’s called “Show Business”
Film industries are designed to make money
through entertaining an audience

Investing in a film is no guarantee of financial
success – “There is no such thing as a safe bet”

As a result Hollywood studios are reluctant to
move away from established genres, stars, trends
etc

Most ‘risky’ films are given small budgets that will
not harm the studio if they fail

                            But Hollywood still take risks on a scale few other
                                 industries would dare to contemplate
Success/Failure Task
You each have a resource pack
containing information on three films:
         Answer the following questions:

 Why do you think the investors funded the film?

    Make a list of the potential ‘selling points’

       Why do you think this film flopped?

  Do you think it spells disaster if a film like this
                       flops?
Case Study 1 - Success
Blockbusters are the most expensive forms of films to
make, as a result they pose the greatest risk to the studio

This is the main reasons most Blockbuster films follow
very specific formulas and stick to genres, star appeal &
franchises
                          TITANIC
The initial budget of $150,000,000 rapidly increased to
over $200,000,000

At one point Studio Chief Bill Mechanic closed down
production due to rising costs

Cameron used his own money to finish the production
Case Study 1 - Success
                         TITANIC

No-one knew if the film would be a success, despite the
obvious positives

Upon release the film broke all box office records and
remained the highest grossing film of all time for over 12
years

Global Gross: $1,800,000,000 ($1.8 Billion)
   (This has since risen to $2.18 billion due to re-releasea
   and 3D conversions)

At the time this was more than twice the amount grossed
by the previous largest film, ‘The Lion King’ ($952,880,140)
Case Study 1 - Success
                        TITANIC



Working in pairs create a list of the reasons why Titanic
                   was so successful

                       Consider:

                          Cast
                        Director
                         Story
                         Genre
                       Promotion
Took advantages     Based on an icon
James Cameron:        Genre with
                                          of ‘repeat’         historical event
                      proven track
                                          viewings            full of tragedy
Arguable the          record
                                                              and romance
biggest
commercial
director of all
time.                                                         Stars the
                                                              ‘Heartthrob’ of
Proven track                                                  the moment
record for
bringing new and
exciting                                                     High Concept:
experiences                                                  Innovative
                                       Highly publicised     special effects
                   Global number                             never seen
                                       production due to
Great              one hit single to                         before (New
                                       budget and apparent
reviews            support the film                          cinematic
                                       production problems
                                                             experiences)
Case Study 2 - Failure
              The Adventures of Pluto Nash

Not all Blockbusters are successful!

Loses can be very high if the film does not make enough of
a return

                        Eddie Murphy film
                  “The Adventures of Pluto
                          Nash”

                     Total Cost: $120,000,000
                   Box Office Gross: $7,000,000
                        Loss: $113,000,000
Empire Review
Plot
After his nightclub is destroyed, Pluto and entourage travel the length and breadth of
the moon to find the culprits, whilst resisting the evil clutches of corrupt casino
developers.
Review
A blink-and-you-hopefully-missed-it cinema run was overly generous for this dire
wannabe sci-fi comedy adventure.

The year, in case you're the slightest bit interested, is 2087 and, on the moon, nightclub
owner Pluto Nash (Eddie Murphy) is resisting crooked casino developers. The story is
just plain bald-faced lazy, as is director Ron Underwood's vision of the future, which is
about as hi-tech as a Sinclair C5.

All said and done, this is another dud to add to Murphy's already turkey-laden CV. In a
galaxy, far, far away - that's where this piece of crap should be jettisoned.
Verdict
This is another dud to add to Murphyís already turkey-laden CV.
“It’s called “Show Business”
Armyan Bernstien, producer of Air Force One
(1997) said:

Of every TEN films made in Hollywood:
                                                     Rank   Studio   Revenu
                                                                        e
• SIX will lose money
• ONE will break even (recover it’s costs but make    1     Warne    $1.88
                                                            r Bros   Billion
no profit)
                                                      2     Param    $1.67
• ONE will make little money
                                                             ount    Billion
• ONE will make good money
                                                      3      Fox     $1.58
• ONE will be a successful Blockbuster that makes                    Billion
enough money to cover the cost of the other nine
                                                      4     Disney   $1.41
                                                                     Billion
                                                      5     Sony     £1.27
                                                                     Billion
“It’s called “Show Business”
Once a film has secured funding the producer and
director must assign their budget

Most people think that if a film recovers its
production budget it will make a profit
                                                       Spider-man 2
However, most studios will spend in excess of $80     Negative Cost /
million dollars on marketing and promotion alone    Production Budget:
                                                       $202,000,000
The costs associated with making a film far          Development Cost +
exceed the amount generally publicised              Pre-Production Cost +
                                                      Production Cost +
‘Negative costs’ is another term for ‘Production    Post-Production cost
Budget’ and can be worked out with one                        =
equation:                                               Negative Cost
Budget Task: Spiderman 2
Working in pairs   What?                 Who?             How Much?
your must now      Script Rights         Marvel           $20,000,000
complete the job   Screenplay            Alvin Sargent    $10,000,000
of a producer      Producers             Stan Lee et al   $15,000,000
                   Director              Sam Rammi        $10,000,000
You must assign    Stars:                Toby Maguire     $17,000,000
the $202,000,000
                                         Kirsten Dunst    £7,000,000
budget of
                                         Alfred Molina    £3,000,000
Spiderman 2 on
the following:                           Rest of cast     $3,000,000
                   Shooting Cost                          $45,000,000
                   Special Effects                        $65,000,000
                   Music                                  $5,000,000
                   Composer              Danny Elfman     $2,000,000
                   Total Negative Cost                    $202,000,000
                                                          approx
Box Office Failures
You must complete a detailed case study on a Box Office Failure

Log on to the internet and research the biggest ‘film box office loses’
         Using WORD, create a case study on the film and reasons for its
                                    failures

                               You MUST include:

       • Name of stars – did the presence (or lack of) a star impact on the
                                  films box office?
                           • Director? (same as above)
                                       • Genre
                   • Financial information – budgets & takings
       • Reasons for the films failure (detailed reserach to be conducted)
       •Fall out – what impact did the failure have on cast/crew/studios?
Budget         Gross          Star            Genre
                       $300,000,000   $281,158,679   Taylor Kitsch   Sci Fi / Comic
                                                                     Book


John Carter (2012)

                       Budget         Gross          Star            Genre
                       $175,000,000   $173,219,280   Steve Carell    Comedy



Evan Almighty (2007)



                       Budget         Gross          Star            Genre
                       $85,000,000    $47,718,072    Michael Cera    Comedy



Scott Pilgrim (2010)
Why do you think the investors funded it?             Chosen Film:




What are the potential selling points?




 Why do you think this film flopped?




Do you think it spells disaster for a studio if a film like this flops?

Lesson 5 - Production

  • 2.
    Learning Objectives Identify therole of the producer Complete short case studies about success: Titanic The Adventures of Pluto Nash Fulfil the role of a producer and budget ‘Spiderman 2’
  • 3.
    Financing Filmmaking involves high‘overhead’ costs to finance the three main stages of a films life cycle before it is released to the audience: • Production • Distribution • Exhibition • Pre-Production • Production • Post-Production
  • 4.
    Financing The first stagein any film’s production is the attempt to secure financial backing The production company (those making the film) must generate confidence in the potential revenue of their planned film Harvey What can producers do to generate Weinstein confidence in their films? Head of • Casting of established ‘Stars’ ‘The • Working within a genre proven to be a success Weinstein • Franchises – layout a long term plan Company’ • Sequels • Ability to generate ‘SYNERGY’
  • 5.
    Attractive Proposition? Working inpairs, complete your hand-out, providing specific reasons why each of the following elements will give confidence to producers: Stars Franchises/Seq Genre ‘Synergy’ uels
  • 6.
    Star Appeal Global Appeal– maximum publicity and world wide recognition Name & Image – in marketing materials will significantly increase potential audience Potential “Box office pull” – how much of the final gross is down to the stars’ presence? They generate press / public interest Stars associated with specific genres – audiences expectations are easy to identify and appeal too
  • 7.
    Stars & Genre Starsare usually associated with a specific genre – they may work in others, but their most successful films tend to be in the same genre As a result audiences ‘expect’ certain things from them If they give audiences what they want they are more likely to succeed However if they rely on this for too long audiences will become bored and reject the films as being ‘too familiar / predictable’ Films must find a balance between ‘Familiar & New’
  • 8.
    Genre Based on previousfilms, Genre allow studios to estimate the following: • Budgets • Potential Box Office Gross • Marketing Costs • Audience Reactions Genre films have a clear set of rules they must follow resulting in the generation of ‘audience expectation’ Genre films can appeal to a very specific and targeted audience What are the risks of ‘genre’ films?
  • 9.
    “It’s called “ShowBusiness” Film industries are designed to make money through entertaining an audience Investing in a film is no guarantee of financial success – “There is no such thing as a safe bet” As a result Hollywood studios are reluctant to move away from established genres, stars, trends etc Most ‘risky’ films are given small budgets that will not harm the studio if they fail But Hollywood still take risks on a scale few other industries would dare to contemplate
  • 10.
    Success/Failure Task You eachhave a resource pack containing information on three films: Answer the following questions: Why do you think the investors funded the film? Make a list of the potential ‘selling points’ Why do you think this film flopped? Do you think it spells disaster if a film like this flops?
  • 11.
    Case Study 1- Success Blockbusters are the most expensive forms of films to make, as a result they pose the greatest risk to the studio This is the main reasons most Blockbuster films follow very specific formulas and stick to genres, star appeal & franchises TITANIC The initial budget of $150,000,000 rapidly increased to over $200,000,000 At one point Studio Chief Bill Mechanic closed down production due to rising costs Cameron used his own money to finish the production
  • 12.
    Case Study 1- Success TITANIC No-one knew if the film would be a success, despite the obvious positives Upon release the film broke all box office records and remained the highest grossing film of all time for over 12 years Global Gross: $1,800,000,000 ($1.8 Billion) (This has since risen to $2.18 billion due to re-releasea and 3D conversions) At the time this was more than twice the amount grossed by the previous largest film, ‘The Lion King’ ($952,880,140)
  • 13.
    Case Study 1- Success TITANIC Working in pairs create a list of the reasons why Titanic was so successful Consider: Cast Director Story Genre Promotion
  • 14.
    Took advantages Based on an icon James Cameron: Genre with of ‘repeat’ historical event proven track viewings full of tragedy Arguable the record and romance biggest commercial director of all time. Stars the ‘Heartthrob’ of Proven track the moment record for bringing new and exciting High Concept: experiences Innovative Highly publicised special effects Global number never seen production due to Great one hit single to before (New budget and apparent reviews support the film cinematic production problems experiences)
  • 15.
    Case Study 2- Failure The Adventures of Pluto Nash Not all Blockbusters are successful! Loses can be very high if the film does not make enough of a return Eddie Murphy film “The Adventures of Pluto Nash” Total Cost: $120,000,000 Box Office Gross: $7,000,000 Loss: $113,000,000
  • 16.
    Empire Review Plot After hisnightclub is destroyed, Pluto and entourage travel the length and breadth of the moon to find the culprits, whilst resisting the evil clutches of corrupt casino developers. Review A blink-and-you-hopefully-missed-it cinema run was overly generous for this dire wannabe sci-fi comedy adventure. The year, in case you're the slightest bit interested, is 2087 and, on the moon, nightclub owner Pluto Nash (Eddie Murphy) is resisting crooked casino developers. The story is just plain bald-faced lazy, as is director Ron Underwood's vision of the future, which is about as hi-tech as a Sinclair C5. All said and done, this is another dud to add to Murphy's already turkey-laden CV. In a galaxy, far, far away - that's where this piece of crap should be jettisoned. Verdict This is another dud to add to Murphyís already turkey-laden CV.
  • 17.
    “It’s called “ShowBusiness” Armyan Bernstien, producer of Air Force One (1997) said: Of every TEN films made in Hollywood: Rank Studio Revenu e • SIX will lose money • ONE will break even (recover it’s costs but make 1 Warne $1.88 r Bros Billion no profit) 2 Param $1.67 • ONE will make little money ount Billion • ONE will make good money 3 Fox $1.58 • ONE will be a successful Blockbuster that makes Billion enough money to cover the cost of the other nine 4 Disney $1.41 Billion 5 Sony £1.27 Billion
  • 18.
    “It’s called “ShowBusiness” Once a film has secured funding the producer and director must assign their budget Most people think that if a film recovers its production budget it will make a profit Spider-man 2 However, most studios will spend in excess of $80 Negative Cost / million dollars on marketing and promotion alone Production Budget: $202,000,000 The costs associated with making a film far Development Cost + exceed the amount generally publicised Pre-Production Cost + Production Cost + ‘Negative costs’ is another term for ‘Production Post-Production cost Budget’ and can be worked out with one = equation: Negative Cost
  • 19.
    Budget Task: Spiderman2 Working in pairs What? Who? How Much? your must now Script Rights Marvel $20,000,000 complete the job Screenplay Alvin Sargent $10,000,000 of a producer Producers Stan Lee et al $15,000,000 Director Sam Rammi $10,000,000 You must assign Stars: Toby Maguire $17,000,000 the $202,000,000 Kirsten Dunst £7,000,000 budget of Alfred Molina £3,000,000 Spiderman 2 on the following: Rest of cast $3,000,000 Shooting Cost $45,000,000 Special Effects $65,000,000 Music $5,000,000 Composer Danny Elfman $2,000,000 Total Negative Cost $202,000,000 approx
  • 20.
    Box Office Failures Youmust complete a detailed case study on a Box Office Failure Log on to the internet and research the biggest ‘film box office loses’ Using WORD, create a case study on the film and reasons for its failures You MUST include: • Name of stars – did the presence (or lack of) a star impact on the films box office? • Director? (same as above) • Genre • Financial information – budgets & takings • Reasons for the films failure (detailed reserach to be conducted) •Fall out – what impact did the failure have on cast/crew/studios?
  • 21.
    Budget Gross Star Genre $300,000,000 $281,158,679 Taylor Kitsch Sci Fi / Comic Book John Carter (2012) Budget Gross Star Genre $175,000,000 $173,219,280 Steve Carell Comedy Evan Almighty (2007) Budget Gross Star Genre $85,000,000 $47,718,072 Michael Cera Comedy Scott Pilgrim (2010)
  • 22.
    Why do youthink the investors funded it? Chosen Film: What are the potential selling points? Why do you think this film flopped? Do you think it spells disaster for a studio if a film like this flops?

Editor's Notes

  • #14 http://www.youtube.com/watch?v=l5gtS3pgA3Y