Hollywood has a history of idulging itself, and many of the most stunning films of all time are the result of incredible budgets.
Click here to read the story at collider.com.
Discussion Questions:
- What is a budget?
- Why are budgets important in the movie business?
- How do filmmakers determine the initial budget for a movie (what factors do they consider)?
- Why do movie studios sometimes go over budget when producing a film?
- What is a revenue forecast?
- Why are ticket sales important to the success of a film at the box office and what does that have to do with a revenue forecast?
- How does the marketing budget of a film contribute to its overall success
- What are some effective marketing strategies used in the film industry?
- What is one example of movie marketing that you have seen recently? Where did you see the marketing? Online? Social media? Television advertisement or a billboard?
- What is a profit?
- What needs to happen for a film to be profitable?
- Why might a film with a high budget and strong box office performance still fail to achieve profitability?
- According to this story, what was the most expensive movie ever made?
- Was it profitable?