Business/General Terms Flashcards

1
Q

vertical integration

A

when one conglomerate owns different companies in the same chain of production
- Production, post-production and broadcast

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2
Q

Horizontal integration

A

when media companies own several businesses of the same value

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3
Q

benefits of vertical integration

A

many sources of profit
complete control of product
more money in long term

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4
Q

benefits of horizontal integration

A

can profit off same thing
reduced competition
increasing synergies

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5
Q

synergy

A

when a company creates a brand that can be used across diff media products and platforms

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6
Q

conglomerate

A

a very large organisation that owns different types of media companies

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7
Q

consolidaiton

A

the joining together of smaller companies to create bigger companies

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8
Q

subsidiary

A

a company owned by a parent company/conglomerate

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9
Q

360 marketing

A

when companies will advertise everywhere and to everyone
E.g. social media, merch, trad advertising, sponsorships, intertextuality

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10
Q

intertexuality

A

when two movies overlap with another work of art

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11
Q

star power

A

the power of a celebrity to attract an audience based on their involvement alone

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12
Q

distrubution types

A

trad: cinema and tv
digitial: streaming services

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13
Q

guerrilla marketing

A

marketing strategies beyound the usual film marketing methods
- I, Daniel blake being projected on the parliament house for example

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14
Q

BBFC

A

British Board of Film Classification
- responsible for classifying films that have a cinema and DVD release

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15
Q

Aspirer

A

want status brands that show their place in society. Happy to invest n luxury items. Consider themselves stylish and on trend.
Seek status and are endorsed by celebs

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16
Q

Explorer

A

Want to discover new things. Attracted to new and innovative brands.
Seek discovery

17
Q

Mainstreamer

A

Makes up 40% of pop. Like tried and trusted brands that have value of money. Think they are part of a larger group of like-minded people and are less likely to take risks.
Seek security

18
Q

Reformer

A

Defined by self esteem and self-improvement. Not influenced by status and aren’t materialistic. Socially aware ppl who are inclined to invest in brands that are good for them or the environment.
Seek enlightenment.

19
Q

examples of convergence

A
  • DM website includes sound and video clips as well as pictures, graphics and written copy
  • newspapers have a social media prescence on facebook, instagram, and twitter
  • newspapers create podcasts and video as well as written content