Where
does funding for the following come from?
Films- Profit from other
films, government funding, crowdfunding, music
TV Programmes-
Television Advertising Revenue
BBC Programmes- License Fee, Donations,
Government Grants, Foreign & Commonwealth Office, UN Population Fund
& The British Council
Commercial Channels: Coronation Street- Funding
for TV Programmes
Channel 4: Small amount funded by the
government, advertisements
The BBC need to put something on for everyone,
even if only a small amount of people tune in as we pay a licence fee. They
have programmes for the deaf, blind and
ITV: Advertisements ,
Sponsorship, Sales
Magazines:
Advertisements, Sales
Newspapers:
Advertisements, Sales
Crowdfunding is the practice of funding a
project or venture by raising money from a large number of people who each
contribute a relatively small amount, typically via the Internet. An example of
a crowdfunding website would be JustGiving.
National Lottery Grant- Can be given to children with specific needs or health conditions.
Why might owning a magazine or newspaper make commercial sense?
They have influence on the audience. For
example, 'The Sun' had a massive impact on the general election where Labour
and Conservatives were really close. It convinced people to vote for the
conservatives and they ended up winning the election which shows how much of an
influence newspaper can have on the consumer. Sales in print media products are
declining but they are still being published to create influence.
License Fee- An annual fee, used to finance the BBC, which is payable by each household in which television programmes are watched. The BBC has to cater to everyone's needs and have something that is for everyone such as the deaf, blind, young and old. Also, to cover things even if only a small group of people would watch or affect, as they are paying for their licence fee so should get something out of it.
Newspapers- The way they are produced and distributed hasn't changed since the 1970s. They've declined in sales as they already know what they will say because of the internet. You get the news instantly and don't need to wait the next day to see what has happened. The BBC also posts news for free so if people want to read about something that has happened they'd rather not pay. Newspaper producers still want to own newspapers as they hold influence on the public.
Magazines- Declining in sales as there is an
increase in the consumption of social media, more people use things such as
Instagram which they can see news on.
The costs associated with media products:
1. Magazines- 'Vogue'
Editor, Journalist, Photographer, Writer, Publisher, Makeup Artist, Freelancers. The journalist would also need to be given a salary of around £53k and the writer would have a pay around £15k they would also need to have money to afford the journalist to fly out and get a first hand insight on the story and interviews. Also, if they want to shoot in a particular county they would need to pay for the model, lighting crew, directors, editors etc to fly out also which could be costly as a whole. Additionally, they would need to decide on a setting and pay the owner a fee if they wanted to use it etc.
2. Newspaper- 'The Sun' -
Writer, Photographer, Publisher, Journalists. They may rent an office which they will need a lot of money for per year as a large office would be expensive. They would need to pay for copyright fees for things such as pictures, music and sound effects, these can be pricey. They would also need to pay for accommodation for their journalists to stay in. Also, paper and printing costs would be really high. They don't get bought as much now as they aren't environmentally friendly and use a lot of paper and on top of that the gas that is distributed into the atmosphere isn't environmentally friendly and sustainable.
3.Film- 'The Polar Express'
People who would need paying in films would be the writers, producers, directors, stand-ins, actors, lighting technician,makeup artist. Also, if they rented out a studio or any places to shoot a scene they would need to pay the owner the fee they ask for.
Costs and Logistics
In 2015 the JJ Abrahams movie Star Wars Episode VII came across a large problem during filming, Harrison Ford's on-set injury put significant strain on the production schedule, to the point that there were discussions of pushing back the release date of the film into 2016. If this had happened it would have meant the film might have not reached the correct target audience which could mean a decline in profit.
A way in which film directors can avoid this is by planning things logistically in case things don't go to plan
The costs associated with media products:
1. Magazines- 'Vogue'
Editor, Journalist, Photographer, Writer, Publisher, Makeup Artist, Freelancers. The journalist would also need to be given a salary of around £53k and the writer would have a pay around £15k they would also need to have money to afford the journalist to fly out and get a first hand insight on the story and interviews. Also, if they want to shoot in a particular county they would need to pay for the model, lighting crew, directors, editors etc to fly out also which could be costly as a whole. Additionally, they would need to decide on a setting and pay the owner a fee if they wanted to use it etc.
2. Newspaper- 'The Sun' -
Writer, Photographer, Publisher, Journalists. They may rent an office which they will need a lot of money for per year as a large office would be expensive. They would need to pay for copyright fees for things such as pictures, music and sound effects, these can be pricey. They would also need to pay for accommodation for their journalists to stay in. Also, paper and printing costs would be really high. They don't get bought as much now as they aren't environmentally friendly and use a lot of paper and on top of that the gas that is distributed into the atmosphere isn't environmentally friendly and sustainable.
3.Film- 'The Polar Express'
People who would need paying in films would be the writers, producers, directors, stand-ins, actors, lighting technician,makeup artist. Also, if they rented out a studio or any places to shoot a scene they would need to pay the owner the fee they ask for.
Costs and Logistics
In 2015 the JJ Abrahams movie Star Wars Episode VII came across a large problem during filming, Harrison Ford's on-set injury put significant strain on the production schedule, to the point that there were discussions of pushing back the release date of the film into 2016. If this had happened it would have meant the film might have not reached the correct target audience which could mean a decline in profit.
A way in which film directors can avoid this is by planning things logistically in case things don't go to plan
