Tuesday, 15 April 2014

Notes on Section B

Section B (45mins- 50marks)
Notes

Marking:
20 marks for analysing, arguing and explaining.
20 marks for use of examples
10 marks for use of terminology

Fox:
Fox Searchlight Pictures whose parent company is 20th Century Fox, which is part of the Fox Entertainment group, a subsidiary of News Corporation, which is owned by Rupert Murdoch. It is the 2nd largest Media conglomerate in the world.

New corporation is a huge Media conglomerate, a mass-media multinational company.

Their assets are worth over 56 Billion dollars.

Despite their owner being a global mass market corporation Fox Searchlight specialise in British film, horror films, Dramedy and non English Language films.

Cross media convergence and synergy:
Production- being part of a conglomerate means that the money for productions is available for searchlight. Bigger budgets can also attract larger stars, utilise the newest and best technology for special effects and shooting.

Films are generally developed by a smaller production company (often set up just for the film itself) who then seek more finance and or distribution with Searchlight as they have a film with British content or 'independent film' content or a non-English language/ horror/dramedy film that has done well outside of America.

In many cases FSP can 'pick-up' a film that has already been developed(script, budgeting , stars attached) and has a lot of potential or they can help distribute a film that has done well in other regions already and is a 'sure-fire' hit (it may have won film festival awards previously or 'opened' a festival with it's premiers).

Ultimately, it means working with other companies through synergistic horizontal integration as oppose to the old style of vertical integration where every aspect of film making was done by one major company.

360 degree marketing:
Example- the black swan released teaser trailers and multiple trailers and features on TV and on-line.

Synergy -working with a number of companies: horizontal integration.


Cross- media promotion(below- the-line-strategies): working in synergy with other companies for the benefit of both.  

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