The budget of this movie was $25m. In the UK this would be a very high budget film. However, in
the US it would be mid-budget. The
distributers pay for many things such as the trailers being seen, the cardboard
cut outs at the cinema. Working Title is
a subsidiary. You can have:
- Indie, not owned by anyone
- Subsidiary, owned by a bigger company
- Conglomerate/parent, are the big company, own other companies.
Working title are a subsidiary of NBC Universal, who are owned by Comcast. NBC also own Universal
Pictures.
Big Six are the
biggest Hollywood production companies that dominate cinema industries
worldwide. These are the Big 6:
- Disney
- Warner Bros. Pictures
- 20th Century Fox
- Paramount Pictures
- Universal Pictures
- Sony Pictures Entertainment
Recently, because of Lionsgate’s success, there is talk that
it should be included, and it should become the Big Seven.
Studio
canal are an originally French company, who have a part called
Studio Canal UK (Optimum Releasing).
Even Warp cannot
help being caught up in the Big Six as studio canal and optimum releasing have
worked on distribution and production for various Warp films.
Films budgeted at 100 million plus, are known as tentpole films. Bigger companies are
spending more money on tentpole films and creating less other films. All the
big six have applied the strategy of vertical
integration. Which means that within the one conglomerate, they all have
production companies, distribution companies and some means of exhibition. This
essentially means that they create everything themselves.
Warp almost always is a 15/18
rating. Recent Warp film, called ’17 was
given a 15 which is low for Warp.
Working Title, over and over again use big, American stars,
which is a large part of their budget.
The worldwide box
office for BJD was $281m.
The US share of this revenue, was 25%. For a long time, the US
revenue for UK films has been around 50%. This is why there are such harsh
stereotypes, and representations in Working Title films, to appeal to an American
audience and to be recognisable to Americans.
The Chinese market
is growing bigger and bigger and will almost surely become the largest market.
The American market is decreasing. The British market is tweaking what they do
in order to fit the American market and the American market is tweaking what
they do in order to fit the Chinese market.
Rom-coms are half
romantic, in order to appeal to the female audience, and half comedy, to appeal
to the male audience.
The UK made $60m on
Bridget Jones’s Diary. The Gant rule
argues that if a film is a hit in Britain, it will make 10x more money in
America, and be shown on 10x more screens.
Bridget Jones’s Diary made so much money in Britain because of
the fact that it’s a British production. As well as the UK got distributed in
15 different companies. After this, they were taken over by Universal.
Everest was distributed in 65 different companies worldwide, which is the benefit of being
owned by such a large company. Its global total was $200 million, but will probably increase as its still being shown.
Mickybo
and me was a film set in Belfast, Northern Ireland, which had a
budget of £5m by WT2.
’71 is a
film by Warp which is their highest
budgeted film ever. (£5m) Before
that it was a film which was £2.5m,
and before that “This is England” (£1.5m).
In ’71 the social
realist genre was established by the shaky camera movement. Also the main
character is an orphan, its set with a lot of violence, and has political
aspects to it. According to
Box Office
Mojo, it grossed only $1.6m. However, it won many awards. ’71 was
distributed in 10 different countries, UK included.
This is
England grossed $8m worldwide. This is the highest warp film.
NBC is one
of the main American TV companies.
Vertical integration is a
business strategy. This goes:
- Production
- Distribution
- Exhibition