You’re in the movie industry to star in, direct, produce or distribute good movies. But you are also in it to make money – or at least many of you probably are. But being good at your craft (acting in, directing or producing movies) doesn’t necessarily mean that you will succeed in the movie business – especially if you are also looking to survive and thrive profitably in the industry.
WHAT DRIVES MOVIE BUSINESS SUCCESS?
Here are 7 business tips that people in the movie industry should pay attention to. If you truly want your movie business to be a commercial success, then here’s what you need to do:
1) PLAN, PLAN…PLAN: Like all successful business, planning is the key for commercial success in the movie industry. You can’t just give up your day job and start out in the movie industry. You need to assess exactly what skills and knowledge you have about the industry, and then build a plan for a business around those skills. You could, of course, just go out and hire a bunch of people to do it all for you. But leveraging your own personal core skills of the movie industry is often a good building block for a successful business.
People in the film business are a unique group of professionals. And while they have lots of individual talent that they bring to each project, a lot of what they do depends on technology. Knowing what’s new and trending in film technology can really help enhance the quality and acceptance of film projects.
Here are a few recent changes in film technology that have made today’s movies so enjoyable:
1) Look to the cloud: Film technology has come a long way, taking sizable technological leaps from VHS tapes to DVD and BluRay. But now, the age of cloud computing has brought a whole new meaning to raising the bar sky high. Film makers in recent years are producing more movies for digital streaming applications, where consumers can download them on their PCs, tablets and Smart phones and watch them at leisure.
In days of old, when the only way to review a film was to go and see it, viewers got a raw deal. Too many movies were clearly not worth viewing. But because the institution of film reviewers and critics was not as formal as it is today, movie goers of the past only regretted their decisions after they invested time and money watching the film.
WHAT’S IN THE CARDS
So what are film reviewers and critics looking forward to for the 2015 film roster? Well, if release schedules hold true, the coming year is bound to bring some great films to the big screen:
- Jurassic World (Jurassic Park IV): This big screen epic promises all of the special effects and heart-stopping adventure that previous installments delivered to audiences all over the world. JP4 is not going to let its followers down! The movie will be shot in 3D, a first for the JP franchise, and is rumoured to include some exceptional Dino Vs Dino action too. Executive producer Stephen Spielberg will no doubt bring all of his experience to bear, as will Director Colin Trevorrow (of Safety Not Guaranteed fame).