Walt Disney pictures vs Working title films BY
Walt Disney pictures vs Working title films BY: NADIA ANSARI
Walt Disney pictures The Walt Disney Company, commonly known as Disney, is an American diversified multinational mass media and entertainment conglomerate, headquartered at the Walt Disney Studios in Burbank, California. It is the world's second largest media conglomerate in terms of revenue, after Comcast.
Who owns the channel Disney was founded on October 16, 1923 – by brothers Walt Disney and Roy O. Disney – as the Disney Brothers Cartoon Studio, and established itself as a leader in the American animation industry before diversifying into live-action film production, television, and theme parks. Robert A. Iger is Chairman and Chief Executive Officer of The Walt Disney Company. Mr. Iger has built on Disney’s rich history of unforgettable storytelling with the acquisition of Pixar (2006), Marvel (2009), and Lucasfilm (2012), and the landmark opening of Disney’s first theme park and resort in Mainland China, Shanghai Disney Resort.
What kind of films do they produce? In 1937, the Walt Disney Studios released its first fully animated feature film, Snow White and the Seven Dwarfs, and pioneered a new form of family entertainment. More than seven decades later, Walt Disney Animation Studios continues to honor its heritage through animated films that combine beautiful artistry, masterful storytelling and groundbreaking technology. Disney suffered a major setback in 1941 when the studio’s animators went on strike for three months. Disney took the action personally, and many of the studio’s top animators were compelled to resign. The enthusiastic mood within the studio had been permanently dampened, and the studio produced little on the level of Pinocchio or Dumbo for the next decade, concentrating instead on short cartoons, nature documentaries, and features that combined live action and animation such as The Three Caballeros (1945) and Song of the South (1946). The feature-length cartoons Cinderella (1950), Alice in Wonderland (1951), and Peter Pan (1953) were considered fine efforts, but many felt they lacked the panache and dimension of the early ’ 40 s features. The Lady and the Tramp (1955) was a return to form, but Disney’s attention was by then increasingly devoted to live-action features, television productions, and his new theme park, Disneyland
How do they fund their productions? It's an exciting time for Disney. With a flurry of successful superhero movies, the animated juggernaut Frozen, and new Star Wars movies on the horizon, things are looking up. Meanwhile, the company's stock is up around 500% since 2009. But where does Disney's money really come from? As you'll see in the graphic below, The Walt Disney Studios films actually account for a fairly small percentage of their revenue.
Vertical and horizontal integration are companies that produce a project from scratch and finish it all. Vertical integration is sharing different things at the same time then combing them together to form a product that satisfy the common need. Horizontal integration is buying organization/competitors to present a good quality work by letting the organizations work to deliver a great Film or Channel. Massive companies do this. an example : Walt Disney is one of the largest vertical and horizontal corporate. Bob Iger is the moderator of The Walt Disney; The Walt Disney owns and run the American broadcasting company (ABC) and other cable television network such as Disney Channels, lifetime and ABC family
What other companies/brands do they own? 1. Disney/ABC Television Group 2. ESPN, Inc. 3. Walt Disney Parks & Resorts U. S. , Inc. 4. Lucasfilm Ltd. LLC 5. Marvel Entertainment, LLC
What other countries is the company presented in? WALT DISNEY IS GLOBAL COMPANY THEREFORE THEIR FILMS ARE SHOWN INTERNATIONALLY ALL OVER THE WORLD.
Working title films Working Title Films Limited is a British film and television production company, owned by Universal Studios. They produce feature films and several television productions.
Who owns the company? Working Title Films was co-founded by producers Tim Bevan and Sarah Radcliffe in 1983. In 1992, Poly. Gram became the company's corporate backer. Radcliffe left Working Title, and Eric Fellner, a fellow independent film producer, joined the company
What kind of films do they produce? Working title films produce any type of movie from action to adventure and drama leaving their audiences with a wide range of genre selections and documentaries to choose from.
How do they fund their productions? Product Placement is a form of advertisement, where branded goods or services are placed in a context usually devoid of ads, such as movies, music videos, the story line of television shows, or news programs. Traditionally the product placement is not disclosed at the time that the good or service is featured. It is a key aspect in of funding in the TV and film industry as it’s a form of self-advertising. Product placement is used to get brands seen by the audience, but putting particular brand into movies/TV programs it dramatically increases the target audience awareness for the product. ‘So, for example, a fashion company might pay a famous celebrity to wear its clothes during a program, this is used for commercial interests. The product gets more publicity and draw different commercial interests in other sectors. It also benefits the media company as the get extra funding for allowing a product to be shown on the Program/Movie. In the film industries film making is expensive; A UK film costing £ 3 million to produce is considered a low budget. Funding typically comes from – distributors who buy the rights to films before they start producing or Private investors hoping to have a share in any profits the film might make. Another form of funding for the Film industries is through the Development funds, for example, the UK film council which is a non-departmental public body set up in 2000 by the Labor Government to develop and promote the film industry in the UK. If a film is made by a major studio, as with 20 th Century Fox for example the film Avatar (2009), then the studio will fund the film themselves. The company headed by Tim Bevan and Eric Fellner is responsible for 96 films grossing $4. 8 billion worldwide, 60% of which came from Universal’s 46 Working Title releases. (Working Title started off indie until 1992 when it was acquired by Polygram until 1999 when Universal bought Polygram and with it, Working Title. )
What other companies/brands do they own? WT 2 Productions: In 1999, Bevan and Fellner launched a subsidiary company named Working Title 2 Productions, commonly known as WT 2. The company is an independent film production arm Working title tv division: Working Title has been active in television production since the early 1990 s. In 2010, Working Title officially launched its TV division as a joint venture with parent company NBCUniversal, itself owned by Comcast. Since then, they have produced content for both British and American television. Notable productions and co-productions developed by Working Title Television (WTTV)
What other countries is the company presented in? Ø Working Title TV is based in London and LA and is a joint venture between NBC Universal International, Tim Bevan and Eric Fellner. The UK office is headed up by Andrew Woodhead, the LA office by Andrew Stearn. The UK office is currently developing projects across all UK broadcasters and has excellent co-production relationships with US broadcasters including NBC, HBO, PBS, ABC and BBC America.
Comparison Privet companies Independent companies are companies which work on their own; they can make decision on their own and are free of influence by government or corporate interests. Independent companies are different to subsidiaries as Independent companies are not owned by any conglomerate. An advantage of an independent company is that all the money the company makes is its own profit instead of being shared with other companies. A disadvantage of an independent media company is that they often find it difficult to survive against competition from bigger companies that are owned by conglomerates as they are better known, which reduces their source of income resulting in bankruptcy. Although if an independent media company is successful they are bought by larger conglomerates for massive amount of profit, for example ‘SO Television’ was bought by ITV. Private Companies are companies that are either owned by non-governmental organizations or by a relatively small number of shareholders or company members which does not offer or trade its company stock (shares) to the general public on the stock market exchanges, but rather the company's stock is offered, owned and traded or exchanged privately-(Google). Private companies are very similar to independent companies; the only real difference is that private companies can choose their shareholders. Private companies don’t need to meet the strict exchange commission requirements that public companies have to, like having to give a certain percentage of their income to the government.
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