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Fsa
1. FSA
Ownership-
Public service – a public service is a government service given to us by the government, however you
will only ever find a public service in the media industry. They are funded by the public and the
public pay in taxes. A good example of a public service will be the BBC, they are the only ones in the
media industry that are funded by the public.
Private Service – a private service is completely different from a public service, what makes them
different is that fact they are not funded by the public. If you take ITV, they are funded by different
companies that pay the ITV to let them advertise their products on their channel. So let’s say Nike
what to advertise their products on E4, Nike would have to pay E4 to allow their products to be on
their TV channel.
TV licence – a Tv licence is a fee we have to pay when you get a TV in your household. You have to
pay around ÂŁ12.13 per month. The reason we have to pay a Tv licence is because of the BBC,
because the BBC are a public service they are funded by the public, and we pay them via taxes, via
the TV licence fee.
Independent companies – companies that make their own money, also meaning that it is not traded
on the stock market also meaning that it is owned by a small number of individuals. A good example
of an independent company is ITV, they make their own money, and they do that by letting other
companies advertise their products on their channel.
Monopoly – meaning having no more people trying to buy things off of you, and the only way in
doing so, is by buying everything for yourself, so that other companies can’t buy it before you.
Meaning there is no competition.
Vertical Integration – buying all the companies/Facilities needed to make a film, the main reason
huge companies like Disney Film studios do this is so that they can make more money.
Horizontal integration – is when a company makes uses a product they have and make more
products based off the first product they had. So if you take Disney they make a successful film
product and because that film so was good, and the public enjoyed it, they make more products
based off that film.
Product placement – is when a company pays for their product to be featured on
a film production, and you could have it on both television and Film. You would
normally see a sign like the one on the left, telling us that there will be real
products that we could buy within the show or film. But if a company who is
going to advertise their products on any production will anyways have to pay the
television show or the Film production team.
2. Independent companies- is a company that fund themselves, therefore meaning that they are not on
the stock market, meaning that they can’t be traded and also meaning that they are owned by a
small number of individuals. ITV is a good example of an independent company, they’re on the stock
market, and also they have to make their own money by having adverts on their TV channel.
Sponsorship- it’s like a partnership between a TV show and a company, and what it is if you get a
sponsor they will have a space right before a show starts they are allow to advertise their product
and the company allow that to have before the company have offered to help with funding with the
product.
Financial aid- when a young film producer needs money, they would apply to the BFI for some
funding with their films. The reason it is called financial aid is because the BFi set money aside for
the young film producer to help make their films
The BBC and Disney are two very different companies reason being is that the BBC are a public
service and Disney are a private service. And also the BBC are a television service and Disney are a
film service.
Like I have said before the BBC are a public
service meaning they are the only ones that
are funded differently from all the other
media companies whether they are in Film
or Television side of the media.
It is because of the BBC the public have to
pay TV licence, because that is how we pay
the BBC, we have to pay around ÂŁ12.13 per
month and the end of the year, government
round up all the money they get from TV
licence, and then give it over to the BBC.
But the BBC are the only one that have to
show a table showing us how they have
spent their money. And the reason being
because it is public funding, the government
want the BBC to show us how they are using
our money.
3. Now if we take Disney Film Studios, Disney are an
Independent company they are not funded by
the public they have to make their own money.
But because they are a film service they are not
funded via adverts, they are funded by box office
their films make.
However over the years their films have been sure good films they have found other ways to make
money. They have managed to vertically integrate, because their films have been so successful they
have been able to buy the different types of companies needed to make a film.
Disney is now a big division now has lots of subdivisions like LucasFilm and other more, Disney now
has a monopoly of different companies from recording studios, production companies. However
Disney have also horizontally integrated and I say that because Disney have come up with other
products from the films they have made, like apps from the mobile phones or toys products to sell
from kids and in Disney’s case they also made a Television channel as well.