Thursday 13 October 2011

Film Financing


Film finance is an aspect of film production that occurs during the development stage prior to pre-production, and is concerned with determining the potential value of a proposed film. In the United States, the value is typically based on a forecast of revenues, beginning with theatrical release, and including DVD sales, and release to cable broadcast television networks both domestic and international  licensing.
DreamWorks LLC today announced that it has closed two major financing transactions totalling $1.5 billion. The new financing consists of a $1 billion film securitization the first of its kind in the film industry as well as a $500 million revolving credit facility. Together, these financings replace the Company’s existing financing arrangements at a substantially lower cost of capital and extend the Company's access to debt capital until at least October 2007. DreamWorks has been able to secure $150 million of the $325 million in debt financing they're currently seeking.
Pixar Animation Studios keeps computer-generating hits. The company has produced about a dozen full-length animated movies, including the first fully computer-animated feature "Toy Story", as well as the more recent Cars 2 and Toy Story 3. RenderMan was used to create some of the dinosaurs in Jurassic Park and space creatures in the Star Wars films. Pixar has accounted for a large chunk of the animation box office in recent years. Its films are released by Disney, which in 2006 bought Pixar for $7.4 billion.

Friday 7 October 2011

Paramount pictures

Paramount Pictures.
Paramount pictures corporation is an American film company located in Hollywood, paramount pictures was founded in 1912 and currently owned by media conglomerate Viacom, it is Americans oldest existing film studio it is also the last major film studio still headquartered in the Hollywood district of los Angeles.
Paramount pictures can trace it beginning to the creation in May 1912 of the famous player’s film company, found by Hungarian   born Adolph Zukor 
In 1927, Famous Players-Lasky took on the name Paramount-Famous Lasky Corporation. Three years later it was later known as Paramount-Publix Corporation.
Paramount Pictures Inc. was split in two. Paramount Pictures Corporation was formed to be the production distribution company.
In 1966, a sinking Paramount was sold to Charles Bluhdorn's industrial conglomerate.
In 1970, Paramount teamed with Universal Studios to form Cinema International Corporation. Metro-Goldwyn-Mayer (MGM) would become a partner in the mid 1970s. Both Paramount and CIC entered the video market with Paramount Home Video (now Paramount Home Entertainment) and CIC Video, respectively.
On December 11, 2005, The Paramount Motion Pictures Group announced that it had purchased DreamWorks SKG in a deal worth $1.6 billion.

Channel 4

Channel 4.
Channel 4 is run by a chief executive, whose role can be compared to that of the Director-General of the BBC. Channel 4 is a British public service television broadcaster which began working on November 2nd 1982. Although largely commercially self-funded, it is publicly owned originally a subsidiary of the Independent Broadcasting Authority (IBA), the station is now owned and operated by the Channel Four Television Corporation, a public body established in 1990, coming into operation in 1993, Channel 4 became a UK-wide TV channel for the first time.0+
Along with channel 4 there is also: Film4, E4, More4, 4Music, Channel 4’+1’, 50% of Box Television, Channel 4HD, 4Radio and 4Od/catch up.
In 2007 Channel 4 had bought 50% of Box Television Ltd for £28m from Emap plc.   It has since emerged that, as a result of Emap's decision to sell off its divisions in a break-up sale of the group, Channel 4 may be interested in acquiring the remaining half of the business. Box TV operates seven music TV stations (4Music, The Box, Smash Hits, Kerrang!, Q, Kiss and Magic).
Channel 4 was established with, and continues to hold, a remit of public service obligations which it must fulfill. The remit changes periodically, as dictated by various broadcasting and communication acts. And is regulated by various authorities channel 4 has been answerable to originally the IBA. Then the ITC and now Ofcom.
History of channel 4.
At the time the fourth service was being considered, a movement in Wales lobbied for the creation or dedicated service that would air welsh-language programs. The campaign was take so seriously by Gwynfor Evans (Was a welsh politician, lawyer and author) former president of plaid cymru that he threatened the government with a hunger strike were it not to honour the plans.
Funding of channel 4.
During the stations favourite year , funding came from ITV companies in return for their rights to sell advertisements in there region on the fourth channel. Nowadays it pays for its self in much the same way as most privately run commercial stations i.e. through the sale of on air advertising, programme sponsorship, and the sale of any programmes content  and merchandising rights it owns, such as overseas sales and video sales. It also has the ability to subsidies the main network through any profits made on the corporations other endeavours which have in the past included subscription fees from stations such as E4 and Film4 and its video on demand sales.
Channel 4 had also extended a movie themed-break for inception. A spokesman for Warner Bros' media agency PHD said it was the first time Channel 4 had extended the movie-themed break to accommodate one trailer.
Channel 4's total revenue for the year to 31 December 2005 was £894.3 million, of which £735.2 million was controlled by its main channel, and the remainder by its subsidiaries channels, sales of programming rights to other broadcasters, Operating profits for the year to 31 December 2006 fell 70% to £14.5 million from £56.9 million in 2005.