- Compare the production costs of the 1967 and 2016 versions.
- Discuss how the BIG 6 film studios are increasingly pouring more resources into fewer films offering SPECTACLE but limiting choice
- See the following page to help support your argument.
Power of Media Industry: In considering media industry and the consolidation into larger companies please write a response to the following statements.
The media is controlled by a small number of companies primarily driven by logic of profit and power.
90 % of the media in the world are controlled by 5-6 media giants. They make reboots that they know will create profit, buys large movie franchises such as Marvel and Star Wars.
Creativity, variety and quality in the media is limited by the amount of companies and products.
Films start becoming more common to maintain the normal audience. This suggests that there is a less of a variety within the industry. A lot of the market is becoming more saturated and mainstream. Creativity has improved massively with the advancements of technology. With the use of SFX and CGI.
More socially diverse ownership will result in more varied media productions.
Targets more of an audience, allows more creativity within production.
It allows a wider range of audience as it appeals to different ethnicities. Examples such as Get Out and Black Panther are examples of having a diverse cast and crew to crete§§
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How media organisations maintain, including through marketing, varieties of audiences nationally and globally
Disney's ability to maintain a market and a variety of audience has been mainly due to the family friendly content Disney has produced over the years. By having family friendly content it appeals to a wider range of audience.
Walt Disney Studios used marketing sleight of hand to fill seats on opening weekend. “The Jungle Book” took in an astounding $103.6 million in North America, according to Disney.
In August, Mr. Favreau bounded onto a 7,800-seat arena at a Disney fan convention in Anaheim, Calif., and showed sneak-peek footage from his film. He hobnobbed with three “Jungle Book” stars on stage, including Neel Sethi, who plays the man-cub Mowgli. Thousands of movie posters were handed out.
Studio marketers have learned that Hispanic moviegoers tend to buy tickets in particularly large groups; if you hook one family member, you can get an exponential result. To achieve that goal, Disney teamed with Univision for a five-week stunt that brought “Jungle Book” characters and clips to telenovelas, talk shows and sports coverage. Disney even built a tool to allow Univision personalities to appear in scenes
Various corners of the Disney empire pitched in to promote “The Jungle Book.” A New Year’s Day stunt on the Disney Channel, for instance, was used to portray the film as one of the year’s first blockbuster offerings for families and children.
But the synergistic heavy lifting was done by Disney theme parks. During the jam-packed spring break weeks, park theaters in Florida and California offered sneak-peek footage of the movie, with Mr. Favreau providing introductions
If moviegoers believe that, they are more likely to spend $3 to $5 more a ticket to see “The Jungle Book” in 3-D, which can lift opening-weekend sales considerably. To emphasize the scope and scale of this movie, Disney introduced a mazelike Law of the Jungle website in partnership with the female-leaning Tumblr; ran special promos at IMAX theaters focusing on the snake Kaa; and created a touring virtual-reality experience and 360-degree Facebook video emphasizing the “Avatar”-like world of its jungle.
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Film content can be consumed by audiences in a variety of ways and locations
cinema,
home entertainment
On the move (in flight entertainment, etc.)
Institutions need to provide films increasingly in digital format
- Because film consumption is moving away from cinema towards Home entertainment via Blu-ray, streaming
- Increases the risk of Piracy - easier to download online as technology improves.
- Large institutions (Big 6) offering cinematic experience in large screen (iMax) format, followed by digital release as DVD, Blu-ray, streaming- This increase the profits for the big 6 and allows them to produce a higher budget films and to keep the flow going.
- Disney actively trying to make its own streaming service through the acquisition of FOX review the following link and summarise why it is a smart move for Disney to grow: why would disney buy fox? - Main reasons Disney would buy Fox as it would increase Disney's market share. As well it will enable Disney to compete with streaming services such as Netflix as thee is a clear decrease in cinema goers so it will allow Disney to increase their profits.
Increased profit margins
Increase in market share
allows more control within the market