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Action Adventure Film Session 2 Learning Objectives:. To be able to explain the financial and institutional issues in determining a films’ success or failure To understand marketing strategies for promoting films To revise the conventions of the film poster as a marketing tool.
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Action Adventure Film Session 2Learning Objectives: To be able to explain the financialandinstitutionalissues in determining a films’ success or failure To understand marketingstrategies for promoting films To revise the conventions of the film poster as a marketing tool
Narrative Structure • Share your homework with a partner • What similarities and differences do your ideas have? • Did anyone find a film that didn’t conform to Todorov’s theory? • What conclusions can be drawn about the Action Adventure genre?
Key terms • Budget: how much a film costs to make – production & marketing costs (budget numbers for movies can be both difficult to find and unreliable. Studios often try to keep the information secret and will use accounting tricks to inflate or reduce announced budgets) • Box office: how much was gained from ticket sales alone of a film’s cinema release (check whether it is domestic (USA)/ foreign/ worldwide) • Gross : total amount made (Some figures will include ancillary sales e.g. DVD and related merchandise. Others won’t. Check a range of sources and always compare like for like) • Net: amount made (or lost) after production costs have been subtracted from gross figure • Figures will usually be in $ as opposed to £
Measuring Success • Films have the potential to skyrocket the profits of a studio, or to send it into ruins and bankruptcy • Films that cost more to make than they take in revenue (both domestic and worldwide) are considered box-office catastrophes • The following list of films that lost the most revenue is based upon two factors: the total cost of each film's production and marketing, minus its total worldwide gross. The total net loss has then been inflation-adjusted for the year 2008.
20 biggest box office flops • Cutthroat Island (1995) • The Alamo (2004) • The Adventures of Pluto Nash (2002) • Sahara (2005) • The 13th Warrior (1999) • Town & Country (2001) • Speed Racer (2008) • Heaven's Gate (1980) • Final Fantasy: The Spirits Within (2001) • Inchon (1982) • Treasure Planet (2002) • The Postman (1997) • Red Planet (2000) • Soldier (1998) • Gigli (2003) • Around the World in 80 Days (2004) • Ishtar (1987) • A Sound of Thunder (2005) • Hart's War (2002) • Hudson Hawk (1991) Source: www.filmsite.org Why do you think so many of the films listed are recent productions?
Research task • In your assigned pair, research one of the 4 Action Adventure films: Box Office Flops: - Sahara (2005) - Stormbreaker (2006) Box Office Hits: - Avatar (2009) - The Expendables (2010)
Reliable starting points • www.imdb.com • www.filmsite.org • www.boxofficemojo.com • www.the-numbers.com
Pairs • Elliott & Holly C • Kieran and Katy • Connor and Holli • Estelle and Laurie • Cameron and Jake • Taylor and Luke • Jack and Coral • Rory and Gemma • Sam and Chantelle • James H and Tommy • James B and Kim • Zak and Hannah • Michael and Kirsty
Prompts Try to find out: • Production costs • Worldwide gross to date • Net profit (or loss) • Notable names (director, writer, actors etc) • Production company • Reasons for success/failure • Marketing strategies (e.g. new technologies, synergy, merchandise) • Other significant information
Jigsawing • Split from your partner and form new groups of 4, with each member representing a different film • Share your research ensuring the key information for each film is recorded in your book
Sahara (2005) • Director: BreckEisner Studio/Distributor: Paramount Pictures Total Cost: $241 million Domestic Gross: $68.7 million Worldwide Gross: $119 million Total Net Loss: $122 million (inflation adjusted at $133 million)
Sahara (2005) • The enormous flop suffered from exorbitant production and marketing costs that inevitably dwarfed its revenue intake • Its muddled production was the result of its 20 producers and 4 credited screenwriters (although ten scripters were paid almost $4 million in fees and bonuses) • Major expenditures were made for salaries and 'star perks' for the two stars • The tabloids were heated up over the one-year affair between Cruz and McConaughey that began when they met during filming
Stormbreaker (2006) • Director: Geoffrey Sax Studio/Distributor: Weinstein co Budget: $40 million Domestic Gross: $659,210 Worldwide Gross: $9,351,567 Total Net Loss: $30.6 million
Avatar (2009) • Director: James Cameron Studio/Distributor: 20th Century Fox Budget: $237 million Domestic Gross: $760 million Worldwide Gross: $2.8 billion Total Net Profit: $2 billion
Avatar (2009) • Visionary director James Cameron's monumental work was a futuristic, epic 3-D live-action film, with ground-breaking special effects, and an estimated budget of $300 million (much of it spent on CGI) • It became only the fifth film in movie history to exceed $1 billion in worldwide grosses, and did so in less than 3 weeks, and soon surpassed The Dark Knight (2008) to become the top grossing (domestic) film of the entire decade • Shortly later, it became the highest-grossing film of all-time (worldwide and domestic) • It was the first Best Picture nominee to be entirely filmed using 3-D technology
The Expendables (2010) • Director: Sylvester Stallone Studio/Distributor: Lionsgate Budget: $82 million Domestic Gross: $103 million Worldwide Gross: $251 million Total Net Profit: $148 million
Damage limitation • No one can guarantee the success of a film, but measures can be taken to limit the risk of it becoming a box office failure • What measures can you think of?
Marketing strategies • Thinking back to the film poster planning and production work you did in Year 10, sketch out a rough design for a theatrical poster which advertises your own Action Adventure film
Marketing strategies • In addition to the film poster, how would you market your film? • How would you appeal to different demographics?