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Production Budget
Production budget is a term used specifically in film production and, more generally, in business. A "film production budget" determines how much will be spent on the entire film project. This involves identifying the elements and then estimating their cost, for each phase of filmmaking (development, pre-production, production, post-production and distribution). The budget structure normally separates " above-the-line" (creative), and " below-the-line" (technical) costs. In business, "production budget" refers to the budget set by a corporation for the number of units of a product that will be required and produced; (archived) see demand forecasting, capacity planning and ; and financial forecast more generally. See also *Film budgeting *Television crew Television crew positions are derived from those of film crew, but with several differences. Pre-production : Work before shooting begins is called the pre-production stage. The crew in this stage include the ca ...
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Film Production
Filmmaking or film production is the process by which a Film, motion picture is produced. Filmmaking involves a number of complex and discrete stages, beginning with an initial story, idea, or commission. Production then continues through screenwriting, Casting (performing arts), casting, pre-production, Principal photography, shooting, Sound recording and reproduction, sound recording, post-production, and screening the finished product before an audience, which may result in a film release and exhibition. The process is nonlinear, in that the filmmaker typically shoots the script out of sequence, repeats shots as needed, and puts them together through editing later. Filmmaking occurs in a variety of economic, social, and political contexts around the world, and uses a variety of technologies and cinematic techniques to make theatrical films, episodic films for television and streaming platforms, music videos, and promotional and educational films. Although filmmaking originally ...
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Capacity Planning
Capacity planning is the process of determining the production capacity needed by an organization to meet changing demands for its products. In the context of capacity planning, design capacity is the maximum amount of work that an organization or individual is capable of completing in a given period. Effective capacity is the maximum amount of work that an organization or individual is capable of completing in a given period due to constraints such as quality problems, delays, material handling, etc. The phrase is also used in business computing and information technology as a synonym for capacity management. IT capacity planning involves estimating the storage, computer hardware, software and connection infrastructure resources required over some future period of time. A common concern of enterprises is whether the required resources are in place to handle an increase in users or number of interactions. Capacity management is concerned about adding central processing units (CP ...
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Television Terminology
Television (TV) is a telecommunication medium for transmitting moving images and sound. Additionally, the term can refer to a physical television set rather than the medium of transmission. Television is a mass medium for advertising, entertainment, news, and sports. The medium is capable of more than "radio broadcasting", which refers to an audio signal sent to radio receivers. Television became available in crude experimental forms in the 1920s, but only after several years of further development was the new technology marketed to consumers. After World War II, an improved form of black-and-white television broadcasting became popular in the United Kingdom and the United States, and television sets became commonplace in homes, businesses, and institutions. During the 1950s, television was the primary medium for influencing public opinion.Diggs-Brown, Barbara (2011''Strategic Public Relations: Audience Focused Practice''p. 48 In the mid-1960s, color broadcasting was in ...
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Film And Video Terminology
A film, also known as a movie or motion picture, is a work of visual art that simulates experiences and otherwise communicates ideas, stories, perceptions, emotions, or atmosphere through the use of moving images that are generally, since the 1930s, synchronized with sound and (less commonly) other sensory stimulations. Etymology and alternative terms The name "film" originally referred to the thin layer of photochemical emulsion on the celluloid strip that used to be the actual medium for recording and displaying motion pictures. Many other terms exist for an individual motion-picture, including "picture", "picture show", "moving picture", "photoplay", and "flick". The most common term in the United States is "movie", while in Europe, "film" is preferred. Archaic terms include "animated pictures" and "animated photography". "Flick" is, in general a slang term, first recorded in 1926. It originates in the verb flicker, owing to the flickering appearance of early films ...
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Bastian Clevé
Bastian Clevé (born 1 January 1950, in Munich), is a German filmmaker and producer. He is Professor and Head of the Film Production-Department at the Film Academy Baden-Wuerttemberg in Ludwigsburg, Germany. Biography Clevé grew up in Hamburg. After a two-year stint as sound-assistant at the TV-studios in Munich he studied ''Visual Communication'' in Hamburg at the Hochschule für bildende Künste Hamburg (University of Fine Arts of Hamburg) where he continued filmmaking. In 1975/76 he was awarded a one-year scholarship by the German Academic Exchange Service ''DAAD'' to study at the San Francisco Art Institute. He was touring with his experimental short films throughout the continent. After a brief return to Germany he relocated to Los Angeles in 1979 where he worked as a freelance writer, director and producer. In 1991 he returned to Germany to become Professor and Head of the Department for “Film Production and the Business of Entertainment” at the newly established F ...
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Corporate Budget
A budget is a calculation plan, usually but not always financial, for a defined period, often one year or a month. A budget may include anticipated sales volumes and revenues, resource quantities including time, costs and expenses, environmental impacts such as greenhouse gas emissions, other impacts, assets, liabilities and cash flows. Companies, governments, families, and other organizations use budgets to express strategic plans of activities in measurable terms. Preparing a budget allows companies, authorities, private entities or families to establish priorities and evaluate the achievement of their objectives. To achieve these goals it may be necessary to incur a deficit (expenses exceed income) or, on the contrary, it may be possible to save, in which case the budget will present a surplus (income exceed expenses). In the field of commerce, a budget is also a financial document or report that details the cost that a service will have if performed. Whoever makes the ...
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Television Crew
Television crew positions are derived from those of film crew, but with several differences. Pre-production : Work before shooting begins is called the pre-production stage. The crew in this stage include the casting director, costume designer, director, location manager, make-up artist, researcher, screenwriter, set designer, and television producer. Casting director : The casting director casts actors, and so is usually one of the first crew members on the project. In fact, during the initial casting call, the executive producer and casting director are often the only crew members. Costume designer : The costume designer makes all the clothing and costumes worn by all the Actors on screen, as well as designing, planning, and organizing the construction of the garments down to the fabric, colours, and sizes. They greatly contribute to the appearance of the production, and set a particular mood, time, feeling, or genre. They alter the overall appearance of a projec ...
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Film Budgeting
Film budgeting refers to the process by which a line producer, unit production manager, or production accountant prepares a budget for a film production. This document, which could be over 130 pages long, is used to secure financing for and lead to pre-production and production of the film. Multiple drafts of the budget may be required to whittle down costs. A budget is typically divided into four sections: ''above the line (filmmaking), above the line'' (creative talent), ''below the line (filmmaking), below the line'' (direct production costs), ''post-production'' (editing, visual effects, etc.), and ''other'' (insurance, completion bond, etc.). For productions distributed by a third party the budget excludes film promotion and marketing, which is the responsibility of the film distributor. Film financing can be acquired from a private investor, Sponsor (commercial), sponsor, product placement, film studio, entertainment company, and/or out-of-pocket funds. When it comes to repor ...
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Financial Forecast
A financial forecast is an estimate of future financial outcomes for a company or project, usually applied in budgeting, capital budgeting and/or valuation. Depending on context, the term may also refer to listed company (quarterly) earnings guidance. For a country or economy, see Economic forecast. Typically, using historical internal accounting and sales data, in addition to external industry data and economic indicators, a financial forecast will be the analyst's modeled prediction of company outcomes in financial terms over a given time period. For the components / steps of business modeling here, see . Arguably, the key aspect of preparing a financial forecast is predicting revenue; future costs, fixed and variable, as well as capital, can then be estimated as a function of sales via "common-sized analysis" - where relationships are derived from historical financial ratios and other accounting relationships. At the same time, the resultant line items must talk to ...
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Demand Forecasting
Demand forecasting, also known as ''demand planning and sales forecasting'' (DP&SF), involves the prediction of the quantity of goods and services that will be demanded by consumers or business customers at a future point in time. More specifically, the methods of demand forecasting entail using predictive analytics to estimate customer demand in consideration of key economic conditions. This is an important tool in optimizing business profitability through efficient supply chain management. Demand forecasting methods are divided into two major categories, qualitative and quantitative methods: *Qualitative methods are based on expert opinion and information gathered from the field. This method is mostly used in situations when there is minimal data available for analysis, such as when a business or product has recently been introduced to the market. *Quantitative methods use available data and analytical tools in order to produce predictions. Demand forecasting may be used in resou ...
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Filmmaking
Filmmaking or film production is the process by which a Film, motion picture is produced. Filmmaking involves a number of complex and discrete stages, beginning with an initial story, idea, or commission. Production then continues through screenwriting, Casting (performing arts), casting, pre-production, Principal photography, shooting, Sound recording and reproduction, sound recording, post-production, and screening the finished product before an audience, which may result in a film release and exhibition. The process is nonlinear, in that the filmmaker typically shoots the script out of sequence, repeats shots as needed, and puts them together through editing later. Filmmaking occurs in a variety of economic, social, and political contexts around the world, and uses a variety of technologies and cinematic techniques to make theatrical films, episodic films for television and streaming platforms, music videos, and promotional and educational films. Although filmmaking originally ...
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Budget
A budget is a calculation plan, usually but not always financial plan, financial, for a defined accounting period, period, often one year or a month. A budget may include anticipated sales volumes and revenues, resource quantities including time, costs and expenses, environmental impacts such as greenhouse gas emissions, other impacts, assets, Liability (financial accounting), liabilities and cash flows. Companies, governments, families, and other organizations use budgets to express strategic planning, strategic plans of activities in measurable terms. Preparing a budget allows Company, companies, Public authority, authorities, private entities or Family, families to establish priorities and evaluate the achievement of their objectives. To achieve these goals it may be necessary to incur a Deficit spending, deficit (expenses exceed income) or, on the contrary, it may be possible to save, in which case the budget will present a Surplus (economics), surplus (income exceed expense ...
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