Finance

Finance 

Where does funding come from for;

Films
Funding for films can come through multiple different sources for example there is public film funding. The BFI Film Fund is a large agency in the uk which has a number of funding strands, investing over £26m of Lottery funds per year to support film development, production (incl. majority and minority co-productions) and distribution activity in the UK.

Another way normally used by smaller independent film producers is crowdfunding this means that they raise small amounts of money from a large number of people through the internet.

Blockbuster films can gain funding through product placement from large companies, for example Heineken in James Bond - Skyfall. Companies can play between 3-10 million a film and exceed 50 million in a film series. They also gain money through when people go see a movie in cinema, rent it when it's available for home viewing, buy the DVD or purchase the soundtrack, the studio responsible gets a percentage of the proceeds. It also collects from TV distribution contracts on various domestic and foreign TV outlets, from pay-per-view to basic cable and free networks to satellite stations.

TV programmes on BBC
TV on the BBC is funded through the TV License Fee which is currently £150.50 a year and is needed to :

  • watch or record live TV programmes on any channel 
  • download or watch any BBC programmes on iPlayer – live, catch up or on demand.

The licence fee allows the BBC's UK services to remain free of advertisements and independent of shareholder and political interest.

Newspapers

Some newspapers are government-run or government-funded; their reliance on advertising revenue and on profitability is less critical to their survival

Websites



Crowdfunding

Crowdfunding is where you raise a small amount of money through a donation from a large amount of people. These donations can fund many things for example it can be to set up and start a website for a small and upcoming business or a larger business looking to create  new product, an example crowdufunfing website is Kickstarter. Kickstarter is an American public benefit corporation based in Brooklyn that maintains a global crowdfunding platform focused on creativity and merchandising. 

A National Lottery Grant





Why might giving away a newspaper or magazine for free make commercial sense?

Free community newspapers and magazines receive revenue through advertising. Advertisers pay a set rate depending on the size of the ad, as well as how many words and colours it uses. Companies pay more to have pop-up ads, such as wraps or inserts. Inserts are ads printed on cards placed loosely inside the paper.


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