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VO-BB - 19 YEARS OLD! Where A.I. is a four-letter word.
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COURVO Even Taller Than He Seems On TV
Joined: 10 Feb 2006 Posts: 1569 Location: Vegas, Baby!
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Posted: Mon Oct 02, 2006 6:11 pm Post subject: Calculus Anyone? |
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'Came across THE most complicated word-count formula EVER in answering an audition the other day from Voices.
See it HERE
The client wanted a quote in base cost per word PLUS the discount factor. If you play around with the variables, you get different values...none of which are very encouraging.
Didn't see this in our archives anywhere, thought maybe some would find it interesting.
Courvo _________________ Dave Courvoisier - Las Vegas, NV
http://www.CourVO.com
CourVO@CourVO.com
Courvo's "Voice Acting in Vegas" Blog: http://www.CourVO.biz
on your phone at courvo.mobi
702.610.6288
"I'm not a news anchor, but I play one on TV." |
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Rick Gordon Contributor
Joined: 07 Feb 2006 Posts: 31 Location: Ottawa, Ontario, Canada
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Posted: Mon Oct 02, 2006 6:55 pm Post subject: |
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I hear you Dave.
Word Count is a wonderful tool that is surprisingly accurate but it is used only to calculate the time it takes to record, edit and produce. Using their method a 2000 word project at .13 per word would pay $254. At 160 wpm (words per minute which is normal) the completed project would be 2000/160=12.5 mins in length.
You would triple that time to edit and produce.....and that's if you are really good....at all the steps.
The fee they suggest is hardly close. Keeping in mind normal rates, a project like that should be worth a minimum of $400 not including studio and production. In other words that is the "talent" fee.
Here are normal corporate narration rates which will stand up to any Union (and this is scale) and really just makes good common sense.
Print this, post it, consider living by it.
Up to 10 minutes $350.
Up to 20 minutes $550.
Up to 30 minutes $750.
Up to 90 minutes $900.
+ Studio + Production
Here is something else you may want to save.
Word Count divided by 160 wpm = final production length in minutes.
Studio and production fees vary widly and then you have to consider the client. One time? Long term? Extremely high profile? You may want to include studio and production fees or reduce them. Thoughts?
At CV we constantly use this method of calculating projects. It is 100% acceptable and they come back for more. As a matter of fact we educate our clients on using this formula. Then they know what we know so we know they know and that knowingly they will not be surprised cause we all know what we know and if everybody knows what is going on...they will all come to the party Know what I mean?
Cheers,
Rick _________________ World - Class
Voice Artists
Get Hit and Get Heard
GUARANTEED! |
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Deirdre Czarina Emeritus
Joined: 10 Nov 2004 Posts: 13016 Location: East Jesus, Maine
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Posted: Mon Oct 02, 2006 7:34 pm Post subject: |
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People will argue with me about it, but another method of caluclation is per page.
It about equals what Rick has here.
12-point Times Type, double spaced, standard 1-inch margins.
Normal reading aloud is about 11 pages per hour.
For edited, ready-to-roll dry voice :
Sliding scale depending on the client.
Top dollar could be:
$150 per page for the first 3
$120 for the next 3
$ 90 for the rest.
It works out to about $100 per page on long-form stuff, but for shorter stuff you're not slicing your own throat by taking a smaller job.
Rick's per-word calculation saves you time in that word counts don't require you to re-block a script. Sometimes the per-page method is a good way to get a ballpark figure.
Rick also said in an ealier post:
Quote: |
Short answer on "by the word" pricing.
Narrations (dry read)
Word Count Fee (one file) Fee (multiple files)
1-2000 .30 .35
2000-4000 .25 .30
4000-10,000 .20 .25
10,000-40,000 .15 .20
40,000 + .10 .15
With a total word count you can simply divide by 150 and then you will get total minutes then divide by 60 mins and you will get total hours of finished production. Then multiply total hours by 3 and you will get a really close estimate of how much time this will take you to record and edit as well. |
_________________ DBCooperVO.com |
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bobsouer Frequent Flyer
Joined: 15 Jul 2006 Posts: 9882 Location: Pittsburgh, PA
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Posted: Tue Oct 03, 2006 10:58 am Post subject: |
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Rick and Deirdre,
These are very helpful posts. Thank you! _________________ Be well,
Bob Souer (just think of lemons)
The second nicest guy in voiceover.
+1-724-613-2749
ISDN, Source Connect, phone patch |
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Diane Maggipinto Spreading Snark Worldwide
Joined: 03 Mar 2006 Posts: 6679 Location: saul lay seetee youtee
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Posted: Tue Oct 03, 2006 11:03 am Post subject: |
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Quote: | These are very helpful posts. Thank you! |
I second that, am printing now....
Trying to get my arms around it all from one project to another, one medium and the next, many words and a few. I spent a good deal of time yesterday reading the VO-BB archives for enlightenment. Wow! Some great nuggets there, and this is just incredibly serendipitous! _________________ sitting at #8, though not as present as I'd like to be. Hello!
www.d3voiceworks.com |
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Joniv Contributor IV
Joined: 18 Jun 2006 Posts: 128 Location: Windsor, CT
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Posted: Thu Nov 02, 2006 11:09 am Post subject: |
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I've just been asked to quote for an audio book which is 57,500 words. Using the .10 per word method I'd be quoting them $5,750.
I figure that would be about 400 pages, so if I use the $100/per page method, I'd be quoting $4,000.
This is the longest job I've ever had to quote. Do either of these scenarios seem right? _________________ Joni Lambert
www.jonilambert.com |
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bobsouer Frequent Flyer
Joined: 15 Jul 2006 Posts: 9882 Location: Pittsburgh, PA
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Posted: Thu Nov 02, 2006 11:14 am Post subject: |
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Joniv wrote: | I've just been asked to quote for an audio book which is 57,500 words. Using the .10 per word method I'd be quoting them $5,750.
I figure that would be about 400 pages, so if I use the $100/per page method, I'd be quoting $4,000.
This is the longest job I've ever had to quote. Do either of these scenarios seem right? |
Joni,
In most cases, audiobooks are quoted on the basis of dollars per finished hour. So, an audiobook that's 10 hours long, quoted at $250 per finished hour would pay $2500.
However, I have done a similar sized audiobook (non-fiction, 67,000 words), quoted a flat rate and got the job. A lot will depend on what the publisher expects and what kind of budget they have.
I would think one of the most important factors for you is to quote a rate that's not so low that if you get the job, you'll be sorry you took it because it ends up being too much work for the money involved. _________________ Be well,
Bob Souer (just think of lemons)
The second nicest guy in voiceover.
+1-724-613-2749
ISDN, Source Connect, phone patch |
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Bruce Boardmeister
Joined: 06 Jun 2005 Posts: 7925 Location: Portland, OR
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Posted: Thu Nov 02, 2006 2:53 pm Post subject: |
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57,500 words. That works out to be 6 hours of finished material in my book and maybe a total of 24 hours of work to create the finished product. $5,750. That works out to about $240 an hour for your time. Hmmm. Might be a bit high, but Bob's figure of $1,500 (6hrs x $250/finished hour) sounds a bit low to me at $62 an hour for the full project. I hope this helps.
B _________________ VO-BB Member #31 Enlisted June, 2005
I'm not a Zoo, but over the years I've played one on radio/TV. . |
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bobsouer Frequent Flyer
Joined: 15 Jul 2006 Posts: 9882 Location: Pittsburgh, PA
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Posted: Thu Nov 02, 2006 3:44 pm Post subject: |
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Bruce wrote: | 57,500 words. That works out to be 6 hours of finished material in my book and maybe a total of 24 hours of work to create the finished product. $5,750. That works out to about $240 an hour for your time. Hmmm. Might be a bit high, but Bob's figure of $1,500 (6hrs x $250/finished hour) sounds a bit low to me at $62 an hour for the full project. I hope this helps.
B |
Bruce,
Thank you for pointing out my lack of clarity. I was NOT suggesting that as a specific rate...only offering an illustration.
Joni, to be more clear and specific, for a project of that size, were the job coming to me, I would bid somewhere around $4000.00 to $4500.00 if required to make a flat rate estimate. _________________ Be well,
Bob Souer (just think of lemons)
The second nicest guy in voiceover.
+1-724-613-2749
ISDN, Source Connect, phone patch |
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Joniv Contributor IV
Joined: 18 Jun 2006 Posts: 128 Location: Windsor, CT
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Posted: Thu Nov 02, 2006 4:28 pm Post subject: |
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Thanks, Bruce. That's what I figured and that's exactly what I did.
Thanks! _________________ Joni Lambert
www.jonilambert.com |
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