Why do movies cost so absurdly much to make?
In: Economics
Equipmemt hire, crew wages, cast wages, post-production&sfx costs. That covers the majority.
Normally you have to rent out a place/studio, hire your crew, prepare for camera and other technological expenses, along with other costs such as transportation and props.
There are literally hundreds (sometimes thousands) of people working thousands of hours to make a film. Every minute of film you see might take days to create, and can involve hordes of technical experts and manual laborers. And then there’s the cost of the script itself, the on-screen talent and the off screen talent (directors of all sorts, visual effect artists, etc.). Plus the cost of setting up, breaking down and moving equipment and people from location to location. Try to count the number of people listed in a feature film’s credits – even if they averaged a few thousand dollars pay apiece, it’s an enormous sum of money. Many are paid far higher.
The public amounts you hear quoted for blockbuster movies often include the cost of marketing – ads, trailers, etc, which can be incredibly expensive. For example, just running an ad during the Superbowl costs over $5 million for airtime. Blockbuster films often have very expensive casts – Hobbs & Shaw, for example, had three top billed stars with a combined salary of $40 million.
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