Thursday, 8 September 2022

LO1: Ownership and Integration

 

Conglomerate:

Biggest companies in the media, a conglomerate is made up of different "subsidiaries"

The conglomerate owns the subsidiaries. 


Example: Disney,

                Disney's subsidiaries are: Film, TV, Theme Parks, Animation (Pixar), Marvel 

A subsidiary can also be a Conglomerate itself, (EX: Marvel) 


Advantage to being a conglomerate:

           1)    Lots of different revenue streams. 

           2)   Established Brand name. 

           3)   Cheaper+easier to produce and distribute your products  

           4)    Target a Mass Audience

Cross media ownership: as soon as a conglomerates' subsidiaries and can produce more than one type of product its called Cross Media Ownership. 



Vertical Integration:

This means the conglomerate has the ability to: produce (make it) , distribute (making it available for an audience), exchange (audience pays to access product) by THEMSELVES due to their subsidiaries. PDE= "The Value Chain"

(DISTRIBUTION also includes Advertising and Marketing)


Horizontal Integration

Horizontal Integration happens during the distribution stage. It is about the conglomerate having the ability to distribute a product on multiple platforms that they OWN. It can promote its products across it subsidiaries. 

Synergy: Cross Promotion. H.I creates Synergy. (can be seen on multiple platforms) 


Independent

1. Working on your own without outside help. 

2. Complete opposite to how a conglomerate operates, is "integrated"

3. Doesn't own subsidiaries


An example of this is warp films, who made the tv/film programme 'This Is England'. This made a 'joint venture' with channel 4, which is a conglomerate. 'This is England' did so well as an independent film that now it is a TV series that went on channel 4 called 'This is England 86'. 

Audience Differences: Conglomerate V Independant.

1.  independent: very niche audience 

     conglomerate: mass audience. 

2.  conglomerate: higher production value. action/blockbuster 

     independent: smaller budget. Horror/Social Realism (about society, very 'Gritty' and real) 


Disadvantages: more expensive to distribute products, can only produce by themselves. Distribution and Exchange are difficult, so help from a conglomerate is needed. This is called a 'joint venture'. They don't own different platforms, unlike a conglomerate. It is very expensive as they don't have the revenue. They don't have subsidiaries. 


Public Service Broadcaster 

Public: available/targets everyone "mass"

Service: product(s)

Broadcaster: distributing tv and radio. 

   -Funded TV licence 

   -REMIT: A licence/responsibility 


1) Produce + distribute different types of media. 

2) BBC ---TV-- BBC 1.

             --- Radio-- Radio 1.

             ---magazine-- Radio Times.

Like a conglomerate BBC has cross media ownership


Like a conglomerate they can produce multiple types of content, (tv and radio) but a PSB can not be seen as making a profit as their money is coming from the public. 


PRODUCTION PROGRESS

1) Pre-production- The process and planning stage before the product is produced. In a movie this would be: Writing, designing and casting. Job roles in movies for this stage are producers, script writers, casting director, location scout and costume designers.

2) Production- putting planning into action. The making of/development of the assets. In a movie this would be filming, recording and directing. Job roles for this stage in movies are directors, special effects supervisors, stunt coordinators, actors and camera-people.

3) Post Production- Anything that still needs to be done after production. Editing/putting together the assets to make the product. In a movie this could be editing of audio and visual materials and re-shooting scenes and adding effects. Job roles for this stage are editors, visual effects artist, sound editors, music editors and composers. 

In Radio shows: 

Preproduction- scrip writer, producers

Production- host/presenter

Postproduction- sound editor/music editor (for jingles)

In Magazines:

Preproduction: photographer, graphic designer, reporter/journalist 

Production: photographer, graphic designer, journalist

Post production: photographer, graphic designer, journalist

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