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Understanding The Television and Film Industries. Ownership and Funding (FILM). The Film Industry is made of 6 different areas Development Production Facilities Distribution Exhibition Export.
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Understanding The Television and Film Industries Ownership and Funding (FILM)
The Film Industry is made of 6 different areas • Development • Production • Facilities • Distribution • Exhibition • Export
Skillset.org has shown that there’s around 400 permanent registered companies in the film UK Industry. 43% Production 13% Distribution 44% Exhibition Much of the distribution is funded by foreign companies.
Independent Production Companies • Television Companies • Government Bodies • Co-Productions with Hollywood
Much of the Funding while coming from foreign companies also depends a lot on: • Public Funding • Financial Aid from the government
UK Film council was set up by Labour in 2000 to promote the UK film industry. It was funded by the national lottery. The council was abolished in 2010 and many of its functions were passed onto:
In 2012 it was announced that over £285 million of National Lottery money is to be put into the British Film Industry in the next 5 years
Direct funding for feature and short films • Distribution and Exhibition • Founded Skillset
Development: Quality screenplays with commercial potential • New Cinema: New talent and explores new technologies • Premiere Production: Popular mainstream films • Training: Scriptwriters, executives, producers and distributors • First Movies: Low-budget short films, gives children the chance to learn about film-making
Media Ownerships • Private Media Ownerships – Funded and Controlled by a private company. • State Media Ownership – Funded and controlled by the state. • Public Media Ownership – Funded and Controlled by the Public.
American Films count for 70-75% UK Box Office 20% of takings go to films that were Hollywood Co-Productions Independent Films take on Average 6% of Box Office
All these Companies Invested in making the Kings Speech. Weinstein Company, UK Film Council, Momentum Pictures, Aegus Film Fund, Molinare Investment, Film Nation Entertainment, See Saw Films, Bedlam Productions
Multimedia Production and Distribution Company Invests for rights to distribution
5 Major Distributors Dominate the ownership of the Film Industry in the UK
What makes a UK Film? • 92.5% of film's running time must be created in UK • The rest of the film must be made in a Commonwealth country or Ireland • Most of the labour costs must go to UK citizens • Film must be made by UK (or other European) registered company
‘This is England’ Produced by 7 different Companies including Film Four, UK Film Council, Warp Films and Screen Yorkshire
Some companies employ cross media ownership • Where they own more than 2 different types of Media • The Big 6 Hold an Oligopoly over the Industry
Media Conglomerates The Big 6
The Big Media Conglomerates Use Synergy Different Elements of the Company Promote Each Other Production, Promotion, Distribution