Filmmaking Economic Model (4 of 4) DIRECTOR FOR HIRE

The filmmaker is employed by a production studio to make a movie.

That means you sign a work-for-hire form.

That means everything you create is owned by the studio.

That also means you receive a sizeable paycheck.

But the measure of your success will be based on how much of a return-on-investment the studio makes from your movie.

The more money you generate for the studio,
the better filmmaker you are.

The studio must make money to survive.

The movie making business is like any other business.

In order for the business to survive, it has to earn a positive cash flow.

If the business spends more money than it makes, it goes out of business.

Simple, really.

Cash is generated from people who pay to watch the movie.

So in order for a movie making business to survive into the next year, it needs to make movies that many people would be willing to pay to watch.

This is before aesthetic values are even considered.

So when people say “Hollywood is only interested in money” that’s basically true.

But that idea comes from a fundamental misunderstanding of the movie industry.

Aesthetics is secondary to the studios because aesthetics doesn't guarantee its survival.

Without money,
there's no movies at all.

Most of the movies you love & admire were birthed under this economic model.

So it must be doing something right.

And ultimately, what it’s doing right is giving the people what they want.

And that’s better than most films.

Filmmaking Myth #2: "I don't care about money." Solutions & Actions

Filmmaking Economic Model (3 of 4) THE OFF-HOURS ARTIST