Structural Considerations : Multimedia Businesses

The company’s core competency is the streaming of TV series and movies. Their corporate strategy is differentiation. They also produce TV

Sole traders portray any business that is owned and managed by a single person, although sole traders employ employees. The owner is normally the person that is liable for the businesses decisions

Sole trader – self-employed and responsible for all business finances. Sole traders have to adhere to legislation such as Consumer Protection Act 1987. This holds you accountable for knowingly selling faulty products that cause harm to a consumer. They must also pay income and National Insurance Tax and provide a ‘self-assessment tax return’ each year.

There are several types of businesses worldwide. The organization operates by the Government or Semi Government is known as the public sector organizations whereas private entrepreneurs operated public sector organizations. These public sector organizations are either privately owned or by the public.

Motion pictures are a key driver of the market for entertainment products, one of the largest export markets in US. Motion picture industry consists of three stages: studio production, distribution, and exhibition. The studios produce the lifeblood of the industry, the films that are its content. The biggest players at this level are the majors, big studios which integrate production and distribution, as do the slightly smaller mini-majors. The next stage is distribution. Distributors are the intermediaries between the studios and exhibitors. Distribution entails all steps following a film’s artistic completion including marketing, logistics, and administration. Distributors coordinate the manufacture and distribution of

As the structure of the media network division is not traditional in terms of applying the value chain to an organization’s functions, some of the most important components are intangible. When looking at the breakdown of industry costs found in Appendix E, one can see that procurement (33% of revenue), wages (7%), and marketing (4.1%) are key in understanding the industry’s profit structure (IBISWorld).

At the least the board will have operated outside the Australian Securities Exchange (ASX) Corporate Governance Principles and Recommendations (ASX 2010, p13-49). These principles form the basis of good corporate governance ideas in Australia and are designed to optimise corporate performance and accountability (ASX 2010, p5) and draw from the ‘if not why not’ philosophy.

The good corporate governance is regulated by the Australian Securities and Investment Commission (ASIC), which include specific director's duties that director must follow to enhance the well practice within the

There are many types businesses in this world; these include Sole trader, Plc, Ltd, Partnership, Co-op and

The first type of media structure used by Disney that I will be talking about is vertical integration. Vertical integration is where firms in a company are working at different stages but on the same production path . For example Disney own Walt Disney studios, Sky walker sound, Disney digital post and Touch stone pictures. All of these companies will work on the same production but only in the area they are equipped for. For example the new Stars Wars film, Walt Disney studios will work on recording the content where as Sky walker sound will work on the sound whilst the recording is going on.

Sole Proprietorship is a business owned by one person, as distinguished from a partnership or

The management of a corporation issues a predetermined amount of stock shares to investors. After these shares are issued, the investor has the right to sell all or part of their shares of stock to outside investors. Management does not become involved in the transfer of the stock. The transfer of stock does not affect the operation or function of the corporation.

The sole proprietorship is the simplest form of “business association” we will examine. It is perhaps a bit odd to describe it as a form of “association” given that the “sole” proprietor will be the only “equity” investor and thus doesn’t “associate” with anyone else as a co-equity investor. However, there will almost invariably be “associations” that the sole proprietor will have in order to carry on the business. These can include associations with employees, agents, lenders (such as a bank) and trade creditors. This chapter looks at the structure of the sole proprietorship, its formation, legal status, name registration requirements, funding, management, and dissolution. It also

When a business is run as a single proprietor means that the owner is solely responsible and liable for the actions of the company. The risk and the liability are that the personal assets such as house, car, land, or bank savings are also part of the business. There is no legal separation of the assets between the business and the owner of the business. For example, if the single proprietor defaults on a bank loan or there is an accident on one of the employees, the owner is the sole responsible. The bank can seize and liquidate the personal assets for the debts. In addition, the employee who suffered injury for in a work related accident can sue and held the owner liable. The sole proprietor risks all the personal assets if there is a

Since the 1950’s the use of new technologies in the Film and Television industry has increased dramatically. From the equipment used to create the moving pictures, the technology we use to view these scenes and the techniques used to capture or produce the animated films and live shots, technology is forever expanding and growing. The Film and Television industry is a major contributor to the Australian economy, directly contributing $5.8 billion to Australia’s GPD (Gross Domestic Product). In this essay I will discuss the positive and negative effects of paid television and streaming services on the industry and whether those effects will be positive for the industry’s future. The key features I will be looking at are;