An opportunity, and studios are doing more with less?

mario_c

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http://latimesblogs.latimes.com/ent...unt-to-launch-microbudget-movie-division.html

A telling passage:
Not all of the micro-budgeted movies Paramount intends to make will be released theatrically.
Instead, the division will operate much like a studio's development slate, where screenplays are purchased, rewritten and (in some cases) turned into movies. Paramount plans to target both established filmmakers and newcomers with its micro-budget pitch.
I think it establishes Paramount as a forward thinking force in the future of movie distribution, and it's a move that can bring credibility to no-budget filmmakers by cherry picking top talent. It can also be a Machiavellian move to crush already existing avenues of indie distribution. I want the glass to be half full here, but who knows how it will turn out?
What do you think?
 

DevelopmentExec

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http://latimesblogs.latimes.com/ent...unt-to-launch-microbudget-movie-division.html

A telling passage: I think it establishes Paramount as a forward thinking force in the future of movie distribution, and it's a move that can bring credibility to no-budget filmmakers by cherry picking top talent. It can also be a Machiavellian move to crush already existing avenues of indie distribution. I want the glass to be half full here, but who knows how it will turn out?
What do you think?

It may be forward thinking, but at whose expense? In order to make a film for 100K, everyone who works on the picture usually makes very little during production, many deferring (risking) the lion's share of their compensation. The difference in compensation under the standard low budget agreements and the indie low budget agreements is huge.

Is Paramount planning on producing these films under the standard guild low budget agreements or are they going to go under the indie agreements which pay 20 to 25% of what the normal studio low budget agreements pay? (which is considerably less than the high budget minimums)

Many unions and guilds have ultra low budget contracts that enable very low budget independent features to be made with union and/or guild talent - because independently financed films can't afford to pay standard union/guild minimum wages.

But when a company with as deep pockets as Paramount has - is making films on a budget that pays out only a fraction of what a normal budgeted film would pay - that is exploiting the spirit of those union contracts - not to mention the people working on the project.

To give you an idea of the cut in pay we're looking at consider the following:

Actors:

Sag Low Budget (under 2.5 Million budget) Day Rate $504
Sag Modified Low Budget (Under 625k budget) Day Rate $268
Sag Ultra Low Budget (Under 200k budget) Day Rate $100

So actors working on these new Paramount produced projects will make in a week what they would make in a day on a standard low budget Paramount film (the day rates are higher for films budgeted at over 2.5 million - which probably encompasses somewhere in the neighborhood of 100% of other Paramount projects.)

Writers:

WGA Low Budget (budget under 5 million) 40K
WGA Indie Low Budget (budget under 2.5 million) Pay 10K upon commencement of principal photography - defer (risk) the rest to the back end.

I don't see how Paramount could produce films for 100K if they are paying out 40K of that for the script and paying actors $500 a day - which leads me to believe they will be functioning under these ultra low budget contracts - if they're even eligible to do so. Are studio projects covered under these agreements or are they specifically for independent signatories?

I am a big supporter of indie filmmaking, I've worked in development at a few independent production companies and I've been hired to write several indie scripts so I'm familiar with the challenges indies have in finding money and the limitations that small budgets put on among other things, wages.

But if a major studio were to set up a division that pays such low salaries, that would be exploitation of the talent involved in the project. Paramount could do the same thing but with movies budgeted high enough to cover the costs of paying the standard guild minimums and it would still be a drop in the bucket budget-wise, considering the average studio film costs around 100 million.

I applaud innovation and forward thinking but not at the expense of a living wage for those doing the work.
 

mario_c

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That's an interesting point, DevExec - among many - that Paramount would not be eligible for ultra low budget rates. As for what the writer makes writing for an established studio, I heard it was 2 percent of the budget? I know the union rates are just the minimum. It would suck writing a script for $2000, cause you know I'm raking in the big bucks otherwise :rolleyes: but if it meant the film would not only be made but distributed, would it be a good tradeoff? That's a hard question for me to answer. A pro with credits might disagree.

PD, I saw those comments in the article as well. It's the 90s all over again - the golden era that produced Clerks, Blair Witch Project etc and convinced a generation of ne'er do wells (like me :D) that anyone could make a great movie. Gonna be fun!
 

Ucla_sb

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I'm thinking its a great idea for paramount personally. It'll open doors to those of us who feel we could do the big stuff. I make and write movies for nothing but personal satisfaction at the moment and it busts my wallet each and every time. It'll be nice to be paid for it one day but at the same time im not opposed to "proving" myself for a major studio for little pay right now. Or maybe im just to damned idealistic....
 

WMcQuaig

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Personally, I think it's good and bad. It will open the door for many unknown filmmakers and writers as well but at the same time what is the true cost of this venture? Somebody above mentioned Paranormal Activity; I loved that movie, it was fantastic and I like that big studios are paying attention to the smaller productions but I still need to know why.

Why is a big studio paying attention to someone with little to no experience? Why are they taking that big of a gamble? Now don't get me wrong, I'm not saying that it isn't a good thing for the filmmakers but it does seem almost "too good to be true". I know Paranormal Activity did very well financially but at the same time the guy who made that movie sold it for $300,000. Now I'm sure he saw a little more money come his way after it did so well, but not nearly as much as the distribution company did.

So if Paramount does go through with this, I think they need to tread carefully so as not to exploit the talent involved with these micro-budget projects. Because if they do begin to exploit talent they will steadily lose people interested in pursuing this route.
 

Exir

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Cynical me: They'll just monopolize the independent micro-budget field and their mass-produced products will force genuinely creative indie studios out of business.

Optimistic me: Many more filmmakers will finally be able to access the marketing and distribution channel provided by Paramount!