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James Mathers (Digital Cinema Society): RED Epic for Sale? Interesting article.

Matt Ryan

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Interesting read in the DCS Newsletter. Anyone else experience this? I'm not an owner (due to financial reasons), but understand where he's coming from.


"RED Epic for Sale?

By James Mathers, Cinematographer and President of DCS

That’s right, after being a very early adopter and loyal customer of the RED Digital Cinema Company, I’m seriously considering selling my personally owned Epic Camera. Although there were the occasional hiccups with the cameras, and growing pains at the company, I had a good run with RED. In the course of seven years since I first received RED One serial number 30, I have completed principal photography on six features, two series, 2nd unit on another four network series, and also did additional and 2nd Unit photography on several features, even one major feature that was otherwise acquired on Film.

This was all in addition to the countless documentary, commercial, and corporate assignments, even some where the RED really wasn’t the best choice to shoot on, but for which I chose to make it work. For example, the last time I used the Epic it was for a corporate shoot with very quick turnaround where the client wanted to walk away with HD ProRes 4:4:4 by the end of wrap. A number of fine cameras could have accomplished this, but I needed to hire at my expense a RED Rocket accelerated on-set transcoding solution and a DIT/Colorist in order to stay competitive and keep the job. It ended up looking great, and everyone was happy, but as a businessman, I need to be aware of how these accommodations impact my bottom line.

I don’t usually push the RED cameras, and if a client wants to shoot with a different brand, I’m all for it, but it doesn’t happen all that often. Instead, for better or worse, I have become branded as a “RED Guy”, and when new people come calling they are already thinking about shooting RED. I suppose my connection to this camera in the minds of some Producers helped me to get a few small jobs, but I know for sure it has also knocked me out of contention for at least one network series. In that case, a Producer friend put me up for what turned out to be a very successful and long running show. He only told me later that the studio was dead set against using RED cameras, and assuming I would push for it, knocked me out of contention. I only wish they would have checked with me first, because I would have happily shot on whatever cameras they liked. I never wanted to be tied to any one type of capture medium, and still don’t.

This whole notion of hiring a Cinematographer based on the camera they might have access to or the idea that a Producer will have chosen a camera or format before they even hire a DP is so wrong, but that is a separate rant for another essay. Right now I just want to give my perspective as an Owner/Operator of one of the more popular Digital Cinema cameras, and why I am pondering if I should put it up for sale.

Although a lot of people may have assumed otherwise, RED, much to my chagrin, has never been a supporter of DCS, or done me any personal favors. Even my status as such an early adopter doesn’t count for much; I pay list price and wait in line like everyone else. I did have many friends and long time DCS members who worked for the company. I’ve known people like Ted Schilowitz, Stuart English, and Deanan DaSilva, way before there was a company called RED. They’ve all since moved on, but to be clear, that is not why I’m thinking about migrating away from RED camera ownership. It is rather all about my personal situation and general business economics.

RED Epic Owners were all led to believe at last year’s NAB that the upgrade for their cameras to the new Dragon sensor was eminent. In our streaming coverage from the RED booth, (still available to view on the DCS site), we were shown a whole clean-room assembly line which we were told was busy installing and doing QC on the new sensors. Well, I don’t know what to attribute the delay to, but I’m still in line waiting for mine to be installed. In fact, one of my Co-owned Epics has been parked at RED for several months. It had been experiencing issues that would require a very costly board swap, but one that would be done anyway as part of the Dragon update. Since it is a model “M”, the first generation of Epic, and the upgrade was ordered during NAB last year, we assumed it would be high on the list and decided to wait....Still waiting.

Who knows when my later generation Epic X, (the one I’m thinking about selling), will be called up for upgrade. I’ve been trying to keep the necessary funds on hand for a year now, roughly $25K for the upgrade when you add up the cost of the sensor, the new higher speed Mini SSD package, and new RED Rocket-X that I would need to have the most current technology. I would then be ready to shoot 6K except that many of my large assortment of high-end cinema lenses don’t cover the larger sensor area. Any wonder I’m having second thoughts?

It is also that I want to be free to work with different formats, and even different areas of the Entertainment Industry without worry that my RED camera package is just sitting in my equipment lockup losing value. I’ve resisted making it a rental camera, never knowing how it was last used, or if it had been exposed to some hidden damage on a previous outing, such as salt water. Without proper personnel to check the gear in and out, it’s hard for one Cinematographer to keep any certain type of gear busy enough to amortize the investment, and if you can’t get a good return on your equipment ownership, you should think twice about keeping that investment.

When I first got started owning motion picture cameras, it was 35mm, back in the day when there was really only one brand of camera suitable for feature film production, and that was Arriflex. Sure, Panavision was a major player, but only for rental, and I had decided to buy. Being an Owner/Operator of a high-end sync sound 35mm camera package was a niche market back then, and of the few other DPs who owned such cameras, most specialized in commercials rather than Indie Features, which is where my interests lay. At that time, these cameras cost more than my house, but I somehow managed to put together the financing to buy a couple of used ARRIs.

Having this package was certainly no guarantee of work, and there was still a major hurdle to overcome. With the cost of raw stock, processing, and printing at stake, no Producer in their right mind was going to take a chance to hire an inexperienced DP to shoot their movie. And even if you could find someone to take a chance on you, there was no way to get the all important Completion Bond company to sign off on a newbie. I got around this one by taking the ennoble job of helping to finish movies that had been taken over by the bonding company. It wasn’t glorious work trying to make sense of someone else’s unfinished mess, but it gave me a lot of practical experience, (sometimes of what not to do), which would have been hard to come by any other way. It also had the added bonus that when I was ready to shoot my first feature, I was a known quantity to these bonding companies.

That was the 1980’s, but oh how things have changed, and RED had a significant impact on that change. Today the cost of entry to own gear capable of shooting a movie has dropped drastically which has allowed many thousands of proud new camera owners to enter the market. Since there is no better way to learn than by doing, I can see why an aspiring Cinematographer would invest in a camera. Especially now that you don’t have to spend a fortune to get a capable camera or invest much in stock. It’s pretty easy these days to just go out and shoot, and shoot, and shoot. You might even score a few shots that could be sold as Stock Footage. Better yet, offer your services to other emerging Filmmakers and get some narrative projects under your belt.

While these kind of no-budget productions are not the kind I aspire to shoot, the truth is that with so many cameras out there, and so many folks willing to give them away, it starts to make it hard for someone like me to get a fair rental price for their gear. Higher level productions where a Cinematographer’s decisions are honored by giving him or her the desired tool set are getting to be few and far between. For the many more motion picture projects that fall below that threshold, there is just too much competition. I love to shoot movies, but I bought my gear as an investment, and I’m not about to give it away just for the privilege of serving as someone’s DP.

There are so many great choices of Digital Cinema cameras today, and some are better suited to various applications. I look forward to being hired for my filmmaking abilities, then collaboratively with the other creatives, coming up with the best camera for the project. This rat race to own the latest and greatest is getting tiring, and not making as much economic sense as it used to. So, perhaps it’s time to put the RED Epic up for sale, and when I need one, I can rent. If you’re looking to buy one, let’s talk.

###

All comments are welcome; (and if you want to make me an offer...). As usual, please write or leave a comment on our DCS Facebook page: http://www.facebook.com/DigitalCinemaSociety "
 
Im at the other end of the spectrum.

Due to EPIC cameras and understanding them along with owning them.

I have become a Producer a DP and Director for TV shows and Features, its been a blessing.
I have owned Panasonics, Sonys, and ran an Ikegami for years they did well for me but theres no contest not by a long shot.

What RED cameras have done for me, my friends, my colleges, my quality of work, my life and family, my dreams, my goals and my artistic outlet.
It can't be explained it can only be lived.
Im pretty thankful.
Ya ya its hard this is not exactly easy by any stretch, but the opportunities it presents are untouchable.



Best of luck to him he seems loyal and level headed i really hope he finds what he needs.
 
Asks yourself if your primary business is 'DOP services' or 'camera rentals'.

If it's DOP services, then specializing in one camera would be limiting to possible clients. Owning one camera would brand you (as it looks like it has). Why not own an Alexa as well as a F55? If you can't offer them the full choices (and experience as an owner operator) then I don't think you should own any camera. Rent what you need based on the shoots. Technology is changing rapidly and only now matching the broadcasting world's pace. Film industry is undergoing a revolution right now.

Owning a camera gives you lots of flexibility but if you can't offer the same flexibility with a variety of brands, then you've got to either specialize your offering (being a Red guy) or promote hard the DOP service and your diverse skill set of using multiple brands and models. May not be as flexible to simply go shoot but it will clear up the notion that you're a one camera shooter.

Anyhow, don't expect Red to do more. Remember, they aren't as big as say Sony or Canon (with income coming from other products and industries). They can only move so quickly with limited resources. I'm sure they rather not have delays either. Last thing any of us need are recalls and major unresolved issues because they sped up the process and testing.

Overall, markets are getting flooded. Rentals can't last forever and like many say, it might be better to own high end lenses then camera gear...or computer gear for that matter.
 
Asks yourself if your primary business is 'DOP services' or 'camera rentals'.

If it's DOP services, then specializing in one camera would be limiting to possible clients. Owning one camera would brand you (as it looks like it has). Why not own an Alexa as well as a F55? If you can't offer them the full choices (and experience as an owner operator) then I don't think you should own any camera. Rent what you need based on the shoots. Technology is changing rapidly and only now matching the broadcasting world's pace. Film industry is undergoing a revolution right now.

Owning a camera gives you lots of flexibility but if you can't offer the same flexibility with a variety of brands, then you've got to either specialize your offering (being a Red guy) or promote hard the DOP service and your diverse skill set of using multiple brands and models. May not be as flexible to simply go shoot but it will clear up the notion that you're a one camera shooter.

Anyhow, don't expect Red to do more. Remember, they aren't as big as say Sony or Canon (with income coming from other products and industries). They can only move so quickly with limited resources. I'm sure they rather not have delays either. Last thing any of us need are recalls and major unresolved issues because they sped up the process and testing.

Overall, markets are getting flooded. Rentals can't last forever and like many say, it might be better to own high end lenses then camera gear...or computer gear for that matter.

In direct response most jobs these days hire a DP not only because of his work but because he owns a specific camera. Sad, but very true... I'm sure other DP's will back me up on that one. I lose out on a lot of jobs because I do not own a camera...
 
James Mathers seems to have gotten to the end of his patience.

RED has botched the Dragon roll out so badly.
 
I agree with my namesake's appraisal of his situation. I found myself thinking the same way a couple of years ago.

I'm sure that you, James, will find it liberating (as I did) to decouple (thank you Gwenneth) my working identity from a brand. It freed my mind and changed the outward perception of me from being an apparent lobbyist for a camera company rather than an impartial cameraman - an identity I prefer. We are, after all, in the business of making pictures not selling cameras.
 
The market is tricky and competitive these days. However, I find there are distinct advantages to owning your own gear. Time saving and cost saving advantages.

One thing I can say is if James has owned his gear for a bit and has clearly been busy working he's had time for a decent ROI, which is more or less something I feel is being overlooked here. He may have "paid off" his Epic and at this point it might be wiser to hold onto his package and upgrade in the near-ish future if that's desired.

My opinion is obviously a bit biased as I "need" a camera that shoots 4K+ at my disposal and I shoot a variety of content. For me there's only a couple of true options out there and Red lines up with exactly what I'm trying to do with my personal and professional work. If I was primarily a DoP on a series or shooting one or two features a year I may have a different opinion about owning my own gear as there's a lot of things that go into a production choosing a camera system that sometimes are outside of my control. In that way, I still need to know and understand various cameras from other manufacturers as they are released and I do my best to stay on the bleeding edge when possible. More or less because people I often work with need educated and often detailed information on how to get the best from a camera system.

If I was in James' shoes I would hold on a bit. That Epic is likely paid off and he's a $10K upgrade and a moderate wait away from being able to upgrade to a significantly improved system with Dragon.

To each their own. I have put a lot on the line and owning gear is part of my business plan. I'm not somebody who rents out my gear without myself. People hire me for my eye, creative, and technical abilities. I get paid to shoot and I get paid for the gear I shoot with. That's the short of it from my POV. That's not going to line up with everybody's experience. I also do work outside of the confines of production via pre-production and post production as well as other weird things. Again though, that's not the path for most.
 
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The market is tricky and competitive these days. However, I find there are distinct advantages to owning your own gear. Time saving and cost saving advantages.

That is true but who has been reaping the lion's share of the cost savings?

The most likely reason I believe for the shift from hiring a DP for his ability to choosing a DP based upon his camera happened because so many were giving the camera away in order to get the job. The pressure to capture that ROI has had a profound effect on the marketplace.
 
That is true but who has been reaping the lion's share of the cost savings?

The most likely reason I believe for the shift from hiring a DP for his ability to choosing a DP based upon his camera happened because so many were giving the camera away in order to get the job. The pressure to capture that ROI has had a profound effect on the marketplace.


I firmly believe that DPs should be hired by ability and the camera selection should be more in line with the projects scale, scope, and budget.

Personally though, I have turned down all 1080p work in the last few years as my target market is the 4K+ world. Turning down work sucks, but sometimes it just doesn't make sense. Several of my friends have benefited from that though. Some here on Reduser.

The only person I give a really, really good deal on camera rental is myself. It's more or less common to wheel and deal depending on length and budget of production. However, I had a difficult time recently turning down extremely close friends shooting a short film because it just didn't make sense for me. I can't take several weeks out of my time to work for free. Nobody should do that in reality. If I'm doing that I can go out and shoot something else or "do" something else for a reasonable return on my time and effort. There's plenty of hungry DPs out there fighting for work, but giving the gear away hurts a lot of people and eventually it will hurt those that do it as well.

The flip side of all of this is there's no chance in hell I'd never own a personal camera. I have too many projects that fall outside of the common realms of production that I desire to shoot and perhaps develop into profitable forms. Some of this has happened in the last 3 years and I hope to continue to charge into the darkness to see exactly where that can lead.

That's a tricky conversational point right there. Some are in this for the business. Some are in this for the art. Some are in it for both. As long as I've been working in production and general image making (all mediums) it has been rocky water. There's never been a point in the last 15 years that I've been comfortable with any aspect of what's going on around me. This is both exciting and terrifying from a business perspective. However, it keeps me on my toes and I do make very deliberate thought out moves. Sometimes though, those moves lead to weird crazy places. Live and learn.

I'm fortunate. I do indeed have my Dragon in hand. Been testing it hard prior to and just after launch. Been shooting a variety of things on it once it was in my hands and I've never been more happy with my investment in this company honestly. This is not "easy stuff" for Red to make a bazillion of and ship out like pizzas. The QC and manufacturing is difficult. The technology is currently really only competing with one other camera out there in my mind and at a far lower price point. And that camera I wouldn't own if somebody sold it to me for a steal because it's a pain for me to shoot with and work with. Not to mention various other issues with it.

So that leads me back to Red who is making the cameras I want to use and that I use to make a living because I make a living with the images I shoot.

I'll add one other thing here. Dragon more or less lines up with many of my "things" that I desire out of a camera in terms of resolution, color, format size, and general performance. That is very important to me as a DP and I feel it's important from the perspective of making motion pictures as well. For instance, if you gave me an 8K tiny sensor in a handheld camera, while certainly interesting and likely a technological achievement, it lacks the larger format sizes I desire to shoot in and many prefer as well.
 
You Phil are a responsible steward of the industry. Too many owner operators are not. They were either unaware, uninterested or unprepared for that responsibility when they started offering cameras with their services, but as professional owner operators we do share that responsibility.

Most of us are at a disadvantage from the start. When a rental house gives a discount on the camera portion of a package they are in a far better position to spread that cost around than the average owner/op and frankly they are for the most part simply better at those negotiations than we are.

###=edit
 
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If I was in James' shoes I would hold on a bit. That Epic is likely paid off and he's a $10K upgrade and a moderate wait away from being able to upgrade to a significantly improved system with Dragon.

I think that's part of his point. He's waited a year (as have we all) with red saying "soon, soon you will have the golden camera" and just doesn't believe Red any longer.
 
interesting who's heads popped up in defense of RED as they have been chosen Dragon recipients, and in 2007 where nowhere to be found. Its the same as its always been...inner family gets served first, and sell the expensive stock on the shelves for as long as you can, till your clients are emotionally busting out at the seams. Then roll out to the plebian masses...oh well get used to it or get Alexa, or Sony. or Panasonic, or Glass.....
 
In direct response most jobs these days hire a DP not only because of his work but because he owns a specific camera. Sad, but very true... I'm sure other DP's will back me up on that one. I lose out on a lot of jobs because I do not own a camera...

Matt, I find this to be the case too... and honestly it's nothing new! Back in the "beta" days of ENG... some liked Sony, some liked Ikegami. One got gigs because of the camera they owned. Then it was 'which model' too! So you needed to have the best of what ever it was.

Today I find it's even worse! There are so many choices... you can't own EVERY 'good' camera out there! It's just too expensive! I've said now for two years... "Most of you (my clients) just want 1080 footage (be it XDCam/MXF, Pro Res, DNx, P2/MXF, etc.) on a hard drive, even if YOUR camera of choice has designated media (like XDcam, for example). If this is the case, and it is, why can't I just CHOSE to use the camera I want? I don't understand why I'm mandated to use one system over another... if all you want is specific formats at specific resolution." (I understand the client argument if it's multi-camera productions, because they want all to be the same.... but for single camera projects?)

That's been my argument for a while. I've found, if I'm WILLING to 'transcode' on my own time, clients will allow me to shoot Epic, so long as the final product is XDcam or P2 or whatever. I have to take the footage and 'make' it their format of choice. I've done so because I think the Epic LOOKS so much better than other cameras. It makes me and my skills look better too.

I'm sincerely hopeful that the production business is getting closer and closer to that end, where the DoP/Cinematographer is free to use the tool of choice and just provide footage as requested. I'm quite sure Michelangelo wasn't told "you must use sable brushes as you paint the ceiling of the Sistine Chapel! " (but maybe I'm wrong.... maybe it goes back THAT far!)
 
Phil - I just copied your post and pasted into a document on my desktop so I could keep it close at hand. Most of my indie work in the last few years has been "friends" and friends of friends, all wanting stuff for, essentially, free. It has been tough of late as I have been saying "NO" and haver to retrain folks to expect to have to pay. I continue to admire what you are doing all around.

:thumbsup:
 
So much stuff happens behind the scenes that customers are not privy too. Staff changes, tech changes, roadmaps change, etc.. RED is definitely not like any other camera company and yes insiders do get preferential treatment, but they are also guinea pigs. Some will argue that the cameras are in constant beta mode, and this may be true, but it's nothing like the early days. As the 4K+ wave gains rapid momentum, perhaps RED will have to rethink their business model or corporate culture. I'm interested to see what RED has in store in a few days.
 
We own three Epics but we have never looked at cameras as the core of our business. In a typical feature film/TV show package, cameras make up 20% of the price at best. We decided to invest heavily in glass and support and it was the best decision we could have made. We own the complete Angenieux line of zooms twice, Leica Summilux-C primes, Arri follow focus and matteboxes, O'Connor heads, Prestons FI+Z, etc... We can put those on a shoot with any camera and make the other 80% of the budget.

We own Epics because we like the cameras, the company philosophy, the right price, and the way they changed the business. Yes, we are often frustrated about the way they do things but that is outweighed by the benefits.
 
the last few years has been "friends" and friends of friends, all wanting stuff for, essentially, free. It has been tough of late as I have been saying "NO" and haver to retrain folks to expect to have to pay.
:thumbsup:

If friends were asking for freebies the answer would be a negative.

That's not to say we don't do non paying work. We are finishing up another pilot. Of the last 10 pilots we got paid twice. Its good to get attached to a project but when a broadcaster commissions a series the budget HAS to pay for the unsuccessful pilots.
 
I suspect that in the next 2-3 years that all of the top teir cameras will be so good that they will be basically indistinguishable. Perhaps the whole "which camera to shoot" delima will be moot? When that happens it won't matter which camera you own, but you better own one IMO.

Dragons are slow but you have to think that things will speed up soon. From what I've seen so far, it's going to be really hard to improve on Dragon much. I suspect that ten years from now the new latest and greatest will only be marginally better than the Dragon and the next generation of Sonys and Alexas that will be coming out in the next year or two. The same thing has already happened with DSLR's. They used to improve dramatically from one generation to another. Now not so much.

Who knows, but that's my best guess.
 
I suspect that in the next 2-3 years that all of the top teir cameras will be so good that they will be basically indistinguishable. Perhaps the whole "which camera to shoot" delima will be moot?

The high end camera gap as you correctly say, will get smaller but I ALSO think the cheaper cameras will not be far behind. Therefore I see some big downward price changes for RED and I don't think it will take 2-3 years.
 
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