Thursday, 9 February 2012

Costings


Financing Your Music Video


Michael Jackson Scream Music Video

Michael Jackson has always had high budget music videos, for example he spent $800,000 on his music video “Thriller”, which in these days would be $1.4 million.  However before the video “Thriller” nobody came close to spending money around those budgets, and everything had to be done with limited technological capabilities. As the technology improved, Michael Jackson was spending more and more on his videos, exceeding over $1.2 million on “Black or White”. Michael Jackson’s music video for ‘Scream’ came to $7,000,000. This was twice as much as the next most expensive music video which was Puff Daddy’s ‘Victory’ at $2.7 million.
 Wondering what all the money got spent on?

Computer generated spaceship: $65,000

Breaking guitars: $53,000

Morphing artworks: $50,000

Michael's makeup: $3,000

Janet's makeup: $8,000 a day

Choreography: $40,000

Giant video screen: $80,000

Lighting: $175,000

Cost per day: $636,000 (about 11 days)

Total cost of 11 sets: $5,000,000





















Cast £100 per day per extra
Camera Crew:
£7000 One crew per day
Sound Crew
£6000 per day
Lighting
£4000 per day on location
Wardrobe/make up/ hair
£250,000 Basics
Location costs
£5000 props per scene
Construction of sets
£15,000 per set Basic
Hotel Costs
£10,000 per day (covers all crew and cast)
Electrical
£2,500 per week

POST PRODUCTION
(on average a video will take 7 days to edit)
Editing suite
£10,000 per day
Editor
£10,000 per day
Sound editor
£8,000 per day

Overall price - £327600

1 comment:

  1. Unit 1

    P1, P2

    You have made a start in explaining how much your video will cost to make and this is because you have outlined to main points. You have also included some research to show your understanding of why music videos cost millions to be produced.

    To achieve a M1 you need to expand on the points that you are making to show further understanding of why the video cost that much. Consider the costumes, set designers and style in more detail. To achieve a M2 you need to explain how you will be able to afford to make a music video and hw yu will receive money.

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