Hollywood Terms
Fordism - is the way the owner of fords methods of manufacturing assembly line is used in the film industry because one person is assigned to one particular task and one job. Just like in the film industry the editing is done by the editor. Since it is also Standardised.Vertical Integration -refers to a companies owning and controlling all the means of production, distribution and consumption.
Antitrust Laws - it is where the state government law conducts and regulates the organization of business corporations, generally to promote fair competition for the benefit of consumers.
Conglomerates - a big company that own small businesses. A media conglomerate, media group, or media institution is a company that owns numerous companies involved in mass media enterprises, such as television, radio, publishing, motion pictures, theme parks, or the Internet.
Oligopoly - An oligopoly is when a few firms dominate a market. When the larger scale media companies buy out the more smaller-scaled or local companies they become more powerful within the market.
Package Production - An individual independent production companies put together a production - the studios 'buy into' the film offering money in exchange for distribution rights and leasing out facilities.
Production Companies - they help create the film as they assist with budgeting, scripting, casting and more. the company usually look over the film when it is an idea to completion.
Distribution Studios - they are produced and distributed by an independent production company and independent distributor (meaning outside the studios), generally an international sales agent handles the licensing of international rights to the film.
Exhibition - where the film has been released and it is the retail branch of the film industry. It involves not the production or the distribution of motion pictures, but their public screening, usually for paying customers in a site devoted to such screenings, the movie theatre.
Blockbuster Films - these films have large production budgets and even larger marketing budgets. they are realised globally and will often gross more outside of the US than they do within.
Copyright Laws - originally copyright for stories and characters would last for a maximum years of 56 years. This became and issue for Disney, since everyone else could make mickey mouse so they would lose money and revenue, because of Disney copyrights law live on for a longer time now until to 2023. Under this law all over movies and characters are also protected, with Mickey mouse.
Synergy - the use of licensed products both generated income and helped with marketing.
Licensed Products - these are revenue sharing partnerships with toy or clothing store etc. manufacturer, splitting profits with the distributors.
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