EVT60604 Chapter 11

Changgeuk in South Korea is an example of

• Movie

• Live Performance

• Television Show

• Spectator's Sport

Sydney’s Opera House is a non-reputable international venue

• True

• False

  Netflix is the evolution of

• Spectator's Sports

• Live Performance

• Television

• Movie Industry

in which category migration of people across national borders has contributed to the global nature of their business

• Televison

• live performance

• spectator's sports

• movie industry

4 common entertainment categories around the world

• movie industry, live performance, television, spectator sports

• television, computer, movie, Netflix

• romance, thriller, comedy, horror

• television, movie industry, live performance, business events

The concept is the same around the world but only the (a)   is different

A (a)   population has spread people around the globe in places far from their country of origin

The more........... and the more ........ available, the more consumers will spend on entertainment

(a)  

why sports that have succeeded commercially are widely recognized as being businesses in the entertainment industry

• can attract more participants

• ability to create a lot of businesses for tourism         

• Get screen time on television

• attract repeating audiences

(a)   increasingly important for films, regardless of where they are made

Answer explanation

Ancillary sources of revenue" in the context of the film industry refer to additional sources of income or profit that a film can generate beyond its primary or core revenue streams. While the primary source of revenue for a film typically comes from box office ticket sales, ancillary sources of revenue can include various other income streams that can contribute significantly to the financial success of a film. These sources can be important for films, regardless of where they are produced, because they help maximize the return on investment for the filmmakers and studios.

some examples are:

>Home Video Sales: This includes DVD and Blu-ray sales, as well as digital downloads and streaming sales.

1. >Television and Streaming Rights: Licensing the film to be shown on television networks or streaming platforms can be a lucrative source of income.

2. >Merchandise Sales: Films often lead to the creation and sale of merchandise such as toys, clothing, and collectibles.

3. >Soundtracks and Music Rights: Revenue from the sale of the film's soundtrack and licensing music for use in the film.

4. >Product Placement: Earning money by featuring products or brands within the film itself.

5. >International Distribution: Selling the film's distribution rights to international markets can be a significant source of revenue.

6. >Syndication and Cable TV: Selling the rights for the film to be shown on cable TV or in syndication can generate ongoing income.

7. >Ancillary Markets: This can include revenue from airline and hotel screenings, as well as educational and institutional sales.

8. >Digital and VOD (Video on Demand): Income generated from digital rentals, video-on-demand services, and streaming platforms.

9. >Sponsorships and Partnerships: Collaborating with brands for promotional tie-ins or sponsorships related to the film