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BUDGETING THE EFFECTS

The issue of costs will pursue the VFX Producer throughout the course of the film. Therefore, knowing how to budget—and rebudget—the visual effects is arguably a VFX Producer’s foremost requirement.

If you are already familiar with film budgets and budgeting software such as Movie Magic Budgeting (as we assume most of our readers are), you will know that costs are divided into two major categories: above-the-line and below-the-line. Above-the-line items mainly cover the film’s contractual, fixed costs, such as story rights, salaries of the director, stars, producers, writers, and other fixed and contractual costs. Below-the-line costs include everything else: crew, sets, equipment facilities, travel, and postproduction. ...

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