Introduction to Creating a Professional Film Budget: Details, Presentation, Movie Magic and Beyond

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Hosted by Rosi Acosta

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On Demand Webinar - For immediate download. Unlimited access for 1 year.

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Rosi Acosta

Webinar hosted by: Rosi Acosta

Unit Production Manager, DGA

Rosi Acosta is a Unit Production Manager, DGA, who has worked on over 75 TV and Film projects and over 100 commercials. She is a valued name in Hollywood as a top UPM who's worked on films such as DRIVEN, SPEED KILLS, IMPRISONED and many more.   With over three decades of experience, Rosi has worked internationally with production companies from US, Europe, Russia and Latin America.   She began as a Casting Director 32 years ago in Puerto Rico working for director Marcos Zurinaga at Zaga Films where she became one of the top Casting Directors in the Island. After working as such for a few years, she wanted to expand her horizons in production moving on to work with the most important TV producer in the Island, Gabriel Suau, in Telemundo-Puerto Rico, where she worked for several years in various TV shows and telenovelas.   Then her break to become a UPM came when she was recommended to do the job in a Mexican telenovela for Televisa. That was the project that made her realize that working as a UPM for non local productions was her dream come true.   Her extensive experience includes teaching, coordinating over 54 workshops and seminars and an active lobbyist on all film related legislation and affairs which have made her a leader in the industry. Full Bio »

Webinar Summary

A professional budget is essential to every film, TV, and digital production. It's important that you get your financials in check in order to avoid any surprises once you yell "Action!" This will help avoid overages, delays, and frustration on the set. Putting together a professional budget is not as difficult as you think!

Even if Excel and Movie Magic aren't your specialty, that's OK. You can still learn what you need to do to in order to make sure your budget looks professional. For starters, you must make sure that you have all the pertinent production details and supporting information. You need to proofread your work before it's submitted for the production. In short, before you can create a budget that will keep your production on track, you need to understand all the elements that will make is so. It's not as intimidating as you think, and we're here to help.

Rosi Acosta is a Unit Production Manager, DGA, who has worked on over 75 TV and Film projects and over 100 commercials. She is a valued name in Hollywood as a top UPM who's worked on films such as DRIVEN, SPEED KILLS, IMPRISONED and many more. She's committed to helping you understand the basics of creating a professional film budget. 

You'll examine all the pertinent elements of a film budget so you have a clear understanding of what is considered industry standard. You will learn the basics of Movie Magic software and what support documents you will need to help you prepare a professional budget. Rosi will take away the anxiety and simplify the process of creating your film budget!

This presentation will give you confidence to move forward with a professional level budget to ensure your production goes off without a hitch! 

 

"Rosi Acosta is, in a word, awesome. She is a treasure of knowledge and easy to understand! Incredibly detailed."

- Lawrence W.

What You'll Learn

Professional Budget Breakdown

  • Parts of a budget—What is commonly included
  • Levels of a budget-What is commonly included

Presentation of a Professional Film Budget

  • Pertinent production details to include and where to include it
  • Specific information to include in the detail accounts

Efficient Use of Movie Magic Budgeting Software

  • Basic software advantages
  • Correct use of helpful features

What Support Documents & Information You Need to Prepare a Professional Budget

Common Practices That Will Help You Create a Professional Looking/Readable Budget

Tips to Proofread Your Budget Before Submitting It 

Q&A with Rosie

About Your Instructor

Rosi Acosta is a Unit Production Manager, DGA, who has worked on over 75 TV and Film projects and over 100 commercials. She is a valued name in Hollywood as a top UPM who's worked on films such as DRIVEN, SPEED KILLS, IMPRISONED and many more.
 
With over three decades of experience, Rosi has worked internationally with production companies from US, Europe, Russia and Latin America.
 
She began as a Casting Director 32 years ago in Puerto Rico working for director Marcos Zurinaga at Zaga Films where she became one of the top Casting Directors in the Island. After working as such for a few years, she wanted to expand her horizons in production moving on to work with the most important TV producer in the Island, Gabriel Suau, in Telemundo-Puerto Rico, where she worked for several years in various TV shows and telenovelas.
 
Then her break to become a UPM came when she was recommended to do the job in a Mexican telenovela for Televisa. That was the project that made her realize that working as a UPM for non local productions was her dream come true.
 
Her extensive experience includes teaching, coordinating over 54 workshops and seminars and an active lobbyist on all film related legislation and affairs which have made her a leader in the industry.

FAQs

Q: What is the format of a webinar?
A: Stage 32 Next Level Webinars are typically 90-minute broadcasts that take place online using a designated software program from Stage 32.

Q: Do I have to be located in a specific location?
A: No, you can participate from the comfort of your own home using your personal computer! If you attend a live online webinar, you will be able to communicate directly with your instructor during the webinar.

Q: What are the system requirements?
A: You will need to meet the following system requirements in order to run the webinar software: Windows 7 or later Mac OS X 10.9 (Mavericks) or later.
If you have Windows XP, Windows Vista and Mac OS X 10.8 (Mountain Lion): The webinar software does not support these operating systems. If you are running one of those operating systems, please upgrade now in order to be able to view a live webinar. Upgrade your Windows computer / Upgrade your Mac computer

Q: What if I cannot attend the live webinar?
A: If you attend a live online webinar, you will be able to communicate directly with your instructor during the webinar. If you cannot attend a live webinar and purchase an On-Demand webinar, you will have access to the entire recorded broadcast, including the Q&A.

Q: Will I have access to the webinar afterward to rewatch?
A: Yes! After the purchase of a live or On-Demand webinar, you will have on-demand access to the audio recording, which you can view as many times as you'd like for a whole year!

Questions?

If you have a generic question about Stage 32 education you can take a look at our frequently asked questions section on our help page, or feel free to contact support with any other inquiries you might have.

Other education that may be of interest to you:

Understanding Hollywood Unions & Guilds

With over three decades of experience, your Stage 32 Educator Rosi Acosta, Unit Production Manager, DGA has worked internationally with production companies from US, Europe, Russia and Latin America. Rosi has worked on over 75 TV and Film projects and over 100 commercials. She is a valued name in Hollywood as a top UPM who's worked on films such as DRIVEN, SPEED KILLS, IMPRISONED and many more.   Through the years Rosi has had extensive experience dealing with each and every Hollywood Union and Guild. In this exclusive Stage 32 Next Level webinar Rosi will pull back the curtain and discuss the ins and outs and pros and cons of working with the labor organizations. You will walk away learning how to mitigate any risks or overcome any obstacles when dealing with unions on your film, TV or digital project. 

What Is the Job of a UPM? Production Management Process, Practical Tips, How to Avoid Problems & Case Studies

In this exclusive Stage 32 Next Level Webinar Rosi Acosta (UPM, DGA) will be going over her 30 years of experience as a UPM working on over 100 film, television and commercial shoots on projects such as DRIVEN, SPEED KILLS, IMPRISONED and more.  Rosi will explain, in an easy to understand/straightforward way, many concepts that are learned only in the trenches about what a Unit Production Manager does and what impact can production management have for the whole film team. You will acquire a wider view and understanding of the elements you should take into account when planning a film successfully and how to properly manage any film project. Plus! Rosi will be going over case studies from projects she's worked on!  

Is There A Market For Your Short Film? Distribution, Recognition & Monetization

Many beginning filmmakers, even many accomplished ones, remain confused about “the market”, when it comes to short films. But the true question is not “Is there a market?” but rather “Is there a market for me, my film, in the short film world?” The answer is an unconditional “Yes.” Short films are more popular than ever. With more and more film festivals catering to short films, increasing outlets for distribution, and online platforms offering the promise of revenue sharing models, the appeal of making a short film is on the rise. But how do you market your short film?  How do you increase your chances of not only being seen, but even making a return on a short film? The answers are out there, if you know the right questions to ask. David Paterson, is an accomplished writer, director, and producer of short films that have been seen in over 100 film festivals throughout the world. David knows that the "marketing" of your short begins well before FADE IN. And as an advisor to four major film festivals as well as performing as a juror on several short film contests, David is an expert at the most successful ways to market your short film. David will discuss not only the many marketable elements of a short film, but how you can develop and cater that film to best benefit you as a writer, filmmaker, or producer. He will show you how, by focusing on your talents and profession within the short film, you can maximize "the bang for your buck". Further, David will cover the holy grail that all filmmakers want to master: Distribution, Recognition and Monetization of their short film. None of these three objectives come without pitfalls. In comprehensive fashion, David will walk you through those pitfalls, how to avoid them, and put you on the road to recognizing and obtaining that perfect "market" for your short film.   I find the market for short films daunting. While I love the process of making a film, getting it seen and the idea of making money off of my work has always been a black hole for me. This information made me realize that I've been taking an "all or nothing" approach instead of a targeted one. - Maya V.

What Is the Job of a UPM? Production Management Process, Practical Tips, How to Avoid Problems & Case Studies

In this exclusive Stage 32 Next Level Webinar Rosi Acosta (UPM, DGA) will be going over her 30 years of experience as a UPM working on over 100 film, television and commercial shoots on projects such as DRIVEN, SPEED KILLS, IMPRISONED and more.  Rosi will explain, in an easy to understand/straightforward way, many concepts that are learned only in the trenches about what a Unit Production Manager does and what impact can production management have for the whole film team. You will acquire a wider view and understanding of the elements you should take into account when planning a film successfully and how to properly manage any film project. Plus! Rosi will be going over case studies from projects she's worked on!  

From Script to Set: Getting Ready For Your 1st Day on Set

The script is finally ready…now, how do you prepare for your first day on set? There are a lot of factors that go into preparing for your film shoot. We’ve brought in producer, Samm Haillay, to talk about the process from script to set. Samm is an eight-time feature film producer, whose films have premiered at Cannes, Venice, Sundance, SXSW and who’s film Island of the Hungry Ghosts won best Feature documentary at 2018 Tribeca Film Festival. He’ll be going over everything from schedule, budget, casting, locations and more to get you prepared for day one. He’ll be sharing his decades of experience and helping you avoid common mistakes made, as you get ready to shoot your film.     

Line Producing Strategy - How to Make Your Movie with The Highest Quality for the Lowest Price

Creating a realistic budget can make or break a film before it ever makes it into production. Where should you spend? Where can you cut? How do you stretch your dollar? In short, how can you assure you're creating the highest quality film for the lowest price?  Listen, not everyone can afford a line producer. And even if you can, you want to make sure he or she is protecting your vision and your money! Understanding this aspect of the business and how a film can be put together is everything! Let's make this complex aspect of filmmaking easier, shall we? Michael Madaville (Taken, Taken 2, Taken 3 to name a very few) is one of the most respected line producers in the business. Michael has created budgets from some of the most successful indie darlings, mid-majors and studio films in the business. And now, exclusively for Stage 32, he will take you by the hand, help you problem solve just about every issue that may arise, and help you toward financial success no matter what your budget may be.  Using examples from his decades in the business, Michael will walk you through examples of micro to major budget films and discuss how to reduce costs for crew, locations, materials and more and how to apply that information to get your schedule tight and your budget to where it needs to be.   No more chasing funds or getting caught short during filming! Michael will show you how to get on the path to a smooth shoot well before yelling "Action!"

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