The video editing industry is experiencing rapid growth, and plenty of opportunities exist to make money. But it’s important to ask yourself, “is video editing a good career in 2023?” In this article, we’ll explore the average salary for video editors, the demand for them, and how easy it is to get started in the industry. Hopefully, by the end of this post, you’ll better understand whether video editing is a smart career choice for you.
Is Video Editing a Good Career?
Video editing is an incredibly in-demand profession right now, and it will only get more popular as the years go by. By 2023, online videos are expected to make up 82% of all consumer internet traffic – that’s huge!
This has lead to plenty of businesses wanting to use video as part of their marketing strategy, creating lots of opportunities for those who know how to edit video.
If you’re considering getting into video editing, it pays to invest some time in honing your skills and becoming familiar with the latest software available. With enough hard work and dedication, success in this exciting industry could be yours!
One factor making video editing so attractive is the prevalence of social media outlets. With platforms such as YouTube, Instagram and Facebook, people want to ensure they’re creating engaging video content – so the demand is there.
Another major draw is that it’s a relatively inexpensive way of entering the film industry. Unlike many other roles in this field, you don’t need expensive equipment or years of experience – just a computer and some editing software will do!
All this makes video editing an attractive prospect for those looking to break into the business.
There are plenty of reasons why video editing has become so popular these days. The growth of social media has created massive demand for online videos, encouraging businesses and individuals to create more content than ever before.
What’s more, the field is relatively accessible and affordable, meaning it’s a great way to break into the film industry without too much of an initial investment. With some hard work and dedication, success in this exciting field could be yours!
What do video editors do?
Video editing is an art and science that involves taking footage and arranging it to form a compelling narrative. Editors must combine technical expertise with creativity in order to create interesting, entertaining, and visually appealing content.
Over time, professionals are trained to use a variety of video editing software, like hitfilm, to not only manipulate shots but understand the various editing techniques and special effects that can elevate the cinematic experience of a video.
This profession covers many projects such as film, television, animation, broadcast productions, advertisements and social media videos. With their skills they are able to bring the director’s vision to life and ultimately deliver a final product that resonates with viewers.
Do Video editors make good money?
Income earned by video editors can vary greatly depending on their location, experience and the type of work they do. Generally speaking, those employed as in-house video editors tend to make around $50,000 annually, with the lower 10% earning about $35,000 and the upper 10% making around $77,000.
Meanwhile, freelancers offering editing services may receive anywhere from a few dollars up to several thousand. Additionally, film industry professionals generally make an average of $76,000 per year (or $36.54 per hour).
For those wanting more stability with their paychecks, joining a postproduction or editor’s union is an option; members are paid at least $3,897.38 per week for working on contracts with HBO, Showtime or Starz.
However, entry is not guaranteed as certain experience levels must first be met. As such, people are encouraged to gain credit by working on non-union shows and films that have aired in order to build their reputation and skill set.
This will increase their chances of acceptance into the union and ensure higher wages in the long run. All things considered, an individual’s salary as a video editor can vary significantly based on their location and work type.
Is it easy to get a job as a video editor?
Demand for video editors is surging as more and more businesses turn to video for marketing purposes. According to the U.S. Bureau of Labor Statistics, there are over 28,000 film and video editors currently employed in the United States, with the majority of them located in California or New York.
Many businesses retain editors for creative content production, while freelance platforms like Upwork and Fiverr provide editing services to companies and independent producers. This high demand has created a great opportunity for experienced videographers looking to break into the field.
Can video editors work from home? Location can be flexible: Generally, the answer is yes. Remote work is typically feasible since most editing projects and communicating with customers can be achieved from the comfort of your home as long as you have the necessary software.
Nonetheless, if you’re working on a production featuring something that cannot be handled in an at-home set-up such as 4K resolution or HD surround sound audio, remote work may not be viable. You’ll need to operate in a professional editing suite in these instances.
Gaining experience is an essential part of becoming an editor. We recommend working as an assistant editor, which can provide valuable insight into editing software and how other editors employ shots and cuts.
Working in this role can give you a better understanding of the creative process. It also enables you to learn from more experienced editors, allowing you to refine your own techniques. In addition, the assistant editor role has a unique learning curve that will guide you further along your path to success as an editor.