{"id":4034,"date":"2012-05-08T09:00:20","date_gmt":"2012-05-08T13:00:20","guid":{"rendered":"http:\/\/www.Centives.net\/S\/?p=4034"},"modified":"2012-05-08T07:33:25","modified_gmt":"2012-05-08T11:33:25","slug":"the-economics-of-a-hollywood-blockbuster","status":"publish","type":"post","link":"http:\/\/www.Centives.net\/S\/2012\/the-economics-of-a-hollywood-blockbuster\/","title":{"rendered":"The Economics of a Hollywood Blockbuster"},"content":{"rendered":"<p style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.Centives.net\/S\/wp-content\/uploads\/2012\/05\/050812_1128_TheEconomic1.jpg\" alt=\"\" width=\"631\" height=\"473\" \/><\/p>\n<p>Ben Morris took a look at the economics of making a Hollywood blockbuster film:<\/p>\n<ul>\n<li>These days a big-budget film is a movie that costs at least $200 million to make.<\/li>\n<li>If your movie is based off of a book then you might have to pay $2 million for rights.<\/li>\n<li>Directors can charge up to $10 million and may demand some of the film&#8217;s profits.<\/li>\n<li>Actors can charge up to $20 million.<\/li>\n<li>Filming location matters. If you film in New York City your costs will be higher than if you film in a rural area. Filming at night requires elaborate lighting and thus is more expensive than filming in the day.<\/li>\n<li>A standard film will have production costs of around $500,000 a day. This will be substantially higher if you want special action sequences or CGI.<\/li>\n<li>An original pop song from a famous artist will cost $1 million.<\/li>\n<\/ul>\n<p>To read about why studio chairmen can&#8217;t always approve big budget films, how much it costs to hire a script-writer, why New Zealand is an attractive filming location, the amount of money that movies make from in-flight entertainment, and how much money is made through DVD sales and rentals, click <a href=\"http:\/\/www.bbc.co.uk\/news\/business-17812247\">here<\/a>.<\/p>\n<p>Source: <a href=\"http:\/\/www.bbc.co.uk\/news\/business-17812247\">BBC News<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ben Morris took a look at the economics of making a Hollywood blockbuster film: These days a big-budget film is a movie that costs at least $200 million to make. If your movie is based off of a book then you might have to pay $2 million for rights. Directors can charge up to $10 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4033,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-4034","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily-bulletin"],"jetpack_featured_media_url":"http:\/\/www.Centives.net\/S\/wp-content\/uploads\/2012\/05\/050812_1128_TheEconomic1.jpg","_links":{"self":[{"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/4034","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/comments?post=4034"}],"version-history":[{"count":4,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/4034\/revisions"}],"predecessor-version":[{"id":4038,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/4034\/revisions\/4038"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/media\/4033"}],"wp:attachment":[{"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/media?parent=4034"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/categories?post=4034"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/tags?post=4034"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}