SubscriptionBanner 5

P3 Update Blog

P3 Update

  • Home
    Home This is where you can find all the blog posts throughout the site.
  • Categories
    Categories Displays a list of categories from this blog.
  • Tags
    Tags Displays a list of tags that have been used in the blog.
  • Bloggers
    Bloggers Search for your favorite blogger from this site.
  • Team Blogs
    Team Blogs Find your favorite team blogs here.
  • Login
    Login Login form

A Lesson in Economics from filmmaker Roger Corman

Posted by on in P3 Update Magazine Blog
  • Font size: Larger Smaller
  • Hits: 1601
  • Subscribe to this entry
  • Print

 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."

Trackback URL for this blog entry.


  • No comments made yet. Be the first to submit a comment

Leave your comment

Guest Wednesday, 01 July 2015