Friday, 30 January 2015

Independent vs Hollywood

Independent Films: film production resulting in a feature film that is produced mostly outside of the major film studio. 

Hollywood Films: the entertainment industries involved in producing and distributing blockbuster movies.

Some films are made independently rather than by a major film distributor studio. The Hollywood film industry is so dominant of the whole film industry because many people who want to see a new release will almost 100% of the time go to see a film in a multiplex cinema. 

Successful British films like 'Slumdog Millionaire' (2008) and the Harry Potter (2001-2011) series can only be thankful for their success due to distribution by Twentieth Century Fox. This means that the profits of these films does not all go back into the British film industry. 

Commercially successful British films, e.g. 'The Inbetweeners Movie' (2011) have higher production costs than independent films such as 'Happy Go Lucky' (2008) because the aim of the directors for these films is to gain critical success through the art of film making rather than commercial success.


Costs involved in making a Hollywood movie include:
  • Budget
  • Story Rights
  • Screenplay
  • Director
  • Producers
  • Cast
  • Production
  • Visual Effects
  • Music
  • Marketing

Ways of how Hollywood movies try to break-even include:
  • Box Office
  • DVD/Blu-Ray Sales
  • Merchandising
  • TV Releases
Information from: Blockbuster Economics - BBC Article. This article was useful as it has given me an insight on how expensive the Hollywood film industry is with how many costs that go into producing and distributing a film. 


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