Article by: www.righteous-productions.com
First and foremost is a budget … what is your budget to do your video production and what is your media format?
A large budget allows a production for a Hollywood movie with worldwide distribution capability and plans. A small budget for a novice or beginner is an internet clip on youtube.
Question: What is the typical budget for Hollywood?
Answer: Ranges of small production budgets can be hundreds with a pro-sumer video… it’s rare and it’s been done. Large budgets can be in the multi-million category as much as a 200 million category… this is also rare. Most range from 2 million to 40 million. Internet clips are a marketing tool for these large budget productions.
Question: What is the typical budget for an Internet clip?
Answer: From free to around 300 dollars per minute, or they could be clips that are from a large budget production which were costly depending on the author. The free video clips are by those getting started such as film students and beginning contractors to build client base and experience, or youtube beginners posting video. The industry standard, not established yet for internet video, is fairly priced around 300 dollars per minute, which includes all steps involved to produce a clip. The internet video clip might be a marketing tool of free internet clips for a client’s project who has paid the industry standard that begins at 1000 dollars per minute of video for such things as corporate training videos and commercials. The client that has paid 1000 dollars or more per minute of video has signed a contract with a video production company to do the nine steps of video production.
How many more types of budgets are there for different video productions? This question will be answered in future postings.
