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Change to Plan Budgeting According to Development of the Environment of Performing Arts in Korea

공연여건 성장에 따른 예산계획의 변화모색

  • 정달영 (동국대학교 영상대학원 공연예술학과)
  • Received : 2014.07.17
  • Accepted : 2014.09.15
  • Published : 2014.11.28

Abstract

It is a time to change the investment system for performances of co-producing according to development of the environment of performing arts in Korea. If we keep producing performances through the conventional method of the investment, we soon fall behind because production costs will increase by extension of the performance period. Investment companies generally require to the production company the investment principal guarantee as a condition for a investment. Producing companies have been producing performance with only ticket revenue and money of investment companies without their own money. Those two unreasonable things have raised a risk. So first of all, it is necessary to account marginal cost instead of average cost to decide more exactly open-running of performance. Second, it is necessary to change total cost as an investment parameter to production cost to avoid the unreasonable demands, such as a principal guarantee to production company. Therefore, we have to accept the budget planning of the United States to account the marginal cost and the production cost.

Keywords

Budget Planning;Marginal Cost;Investment Parameter;Operating Cost;Production Cost

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