Major media conglomerates dominate the film industry through ownership of film studios, TV stations, record labels, magazines, newspapers and other properties. These conglomerates market and promote their films across their various businesses in a practice known as synergy. Independent producers also exist, using smaller outfits like the BBC or Film 4. The top 5 media ownership companies that dominate the UK film industry are United International Pictures, Warner Bros, Buena Vista, 20th Century Fox, and Sony. New technologies have enabled anyone to make and distribute films more easily through platforms like YouTube, while audiences can now watch films through various devices at home or on the go.
2. Media Conglomerates
A conglomerate is a group of businesses which has a lot
of money within the field of media which they put into film
production companies, they also market their film through
their other companies, this is known as synergy.
3. Media Ownership
Massive multinational media companies own many things and this
is known a media ownership. With their media companies they
own:
Film studios
TV Stations
Record Labels
Magazines
Newspapers
Books
Internet Platforms
4. Independents
Some producers do not work in a massive multinational
media company, instead they use smaller outfits.
The British do this a lot, for example, the BBC or Film 4.
5. Media Ownership Companies
There are 5 major companies which dominate media
ownership within the UK, in reference to the film industry.
• United International Pictures
• Warner Bros
• Buena Vista
• 20th Century Fox
• Sony
6. British Film Industry
There are various different types of institutions in the UK :
• Independent companies
• Television companies
• Government bodies
• Co-productions with Hollywood studios
7. Media Ownership
Two or more types of media coming together= Media
Convergence
Different elements of a company working together to promote
related products= Synergy
A company which produces two or more types of media= Cross
Media Ownership
A large parent company which owns a range of smaller
companies= Conglomerate
Smaller companies owned by a parent company= Subsidiary
When the marker is dominated by a small number of
companies= Oligopoly
9. Film & New Media Technology
New technology has made it possible for anyone to make
and present films, e.g. YouTube.
We can watch films on new technology such as phones,
games consoles, TV on demand.
Also through the use of new technology we have the
ability to see films in 3D from the comfort of our own
homes or on TV screens with HD.
10. What we can watch films on…
Smart phones
MP4 players
Portable games consoles
Laptops
Games consoles at home
PC
Home cinema