Creative agency glossaryFinance and Billing

Music Video Budget

A music video budget is the money set aside to make a video and the line-by-line plan for spending it, from the first shoot day to the last deliverable.

What is a music video budget?

A music video budget answers two questions: how much there is, and where it will go. The first number usually comes from the artist, the manager or the label, and it sets the scale of what is possible. The second is the producer's breakdown, which turns that number into a plan: days, people, places and the hours in post that finish the film.

There is no standard price for a music video, because there is no standard music video. A performance in a rehearsal room with a small crew and a three-location narrative with cast, sets and effects are both music videos, and they cost very different amounts. What every budget shares is the same set of lines. The treatment decides how big each one gets. Where money is tight, the same lines simply shrink: a smaller crew, a borrowed location, friends as cast, the artist's own wardrobe.

Why it matters

Why a music video budget matters

The budget is where the idea meets reality. A treatment can promise anything; the budget shows whether it can be made. Agreed early, it lets the director design the video for the money available, which nearly always produces a better film than a big idea squeezed into a small number in the week of the shoot. A tight budget pushes a director toward one location, one strong image and a small crew, and some of the best videos come from exactly that pressure.

It also protects the parts of the video people forget. Overspending tends to happen on the day, when one more setup or one more hour feels essential, and the cost comes out of the edit, the grade or the deliverables. A clear budget keeps post-production funded, so the video that was shot is the video that gets finished.

In practice

How a music video budget works in practice

  1. 01

    The producer builds the budget from the treatment, line by line. Shoot days come first, because nearly everything else multiplies by them: crew (director, director of photography, camera and lighting team, sound if anything is recorded live, hair, makeup and wardrobe), camera and lighting packages, and catering. Then the places: locations and permits, or a studio with its build and strike. Then the people in front of the camera: cast, dancers, extras and a choreographer if the video needs one.

  2. 02

    The rest is art department and post. Sets, props and wardrobe are budgeted from the art direction. Travel and accommodation are added if the shoot leaves town. Post-production covers the edit, the color grade, any visual effects or animation, and the rollout deliverables: cutdowns, vertical versions, Canvas loops and stills. Fees for the director and the production sit alongside, with a contingency at the bottom for the day the weather turns.

At RIOT

Music video budgets at RIOT

Constraint is a brief too. "Hold On To Your Heart", the last video in the album campaign for The Xcerts, was shot in a single day with a three-person crew; rain drove the crew into a Brighton greasy spoon cafe, then the skies cleared to blue over Brighton Beach. In lockdown, for "Summertime Low", we sent Old Sea Brigade and Luke Sital-Singh cameras to film themselves at home, and "Amaranth Moonlight" was self-filmed on vintage cameras. All three are part of our music video production work.

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Watch out

What people get wrong about music video budgets

Spending it all on the day. The shoot is the most visible cost, but a video that runs out of money before the grade looks unfinished however good the footage is. The second mistake is hiding the number. An artist or label that will not share a range gets a treatment designed for a different budget, and a week is lost redesigning it. The third is assuming low budget means low quality. One location, one strong idea and a small, experienced crew often beat a sprawling plan that cannot afford to do any of its parts properly. The fourth is forgetting the deliverables. Cutdowns, vertical versions and Canvas loops take editing time, and a budget that ends at the main cut leaves the rollout unfunded.

Questions

People also ask

How much does a music video cost?

It depends on what is in the treatment: the number of shoot days, the size of the crew, the locations, the cast, the art department and the post. A single-location performance with a small crew sits at one end; a multi-day narrative with sets and effects sits at the other. Share your range with a director or producer and ask what it can do well.

What is the average music video budget?

There is no useful average, because the range is so wide that the middle describes almost no real video. A better question is what the budget is for: the idea, the platforms and the deliverables decide what a fair number looks like.

How do you make a low-budget music video look good?

Choose one strong idea and one great location, keep the crew small and experienced, and protect the money for the edit and the grade. Shoot what the camera does well in the light you have, and plan the vertical cuts on the day so the rollout does not need a second shoot.

What is included in a music video budget?

Pre-production, crew, camera and lighting, locations or a studio, cast, art department and wardrobe, travel, post-production (edit, color and effects), deliverables, fees and a contingency. A good producer shows every line, so the artist can see where the money goes.

Next to it in the glossary

  1. Managerial AccountingManagerial accounting is the internal use of financial information, in whatever form helps, to budget, forecast, price and control costs inside a business.
  2. MarginMargin is the difference between what a business earns on its work and what that work costs, expressed as a percentage of revenue.
  3. Monthly RetainerA monthly retainer is a fixed fee paid each month for ongoing access to an agency's time and expertise, instead of pricing each piece of work on its own.
  4. Net ProfitNet profit is what remains of a business's revenue after every cost has been paid, including overhead, interest and tax, and the truest measure of whether it is working.
  5. On RetainerOn retainer means a client pays an agency a fixed fee each month for ongoing access to its people and its time, instead of commissioning each piece of work as a separate project.
  6. OverheadOverhead is every cost of running a business that is not tied to a specific project: rent, software, admin, insurance and the hours nobody can bill.

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RIOT is a creative agency and production studio in New York. Strategy, brand, film, photography, design and the campaigns that carry them, made by one team. A few lines is enough to start: we read every brief the same day.

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