How much does it cost to make an independent feature film?

This is the budget that many new filmmakers start with. Realistically, the budget will be between $10,000 and $25,000. While it seems like a lot of money, you still have to be smart and cut corners so you don’t spend a penny over.

How do you market an independent film?

5 Ways to Promote an Independent Film

1. Create a hook-filled trailer. Even in the digital age, movie trailers still comprise a big part of movie marketing.
2. Roll out your marketing campaign on social media.
3. Create a simple film website.
4. Stage a public event.
5. Build word of mouth.

How do you make money with an independent film?

Independent filmmakers can actually make money if they have a great foreign sales agent who can sell their movies in key overseas markets. Producers will often make their “wish list” when casting a film, and the list will typically be full of well-known names that “travel” overseas.

How big is the independent film market?

One of the ways we might try to define the size of the indy film market is by examining box office revenues. As of 2019, the global film industry was worth a total of $42.5 billion – with ticket revenues having grown consistently over the last decade.

How much do indie actors make?

Most indie films fall into the low-budget category, between $700,000 and $2.5 million. The daily rate for low-budget actors is $630 while weekly SAG minimum pay is $2,130. If the director uses non-union actors as well, they receive the same rates.

How much is a micro budget film?

A micro budget film is that which is made on an extremely low budget, sometimes as little as a few thousand dollars. An example of such would be the popular 1992 film El Mariachi, in which the director Robert Rodriguez was unable to afford second takes due to the $7000 budget.

How can I use social media to market my film?

Check out these 7 tips for social media marketing success.

1. Hire a Graphic Designer.
2. Examine Relevant Communities.
3. Stay Consistent.
4. Take On-Set Pictures.
5. Incentivize Your Followers.
6. Make it a Collaborative Effort.
7. Talk to Other Filmmakers.

Are independent films profitable?

How likely is it for an indie film to become profitable? Statistically speaking, the picture is quite bleak – 97% of independent feature films fail to turn a profit. Most filmmakers assume they will be in the lucky 3%, not realizing that turning a real profit with a low/micro-budget film is practically unheard of.

How much does Netflix buy a movie for?

Also, What does Netflix pay for movies? Netflix buys shows at a rate of the cost of production plus about 30 percent of production costs, but it retains most of its future licensing rights. This is different from how networks typically license shows, which often only covers 60 to 70 percent of production.