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Media Production Cost Management

With changes in technology, increasingly more companies—whether media companies, independent filmmakers, nonprofits, or advertising agencies—are creating branded content, commercials, films, TV shows, and web shorts, and the demand for media and content production continues to grow. But the truth is, even in this climate, the quality of the script and the story is only as good as the budget behind it. From the moment an idea becomes a script or a storyboard, cost planning and cost management are essential. Whether you’re writing your first script, working on the production-side of a studio/media company, or new to the industry, this course will take you through the entire cost management process, beginning with the creative idea or script to budgeting and finally cost reporting. Learn how to research components of production budgets, such as labor costs, union rules, and production incentives in the content production landscape. Explore best practices, industry standards, and current trends for controlling costs, managing budgets, and reporting financials. Topics are covered through the use of case studies, real-world tools and techniques, and hands-on practice.

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You'll Walk Away with

  • An understanding of the costs associated with film, TV, and branded content production
  • Tools for analyzing managing, controlling, and reporting costs
  • Effective decision-making techniques for cost management

Ideal for

  • Those working in production—including producers, crew, and script supervisors
  • Creative types of all kinds who want to write stories that can be made and produced
  • Those working in finance, legal, or banking who want to enter the entertainment industry
NO open sections available for this course at the moment. Please check back next semester.