Evaluation Question 3: What kind of media institution might distribute your media product and why?
We found that the 1980's classic, "the shining" bared a similar resemblance to our film, with both films focusing heavily on the human mind and psychopathology. The Shining was financed and distributed by Warner Bros and made by Hawk Films. The film had a large budget of $19,000,000 and made an even larger $44,017,374 domestic total gross in the USA box office. The film had a profit margin of over double its budget, and $622,337 was made on the first weekend of release.
Based on the shining s success and the likeness of it and our film, my team mates and I decided that Warner Bro's TM would be the most suitable company to distribute and finance our movie. Warner Bro's TM also have a great track record, being as though they are a multi-billion dollar conglomerate, that finance all sorts of films, including rather a lot of horror films, recent examples including the conjuring. The big corporations hunger to engulf smaller businesses and thirst for wealth also make them ideal financiers, and with a budget of about £10,000,000 (lower than there average production and including our young, arguably green cast) I'm almost certain that they would be happy to take up such a given opportunity.
I project that our film will make around $30,000,000 in the box office, as there is a real demand from teenagers for horror films, but due to it being a new IP it is unlikely to generate substantial profits similar to franchises with an already large fan-base such as the Friday the 13th films.
All in all, horror films are cheap, seemingly limitless cash loop, with industries generating ludicrous sums of money from extremely high consumer demand.
No comments:
Post a Comment