|
|
Author
|
Topic: Cost of one Film Screening
|
Ian Price
Phenomenal Film Handler
Posts: 1714
From: Denver, CO
Registered: Jun 99
|
posted 04-07-2002 08:05 PM
Someone asked me what it costs us to show one film once. This question always seems to arise either when you have 3 people for your last show or when a studio wants to show a special screening at your theatre. We used to show a lot of Exhibitor Screening in the '80s for $100 per show.I just got our first quarter's P&L statement. We have 5-screens, and we run 4 shows per day. There have been 120 days in the year so far. So we spent $4.33 for utilities for each screening. That doesn't look like much, but it adds up to more than $31,500 for the year. But if you take all of our expenses for running our business for these first three months and do the math, each film screening cost us an average of $185.67 to run. So we need to make more than that for each and every showing to at least break even. So Ky, no more free screening for various charity groups. Please get at least $200 out of them first. Other theatres will have other numbers based on the difference having to do with their different operating expenses.
| IP: Logged
|
|
John Pytlak
Film God
Posts: 9987
From: Rochester, NY 14650-1922
Registered: Jan 2000
|
posted 04-08-2002 10:27 AM
At ShoWest, the Kodak presentation on the Kodak Digital Cinema system noted that the average cost of providing a 35mm film print to a theatre is about $350 (US Dollars) per week, which works out to only about $10 per screening with five shows per day. I think this estimate assumed a $1400 cost for the print and shipping, and a 4-week first run.------------------ John P. Pytlak, Senior Technical Specialist Worldwide Technical Services, Entertainment Imaging Research Labs, Building 69, Room 7525A Rochester, New York, 14650-1922 USA Tel: +1 585 477 5325 Cell: +1 585 781 4036 Fax: +1 585 722 7243 E-Mail: john.pytlak@kodak.com Web site: http://www.kodak.com/go/motion
| IP: Logged
|
|
Don Sneed
Master Film Handler
Posts: 451
From: Texas City, TX, USA
Registered: Aug 2001
|
posted 04-08-2002 10:31 AM
Wow Ian, never thought of it that way....it does adds up quick !! When I had my own business, something no one ever thinks about is how much it cost to drive there car for 60 miles or one hour...I had three service vans, take 1-month cost of Insurance, 1-month cost of car payment, divide by 4 (weeks), divide again by 40-hours, add cost $$ of 2.5 gallions of gas to drive the van 1-hour/60-miles...example: $208.00 + $316.70 = $524.70 divide by 4 = $131.17 divide by 40 = $3.28 + $3.37 (gas) = $6.65 an hour to drive the van 60-miles, plus the hourly wage of the person driving it, which added another $16.00hr. so that makes driving a service van 1-hr/60 miles to $22.65 an hr. ..so I can relate to per screening cost....just never thought about it ..... good information !!!
| IP: Logged
|
|
Jerry Chase
Phenomenal Film Handler
Posts: 1068
From: Margate, FL, USA
Registered: Nov 2000
|
posted 04-08-2002 11:48 AM
Awww, cummon guys. This is deceptive math. There are fixed costs and variable costs. The cost of a theatre being open for a year is the cost of rent, taxes, and other fixed costs.If only one showing were done during the year, the cost of that showing would be astronomical. If Ian and Ky would get off their lazy butts and show films 24/7 their cost per show would drop substantially. Cost per show when figuring whether or not to have an extra show has to be based only on the variable costs. Estimating the overall cost per show is about as useful as estimating how many watts there are in a volt. (Unless, of course, you are trying to impress a film company how high your nut is, to drive up the base in a 90/10 split.) Fun is fun, but some new manager unfamiliar with accounting is going to take this thread seriously and start kicking people out.
| IP: Logged
|
|
Ian Price
Phenomenal Film Handler
Posts: 1714
From: Denver, CO
Registered: Jun 99
|
posted 04-08-2002 01:44 PM
Jerry,Too true. 1st rule; never deny a sale. If we have one-person show up for that last show, we smile, offer the person popcorn and start the film. Just for people’s information, that per showing cost is based on our theatre's 1st quarter 2002 actual numbers. As I mentioned in my post, other peoples theatres will have different numbers based on Kilowatt cost differences, number of screens, differences in their lease or mortgage payments, number of years the theatre has been in business, whether the theatre has new or used equipment, hourly cost of the staff, the prevailing weather, average length of time films are held, geographical differences in film shipping costs, insurance costs, color of the manager's car and which party is in the White House and other seemingly strange phenomenon. So yes these are just statistical lies or numerical masturbation but fun nun-the-less. It would be interesting to compare average screening costs with many other theatres. But the problem is that I doubt that many participants of this forum have access to their P&L statements. Also those that do have access to their P&L statements are usually bound by confidentiality agreements and can't share any financial information. Don, Great simile! That's why plumbers must charge $80 per hour. They already lose $23 just driving to the house. Then they got to pay for the shop and by the time you end up with the plumber only making $12 per hour. So without gas and paying for the driver you figured out that it costs $3.28 to drive the van for an hour of 60 miles. I think the government allows $.30 per mile now for vehicle compensation if you drive your own car. So if you drive real fast you could make $18 per hour. That doesn't pay for everything but it pays for a lot.
| IP: Logged
|
|
|
|
|
All times are Central (GMT -6:00)
|
|
Powered by Infopop Corporation
UBB.classicTM
6.3.1.2
The Film-Tech Forums are designed for various members related to the cinema industry to express their opinions, viewpoints and testimonials on various products, services and events based upon speculation, personal knowledge and factual information through use, therefore all views represented here allow no liability upon the publishers of this web site and the owners of said views assume no liability for any ill will resulting from these postings. The posts made here are for educational as well as entertainment purposes and as such anyone viewing this portion of the website must accept these views as statements of the author of that opinion
and agrees to release the authors from any and all liability.
|