5/29/2023 0 Comments Cinescope creativeWe need more producers who will take a leap of faith,” he said.Ĭoncurrently, Shariq opined that the complaints from filmmakers will keep coming until the equilibrium between risk and reward is balanced.The main prize – 1000 euros (before taxes) donated by Tukums municipality was awarded to the team “Dzīļi vīlies” (eng - Deeply Disappointed ) for the short film “ Cirtenis”. Despite the hurdles, Aamir backed the director, and thus Lagaan happened. “Aamir Khan took a leap of faith and saw a movie in Ashutosh Gowariker’s script. When questioned about what the probable resolution to this argument is, filmmaker Kamat said that there’s a need for more producers who are ready to take a leap of faith. Whereas the director and producer make their fees and production margins irrespective of the fate of the film,” he said. “There’s an imbalance in the risk-reward ratio wherein the producer/corporate takes the financial hit in case a film fails. This is money as equity and not debt,” adding that the producers or corporates investing significant stakes will have feedback.Įlucidating further, he said that a venture capitalist gets a seat on the board if their investment in a company is substantial, and thence a studio or corporate, which at times takes a 100% risk, would say that it’s fair to call the shots about the script, etc. The corporations buy a stake in the film ranging from 50–100 per cent of the cost of production. In the 1990s, music, video, and satellite rights became significant sources of revenue with the advent of satellite television, thus increasing the source of revenue that could be monetised.Įlaborating on the process of funding today, he said, “With the advent of corporations over the last decade or so, films are being financed with money from publicly listed companies. Patel points out that, until the 1990s, films were funded by the producer themselves by raising debt from either lenders or presales of theatrical territories. Shariq Patel, film producer and CEO of Zee Studios, stated that the financing of the film compared to the yesteryears has changed. Kamat, elaborating about films, said, “Gangs of Wasseypur as a film worked because the actors and director Anurag Kashyap had authenticity in their performances.” With reverse engineering, many films are suffering setbacks, he opined, adding, “Filmmakers in the industry need to pull up their socks.” ![]() “Looking at cinema from just the numerical aspect takes away its creativity,” he said. Meanwhile, writer and director of the short film Bare, Ronak Kamat, highlighted that big studios think in numerical values - the bottomline is the balance sheet their moves are calculated, he added. He also mentioned that he would not be comfortable in such a setting for filmmaking. Veteran film director and screenwriter Shyam Benegal pointed out that the corporate model of film production essentially works on a television model wherein there’s a design planned - one person will focus on writing, the other on directing, and so on.īenegal added, “It (studio-backed film) is like a factory line the producers work out most details and a filmmaker may have to direct the film physically,” he said. Cinema, unlike in the 80s and 90s, has been backed by large corporation studios since the 2000s and is largely financed in three ways: debt financing with loans, equity investments, and money raised by selling distribution rights.
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