How Producers OUT EARN everyone in the Film Business

[@LatinxNation]

Producers is much more than just budgeting. Is the face, the sales man, the relationship keeper, the marketer. From conceptual to showcasing. Much more than just been on set and going on stage to get an award. Indie producers have to deal with the paper work, the tax credits, the deal memos, the union rules, when covid was around thinking about how to maintain the show going. The legality if what can be or not be said. Is a tough job and with HUGE responsibilities. When crew goes to bed, the producer is still thinking 4x steps ahead if what can go wrong and how to fix it.

[@vinzzzzzzzzzzzzzzzz]

oh

[@LiamJAQuigley]

Thank god I went to business school over film school.

[@ParisDylan1]

100%!!! Doing this rn lol

[@a.a7500]

The reward worth the risk and effort, if you could do it.

[@SomeshPanchal-xn4lm]

As a film producer I agree. It's incredibly tough job.

[@PeterFitzgerald]

It isn't merely about coming in under budget. Producers who make real money are the ones who have a stake in the distribution of the movie, and if it's a hit they reap the rewards.

[@grogery1570]

I once asked a producer what she did. After listening to her description I asked, so it's your job to get more ads into the film? The answer was yes.

[@jerbear7952]

You sound like a rube assuming its true. I don't think its true.

[@georgeorwell4931]

Great information!!! Never thought of a producer, but now that seems better than being a director!

[@Crimsonengine]

Great films need great producers!

[@LatinxNation]

There’s different types of producers. Executive producers has to rely allot on their line producer and PM’s

[@avillianchillinskrillian]

@miyahtallulah ...or a producer.

[@WizardsPath-if5oq]

​@@LatinxNationWhat type of producer comes up with the storyline and character ideas for a film or TV show?

[@WizardsPath-if5oq]

​@@LatinxNationWhat type of producer comes up with the storyline and character ideas for a film or TV show?

[@SouthpawAutoworks]

It makes good sense why a director would want to assume both roles. Very interesting topic. Thank you for sharing your insights.

[@mdw7389]

Or why a producer would want both roles or the power to make decisions over the director

[@LatinxNation]

Producers carry tons of responsibilities. Keeping connections, finding ways to negotiate rates with everyone. Good producers re-invest in another project.

[@humbleorsavage]

Why Filmmaking is a flop business? How producers earn money? I discussed everything in one video Here is link➡️ kzbin.info/www/bejne/qXaohZSrhZaSsMU #cinephilerifat

[@southlondon86]

@@LatinxNationSir have you ever produced any film?

[@zzzz_idk12]

@@southlondon86could be a person that just knows alot about production 😂and thats cool

[@alhla]

The pga has a list of questions that determine what actual work a producer did on the film. If they didn’t do the actual work, they do not get the pga mark. And you don’t need to be in the pga to receive it.

[@feelmecrack4582]

So basically if you have a film budget given of 20 million, but you only use 15 million out of that, can u keep the extra 5 million dollars from the leftover budget?

[@Crimsonengine]

Yes. You got it. This is why producers are always screwing people out of money. They keep what they don't spend.

[@feelmecrack4582]

@@Crimsonengine oh, so good producers will focus more on spending the whole budget to make the quality of the film better instead of buying cheap stuff to keep a higher diffrence. So if that’s the case then how do producers legitimately earn money from a film, do they get a percentage of the budget or points on the films revenue?

[@LatinxNation]

Good producers use the extra cash for marketing. Marketing your project will dictate how successful your movie will be

[@humbleorsavage]

Why Filmmaking is a flop business? How producers earn money? I discussed everything in one video Here is link➡️ kzbin.info/www/bejne/qXaohZSrhZaSsMU #cinephilerifat

[@philipgardiner2003]

Nice, mentioning one of the greatest movies of all time produced by the one and only Sam Spiegel.

[@avtpro]

Thank you for such clarity.

[@victoriachapman2915]

The p.g.a. credit at the end of one's name in a film does NOT require membership in the Producer's Guild. Nor is it predicated on a certain # of hours on set. That accreditation is vetted based on the actual work/labor contribution to the project (in person or virtual) -- vs just writing a check, greenlighting or other cursory participation as you noted at the end of the video. Also, I echo @LatinxNation as well. The role of a producer is well more than managing the budget and there are way too many who carry a producer title and responsibility who do NOT out earn others in film or television or other project mediums.

[@mihaelamars]

Yeah, this is an interesting video but not necessarily 100% factually correct.

[@mrbelivieable3226]

A lot of people want to be writers, which is hard because of not enough space. This thing about the producer, makes it a little surprising why so many wants to be writers, compared to how many people wants to be producer.

[@Evangelionism]

Thank you for explaining this with useful, clear examples!

[@zzsuccinazz]

Thank you for the great context and educational information here.

[@starbright6579]

I actually thought the director and actors made more than the producer.

[@lifeisashow1813]

On independent maybe yea

[@zairehaylock4974]

I wanna join the movie industry.

[@zairehaylock4974]

@fatopossum What?

[@bubblegumm1361]

I didn't know that, very interesting. Thanks

[@jeremyk1194]

My question is how does a production company movie production company I mean make a profit like you got actors who own their own production company how does that production company make a profit and do they get a cut of the box office

[@preciousogechi2950]

Right?

[@ErisedMediaCo]

How’d you back/side light yourself in this video? I love the separation you got from it!

[@elvispresley2542]

I was thinking the same thing

[@FunFact534]

Wonderful thanks

[@jonathanmartin-ives8665]

Very educational! Thank you😊

[@michellerosebrown]

My goal is to become a movie star first then become executive producer of my own movies and not do anything.

[@southlondon86]

Sir what are you smoking?

[@jerbear7952]

You won't do anything with that attitude.

[@bricks-mortar]

TY.

[@rockazar5436]

Nicely presented.

[@AdmiralofU2]

What do assistant, associate and executive producers get?

[@blackghostofcl]

Very interesting topic, TY for your content

[@blackpanther6885]

What is the difference between film distributor and producer/production company and who earns more.

[@parler8698]

Sounds great.

[@Corina-dq2my]

How do filmmakers get their movie into theaters?

[@7777voyles]

That’s what I’m talking about thank you so much excellent!

[@fredcline8228]

power, control, money, ...and risk.

[@englishcool247]

Thank you..hi from El Salvador

[@CiseEntertainment]

Great information 🙌🏾

[@SalsaBailaProductions]

Very interesting i didnt know that… thanks for the insight

[@AshTheDuke]

ty for this now i can invest on tv series

[@alextrivunovic644]

Maybe i misunderstood, but i don't think this explains how producers make most of their income. Surely there must be more to it than skimming off the budget? I always assumed that they got a percentage of the profits too.

[@Warrior1Spartan]

That's one hell of a hustle they've got going on. And I thought the mob was only in New York City.

[@squirrelattackspidy]

Very helpful. Thanks!

[@jj.flores]

Awesome thank you!!!

[@cinialvespow1054]

I want to be a film maker and also a producer some day, thanks for the video

[@Crimsonengine]

No worries! There's money to be made :)

[@mrbelivieable3226]

I did not know that. Thanks.

[@RobWatt]

c47 name came from the military item ordering sheet i believe.

[@mlowe7245]

Where do producers get the money to make a film? Is it different for blockbusters than indie films?

[@ElectrickSoundz]

Thank you

[@adammohamed..]

Can I ask , who owns a movie ? For example Warner Bros finance a Chris Nolan film like Tenet , who owns the movie ?

[@brianmunge2001]

whoever finances owns it.if several companies finance, they each own a percentage of the film.Then the marketer/distributor steps in and because they are also spending money ask for a stake too from the owners to share the risk and earn money. nolan's syncopy financed tenet though 100%.warner bros marketed and distributed

[@adammohamed..]

@@brianmunge2001 I fairly certain Warner Bros gave Nolan $200M for Tenet & the distribution and marketing is a separate issue. There’s no way in hell he financed it with he’s own money. Only George Lucas has ever done that with Empire & Return of the Jedi.

[@brianmunge2001]

It is listed as the only production company. You can look it up. It is important to us anyways so i hope i answered your question

[@brianmunge2001]

Warners only distributed it

[@escapekayak]

Very interesting!

[@ThisisnotTwitter]

In a world where these same producers are bidding down most of the skilled roles on set and not paying them full rate with what was saved, this is really wrong.

[@WizardsPath-if5oq]

What's the best way to become a film and tv producer? Is going to film school necessary? Whats the best way?

[@benjamindover4337]

I'm pretty sure movie producer has the Picasso for the same reason they're financing a film: Money laundering. They aren't making money off either. It's just a convenient means of shuffling funds around in a sufficiently grey area.

[@BobbyGiggz]

Great work. Give us more BTS and inner workings of film industry. Cheers. BobbyGiggz

[@NickFILM17]

I don't believe that studios, which are part of huge corporations, would allow a producer to pocket the difference of any unspent funds. They have all the resource in the world to account for every penny and ensure legally that any unspent funds are returned. If producers do makr alot of money it will be off any development deal or backend they get.

[@TheMainMan364]

You would be very surprised. This does happen.

[@stereosiddharth]

great video.

[@mdw7389]

Wouldn’t the investors want a record of all expenses and if they are under budget then the money would rightfully go back to the investors??

[@Crimsonengine]

They would, but it's pretty easy to hide 'expenses' in the budget. Cocaine for cast and crew was routinely part of budgets until the 80s :)

[@k-slay4407]

Carolco Pictures.😂🤣🤣

[@alhla]

@@Crimsonengine That was the ‘80s. Now, the production accountant performs an audit at the end of the film, the state performs an audit, and even the IRS has gotten savvy to those kind of things and can perform audits. They all want to see detailed receipts, invoices, W-2s or 1099s. If you want state tax incentives, where the money is spent matters. Plus the investors want audit rights as well. Things have tightened up.

[@elvispresley2542]

Thanks

[@kevinmejia1989]

I paid a producer for financing and distribution before we have an official budget. Does that sound fishy?

[@Crimsonengine]

You paid them to raise money for you? Sounds fishy.

[@kevinmejia1989]

@Crimsonengine not just that, but that is one of their six contractual duties.

[@marcosmenescal2962]

Producers can make big money, but only if the film is profitable. I know many who lost everything. Moviemaking is a risky business; studios survive by producing in volume, winning some, losing others.

[@warrenleezy]

I've heard it said that George Lucas is a better producer than Writer/Director. Is that true?

[@lawrenceorolobo]

Is this not same as embezzling?..it feels wrong.

[@the_black_douglas9041]

I don’t think a lot of the alleged budget of Rings Of Power ended up on the screen.

[@Crimsonengine]

Budgets are just marketing. No-one knows what it cost, only what they paid or got paid.

[@the_black_douglas9041]

@@Crimsonengine Ah ok. Interesting.

[@Pietje_Piraat]

Producers 100% deserve their big gains. They do the hardest and most dirty work in the industry, while running the most risk. Unfortunatly no creative ever realizes this and they keep moaning and whining about the producers being paid so much.

[@WizardsPath-if5oq]

Whats the best path to become a Film and TV producer? Is Film School necessary?

[@WizardsPath-if5oq]

Whats the best path to become a Film and TV producer? Is Film School necessary?

[@BestAudiovisualTricks]

I imagine Brad Pitt having pictures of himself and Picassos’ next to them as well. Great video! Very cool information!! 🏆

[@nelson-ochieng]

Now I want to be a producer

[@TederaWilliams-ko5cb]

Producers so out earn everyone in the film industry, that's why everyone are becoming one because they make the most money it's not how much you make, it's what you do with that money. A producer can make $100,000.00, a million, millions, or maybe even billions from making movies. For instance look at Tyler Perry he's a billionaire, Spike Lee made $7 million from his very first movie, even small tim unknown producers made $80,000. But just like I said it's not how much you make it's what you do with that money. A lot of writers and actors are on strike because producers are saying they cannot afford to pay them, so they're using artificial intelligence to be actors and using AI to write there scripts and these producers are big time millionairess and billionaires. That's why I say it's not how much you make, but what you do with that money. And they're not paying those actors enough they can barely pay their rent. If you're a huge big time producer and your film crew is on strike then and being replaced by a robot or if there voice are being used and it's a robot and not the real actor's voice you must not be managing your money right and I am not being funny because I know God is watching me right now as I write this. I don't want God to put me in that same position when I become a producer because if you're being funny God will punish me, so God I'm not being funny

[@WizardsPath-if5oq]

Whats the best path to become a Film and TV producer? Is Film School necessary?

[@WizardsPath-if5oq]

Whats the best path to become a Film and TV producer? Is Film School necessary?

[@Harry-vb1vr]

Directors and actors get paid wayyyy more than producers lmfao. Producers do not keep the unspent budget lol.

[@marlonbrown5763]

No different than the drug business only difference is......their not selling drugs their own the drugs

[@elllllllll]

harvey weinstein is such a despicable man in every way. great video, i've learnt a lot, thank you!

[@gianthills]

The actresses who said yes because they wanted to be stars are also part of the equation.

[@b.dangerfield6499]

Yet to meet a producer I can respect.

[@saligraphy]

Because people want more money?

[@whengrapespop5728]

Or because they want to be in control of how the money is used in the film.

[@teacherhuricalazans1996]

Now I know why Thor looked so bad

[@JLW667]

1:16

[@afrosamuraiwarrior]

7:50

[@6fiveempiretv]

As a producer most time you spent the money for the production most time. So, definitely after the job it's out and you have paid the actors and crew. The net profit becomes yours. For example A TRIBE CALLED JUJAH.

[@WizardsPath-if5oq]

Whats the best path to become a Film and TV producer? Is Film School necessary?

[@WizardsPath-if5oq]

Whats the best path to become a Film and TV producer? Is Film School necessary?

[@antonarap]

You don't know what you're talking about

[@MUSTBUYRIGHT]

Sell your souls for 11. The big secret. But you live in a book , and to find out your not going to be welcome in any of the 21. Men and woman will never again have to be controlled by creatures pretending! Ha-ha

[@7777voyles]

Thank you