It just depends on what you're seeing it as. I've always seen it as the 7K cash feature thatgot this guy into larger budgets and noticed.
Agreed.
I see the budget issue as what it takes to get the movie
into the theaters - not as what a filmmaker spends. This
is the number beginning filmmakers fixate on. As if there
is a number that can be, or should be, spent in order to
get a film into a festival.
Whatever the studio did afterward, that was adifferent story. That part would matter more to me as a studio or distributor versus a no name no money filmmaker. But different eyes and ears for different people.
Again I agree. That part matters to me as a filmmaker because
I know a distributor looks at a movie I make with those numbers
in their head.
The budget thing is much hairier though because I keep hearing that revealing a cash budget may cause you to lose money when it comes time to sell.
I have heard this and there may some truth to it. But I don't think
there is. Your example of “The Signal” is why I feel there is no truth
to it. I don’t think Magnolia would have paid more if the budget had
been $160,000 or less if it had been $6,000. No way to know for sure,
just a gut feeling I have based on decades of talking to distributors.
Magnolia liked the film, felt they could make money on it and had a
purchase range. And that range was based on what they believed
they could earn back and subject to negotiation with the sales agent
and not contingent on the budget.
Why budget info is removed from the web is a different matter. Is it
the filmmakers doing it - do they have that power? Or is it the distributor?
I don’t know. Why, after the sale, would the filmmakers have their
original budget removed from the web? Again, I don’t know. What I
do know is I have never been in a negotiation with a distributor that
included the budget of the movie. Except when it comes to the distributor
offering $10,000 and the filmmaker saying, “But we spent $25,000.”
If that really was the case wouldn’t Magnolia offer $200,000 for the
60k “The Signal”? That’s a pretty good payday for the filmmakers.
Where we are in agreement (again) is that no matter what the actual
out of pocket budget is and what the purchase price is, getting distribution
from a major distributor is likely to lead to another deal and more money.
So if a filmmaker makes a movie for 17k, sells it for 10k and then gets
a 2.5 million budget for their next movie, that's a good thing.