Film

Economics of the film industry

Cost

Blockbuster movies cost 100-500M dollars to produce. Costs include actors, directors, crew, ect. Then on top of that, marketing can cost 50-100% of that cost.

How are they financed? Combination of studios and financing partners that buy movies in slates to diversify risk. For 10 movies there are always 2 hit movies, 5 break even, 3 that lose. 2 hit movies make up for everything else.

Movie theaters usually take 50% of proceeds meaning films have to make 2-2.25x in revenue from their cost just to break even.

With streaming platforms, there are no tickets so platforms will usually buyout movies and tv shows for a fixed cost (taking into account royalties up front) for a set time period. If the media does well, the next term will be renegotiated even higher.

Union residuals are derived from the base pay with a formula including subscriber count of platform, base actor fee, what type of license with percentages diminishing over time.

2023 actors strike came up around the same time of Suits resurgence and the show became a poster child for the strike. Suits actors not getting paid for the huge resurgence of Suits. This is because pay for actors didn’t have anything to do with viewage at all. Now, if your show or film gets viewed 20% of the platform's domestic subscriber count in its first 90 days, you get a bonus pool paid for by the studios (this is for platform produced media).

Completing a movie usually takes 2-5 years. First scripting (1-3 years), then casting and pre-production (1 year), shooting (6 months), final cut

Directors often don’t have final cut privileges (the final say of what edits and frames are included in the movie). Only top directors like Spielberg, Nolan Cameron, Tarantino have final cut rights (power move).

Actor deals - vary based on stardom and negotiation. Usually upfront fee (millions) and then

Union residuals per play (can be 6 figure yearly payments)

Scenes are filmed 10+ times over and over to get different coverage of shots. Usually there is a curve of efficacy where the first takes are actors warming up, then by round 10 they are in their peak zone. Some directors and actors like taking the first take to have a rough version others like doing tons of takes. Actors are required to produce the same output many times. Just like performing in the theater they perform every night and it has to be the same exact performance.

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Notes 8/31/2026, 2:15:09 PM

this is about the movie the movie Pulp Fiction first the users sorry the characters there is a Marcellus

Notes 8/31/2026, 2:19:04 PM

so this is a movie review it's fast and furious the first one 2001 I forgot the exact name I think it's called The Fast and Furious characters are Dominic played by Vin Diesel and an undercover cop I don't remember his name but he is sent on a mission to infiltrate the racing games because the cops believe that these gangs are affiliated with a bunch of truck robberies that have been happening

Gay with homies

It’s a form of gassing up your friends. Establishes more friendships - good technique.

Being gay allows you to touch them (more camaraderie instantly - remember at the club), and hype them up jokingly.