uk us studios and key words
DESCRIPTION
TRANSCRIPT
Lesson outcomesKnow the structure of the contemporary Hollywood
studio systemKnow the structure of the UK film industryUse key words to apply your knowledge and
understanding
Key terminology
ConglomerateOligopoly/ hegemonySubsidiary company
Multi-industry companyVertical integration
Horizontal integrationSynergy (internal and external)
The ‘Big 6’
Hollywood is dominated by the ‘Big 6’ film studios: Timewarner, Viacom, Sony, Comcast/ General Electric, Disney and News Corporation. Individually, they are conglomerates.
Warner Bros
Paramount
Colombia Pics/ MGM
Fox Studios
Disney
Universal
Timewarner is a conglomerate
Conglomerates can be formed by merging a number of businesses together. The term refers to a multi-industry company.
The Timewarner conglomerateTimewarner Warner Bros.
Entertainment HBO
Warner Bros. pictures
New Line CinemaHBO Castle Rock entertainmentWarner Bros animation
These are known as SUBSIDIARY COMPANIES
Vertical integration: Timewarner
Several firms involved in all aspects of the production and distribution of a film…all working for one
company
Eg. All working for TIMEWARNER
The companies are subsidiary companies
Internal SynergySynergy is the promotion and sale of a product throughout the various subsidiaries of a media conglomerate.
Soundtrack
Magazine reviews
Sells merchandise Co-
funded
American Indie films owned by Timewarner.
Made films like March of the Penguins . Has now been closed down.
Most famous film is Pans Labyrinth
Films made/ distributed at these studios tend to have a budget of less than $20
UK Films: Working Title Studio
Owned by…
A British film production company owned by Universal Studios. Has made films such as Love Actually, Notting Hill, The World’s End.
Where a company (institution) looks to other companies for funding to help them produce and distribute their product.
Horizontal integration
This has advantages and disadvantages….what do you think they are?
Write a paragraph about the structure of the US/ UK film industries. Try to include all the words below.
TimewarnerPicturehouseConglomerate
Oligopoly/ hegemonySubsidiary company
Multi-industry companyVertical integration
Horizontal integrationSynergy (internal and external)
Working Title filmsWarp/ Film 4