To what extent does Media Ownership impact the success of a film.
Media ownership impacts the success of a film greatly as many conglomerates can have big marketing schemes compared to a small independent film companies. Hollywood has a major dominance over the film industry and many people see it is as the capitol of film making. In Hollywood there are 5 big conglomerates that make up the majority of AAA title films that are released throughout the year. The Big five are: Disney, Warner Bros, Universal, MGM, Paramount, Columbia Pictures. Disney is by far the biggest conglomerate worth over, $130 billion. Disney has the ability to create major films that can bring in lots of money such as ,"Star Wars Rise of the skywalker." This film grossed over $1,074,141,030 billion in the box office. This film was made by Disney and by this we can see that the bigger conglomerate will bring in more money on average compared to a smaller film company. If we contrast the New Zealand Film Commission to Hollywood and their film conglomerates we can see the difference in the amount of films being produced and also the amount of money that each of the film made in the box office. Another comparison between these two areas in the fact that the NZFC uses mostly NZ locations to try and promote the amazing landscape that NZ has, however Hollywood conglomerates use locations across the globe as they have the money to do so.
The money that large conglomerates have affects the way the film can be marketed. For example the "Why so serious" campaign for "The Dark Knight" involved 10 million people and spanned over 75 different countries. The film grossed over $1,003,509,293 billion and this can definitely be credited to the large marketing scheme that helped the film do as well as it did. A contrast from a large film conglomerate marketing their film would be to take a NZFC film like "Boy" and compare the marketing for that film. "Boy" which released in 2010 and grossed over $6,000,000 million in the box office was directed by Taika Waititi who had a bit of a scandal regarding his way of marketing the film. He used a Go-Fund me page and said to the donaters that they would receive rewards for donating to the film. However those donaters never received their rewards. This hurt Taika's career but he eventually bounced back. Another reason that having more money when making a film is the fact that during production you can have more crew to help out with the jobs that need doing. Having more money and being signed to a conglomerate means that your film can include "A-list" actors that will promote your film by just being in it. When audiences see that a big actor is in a new film they are immediately drawn to going and watching it based on how popular the actor is and how good their truly are. For example "Robert Downy Jr" promoting the new avengers movie will help the movie overall as audiences will be drawn to watch the film as RDJ is in it. Another good use of a conglomerate and having a lot of money would be because of the use expensive equipment and vfx. The better the equipment the better the overall quality of the film will be.
A way in which conglomerate are better than indi film companies would be the fact that they can use money for their distribution so that more people can see the film. I mentioned the Dark Knight Film earlier and their marketing plan and distribution would have cost lots of money and for a conglomerate this is very easy. This would be a big difference between a conglomerate and an indi film company. Having more money within a conglomerate definitely gets the film a better chance to do well due to the expensive production, better marketing and more distribution.
Piracy has had a massive impact to the film industry and has made many conglomerates lose a lot of money. Piracy takes place when a film is produced in the form of a videocassette without proper authorization from the right holder i.e. the producer. Often, film producers sell video rights to another party (generally after six weeks or more of release in theatres), which makes video cassettes for selling, or lending. Piracy grew largely when the internet got better and started to gain popularity because it gave people a platform to download films off the internet illegally. In 2018 in the United States piracy websites had been access over 17 billion times, and that is just in the USA alone. This shows us that piracy is stil a major problem in our world today. However the introduction of streaming services has actually decreased the amount of piracy that goes on. This is due to the inexpensive cost to subscribe to streaming services and many people who would normally pirate films would rather just pay the $15 to have access to the all the films as it is not THAT expensive to own.
The money that large conglomerates have affects the way the film can be marketed. For example the "Why so serious" campaign for "The Dark Knight" involved 10 million people and spanned over 75 different countries. The film grossed over $1,003,509,293 billion and this can definitely be credited to the large marketing scheme that helped the film do as well as it did. A contrast from a large film conglomerate marketing their film would be to take a NZFC film like "Boy" and compare the marketing for that film. "Boy" which released in 2010 and grossed over $6,000,000 million in the box office was directed by Taika Waititi who had a bit of a scandal regarding his way of marketing the film. He used a Go-Fund me page and said to the donaters that they would receive rewards for donating to the film. However those donaters never received their rewards. This hurt Taika's career but he eventually bounced back. Another reason that having more money when making a film is the fact that during production you can have more crew to help out with the jobs that need doing. Having more money and being signed to a conglomerate means that your film can include "A-list" actors that will promote your film by just being in it. When audiences see that a big actor is in a new film they are immediately drawn to going and watching it based on how popular the actor is and how good their truly are. For example "Robert Downy Jr" promoting the new avengers movie will help the movie overall as audiences will be drawn to watch the film as RDJ is in it. Another good use of a conglomerate and having a lot of money would be because of the use expensive equipment and vfx. The better the equipment the better the overall quality of the film will be.
A way in which conglomerate are better than indi film companies would be the fact that they can use money for their distribution so that more people can see the film. I mentioned the Dark Knight Film earlier and their marketing plan and distribution would have cost lots of money and for a conglomerate this is very easy. This would be a big difference between a conglomerate and an indi film company. Having more money within a conglomerate definitely gets the film a better chance to do well due to the expensive production, better marketing and more distribution.
Piracy has had a massive impact to the film industry and has made many conglomerates lose a lot of money. Piracy takes place when a film is produced in the form of a videocassette without proper authorization from the right holder i.e. the producer. Often, film producers sell video rights to another party (generally after six weeks or more of release in theatres), which makes video cassettes for selling, or lending. Piracy grew largely when the internet got better and started to gain popularity because it gave people a platform to download films off the internet illegally. In 2018 in the United States piracy websites had been access over 17 billion times, and that is just in the USA alone. This shows us that piracy is stil a major problem in our world today. However the introduction of streaming services has actually decreased the amount of piracy that goes on. This is due to the inexpensive cost to subscribe to streaming services and many people who would normally pirate films would rather just pay the $15 to have access to the all the films as it is not THAT expensive to own.

