Have you ever considered how much it costs to actually put a movie deal together?
The “Old-Fashioned Way”:
Let’s just imagine you are planning to put together a movie with a budget of $5 million. Here are some of the costs that you can expect:
• Casting agency fees. For a movie this size, you can count on spending at least 20,000 -25,000 € of your budget for a Casting Agent
• Talent agency fees. In addition, you should expect that a talent agency will take at least 10% of everything if they package your project.
• Finder’s fees. Finder’s fees normally run somewhere between 2% -8% commission of money obtained.
• Office expenses while in pre-production. Even a modest office has overhead including rent, salaries, telephones, office machines, electricity, and stationery. To run an office will probably cost about 10,000 € per month.
• Sales agent fees. Sales agent fees vary between 10-25% just for obtaining distribution contracts and as much as 30%-35% when they secure a cash advance or bankable contract.
• Preview screening costs. Once the movie is made, you will need to rent a small theater for preview screenings. A small theater accommodating 50-80 people will cost at least 1000 € just for few hours. Not to mention the obligatory drinks and food which will bring the tab to over 2000 €.
• Public Relations costs. Another big cost for any movie is hiring P.R. Company. You can count on paying at least 100,000 € as the bare minimum.
The “Studio Beyond Way”:
All of the above costs are not inconsiderable. Imagine the amount you could save with the Studio Beyond virtual office!
For a small monthly Standard subscription fee of 42 € you can avoid most of the costs listed above—from talent and casting fees to office overhead. Even the finder’s fees and public relations costs will be avoided because you can contact your financiers and press directly!
Just think how much easier it would be to have direct access to distributors worldwide where you can obtain distribution agreements through pre-sale and take these to private investors and film financiers as collateral.
Equally, you can hire sales agents directly through your Virtual Office. All you need to do is simply open an Executive Call in the category of Sales Agents and find the suitable agent who can successfully sell your movie.
Also, imagine how convenient it will be to have your entire team working through the Studio Beyond office! You can be in constant contact with any member of your team, conduct conference calls, send instant chat messages and even share any type of document, image, video or audio file. The great part is that you don’t have to worry if you have the appropriate software installed on your personal computer; the Studio Office player supports any kind of file. Studio Beyond is undoubtedly the most efficient way to run your office online.
Once you made your movie, you have the challenge of making sure your movie is seen. If you have to travel around the world to show people your movie, the costs are prohibitive. Studio Beyond solves that challenge too!
For an additional starting fee of 60 € you can host the online screening of your full length movie for Distributors, Exhibitors, TV broadcasters, Sales Agents, and Press Members.
In conclusion, being a member of the Studio Beyond community isn’t just an excellent creative decision. It could very well be the wisest financial decision you ever make.