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IUB JOUR-J 110 - Movie Business

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Jour-J 110 1st Edition Lecture 19 Outline of Last Lecture I. Copyright & Fair UseII. Rise & Fall of Broadcast RegulationIII. Mandating FairnessIV. Telecommunications Act of 1996Outline of Current Lecture I. Challenges to the Movie Business ModelII. Meeting the ChallengesIII. Hollywood Today: The FormulaIV. The New ModelV. BollywoodChallenges to the Movie Business Model- TV- VCR, DVD- Netflix- Internet- HBO, CableMeeting the Challenges- 3D- Experience- Midnight premiers- Sensurround- Color- IMAX- Wide screens- The Blockbuster Era- Summer of 1975: JawsHollywood Today- Big Blockbusters- Or love budget, niche movies- Tie-ins & after markets: very importantThe New Model- Streaming & Netflix- Foreign sales- Computer graphics & visual effects draw audiences to big screen (spectacle)- Digital animation saves money- Short head & long tailExample: Inception- Big name director: Christopher Nolan- Big name actor: Leonardo DiCaprio- Visual effects, IMAX, dream sequences- Budget: $160 million- Nearly $300 million domestic box office- More than $540 million foreign box office- DVD & Blu-ray sales: more than $160


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