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Econ final project1

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This is my final project in Econ that I just resently created. The topic of this project is: Reality Television and How It Effects the Economy

This is my final project in Econ that I just resently created. The topic of this project is: Reality Television and How It Effects the Economy


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  • 1. Definition: A genre of television programming in which ‘real life’ peopleare fallowed in a situation, game, etc.*Mainly scripted*Producers techniques to make the story: -Characters Arc - Plot Points -Narrative Arcs -A definitive beginning, middle, and end
  • 2. • Producers create and manipulate scenes that people want to see• The scenes are created so viewers will stay interested - These scenes are things that aren’t normally seen on television like fighting and sex• People get so interested in reality television because viewersget a ‘connection’ with a member on the show, giving them apersonal emotion for that cast member• The viewer feels for a character because they compare theirown lives with the person on the screen• Viewers then get a feeling of personally understanding acharacter, making them more interested in watching the show*This is why every cast member on a reality show is different*
  • 3. • Cost Money• Influences Viewers• Change tastes• Creates Jobs
  • 4. •Every show aired on television cost money•Most are sponsored and paid for by businesses and companies• When the economy is tight, companies are less able to spendmoney on shows that aren’t being watched by viewers•These shows are scripted with drama and conflicts that willmake viewers become more interested in watching and tuning into the next episode premiere•If a show doesn’t have many viewers, than the show won’t beable to stay on the air for very long, that’s why producers of thesereality shows cut and manipulate scenes that will draw in viewersand keep them interested.*If a show becomes popular, they can raise the prices on episode
  • 5. • Season 1: $5,000 per episode for each of the castmembers• Season 2: $10,000 per episode for each of the castmembers• Season 3: $30,000 for cast members Snooki, Pauly D,JWOWW, and the Situation. Less for the other castmembers• Season 4: $100,000 per episode for each of the castmembers
  • 6. Influences• Producers & advertisers know that if they havesomeone who is well known and liked by people,promoting a product, it will sell quicker becausethe population is easily influenced by somebodythey look up to• People look up to others on television becausethey desire to have their life like what they seeand/or is interested in it because their life isnothing like what they are watching
  • 7. • Wellknown celebrity•World’s most highest paid celebrity• Makes $40,000 per episode she stars on• Earning $6 million a year• Made $18 million off her wedding
  • 8. • Because the stars are looked up to, people will copywhat they see them doing, to become more ‘like’ them• Companies send celebrities free products for them touse so the companies logo will be shown off -In the end, people will be more likely to buy it - Making the demand for the product go up
  • 9. • Advertised muscle enhancing products•Affects: make the company and product more known and demandedbecause he claimed he used the product, influencing viewers to usethe product•If a celebrity says they don’t like a product, their fans will most likelystop using it as well•This trick has been around for a long time and is used to promoteproducts by people who are at the top of the charts at that particulartime
  • 10. • To get a reality show, you have to find people who are interested in being a part of it -Producers place ads on the internet as if it were a job search - People then have to audition for the show - Every person on a reality television show gets paid some amount of money - Being filmed takes away the real in reality because people don’t normally have a camera following them, causing them to act different• If a new show is created, more jobs are needed to be filled for people towork•T.V. channels like MTV, E!, and VH1 use more than 60% of show times onreality television shows•These channels would be nothing like they are today with the creationof reality TV
  • 11. Our future is determined by the younger generations of kidswho are being surrounded by technology that influencestheir every decision• Reality T.V. takes up seventeen percent of prime time T.V.programming -which means more kids are influence to watch and act like the cast on these shows• Not only do they watch television, but they are now able toaccess T.V. episodes on the internet -meaning people are now able to take television ‘on-the- go’, and raising the numbers of hours spent watching it DOWNLOADING = No more buying
  • 12. "How Much of the Reality Show Is Scripted? - Forbes.com." Information for theWorlds Business Leaders - Forbes.com. Forbes.com. Web. 15 Dec. 2011.<http://www.forbes.com/2010/07/30/forbes-india-how-much-reality-tv-is-scripted.html>."How Reality TV Fakes It - TIME." Breaking News, Analysis, Politics, Blogs, NewsPhotos, Video, Tech Reviews - TIME.com. Time Magazine. Web. 18 Dec. 2011.<http://www.time.com/time/magazine/article/0,9171,1154194,00.html>.Mosthof, Mariella. "How Much Does the Jersey Shore Cast Make? - JerseyShore." Home - Wetpaint.com. Wetpaint.com. Web. 18 Dec. 2011.http://www.wetpaint.com/jersey-shore/articles/how-much-does-the-jersey-shore-cast-make-Elling, Wyatt. "6 Ways to Make Money on Reality TV." Open Casting Calls -Modeling Auditions - Reality TV Casting. Web. 20 Dec. 2011.http://www.instantcast.com/LearnAbout/Articles/6_ways_to_make_money_on_reality_tv .Chase, Libby. "How Much Does Reality TV Pay?" YOUNG MONEY Magazine |Articles on Careers, Entrepreneurship, Personal Finance, and Investing | YoungMoney. Youngmoney. Web. 18 Dec. 2011.<http://www.youngmoney.com/careers/how-much-does-reality-tv-pay/>.