Don’t Get Delusional Prior Starting Your New Film Project It’s very important to be very realistic before you go into your new film project. While I was working on my own projects and doing film trend researches I had the privilege to meet and talk with several film industry professionals who told me all. I am not going to tell you all but will throw a few questions that may help you to take off from your emotional “lala land” and land you softly to a very tough filmmaking business. Ask yourself these questions before you start your new film project:
- What is my financial goal for this project?
- If my film under one million, will I be able to recoup my, investors money and make income with my project?
- Will I be able to pay to myself for my 2-3 types of work that I will be doing for this project?
- What is my worse scenario budget for my new film?
- What is the target audience?
- What is my filmmaking competition is doing?
- How much if any money my competition is able to make with similar to your film projects?
- Will you self-distribute, do hybrid distribution, or traditional?
- What is the outcome?
- Do I know how many titles each month the most distributors deal with?
- Do I know how many titles from those 15-20 new titles that most distributors deal every month really perform, or make some money at least during the “honeymoon” period?
- Do you know what are the distribution contract terms right now?
- Did you ever think if your film will not perform well, you will be stuck for 5 years with your film and will not be able to do anything with it, because of the contract you’ll sign will be at least for 3-5 years? Eventually, you will have your film under the contract but you will have no right to your own film. How do you like this idea?
- Did you think how and where you can sell your film yourself or by using your contacts?
- Do you still think it’s a good idea to start your new film?
What do you think about the current situation in Film Industry? Leave your comments and questions in a comment section.