The document discusses two potential film distribution companies - Warner Bros and Momentum Pictures. Warner Bros is a large, vertically and horizontally integrated company that has been in business for over 100 years and distributes films to major cinemas as well as its own theaters. Momentum Pictures is a smaller, more local UK independent distributor that releases around 20 films per year in theaters. The document concludes that Momentum Pictures would be a more realistic choice for a small production company due to its local presence.