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Filmmakers should normalize announcing movie budgets – Peter Sedufia

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Filmmakers should normalize announcing movie budgets - Peter Sedufia
Filmmakers should normalize announcing movie budgets - Peter Sedufia

In a recently shared Instagram post, the ‘Keteke’ director wrote: “Hello fellow filmmakers…Can we NORMALISE announcing (making public) our movie budgets, and also, our box office gross revenues? It’ll be a step in the right and progressive direction.

“Been having conversations with couple of people with money in and outside the country (potential investors), and one comment runs through all conversations… “WE DON’T KNOW HOW MUCH YOUR INDUSTRY MAKES. WE NEED FIGURES FOR TRUST AND CONFIDENCE.”

“And oh, the conversation always ends with reference to Hollywood, Bollywood, Nollywood and the South African film industry, and how they easily access film funding because of public disclosures.”

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