POL 128 Lecture Notes - Lecture 6: Sony, Communications System, Cultural Globalization
20 Apr 2017
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Global box office - b (how much people spent on going to movies. Movie industry is dominated by studios have been bought up by much bigger media corporations. 20th century fox: owned by bigger media company called news corporation famous ceo, 2014 . 7b, owns fox television. Paramount (viacom: revenue . 7b, owns cbc. Columbia (sony corporation: . 4b, bit of a decline does(cid:374)"t keep up (cid:449)ith te(cid:272)h(cid:374)ologi(cid:272)al (cid:272)ha(cid:374)ges. Mgm: studio that made wizard of oz, went into bankruptcy, purchased by private investors, not owned by large corporate, privately owned. These studios have found ways to make money. If the fil(cid:373) (cid:271)o(cid:373)(cid:271)s, it does(cid:374)"t (cid:373)atter (cid:271)e(cid:272)ause they are i(cid:374)(cid:448)ol(cid:448)ed i(cid:374) i(cid:374)depe(cid:374)de(cid:374)t film production. Looking at why and how films are successful. Five most successful films in 2016: (all produced by disney) . 15b: rogue one star wars . 04b, finding dory. Cater to young adults or children (adventure and animated) Foreign markets have been more important than domestic markets.
