IUB TEL-T 207 - t207 lecture after midterm (9 pages)

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t207 lecture after midterm



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t207 lecture after midterm

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Pages:
9
School:
Indiana University, Bloomington
Course:
Tel-T 207 - Intro to Telecom Indust & Mgmt

Unformatted text preview:

T207 lecture second half 10 15 2013 last Thursday early period of Hollywood early video evolved from photography the technology to record and display video is key in this market so much of the early power was vested in the inventers and manufacturers The Motion Pictures Patent Company 1908 Placed restrictions on several factors No imports Limited lengths No star actors All filming and exhibition must pay a license fee Film supplies and results were price fixed 10 15 The Film Patent Trust vs The Pirates Who were the pirates Where did they set up shop and why And what happened to the Film Patent Trust A federal district court ordered their dissolution in 1915 AT t in position where they purchased WU and had monopoly powers and were setting up something that would interfere with trust laws Cooperate with government the pirates transform themselves the studios were born but what were they Their origins are obfuscated by their vertical integration Why vertically integrate Production distribution exhibition Get greater profits Greater return to scale Early production in the studio system Balance between director producer and studio Studio owns producer director Who s the gatekeeper Its an issue of financing and return on investment But this is in an era when the idea of a bank funding a cultural product was unheard of What range of artistic choices would be allowed Partially a function of the types of deals o Multiple firms per year for multiple years like chaplin s deal o No real rights because you have an option contract Early distribution in the studio system Consolidations like the first national film distribution circuit IPO money Supply side leverage Bundling book blocking and theater chains Production code Series of standards that wanted to make sure whatever was being shown had good values Antitrust law Every contract combination or conspiracy in restraint of trade or commerce is declared to illegal Every person who shall monopolize or attempt to monopolize any



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