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A Lesson in Economics from filmmaker Roger Corman

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 Making films for foreign markets is complicated. That's what the legendary filmmaker Roger Corman told Frank Barron when they got together for a chat about the business, and I was there to listen to the two Hollywood veterans.
 Corman said the international film business can be profitable with their various tax incentives. But there are strict rules. And the filmmakers have to consider where in the world they will be selling the film. Certain countries don't allow nudity. Others don't allow excess violence, or certain weapons being shown. All of that and many more factors, that have nothing to do with the storytelling, come into play during the production and editing process, if you want to sell to foreign markets.
 As for filming across America, the tax incentives and credits have been helpful, but Corman believes politicians can make a bigger difference in keeping film companies in the U.S.
 Years ago, Corman went to Washington to speak to legislators. Needless to say, it was a frustrating experience. He said, "I don't think the people in Washington are really aware of the immense economic importance of Hollywood productions."
 Corman made a great point comparing the aircraft industry to the motion picture production industry. I'm sure he had research to back his statement when he said, "After the aircraft industry, motion picutres and television are the Number One export dollar earners for the U.S. And the aircraft industry is essentially subsidized by the government. So essentially, we are the Number One industry. But it means nothing to them (government)."
 He said, "As a producer I am obviously concerned about budgets and runaway productions, but all things economic are important. I am reacting to the economic reality."
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Guest Monday, 22 September 2014
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