The Reality Of Entertainment Media

Hollywood today spends more money on movies than ever before, with an average budget of $140 million per movie. ‘Pirates of the Caribbean: On Stranger Tides’; the most expensive movie ever made; cost approximately $378.5 million and that was five years ago. This isn’t surprising since history is witness to a rising trend in money spent on movies, however, even after adjusting for inflation, their impact on the industry isn’t as large as their budgets. Over the years, lower cost productions like B-Movies have played a major role in carrying the industry forward by keeping it stable, moving and profitable in times of trouble. B-Movies came to be the need of the hour after The Great Depression and World War II. Money was tight everywhere and Hollywood could not continue making extravagant movies therefore they turned to low budget commercial films. These movies not only have an economical significance in Hollywood, they have made more than one contribution to the industry. These low risk movies provided directors, writers and producers with a wide scope for experimentation and led to the creation of many genres and sub-genres. The origins of B-Movies are humble but over the years that they grew in Hollywood, they became more significant and successful, yet their progress from “Rags to Riches” remains more a behind-the-scenes heroic act than a superhero effort.

The movie exhibition industry dates back to the first ever movie theatre1, a commercial space which was created to show projected motion pictures. From then to the present age the movie exhibition industry has been successfully running businesses and the major four big players in this business are Regal entertainments, AMC Cinemas, Cinemark and Carmike Cinemas. The revenues of the these companies have been at a higher rate, but the movie industry is still finding many obstacles as the technology is becoming easily accessible to the common man. This paper will look into the various aspects of the movie industry, its environment and keenly look into their potential threats in the near future and give some strategic solutions for the presumed complications they might face.

4. Din, Yangon. (2007). Titled: The dynamics of the movie industry: Theatrical Exhibitions & DVD rentals. The University of Wisconsin.

The year is 1975, and the film industry's catalyst is Steven Spielberg's Jaws. Millions of people packed into air-conditioned theaters to escape the summer heat, and thus the summer blockbuster, and an American tradition, is born. Along with mall culture and fast food, summer movie-going seems inherent to the culture of the United States, indicative of the values of mass consumption as well as the prioritization of convenience.

Hollywood has become synonymous to great cinema, be it American or an international equivalent, it always comes back to a Hollywood comparison. Classical Hollywood style exhibits clarity, unity, goal-orientated characters, and closure, while most other elements are set aside to further progress the cumulative buildup of narrative. Often referred to as the “invisible style,” because it relies on this “unobtrusive craftsmanship,” classic Hollywood practices ensure viewers will be completely immersed in a film without focusing on the literal separation between the screen and the audience. However, with as much importance creativity is placed upon the film industry, profit is also a huge factor in the filmmaking practice. There are certain genres

Netflix has quickly become a household name by saturating the market with a new age way to rent movies. Established in 1998, Netflix geared its business to provide consumers with quick and easy access to their favorite movies without the need to leave their homes. As the business developed and other popular sites, such as YouTube, began to gain popularity Netflix entered the market of streaming online content. During the infancy of their instant service Netflix still relied heavily on mailing DVDs to offer their customers a wider range of movies and TV shows. However, as their steaming library grew the mindset of the company began to shift. As they transitioned away from their mailing movies, key

In “Could This Be the Year Movies Stopped Mattering?” writer Brian Raftery empathizes how present-day individuals are constantly absorbed towards social media and discover other alternatives to satisfy their entertainment needs. This led to the belief that movies are considered less significant. Furthermore, the author provides us with examples for instance, music, considered an unappreciated category of entertainment, yet unexpectedly, it is a resurgence and recurring item in today’s pop culture, and television, cinema’s long-time competitor in the entertainment industry. He also blames the sudden advancement based on the unexpected deaths of talented artists and a surplus of must hear albums from present artists. Meanwhile, in the year 2016, the issue about movies is that there are other available

2). Therefore, Hastings have changed the dynamics of the movie-rentals and entertainment industry in which people tend to watch movies whenever they want rather than waiting at video stores or entertainment channels. Moreover, Hastings adaptability of business towards the live streaming of TV shows has impacted the cable service industry because Netflix is providing its customers with the hundreds of TV channels at low cost and high portability (Copeland,

“Netflix has revolutionized how we watch television. Personally I think it is for the better,” daid Byrne. “If I have two hours before I need to leave the house I can watch two to four episodes of something and it let's me think about where the story is going while I am at work.”

In today society the media entertainment has become very large. Media entertainment is everywhere you look and hear there is no way to avoid it. The entertainment media has influenced and shaped the American culture for many years. It has provided the American society with a variety of different television and cable programs such as drama, sports, comedy, suspense, horror, documentary and the combination of the local and world news to attract different generations. We cannot forget the influence the radio stations programs have also provided to the American culture with a variety of different genre of music such as classical,

In the Post-World War II era of the late 1940’s into the 1950’s, Hollywood’s motion picture industry went through a rapid unexpected transition. During this time frame, weekly motion picture attendance dropped off tremendously from 90 million immediate post-war in 1945-1948 to 46 million in 1953. Many observers tend to attribute this downturn to the rise of the television, which surged to popularity during the same time period. Opposite to the declining trend of motion picture attendance, the trend of televisions in homes skyrocketed from only 940,000 in 1949 to upwards of 52 million by the end of 1950’s.2 Although it’s easy to point the finger at television for the decrease of moviegoers, there were other economic and social trends that played a major role as well. While analyzing these various factors along with television’s impact on the shift in motion picture attendance, this paper will also carefully outline

Hollywood today spends more money on movies than ever before, with an average budget of $140 million per movie. Pirates of the Caribbean: On Stranger Tides; the most expensive movie ever made; cost approximately $378.5 million and that was five years ago. This isn’t surprising since history is witness to a rising trend in money spent on movies, even after adjusting for inflation, however, their impact on the industry isn’t as large as their budgets. Over the years, lower cost productions like B-Movies have played a major role in carrying the industry forward by keeping it stable, moving and profitable in times of trouble. B-Movies came to be the need of the hour after The Great Depression and World War II. Money was tight everywhere and Hollywood could not continue making extravagant movies therefore they turned to low budget commercial films. These movies not only have an economical significance in Hollywood, they have made more than one contribution to the industry. These low risk movies provided directors, writers and producers with a wide scope for experimentation and led to the creation of many a genres and sub-genres. The origins of B-Movies are humble but over the years that they grew in Hollywood, they became more significant and successful, yet their progress from “Rags to Riches” remains more a behind-the-scenes heroic act than a superhero effort.

Netflix was created by Reed Hastings and Marc Randolph in 1997. In 1999 Netflix offered unlimited rentals a month for one low price. There was 239,000 people who signed up. Hastings was faced with a challenge from Walmart now that has passed there bigger threat is Blockbuster. People loved having unlimited due dates with no late fees, and it delivered right to there houses. Hastings got the idea when Blockbuster charged him $40 dollars in late fees. Subscribers of Netflix are streaming videos and episodes instead of watching it the first time on cable. Netflix is in trouble because Disney and Nickelodeon are thinking about pulling there shows away. If they do that Netflix will lose a lot of subscribers. Cartoons are a lot of the reason most

According to Jenkins ‘Convergence Culture: Where Old and New Media Collide’, It spectacles that the entertainment industry has taken the advantage of harnessing ‘New Media’ on traditional formats by focussing on the logistics and practices. This evidently helps to increase the popularity and the availability of audience participation through the use of updated technology. This is denoted through old technological formats via applying new interactive media to heighten the participation for numerous audiences. For instance, back in the day many industries i.e. entertainment had to depend on broadcasting and radio for the viewers to receive their audio or visual content. To do these industries had to send out signals globally through a large transmitter so that people can receive their content. Transmitting these signals

Starting off as a mail-only service in August of 1997, the service rapidly bloomed into an online, paid source for thousands of movies, series, and other TV shows. Although their streaming option is the most favored, Netflix still offers users the opportunity to order DVDs and other forms of tangible movies. All in all, Netflix holds a multitude of positive and negative effects on society, both which include instant accessibility, immediate forms of entertainment, binge-watching, and unproductivity. Lastly, Netflix may soon become an overwhelmingly large company that takes the television and video distribution industries by storm due to its growing popularity and its ability to be cheaper than regular cable