Production companies are the backbone of the movie business. They are the names on the cases and film rolls when you buy a DVD or purchase a theater ticket. Their multi-building complexes are where the built movie sets are put together and maintained, where filming takes place, and where they are edited and made into the final piece which we, the audiences, see after months of the first scene shoot. They are a large source, if not the main source, of the money which goes into the films many aspects.
The "Big Six" film production companies include: Fox Entertainment Group (News Corporation), Paramount Motion Pictures Group (Viacom), Sony Pictures Entertainment (Sony), NBC Universal (General Electric & Vivendi), Time Warner (Time Warner Inc.), and Walt Disney Motion Pictures Group (The Walt Disney Company). The names in the parenthesis are who owns the film production companies. Under each one of these companies, there are smaller divisions and other companies that they may have acquired by trade or buying them out.
Because of the amount of involvement of the production companies throughout the movie-making process, they receive a healthy amount from the success of the movie; not only in monetary reward but also the publicity and or/praise. Although publicity can often hurt a company, it does not usually hurt them enough to effect their income or their reputation. Every company has a plunker at every now and then and it is not their fault. The success of a film is in the hands of the audiences. What the audience likes and what the audience wants is what the audience likes and what the audience wants. If a company misses a small aspect once in a while, it results in a not-so-popular film. But the companies are resilient and bounce back quickly and smoothly. Their resiliency is outstanding and will continue for many years to come.
Sunday, February 22, 2009
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That was stated very well. The resilience of these companies has withstood economic, social, and political changes. Yes, there were some not so good movies, but it always astounds me how these companies can take the loss. In fact, maybe the auto, banking, etc., industries could learn a thing or two from these companies. Are there any production companies feeling the recent economic strain? The "Big Six" production companies will surely continue on...for at least a little while. I can remember a few movies that flopped and you're right when you said that the flops really don't hurt the reputation. Nice job Elise.
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