Originally posted June 13 2016
Income and your art This week in class we went over some of the different methods of payment when working in a creative media. The two most common methods are either employed work for a studio [or company] and freelance work. There are also alternative options worth mentioning such as crowdfunding which I will elaborate on later. Employed Work There are many pros and cons for working for either a company or doing freelance work. Some of the benefits you could get while having employed work that you typically don’t have while freelancing, is being on a paid salary. “Working on a consistent paycheck means studio work is pretty much like being employed by any company. You work on an hourly rate on a specific, constant number of days a week. This results in being able to financially plan ahead which can be important in the current economic climate.” (Turnbull, 2011). You’ll always have people around you and have projects to work on. You might also have better work hours. But in return you may be stuck in a job that you don’t want to work or working on a job that limits what you can do with your creative abilities. You will also have strict deadlines to meet. (Desk, 2015) Freelance Work or Commission But on the other hand freelancing may give you more creative freedom, over working in a studio. While working with clients, you can take as long as you need to do the work by setting your own deadlines. Though this may mean that you need to work more even more hours to get the piece of work to the utmost highest standard. You could also be working with clients that are across the world. This means you could be up to ungodly hours in the morning to communicate with the clients, via phone call or any other method. “Freelancers may find themselves working more on the business side of things. Corporate logo animation, medical animation, product mock-ups and simulations, engineering design…the list goes on, and in some cases can span full-time in-house positions rather than contract jobs.” (Sanders, 2016) (Cruickshank, 2011) Crowdfunding “Crowdfunding is a method of raising capital through the collective effort of friends, family, customers, and individual investors.” (Fundable LLC, 2016). Some perks of crowdfunding is that it’s a way for people to invest in and give money to like minded people. It also allows the people who are behind it to have freedom over their project, not tied down by clients or a boss. There may be some disadvantages to this method. Some problems that are common is the developer doesn’t deliver what was promised. Either because the project was too ambitious or there may be some internal conflict between the people making the product. Some successful examples crowdfunding may include the movie LazerTeam “A crowdfunding campaign for Rooster Teeth’s “Lazer Team” sci-fi comedy movie has raised a record $2.48 million from 37,497 funders in a month on the Indiegogo site.” (McNary, 2014). Another example is the WWII first person shooter which is still in development, Battalion 1944. Battalion 1944 has raised £317,281 so far out of the initial goal of £100,000. It is set to release in May 2017. https://www.kickstarter.com/projects/bulkheadinteractive/battalion-1944-pc-xb1-ps4 References Turnbull, C. (2011, May 26). Freelance Gigs vs. Studio jobs: Which One works best for you? Retrieved June 13, 2016, from http://webdesign.tutsplus.com/articles/freelance-gigs-vs-studio-jobs-which-one-works-best-for-you–webdesign-3021 Desk, N. (2015, September 22). Portfolio entertainment opens animation studio in Toronto, Canada – the graphic slate | cutting edge content on the go. Retrieved June 13, 2016, from Animation, http://www.thegraphicslate.com/animation/studios/portfolio-entertainment-opens-animation-studio-in-toronto-canada/2015/09 Sanders, A.-L. (2016). Which is better: Working for an animation studio, or freelancing? Retrieved June 13, 2016, from Tech, http://animation.about.com/od/faqs/f/Which-Is-Better-Working-For-An-Animation-Studio-Or-Freelancing.htm Cruickshank, B. (2011, April 1). 5 solid strategies to keep freelance work rolling in. Retrieved June 13, 2016, from Freelancing, http://millo.co/keep-freelance-work-rolling-i McNary, D. (2014, July 7). Rooster teeth’s “Lazer team” movie raises $2.48 Million in Crowdfunding. Retrieved June 13, 2016, from http://variety.com/2014/film/news/rooster-teeths-lazer-team-movie-raises-2-48-million-in-crowdfunding-1201258661/ 2016, F. L. (2014, January 19). What is Crowdfunding? Clear, simple answer here. Retrieved June 13, 2016, from Crowdfunding Guide, https://www.fundable.com/learn/resources/guides/crowdfunding-guide/what-is-crowdfunding
0 Comments
Leave a Reply. |