1 / 11

Entertainment Industry

Entertainment Industry Chapter 8 Entertainment Profits (8.1) Major Movie Studios Only 2 made a profit last year Paramount Pictures Twentieth Century Fox Titanic First Movie to earn more than $600 Millions Ran in First Run Theatres until DVD was released Over 1 Million sold in first week

Gabriel
Télécharger la présentation

Entertainment Industry

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Entertainment Industry Chapter 8

  2. Entertainment Profits (8.1) • Major Movie Studios • Only 2 made a profit last year • Paramount Pictures • Twentieth Century Fox • Titanic • First Movie to earn more than $600 Millions • Ran in First Run Theatres until DVD was released • Over 1 Million sold in first week

  3. Cost Cutting • Movie Studios limit the number of “Wide Release Films” • Wide Release means being shown in 2,000+ Theatres • Limit promotional spending • Blair With Project- Word of Mouth promotion • Cost $50,00 to make • Grossed over $500 Million

  4. Generating Film Revenue • Studios are distributing more films worldwide • Most films only generate 25% of revenue from US ticket sales • Some countries do not allow US films to be shown • Religious conflicts • US imports very few foreign films

  5. Distribution of Entertainment (8.2) • Cable Mania • Cable TV/Satellite has led to an explosion of choices of what we view • 40 million houses with satellite TV predicted by 2007 • Offer over 200 channels, DVR service, live shopping • Internet Entertainment • Many movie trailers available online • E-Commerce becoming most used method for shopping • Threatening to Local Video Stores

  6. Marketing Music and Theatre (8.3) • Hip Hop Music popularity growing at 30% per year • Many songs now “sample” music from hits of the 70’s, 80’s, 90’s • Rap music now mainstream and cross cultural • Top 5 Longest Running Broadway Shows • Cats • A Chorus Line • Oh! Calucutta! • Les Miserables • The Phantom of the Opera

  7. Promoting Theatre • Word of Mouth is most used method of promoting Theatre • The MET Theatre in NYC is where most shows start

  8. Distributing Music • Shift in Music Formats • Vinyl Records • Cassette Tapes • CD’s • MP3 • Illegal Download Controversy • Many major bands speak out against • Metallica, Limp Bizkit

  9. Awards and Annual Events • The Oscars • Most Famous and Recognizable Award • Given by the Motion Picture Academy • Second Highest Watched show…next to Super Bowl • ABC charges $1,000,000 per minute to advertise

  10. Awards and Annual Events • The Grammy’s • Awarded to top musicians • 92 categories • Michaels Jackson won a record 8 Grammy’s in 1983

  11. Awards and Annual Events • The Tonys • Given to top Theatre shows and performers • Televised nationally since 1967 • Not as popular as the Academy Awards or the Grammys

More Related