POL 128 Lecture Notes - Rupert Murdoch, Making Money, Product Placement

• School: Ryerson University
• Department: Politics and Public Administration
• Course: POL 128
• Professor: Joseph Zboralski

Document Summary

10,000-12,000 companies involved in lm making today: cultural products account for the most sales in us, industry is dominated by warner brothers, paramount, columbia, 20th century fox, Universal, and disney: each studio makes about 10-15 major lms a year, and about a dozen minor, average lm today costs million, blair witch project (,000 budget) made indie lms popular. Breakdown of studios: warner brothers: aka time warner, was bought by aol at one point, but has since separated and is now owned just by time magazine. . 7 billion/year: paramount : owned by viacom. billion/year: 20th century fox: owned by news corp (rupert murdoch). . 7 billion/year: nbc/universal: owned mostly by comcast (used to be owned by general electric). billion/year: disney: largest entertainment company, biggest pro t margin. Other ways studios are making money: ancillary rights- selling rights to tv, net ix, etc.