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How to Save Budget in Media Production

The three main stages of media production are pre-production, Production, and finally, post-production. Pre-production involves the first stages of pl…

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How to Save Budget in Media Production

So how much will this project cost? This is the one question most clients ask. You do not want to chase away your customers with exorbitant prices. Subsequently, how will you, as a producer, make a maximum profit while providing your clients with high-quality production but at a pocket–friendly price? So, visit this website to get your way around a free video maker to make high-quality productions while saving money.

To figure this out you need to pay great attention to the stages of production and on that note come up with a low-budget strategy. The three main stages of media production are pre-production, Production, and finally, post-production. Pre-production involves the first stages of planning, scripting, and storyboarding. Production entails the shooting or recording while post-production entails everything done after the shooting which is mainly editing and coming up with the final copy.

The following tips will help you save on budget for your media production:

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Pre-Production

If you’re looking to trim costs, review your pre-production activities for they can be time-consuming and expensive if not well-handled.

Format Choice

If you’re creating a video for marketing, for instance, choose a format that will be less expensive. For example, a staged video with a couple of characters shot in different locations would be quite expensive. On the other hand, a documentary would be cheaper since you do not necessarily need a studio or actors. Moreover, it is more honest and shows your audience what it is really about

Scripting and Storyboarding

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If you cannot afford professional scriptwriters, you can opt for in-house scriptwriting with tips obtained online and with comments from your colleagues and professionals which will be cheaper.

Also Read: The ultimate guide to Digital Marketing

Production

Simplify Your Video Production Using a Free Video Maker

There is the software you can use to create templates for every video package you offer. A more cost-effective approach is using the free video maker to create video templates you can use each time you want to create a similar video, whether for advertisement or a movie trailer. This will help you plan for and anticipate costs in a much better position.

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Your template can include basic features required for every project such as audio recording, videographer, and crew. You can then charge extra for each ad such as animation and licensed music.

Save On Travel Expenses

Thanks to technology, you do not have to go to every location of interest to record a video. Some of the free video makers have an additional feature called the Chroma key which you can use to edit your background and forge a location. This is the green screen effect.

All you need is to set up your backgrounds with a green or blue cloth, paper, or wall. Shoot your scenes as if you’re in the location you desire then edit your video.

Save On Labor Costs

Almost all professionals needed during production are paid per shift shooting your budget way up. There are interns and newcomers however that would love to work with you such as editors and designers to build their portfolio and experience. This is idyllic teamwork that would help you get more work done at a lesser period and cost. Nevertheless, you must have experienced professionals to give that quality production.

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Use a local video production crew to save on costs that you would incur for flying them in, paying for accommodation and other allowances.

Also Read: 6 Best Google Chrome Extensions for Digital Marketers

Save On Time

Considering everyone is paid per shift, to save on budget, you need to squeeze the maximum out of each day. Shoot several clips at a time then use the free video maker later to either split, trim or combine the videos into one.

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Save On Equipment Expenses

Want to shoot a video but on budgetary constraints? Do not worry you already carry around a video production studio. Your phone, depending on the quality can be used to shoot videos and edited later using the free video maker to add those effects that you would have to use to the camera to incorporate.

Rent equipment locally as well to save on costs from sound to cameras to lighting gear.

Post Production

This takes the longest time and work. Just like in the textile industry, you can harvest cotton in just a day but it will take weeks to come abreast with the final product; coats or trousers. The free video maker is your number one go-to at this stage. At the comfort of your house, use the features and tools provided to edit your video into the high-end final product you have always wanted such as with:

Special Effects

The free video maker lets you save on funds you would have otherwise spent on creating effects such as fires, gunshots, and earthquakes. All you need is your laptop or phone, ideas, WIFI or data, and the software to create these effects during editing.

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Color Correction

Edit the tone and texture of your video using the free video maker. You do not necessarily need a professional for that. Adjust sharpness and brightness to produce high-quality and clear video.

Final Thoughts On Free Video Maker

The market for media production, such as in film has been going through upheaval. This is because as technology advances, so do the costs. With proper planning and budgeting, however, it is possible to produce quality productions.  This, of course, is without necessarily going for loans or spending extravagantly. Do not give up on your dreams due to financial constraints, keep cost-cutting and trying until you reach your goals.

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Manvendra Chaudhary, with over 5 years of professional experience as CEO of Unique News and Megalent Marketing, shares insights on life, business, and health for your success.

Business

David Beckham, Soccer Legend, Sues Hollywood Star Mark Wahlberg for Allegedly Defrauding Him of $16.4 Million

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David Beckham, Soccer Legend, Sues Hollywood Star Mark Wahlberg for Allegedly Defrauding Him of $16.4 Million

Former deep friends and business associates, soccer legend David Beckham and Hollywood star Mark Wahlberg, are now crossing swords, with the former suing the latter over an £8.5 million ($16.4 million) dispute.

David Beckham Lawsuit Against Mark Wahlberg’s F45 Training Company

In his lawsuit, David Beckham alleges that Wahlberg’s F45 Training Company behaved fraudulently and misled during business transactions.

The lawsuit also names Wahlberg’s Mark Wahlberg Investment Group (MWIG), and F45’s founders, Adam Gilchrist and Rob Deutsch, as defendants.

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The legal battle between Beckham’s firm, DB Ventures Ltd, and Wahlberg’s F45 Training began in 2022 and was later joined by Australian golf entrepreneur Greg Norman. However, the Judge directed the two parties to present their cases separately. Both Beckham and Norman alleged in their filings that Wahlberg misled them into becoming brand ambassadors. Beckham also claimed in the filing that he lost over £8.5 million because he did not receive the promised shares just before their value plummeted.

Beckham’s company, DB Ventures Ltd, had signed a deal with F45 Training, a company in which Wahlberg has a 36% stake and also serves as the chief brand officer. Beckham’s association with Mark began when he moved to California to play for the L.A. Galaxy and became F45’s Global Ambassador. Beckham, who has millions of social media followers, immensely benefited F45 through this association. However, Beckham never received the $10 million he was promised, and subsequently, the company’s shares tanked.

Wahlberg has refuted all the allegations as baseless and called for the lawsuit to be dismissed. He added that Beckham’s company is blaming everyone but not examining its own actions. Relations between Wahlberg and Beckham were very cordial, and the two were neighbors when the former English footballer moved to Los Angeles in 2007, residing in the same Beverly Hills location. Beckham also promoted F45 on social media, including Instagram, but the posts have since been deleted.

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Beckham’s wife, Victoria Beckham, celebrated her 50th birthday on Saturday at a club called Oswald’s, along with her family, including her children Brooklyn, Romeo, Cruz, and Harper. The birthday party was also attended by her former Spice Girl bandmates Emma Bunton, Mel C, Mel B, and Geri Horner. The guest list also included Eva Longoria, Gordon Ramsay, and Tom Cruise.

Also Read: 4 Inspirational David Beckham Hairstyles That Every Fan Should Try At Least Once

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Net Worth

Rizwan Sajan Net Worth 2024: How Much is the Indian Businessman Worth?

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Rizwan Sajan Net Worth 2024: How Much is the Indian Businessman Worth?

Who is Rizwan Sajan?

Rizwan Sajan is a distinguished Indian entrepreneur renowned for his founding role in The Danube Group, a leading building materials company based in Dubai. Despite humble beginnings, Sajan’s journey exemplifies resilience, determination, and the transformative power of entrepreneurship.

Rizwan Sajan Career

Sajan’s career trajectory reflects a remarkable rise from modest origins to entrepreneurial success. Starting as a hardware store employee in Dubai during the early 1990s, he laid the groundwork for his future endeavors. His entrepreneurial spirit led him to establish The Danube Group in 1993, marking the beginning of his pioneering journey in the business world.

Rizwan Sajan Net Worth

As of 2024, Rizwan Sajan’s net worth stands at a staggering Rs 18,000+ crores. This substantial wealth places him among the elite echelons of business magnates globally, underscoring his exceptional achievements and contributions to the industry.

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Rizwan Sajan Age

Born on August 8, 1963, Rizwan Sajan is currently 60 years old, symbolizing a lifetime of dedication, perseverance, and entrepreneurial prowess.

Rizwan Sajan Family: Wife and Children

Sajan cherishes a strong familial bond with his wife, Sameera Sajan, and their son, Adel Sajan, who is married to Dr. Sana Sajan. Their close-knit family dynamic underscores the importance of love, unity, and support in Sajan’s personal and professional life.

Rizwan Sajan Height and Weight

Specific details regarding Rizwan Sajan’s height and weight are not widely available, emphasizing the focus on his accomplishments rather than superficial attributes.

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Also Read: Karl-Erivan Haub Net Worth 2024: How Much is the Former Managing Director of the Tengelmann Group Worth?

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Net Worth

Karl-Erivan Haub Net Worth 2024: How Much is the Former Managing Director of the Tengelmann Group Worth?

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Karl-Erivan Haub Net Worth 2024: How Much is the British musician and bassist Worth?

Who is Karl-Erivan Haub?

Karl-Erivan Haub, a prominent figure in the German retail industry, was born into the influential Haub family on September 29, 1932, in Wiesbaden, Germany. He was the son of Erich Haub and Elizabeth Haub (née Schmitz-Scholl), belonging to the esteemed Mülheim family Schmitz-Scholl, renowned founders of the Tengelmann grocery chain.

Karl-Erivan Haub Career

Haub’s career trajectory was marked by his dedication to the Tengelmann Group, one of Germany’s largest retail entities. After completing internships in the United States and obtaining a degree in economics from the University of Hamburg, Haub joined the family business in 1963. He ascended to the position of managing director in 1969, steering the company’s strategic direction towards retail trade expansion. Notable milestones include the acquisition of The Great Atlantic & Pacific Tea Company in 1979, which cemented Tengelmann’s international presence.

Karl-Erivan Haub Net Worth

At the time of his passing in March 2018, Karl-Erivan Haub left behind a significant net worth of $6.4 billion. However, recent developments have sparked intrigue, with reports surfacing of his alleged reappearance in Moscow after being declared legally dead in 2021. The circumstances surrounding his net worth remain uncertain amidst this perplexing saga.

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Karl-Erivan Haub Age

Born on September 29, 1932, Haub would have been 91 years old in 2024 if he had not been declared legally deceased in 2021.

Karl-Erivan Haub Family: Wife and Children

Haub was married to Helga Otto in 1958, and together they had three sons: Karl-Erivan, Georg, and Christian W.E. Haub. His dedication to family and philanthropy underscored his personal and professional endeavors, leaving a lasting legacy beyond the business realm.

Karl-Erivan Haub Height and Weight

Details regarding Karl-Erivan Haub’s height and weight are not readily available.

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Also Read: Amanda Kloots Net Worth 2024: How much is the TV personality and dancer Worth?

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