Media

1. PR5 the Commercial Production Process
Financial considerations
Write a short statement about the financial considerations that need to
be factored in for a commercialradio production. Use the resources
available on Cnavas and also use Google to find information about:
 negotiated production budgets (by local sales team, by national
agency, by regional agency)
http://radioworks.co.uk/plan-and-buy-airtime/
 music royalty payments
https://www.royaltyexchange.com/learn/music-royalties/
 voiceoverartists’ fees
 trafficking costs (e.g. scheduling and billing )
https://en.wikipedia.org/wiki/Traffic_(broadcasting)
 rate cards