The U.S. Media And Entertainment Industry Is Comprised

External – content, consumer income, marketing of movies relies on studio production companies, split sales with distributors

No less contested than the term big data is the question of what is meant by ‘Hollywood.’ For the sake of this essay, the term ‘Hollywood’ serves as a metonymy for the American motion-pictures industry. As Scott (2005) notes, Hollywood as a term has come to stand in for ‘the largest and most influential cultural-products agglomeration in the modern world’, though it is by far not the only one (2005: 10).1 Yet, Hollywood has become the centre of the international film industry. Thanks to a strong pre-existing cluster and agglomeration effects that reinforce its position, the United States role as one of the largest film markets, the ability to create products that appeal to both a domestic and international

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 development of the motion picture industry was brought to you by many directors and writers through out history. Movies are a very important part of American culture, people went to the movies to escape the humdrum of their everyday lives. They were a way for people to put themselves into the lives of others and in situations they would usually never find themselves in. Simply put movies were a way to escape into a new more exciting world, even if just for a little bit. In the beginning there were a few production companies that would put out movies in an almost factory setting and manner. There were hundreds of workers, set designers, camera men, and other crews. With this amount of man power, companies would come out with hundreds of films a month. This is were directing and writing began to develop a style and narrative that would be carried into today's movies.

The Canadian entertainment industry that is served by Cineplex has been recording sustained growth since 2011 where a growth of 5 percent was recorded. PwC’s Global Entertainment and Media Outlook for 2014-2018 (PWC, 2014) indicate that the industry is set for a take-off. The industry has a

The media industry in the United States of America (US) is one such industry. As a powerful communication tool, the media has attracted many companies but only a handful has grown big. These media giants have dominated the local market and are currently seeking to conquer the global media industry in search of better profits.

In what ways have various forms of entertainment media shaped American culture and its values?

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

Today, American film is among the most internationally supported commodities. Financially, its contributions are enormous: the industry is responsible for the circulation of billions of dollars each year. Since its explosion into the new media markets during the mid-twentieth century, film has produced consistently growing numbers of viewers and critics alike. Sparking debate over the nature of its viewing, film is now being questioned in social, political, and moral arenas for its potential impact on an audience. Critics claim that watching films is a passive activity in which the viewer becomes subconsciously absorbed, and creates a reliance or "addiction" to the medium, and thus

The five major conglomerates that control the US media are Time Warner, Disney, Murdochs’ News Corporation, Bertelsmann of Germany, and Viacom (formerly CBS). They dominate most of the newspapers, magazines, books, radio and TV stations, movie studios, and much of the internet news content of the US. After the Second World War, three out of four of US newspapers were individually owned. The media-control has reduced ever since due to mergers, acquisitions, and other processes. By the year 1983, about 50 corporations controlled 90 percent of US media. Contrary to this, today five conglomerates control 90 percent of what most Americans read, watch, and listen to.

This article is relevant to this week 's topic because it reinforces and highlights the important fact that Hollywood is no longer an American or Western exclusive industry. In fact, the Hollywood of today is practically Global Hollywood.

Based on the previous module assessments, NBC Universal’s preliminary focus should be geared toward the film industry. The recent trade deal, between both the U.S. and Chinese Governments, lowered a 20-year-old quota on U.S. films and distribution fees in the Chinese film industry. This signifies productive progression within the film industry, even though small in nature, but nonetheless this could equate to significant profit gains for all the FMO’s within the market.

As the movie industry moved into the 80's and 90's a new and distinctive type of film emerged. This new style was the Hollywood studio blockbuster. As the studios began making more and more blockbusters a vacuum was created that independent film makers were happy to fill. Though opposites in style, they compliment one another in the main goal of Hollywood: making a profit. These two distinctive styles of film have simultaneously worked together to see the reemergence and recovery of the movie industry.

Universal Pictures, or Universal Studios, has been around for a little over a century and it is currently regarded amongst the top six movie studios in America. It grosses billions of dollars in revenue annually and produces major hits and movie stars. Universal is also owned by a giant media conglomerate known as NBC Universal, which is quite different from its humble beginnings. This paper will provide a brief insight into the relationship between Universal Pictures and its impact on the movie industry along with how Universal became a big name in Hollywood.

This provides the ability for producers of independent and niche films to be introduced to consumers around the globe.