This document provides guidance for a film studies exam focusing on audience and institutions. [1] Candidates should be familiar with issues related to media ownership, cross-media convergence, new technologies, hardware proliferation, technological convergence, targeting audiences, and incorporating personal media experiences. [2] Key terms and concepts are defined for vertical integration, marketing strategies, budgets, audiences, and distribution methods. [3] Useful case studies and websites are listed to research production companies, films, and exhibition formats.