The business of film
The business of film

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The business of film

Week 1: The value of film

Introduction

The film business aims to make money, just like any other business. However, it's also an important cultural aspect of our lives, and a key part of the creative sector.

The usual norms and expectations of a business are sometimes tempered by other considerations. This free course, The business of film, will highlight particular areas of business learning relevant to film and the creative sector as a whole, and provide pathways to further information and study.

Throughout this course, you'll see video clips with Bharat Nalluri. Bharat is a film and television director, whose films include Miss Pettigrew Lives for a Day and The Man Who Invented Christmas, and he's worked on shows such as Spooks, Life on Mars and Hustle. He also directed the film that's used as a case study in this course, Spooks: The Greater Good. Bharat will meet you at the beginning of each week to introduce the different elements of the course. You’ll meet several other key figures in the UK film industry, who play roles from the very beginning of the film-making process through to the end product and its distribution and sales.

In order to understand the film business, it is important to understand some key business concepts and perspectives within the film industry. How is value created in the world of film? What are the different stages of a film’s lifecycle? How are films paid for? Who is involved in the film production process? Watch the first clip with Bharat now, before you move on to the first week's materials.

Download this video clip.Video player: Video 1 Bharat Nalluri talks about film-making
Skip transcript: Video 1 Bharat Nalluri talks about film-making

Transcript: Video 1 Bharat Nalluri talks about film-making

BHARAT NALLURI
It's easy to forget that film-making is a money making business, as well as being part of our cultural lives. If it doesn't make money, it won't survive. It's as simple as that. This course is about the business of film, and how films make money. I'm Bharat Nalluri. I'm going to be your host for this course, the Business of Film. Over the six weeks, it will give you a handy overview of the process and an understanding of who does what. It will introduce you to key terms and concepts and crucially explain how the whole house of cards that is film finance is put together.
 Along the way, you'll meet some of the key individuals involved from the UK film industry.
 You'll also get the chance to meet some of the people involved in the making of the feature film, Spooks: The Greater Good, released in the UK in May 2015. They will give you an exclusive insight into how an independent feature film is put together from beginning to end. The examples and individual's you will meet are British. The principles apply wherever you are in the world, and you will have plenty of opportunity to jump in and join the discussion. Feel free to share your experience or impressions on the business of film in your country. Keep an eye out for the links and other information provided throughout the course.
 You may not be in film, but that doesn't mean that some of the business concepts and ideas you will come across don't apply to you in your business or field of activity.
End transcript: Video 1 Bharat Nalluri talks about film-making
Video 1 Bharat Nalluri talks about film-making
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