At 03:49 AM 7/23/2008, Robert D. Brooks wrote:
>I have a question about all these numbers being thrown around
about movie budgets (e.g. $5 million, $10 million, etc). Do those
figures include the buyers
>premium, and should that amount be included when talking about the
"cost" of the movie?
That's called the sales-agent, the completion-guarantor and E&O
insurance (interestingly around the same percentage as most buyers
premiums when combined), and yes, you include those in the budget
(except for the sales agent, who goes more on the income
statement)... It doesn't matter what industry, there's always
someone with their fingers in the pot...
Of those, only E&O insurance applies to major studio films.
Craig.
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Craig Miller Wolfmill Entertainment [EMAIL PROTECTED]
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