A production company is responsible for developing and producing media projects like films, music, radio, and television. The document discusses ICE Production Company and its plans to produce a film. ICE Production Company chose not to use a logo and instead use the same font in its titles to tie the name to the film. It would use a film distributor to distribute, market, and handle the release strategy of the film. The distributor specializes in film distribution and would focus on large-scale marketing instead of ICE Production Company handling those tasks. For funding, ICE Production Company determined a smaller, British production company would be more suitable than a large Hollywood studio due to lower costs and tax allowances.