Institutions and Audiences - 7 points
· the issues raised by media ownership and funding in contemporary media
practice
https://prezi.com/view/LnSVEu3if9TtfvOfobci/
https://prezi.com/view/LnSVEu3if9TtfvOfobci/
Ownership of
the production, distribution and exhibition companies effects the type of films
that are being made. All films whether they be independent or studio films are owned
by companies that put into motion their production, distribution and
exhibition. The parent companies own subsidiaries and either are involved in
vertical ownership which allows them to be in charge of these process all on
their own e.g. Walt Disney Pictures owning Marvel Studios, Lucasfilm and Pixar
and being their sole distributer and exhibitor or companies horizontally
integrate with other companies for such purposes e.g. Working Title’s
distribution partner is Universal Studios, a huge U.S company which can produce
and distribute films.
The first
stage of production is acquiring financial backing. My case study based on
Marvel’s Captain America Civil War (2016) produced by one of the big six media
conglomerates, Walt Disney, had a $200 million invested into its production and
$250 million into its marketing. The well-established companies can afford to
pool their resources into huge blockbusters focusing on special effects and
elaborate marketing campaigns, consequentially ruling out competition from
other companies.
Smaller
production houses which cannot afford to invest hundreds of millions of dollars
into projects or even distribute their own films are restricted to just
production and then selling their product to another company for its distribution
to the target audience. Such is the case with the movie Boyhood (2014) produced
by a relatively unknown company IFC productions, with just a $4 million
resource, distributed by Universal Studios owned by Comcast, one of the big
six.
As the main
goal for big media giants is profit maximization and appealing to mass
audiences, the content they produce becomes recycled, endless sequels and
poor-quality storylines. When compared with 19 original movie releases and one
being intellectual property, of 2006, according to a study, in 2016, only one
of them was an adaptation of an original storyline (La La Land). Such is also
the case with Lucasfilm, owned by Disney, pushing sequels with the Star Wars
brand, regardless of quality, tone, message or genre, all the while leaving
audiences unhappy (The Last Jedi’s poor audience reception) and making billions
of dollars.
Smaller
production houses like Film 4, however, cater to a niche audience and have to
focus on social realism as they don’t have the funding to produce or market
blockbuster movies laden with expensive special effects and are shot with
digital technology as it is cheaper than the 35mm film.
Moreover,
issues exist between media giants themselves as well. As Disney owns the major
special effects companies such as Industrial Light and Magic, they utilize them
for their film products which other studios don’t have access to. This sort of
practice leads to better CGI thus Oscar Nominations for their movies such as
Guardians of the Galaxy (2017), Star Wars: The Last Jedi etc. For mutual
benefit, Marvel Studios was able to strike a deal with Sony Entertainment to
share the rights of Spiderman. Sony needed to breathe life into its
“Spider-Man” franchise; by lending its character to Marvel, it has a way to
generate more exposure for its big screen hero. Marvel now gets access to one
of the comic book company’s most popular characters — it already controlled the
rights for TV, merchandise and other platforms, but the holy grail for Disney
has lately been film, where it has been able to launch franchises that impact
the bottom line of all of its various divisions.
Due to
fragmented audiences, media giants employ 360 branding for marketing in which
trailers, posters, websites are the forerunners along with synergy with other
companies. For example, Disney spent $250 million on the marketing of Civil War
(2016) in which they converged with brands such as Audi, Vivo, Pizza Hut,
Skittles, and Twitter and Facebook campaigns to promote their movie. Smaller
productions can’t enjoy those luxuries.
Five major
distributers the UK dominate the film industry: United International Pictures,
Warner Brothers, Buena Vista, Twentieth Century Fox and Sony. In most cases
these producers are linked to Hollywood. Usually, the block buster films that
are viewed are distributed by blanket release so even if a small UK company
manages to get its product through to cinemas or film festivals, its competing
for attention with one or more films that take on the status of an ‘event’.
The film industry
also suffers from political constraints such as recent concern raised regarding
this was Rupert Murdoch, owner of News Corporation’s continuous conspicuous
bias towards a number of election victors, granting them more screen time on
Fox News and other news channels he owns.
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