Monday, 22 November 2010

UK and US Funding Structures: Initial Issues

  • Initial investment: A company, its machinery, sites and personnel have to be 'set up'
  • The demand and supply must be 'constant' (you can't have workers being idle - it costs too much)
  • Market research has to be paid for, the company need to know that the product is 'liked' by its customers
  • Advertising and marketing must be employed (print, moving-image, radio and e-media) to keep the 'buzz' about the product going, therefore, keeping sales at a maximum
  • Industry factors are not fixed; they cannot be accurately predicted; tastes change and this can be disastrous
  • Staffing costs in the movie industry are huge as is the race to develop new technologies; this can cripple companies 
  • The key word (in any company but very much in the film industry) is RISK

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