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If Open Source software provides any clues, marketing is indeed a problem. Consider 'Blair Witch Project' which cost US$ 35.000 to make, was sold for US$ 1.1 M
by cschwarm 15y ago
If Open Source software provides any clues, marketing is indeed a problem.
Consider 'Blair Witch Project' which cost US$ 35.000 to make, was sold for US$ 1.1 Mil., and then the company spend US$ 20-25 Mil. for marketing. And this was an awesome campaign.
"Open Water" cost US$ 500.000, was bought for US$ 2.5 Mil, and the company spend additional US$ 8 Mil. on distribution and advertising.
Box Office revenue is more closely correlated to advertising dollars spend than production dollars spend, accorindg to the presentation here: http://abovethelineproducer.blogspot.com/2011/12/hollywood-profits-quantitative-drivers.html http://abovethelineproducer.blogspot.com/2011/12/hollywood-p...
- marshray 15y agoI wonder how much of that "marketing expense" went to other subsidiaries of the parent corporations but was deducted from the net profits that went to the actual creative people.