![]() #MILLION DOLLAR CINEMA STUDIO MOVIE#It just goes to show how the little details can take a $1 million movie budget to one that costs $10 million. It’s a factor not a lot of people think of when considering a film’s budget, but lumber to build sets is absolutely crucial. For example, The Hollywood Reporter ran a piece about the skyrocketing cost of making movies due to the increasing price of lumber during the COVID-19 pandemic. This comes down to good, old-fashioned inflation and the increasing cost of everything associated with making a movie. The first movie Steven Spielberg made with a budget exceeding $100 million was 2002’s Minority Report. Not adjusted for inflation, the cost to make Jurassic Park, which required a ton of sets, visual effects, and animatronics, cost a measly $63 million. In fact, if you go back as recently as the 1990s, you’d be hard-pressed to find any movie that broke $100 million budget. Sure, inflation is a thing, but it wasn’t always like this. The idea that every blockbuster has to cost around $200 million is a fairly recent phenomenon. HOW MUCH DOES A MOVIE COST TO MAKE? How has the average movie budget increased over the years? You can learn more bout the various ways marketing takes shape by viewing this video from CrashCourse. For major productions, this is readily apparent in the form of trailers, billboards, radio ads, and everything else you can possibly slap a poster on. From there, you need to market the film so that people actually know it exists. However, that’s only half the battle in Hollywood. You have the costs of paying the cast and crew, building sets, utilizing visual effects, and everything else associated with making a movie come to life. When most people think of the cost of making movies, their thoughts turn to the actual production. AVERAGE FILM MARKETING BUDGET What's in the movie marketing budget? With average marketing costs being around $35 million, the average movie cost in total stands at $100 million. It’s important to note that doesn’t include marketing costs, which can often cost half as much as the production costs. ![]() However, according to Investopedia, the average film budget for a Hollywood motion picture rests at around $65 million. With such a wide breadth of budgets, it can be tough to reach a consensus, especially when determining what types of films to include. ![]() In other instances, you have something like Pirates of the Caribbean: On Stranger Tides, which was most expensive movies ever made at a whopping $379 million! ![]() Some can be made on a relatively low budget of a few million dollars. AVERAGE COST TO MAKE A MOVIE How much does a movie cost to make?Įvery movie is different. ![]()
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