black widow Flashcards
Conglomerate?
Most major media companies are conglomerates that own a range of smaller companies (called subsidiaries). An example of this is Disney owning Marvel.
Vertical integration?
when a company buys another company that has a different production process. this gives them a chance to make money at every stage of production. disney and pixar
horizontal integration:
Horizontal integration is when one company buys other companies at the same level of production process.
E.g Facebook acquired Instagram in 2012 (at a cost of $1 billion) so that they could cancel out the competition by making money from both. Horizontal integration allows companies to widen their audience and find other ways to make money.
Synergy
Synergy is when a company creates a brand that can be used across different media products and platforms. E.g Disney makes movies but then also has related stage shows, theme parks, merchandise, soundtracks and events.
what is a film franchise?
A film franchise is a series of films or multi-picture stories, often including some of the same characters from film to film.
Franchises have become even more important than individual stars. They consist of connected universes (e.g. Star Wars, Marvel’s Cinematic Universe, DC Extended Universe etc) and many sequels.
is black widow a blockbuster movie?
YES.
Black Widow is a blockbuster movie. A blockbuster is a major studio movie that’s made with a large budget, big stars and often involves a franchise.
A true blockbuster is extremely popular and brings in a lot of money. Typically, a blockbuster is a summer movie that audiences line up to see the first weekend it’s released.
disney and marvel:
In 2009, The Walt Disney Company acquired Marvel Entertainment for US$4 billion.
The Walt Disney Company now owns Disney Pictures, Marvel Studios, Lucasfilm and Pixar.
walt disney:
Walt Disney Studios are one of Hollywood’s major film studios and generated an income of $2.4 billion in 2017. This means that they can afford to make more expensive films, market them around the world at great expense and ensure that they are hugely profitable.
star power:
Star Power implies that people will want to see a film with a certain star in it. Most mainstream films and blockbusters will use Star Power to attract audiences to their film. The main star in Black Widow is Scarlett Johansson who is very well known and has established fans.
marketing implications
Walt Disney Studios had a huge budget to make and market Black Widow although the success of the film was badly affected by the Covid-19 pandemic closing cinemas.
marketing strategies:
- posters and teaser trailers on TV and in cinema.
- Stars of the film appeared on a range of TV chat shows and press events.
- Film trailers were released on YouTube and in cinemas.
- Social media profiles on TikTok, Instagram, Twitter and Facebook. Social media and YouTube advertising was also heavily used by Marvel to promote the film including using tweets from audience members on massive billboards.
covid 19:
The Covid-19 pandemic has had a huge impact on the film industry and changed the release strategy for many films. While cinemas are still the primary way of making money for the film industry, some movies are being released to streaming services alongside cinema - or bypassing cinema altogether.
Was the film a global box office hit?
Black Widow’s success is difficult to judge due to the Covid-19 pandemic.
budget and profits:
Black Widow’s budget was $200m and it only made $379m at the worldwide box office due to the pandemic. Marvel would have spent well over $100m on marketing the film globally so the profit level is very low. Most Marvel films have made around $1 billion at the box office.
However, this doesn’t take into account revenues through Disney+ so Black Widow may well still make Marvel and Disney a profit in the end.
regulation:
Films in the UK are regulated by the British Board of Film Classification (BBFC).
Black Widow was awarded a 12A by the British Board of Film Classification (BBFC). It was deemed to have “moderate violence, injury detail”, yet was not too graphic.