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The Competition

We’ve found some interesting information that has some indirect relevance to HBO’s Game of Thrones, concerning Starz’s Camelot. This Arthurian drama which may well be called a direct competitor to Game of Thrones, and may have been so even when both were just ideas floating around the networks. As we’ve speculated in the past, Camelot may have been the Arthurian project that was being considered by HBO as an alternative to Game of Thrones at the time when Chris Albrecht still ran the Warner Brothers subsidiary, and if so it doesn’t seem like much of a coincidence that it ended up with Starz now that Albrecht runs that cable company.

In any case, back in July the Wall Street Journal reported that the per episode budget was around $7 million, an extraordinary sum more than half again the speculated budget for Game of Thrones: So extraordinary, in fact, that we cast doubts on it in our report. As it happens, we were right to. In a press conference at the end of August, executive producer Morgan O’Sullivan apparently confirmed that the budget was 34.7 million Euros. This comes out to about $46 million for the 10 episode series, which is exactly the same as what we believe Game of Thrones to be at.

The $7 million per episode budget may have been nothing but hype ... or it may be a hint of the fact that the purchasing power of Starz’s money in Ireland means the show has a budget equivalent to $7 million compared to a similar show filmed in the United States. The interesting thing, of course, is that the Irish and Northern Irish tax incentives and other advantages for film and television productions are pretty similar. That would then fit our own speculation that Game of Thrones stands nearer a $6.5-$7 million per episode budget when compared to a similar production in the U.S., when these incentives and other benefits are factored in.

One last thing for Game of Thrones fans. Executive Producer Morgan O’Sullivan had this to say about the future of Camelot, and the words certainly apply to HBO’s epic fantasy drama:

‘I’m expecting that we will run for five years,’ O’Sullivan told the press this week. ‘We’ve an order for one season - for ten hour-long episodes - from the Starz cable television network in the US but, generally speaking, companies don’t invest in something like this for a single season. To get a proper return on your investment, you need to be thinking in terms of a longer run. We have mapped out a story that will carry “Camelot” through four or five seasons,’ he added.”
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