With the rise of new and increasing forms of entertainment what can the movie industry do to remain competitive

The Business and Economics of the Film

Chose 2 of the following topics, write a 2-page, double-spaced essay for each with 1 inch margins, 12-point Times New Roman font and 3 references. Address each question specifically and support your arguments with proof from our class materials, reading, and real life examples.

ESSAY 1. AUDIENCES

A. With the rise of new and increasing forms of entertainment, what can the movie industry do to remain competitive?

B. How are consumers’ tastes changing?

C. What has happened to the critical young teen audience?

D. What strategies can the industry take to lure back the teens?

C. Are there other neglected audience sectors that could be cultivated as theater goers?

ESSAY 2. FILM MARKETING

What are 6 ways to advertise a movie?

Describe 3 key components to a marketing campaign?

C. What is the most effective advertising medium for film?Why?

D. What are 3 different theatrical release patterns for films?

ESSAY 3. FILM DISTRIBUTION

As DVD revenues fall and eventually the revenue fades to nothing, PPV, VOD and Internet streaming and downloads are not enough to make up for the money that DVD used to bring in. What should distributors do to increase revenue from PPV, VOD and the Internet? Detail specific examples in distribution and marketing, making reference to 2 movie campaigns that are effective in their PPV, VOD, Internet strategy, and 2 that do not.

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