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British film production companies have co-production and distribution with Hollywood studios
‘British’ films can be funded and distributed by US companies (Fifth Estate)
Decisions on which British films to produce and how to market them are often based on the tastes of both domestic and American audiences and they have very set ideas about what it means to be ‘British’
British Cinema and Hollywood
Hollywood is built around studios and conglomerates
Companies who aim to make money from films
Hollywood – a brief overview
A corporation consisting of a number of subsidiary companies or divisions in a variety of unrelated industries, usually as a result of merger or acquisition.
They are VERY big companies that have often brought up or taken over smaller companies
WHAT IS A CONGLOMERATE?
The BIG TEN
Where a company will own/control all the steps in the production process
For example AOL Time Warner owns not just the Production companies and their distribution arms, it also owns TV networks, magazines, record labels, radio stations. So it is in a position to not only make and distribute films, but has the ability to play and promote them through other media forms.
Vertical Integration
Where one step in the production process is own by a very small number of companies
For example, AOL Time Warner owns Warner Brothers Studios, Castle Rock Entertainment , New line Cinemas and Fineline features, all of which are Production and distribution Companies. Many companies try to do this, but it is dominated by the big 6
Horizontal Integration
Exclusive control of a commodity or service in a particular market, or a control that makes possible the manipulation of prices.
No or very little competition!This is the Hollywood system and it has
serious draw backs for British companiesWhat might they be?
What is a MONOPOLY?
Info graphic
The Illusion of Choice
Media become loyal to sponsors, rather than to the public interest.
For the general public, there are fewer diverse opinions and voices available.
Only a few companies represent the interests of a minority elite control.
For minorities and others, fewer opportunities are available for voicing their concerns and reaching the public.
Healthy, market-based competition is absent, leading to slower innovation and increased prices.
CONSEQUENCES OF CONGLOMERATES
Hollywood realised that there is serious money to be made in international distribution so they invest heavily
They retain the rights to their films so secure profits for many years
British film industry is production led whereby distribution is usually through an American company
Any money made is not going back into the British film industry
Hollywood and British Films