Hp tech unit 1
- 1. HP TECH UNIT 1 – Media Institutions By Ethan
- 2. Ownership Celador was founded by Paul Smith and acquired a management team that shares ownership of the production company. In this case its Danielle lux who's the managing director, Heather Hampson the director of productions and Murray Boland the head of factual. They were brought out by complete communication and then they were sold to 2waymedia. In 2004 Celador commenced a legal action against Disney for unpaid profits form Disney's licensing of the program in the US. In 2010 Celador was awarded $269 million in damages which helped them fund most of there product.
- 3. Operating Model Film 4 co-finances various productions, meaning they can fund up to half of the main total of a production. As part of the BBC TV license they are required to co-fund or fund seven films a year. The BFI are a funding organisation that co-funds films. To get the other half of the funding for their production will have to go to private or corporate investors. Due to Celador owning the TV show ‘Who Wants To Be A Millionaire’ and Film 4 having rights to the book that was the base of Slum dog Millionaire, they decided to help each other by splitting the funding of the production. To be able to fund The Descent, Celador sold rights to Pathe films and then used that money and added it to the funding of the Descent. However they kept the cinema UK rights. All the crew on the production of the decent were all freelance, meaning that it was cheaper for celador allowing them to keep some fund for future productions.
- 4. Products Television You Are What You Eat The Detectives Its Been A Bad Week Films Centurion Dirty Pretty Things Separate Lies Radio The Breeze Network Sam FM Stations Anglian Radio Network
- 5. Market Position & Competition DNA Films have been one of the most successful production companies in the UK. In the recently released Trainspotting 2, DNA Films spent $18 million and got $41.6 million in its box office. Film4 Productions – Is still a leading player in the UK film production market, involved in the productions of up to 12 films a year. Celador films is one of the main competitors for this company, however they sometimes partner up in some production. Film4 spent a total of $1.5 million on Trainspotting and got a box office of 48 million. Sony Pictures Entertainment – in this case Sony Pictures is above Celador in market position consider the variety of production they own and produce. And finally for Sony entertainment, they spent a total budget on 200 million and got a box office of 783.8 million back. To compare Sony made the most from its movie releases.