For this project it is necessary to compare the real budget that we spent, to the theoretical budget. This theoretical budget would allow us to see how much it would have cost to make this product if we were in a professional practice, instead of just a university project. Because podcasts are not usually broadcast by radio stations, and are instead available on websites, where they can also be downloaded, usually for free, meaning that podcast makers often make their money through advertising. This is much different to our radio drama from semester 1, where in the real world we would be seeking a fee from someone such as the BBC, to help fund something that is much more expensive to make than a podcast. Our podcast series is good in this sense, because it doesn’t require any actors who may have to travel, it is simply interviewing local talent, and then doing the editing ourselves. This editing however, amongst other factors such as recording our own voices, would require a budget if it was made outside of University.

For this project we spent a total of £0, this is because the University provide us with Adobe packages, access to media loans and also edit suites. Below is a breakdown of how much we may have to spend if we wanted to move into this area in a more professional capacity.

Real Budget – £0

Theoretical Budget Per Podcast: £373.60

Fixed Costs For 1 Year  – £3816.81

Given that we were able to make 2 podcasts in 12 weeks at University, and probably could’ve made a third, it would be fair to say that we could probably make a podcast every 4 weeks, meaning that would make a total for 13 a year.

With the radio studio hire being £80 per podcast, the fixed costs can be divided by 13, and therefore be added to the studio hire price to create a theoretical budget.

Fixed Costs Per Podcast – £293.60

Recording Presenter Speech

Radio Studio Hire – £80 per podcast

Source: http://www.radiofacilities.com/voiceover-isdn-studio/

4 Microphones – £2,854

Source: http://www.gear4music.com/PA-DJ-and-Lighting/AKG-C414-XLS-ST-Condenser-Microphone-Stereo-Pair/TIK?origin=product-ads&campaign=PLA+Shop+-+GENERIC&adgroup=GENERIC&medium=vertical_search&network=google&merchant_id=1279443&product_id=38252d1&product_country=GB&product_partition_id=85060090039&gclid=Cj0KEQjwuOHHBRDmvsHs8PukyIQBEiQAlEMW0KwJ0JLhqOwu2Bs7NTQSJ_OYCJFU4k2Ewk-W7T7e30saAnK08P8HAQ

3 Microphone Stands – £37.20

Source: https://www.studiospares.com/Accessories/Stands-Mic/Studiospares-Mic-Stand–Telescopic-Boom_448000.htm?gclid=Cj0KEQjwuOHHBRDmvsHs8PukyIQBEiQAlEMW0CCaPEjRjybu-G0xIvc59vXad1xGDGD0sq-5fNoxnLgaAjY28P8HAQ

3 Headphones – £293.97

Source: http://www.inta-audio.com/monitoring-c109/beyerdynamic-dt100-400-ohm-grey-headphones-p5763/s5769?utm_source=google&utm_medium=cpc&utm_term=beyerdynamic-dt100-400-ohm-grey-headphones-421022&utm_campaign=product%2Blisting%2Bads&gclid=Cj0KEQjwuOHHBRDmvsHs8PukyIQBEiQAlEMW0OVWdPuDWZISdnJhQbmcXTd_HtrRW3CKLAX0a_–iaoaAg8Q8P8HAQ

Recording Interviews

Zoom Microphone – £152.22

Source: https://www.ebay.co.uk/p/?iid=291991571391&&&adgroupid=13585920426&rlsatarget=pla-142405564386&abcId=&adtype=pla&merchantid=6995734&poi=&googleloc=9041117&device=c&campaignid=207297426&crdt=0&chn=ps

Editing Podcasts

Apple Mac – £188.99

Source: https://secure.wowcher.co.uk/checkout/3246733?product_id=317017&quantity=1&pay_deposit=false

Adobe Audition Package – £241.43 per year

Source: https://commerce.adobe.com/anyware/checkout/?clientId=creative&countryCode=GB&languageCode=en&marketSegment=COM&items%5B0%5D%5BofferId%5D=DED423ADEFF4011001C559872592B8A4&returnUrl=https%3A%2F%2Fcreative.adobe.com%2Fen%2Fstarter%2Fcommon%3ForderId%3D%7B%7BorderId%7D%7D%26workflow%3D%7B%7Bworkflow%7D%7D&landscape=prod

Paperwork

Microsoft Word Package – £49

Source: https://getmsoffice.com/microsoft-office-2016-home-and-student-for-windows-1-pc-install.html?utm_source=google_shopping&m=virtual&gclid=Cj0KEQjwuOHHBRDmvsHs8PukyIQBEiQAlEMW0KsmnnhXQw9IMManmhXiuK22XWpiVukCHWeeLrQU2TsaAh8V8P8HAQ