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A micro budget film is that which is made on an extremely low budget, sometimes as little as a few thousand dollars.
The Low Budget Agreement applies to those films shooting entirely within the United States with a total budget of less than $2,000,000.
Yes, it's just a matter of who gets covered by a SAG-AFTRA contract. Under the Student Film and Ultra Low Budget Agreements, only the professional performers in the cast are covered (that includes SAG-AFTRA members, but also professional actors who have not yet joined the union).
The Micro-Budget Project Agreement is designed to provide a streamlined signatory process for independent producers who have a project with a budget of $20,000 or less per picture (or per episode of episodic projects). Click here to learn more! Sub Title Micro-Budget Project Agreement Include Step No Sort Order 3.
Sample Movie Production Agreement Description of Project. . Production Specifications. The Project will be produced in color on , using both studio and location recording techniques. Budget. Script. Date of Delivery. Ownership of Rights in Project. Credits. Right to Enter Project in Competitions.
SAG Theatrical Performer Only Rate Table TierBudget RangeDaily Rate Basic Agreement >$2 MM $1,056 Low Budget (>80min) $700k - $2 MM $686 Modified Low Budget (>80min) $300k - $700k $370 Ultra Low <$250k (Including deferrals <$500K) $2112 more rows •
A film production contract is a key legal document that details the agreed terms and conditions for everyone involved in making a film. It ensures that all participants, from lead actors to set designers, understand their roles and compensation.
Wardrobe allowances When you do not supply performers with wardrobe, they are entitled to compensation for the “wardrobe” they are themselves supplying. Wardrobe allowances start at $12.00 per outfit per week; $18.00 for formal attire.
The Low Budget Agreement applies to those films shooting entirely within the United States with a total budget of less than $2,000,000.
The fragmented definition of “low budget” is reflected in the regulations of most major filmmaking unions and guilds. The International Alliance of Theatrical Stage Employees (IATSE), for example, currently considers any feature film budgeted between zero and 15 million dollars to be low budget.