Who are Disney's competitors?
-Sony Pictures Entertainment Inc.
-Warner Bros. Entertainment Inc.
-Paramount Pictures Corporation
How are Disney Structured?
Disney are structured both horizontally and vertically integrated. They are vertical because they do all three aspects of the film industry, production, distribution and exhibition. However they are also horizontal because they have branched out into many other aspects of media i.e. music, TV, websites etc.
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BLUE=ALEX D
RED=ELLIOT
(Disney Section)
A: Today we're going to talk about what a media conglomerate is, and why disney is one of the biggest conglomerate out there.
(intro)
E: Disney is one of the largest most successful production companies in the industry. Its structured both horizontally and vertically integrated.
A: They are vertical because they do all three aspects of the film industry, production, distribution and exhibishion. However they are also horizontal because they have branched out into many other aspects of media i.e. music, TV, websites etc.
E: In owning these other companies Disney are able to broaden their market share and increase their distribution and advertisement of products on a much larger scale.
A: Disney have countless classic films, some more popular than others, but all very successful and have made the company a lot of money. Here's 5 of the most successful Disney film to date
(PAUSE)
at number one we have Frozen with a worldwide gross of $1,2 billion.
E: Next up is Toy Story with $1billion.
A: Then we have The Lion King with a solid $987,m
E: In close 4th with $970m its Despicable Me 2.
A: And finally 5th on our list is Finding Nemo grossing $936m.
E: Now that is a lot of money, but the scary thing is that they would make so much more if it wasn't for their big time competing companies, Sony Pictures Inc., Warner Bros. Entertainment Inc. and Paramount Pictures Corporation.
A: Disney is worth a huge 142 billion dollars. This figure alone shows how successful the conglomerate is but success can be judged in many different ways. In the last financial year disney had a revenue of 45 billion, they made this because nearly 100% of the profit made of anything they market goes back to disney.
E: As disney are vertically and horizontally structured they can make the film, exhibit the film and also distribute it. Not only that but they own their own stores, publisher and music label so when things like soundtracks, toys and books are sold all the money made goes back to the company.
A: Success can also be measured in how successful they are in the box office. Disney top 5 films in the box office are The Avengers, Pirates of the caribbean: dead mans chest, toy story 3, iron man 3 and frozen, all together they made over 2 billion dollars. I think that figures shows they a pretty successful.
Issue with only a few companies owning a lot.
E: The argument for this is that if few conglomerates own many companies there is no room for the smaller independant set ups because they are always overshadowed by a giant business. More often that not a smaller company gets swallowed by these conglomerates and there as been cases where that company has gone bust.
A: I think that one company owning lots of things is quite daunting, the statistic that 90% of the digital media is owned by one of the big conglomerates proves this. It shows you how much these huge corporations are part of your life because they own so much, Its quite scary and this is why I think the companies that are swallowed up keep their name, so that it isn't no evident how much they own.
New technology and development
E: Disney is a great example of a company that has adapted and innovated in terms of technology in the media. A very famous example is that they were the first to sync video and sound in an animation (mickey mouse in streamboat willie).
A: They have made technological advances that have made animation and film easier. They used widescreen first in a animation in lady and the tramp, they were the first studio to provide regular colour tv, created a new optical printer that allowed real time and animation in the same motion picture in mary poppins.
E: These are all quite dated innovations but they show how disney has developed. A more recent example is the first use of CGI in a feature length film, this was the 1995 classic toy story. Even now they are adapting and changing in the new animation big hero 6 the team at disney created a new software to get the best visuals for the film.
(BBC Section)
E: The BBC are a publicly funded corporation. This is because all of their funding comes from the TV license fee which, every home owner, business and organisation has to pay if they own equipment that they receive or can record live TV broadcasting onto.
A: This equipment includes a TV, computer, mobile phone, games console, digital box, DVD/VHS recorder or any other device. The licence fee must be paid either in full or according to a payment plan agreed with TV Licensing, but the license is free for over 75's.
E: The most popular TV technology advancement that is still being bettered is definitely picture quality. TV companies like Panasonic or LG are constantly coming up with new and improved TV's with a much better quality picture than their predecessor for your entertainment.
A: For example LG have come up new technology called quantum dots which create incredible 4K Ultra HD pictures. The new generation of tellies harnesses nano crystals that range in size from 2 to 10 nanometers, with each dot emitting a different colour depending on its size. This process adds a film of quantum dots in front of the LCD backlight, resulting in picture colour reproduction rate and overall brightness that is significantly improved.
E: Quantum dot technology is already being used by Sony and Amazon, however Samsung are yet to announce their plans on technological advancements. The BBC however are heading towards showcasing all of BBC3 online instead of on tv's, Which is causing quite a lot of controversy between the public. It means that any long-form programs currently aired on BBC 3 will be moved to BBC 1 or BBC 2, slotting in at around 10:30 pm and later.
A: The digital terrestrial TV bandwidth previously occupied by BBC 3 will now be home to a time shifted channel, BBC 1+1, and an extra hour of the CBBC channel at night. The BBC say that most of its BBC 3 shows will be moving onto iPlayer but some of its most popular programs will be moving to their other BBC channels.
E: Replacing BBC3 with time shifted repeats of BBC1 shows including The Voice, EastEnders, Call the Midwife and Strictly Come Dancing is likely to cause yet more disagreement.
How are they structured?
A: The BBC are state funded so get there money though the great british public. The public pay a “TV license” fee of £145.50 that goes toward funding the BBC. Normally channel are regulated by the ofcom but ofcom have very little say on how they are regulated with the BBC trust managing the BBC. The BBC trust deals with complaints and what is suitable for the channel rather than Ofcom that only deal with commercial channels.
How successful are the BBC? Any complaints?
E: A TV channels successfulness is judged by viewing figures, the more people watch the more popular you are. This fluxuates most weeks because different programs are on but most week the BBC is top, for example this weeks most viewed show was the voice with 7m views more than any other show.
A: Shows on the BBC have had complaints for many different reasons. Most recently the voice judge rita ora wore a revealing dress that totted up 400 complains with people complaining that the BBC did not manage how appropriately the judge dressed.
E: The BBC has also had its issues with staff, most well known being jeremy clarkson of top gear, they have had many complaints made about comments he has made and his overall attitude. Just last week he was suspended from the show after fighting with his producer, this also links nicely with complaints about services as they have dropped the final two episodes of the top gear series because of the issue which has cause uproar with fans.
Tv license
A: there is a debate every few years on whether the TV license in really that useful. I think this really does depend on who you are. If you don’t watch the BBC why would you want to pay for something you won't be viewing, it just seems a waste of money but the flip side to this is that if you do watch the BBC you should have to pay to fund it because it is state owned.
E: People are really trying to protect the BBC because most channels are commercial and are owned by huge companies, they want to keep the PSB’s. The alternative to paying the TV license is making the BBC go commercial meaning they would have to get funding through adverts and sponsors.
A: I my opinion I don’t think you should be made to pay for the TV licence if you don’t watch the BBC. The BBC is becoming less and less popular as people go digital and start using subscription based streaming providers.
E: £145.50 is a lot of money to pay for a service you won't use, the only benefit of paying this is there are no adverts on the channel, but adverts don't really bother viewers as they are a part of most other channels.
Who are their competition and what programs are similar?
A: ITV and channel 4 are there main rivals on terrestrial TV. They all have popular shows are get millions of viewers per week. BBC’s “ the voice” is very similar to “X factor” and the 3 channels all have soap operas, BBC-Eastenders, ITV- coronation street and channel 4- Hollyoaks. These shows all compete for the most views.
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