Hollywood and British film industry

Hollywood and British film industry. There are many differences between the industry in Hollywood and Britain from funding. In Britain people can use the BFI(British film institute) who use the national lottery funds, not only do they fund them they help the popularity and increase the audience.  This quote from the BFI sums up what they do pretty well.

"We seek to reflect the public in the films we support, the audiences who watch them, and the filmmakers, actors and crews who make them."

overall the British film industry is known for making low budget films on the other hand some of these movies have actually been a success in Britain and occasionally America. British audiences normally would choose to watch Hollywood films rather than a low budget film. In America the conglomerates have the money and connections to spend millions on the three main stages of the films production e.g. Production, marketing and exhibition. A conglomerate such as Disney can produce, market and distribute/exhibit there film by using there subsidiary companies so they not only save money they don't have to go to outside companies. This is know as synergy and is an example of vertical integration. British films are usually lower budget comparing to a Hollywood blockbuster. A low budget film is normally not as good quality as a Hollywood blockbuster. The equipment on the low budget films are normally not as good e.g. lighting, cameras, costumes, settings and other things.  In Hollywood the films have more funders so wealthy billionaires want to help fund the films so they can have the lifestyle of a movie star and get the profits too. Big Hollywood film companies often get money to fund the films either through the investors or though loans. The UK see the Hollywood blockbusters as the next must see thing to watch, companies like marvel will release an advert for a film and the hype around it makes almost everyone want to go and see it. A British film isn't normally as hyped up. The theme of the films in Britain compared to Hollywood is a quite different. In Britain quite a few of the films are showing the life of British people, so the film this is England showed a boy going through his life and him going into gangs and the movement he followed. China built a $1.27bn Hollywood co production studio. The US took a big step towards the Chinese film industry with this announcement, the china wood global service base will be a multi million dollar film production centre which will be constructed in a partnership with Chinese authorities. This isn't the first time Hollywood and china have collaborated, in the film The karate kid with Jayden smith they worked together. In the UK the official co-production can enable you access to the UK tax relief. In film you are allowed to apply for the funding from the UK's nations and the BFI film fund. All British qualifying films of any budget level can claim payable cash rebate of up to 25% of the UK qualifying expenditure. The tax relief in the UK is capped at 80% of the expenditure, if you spend 100% of the qualifying expenditure in the UK tax relief is payable on up to 80%. There is no budget limit. This will attract overseas producers because it will save money. In film IMAX is now used a lot more, when it comes to making an IMAX film they have to use special IMAX cameras which can cost a lot more then normal cameras. Films are released in different ways firstly there is standard release which is regulated by a business model which is also known as a release windows. In standard release process a film is released in the cinemas first then around 16 and a half weeks later it will be released on DVD and Blu-Ray. After around 2 years after the cinema release it willWalt Disney studios motion pictures who are owned by Disney. This saves money and it is easier.  be released on TV. A simultaneous release is when a movie is available on most media at the same time, so in cinema, DVD, Blu-Ray and internet. This is good for the viewers because they can choose what media to see it. This sometimes makes less money as people don't have to go to the cinema or buy it on DVD or Blu-Ray as it is on the internet and can be viewed on pirate websites. Straight to video release are when is skips going to the cinema and straight to the DVD and Blu-Ray stage. This is often for smaller release films. Internet release is when it goes on the internet straight away, this is often for short films which appear on YouTube.

Disney is an example Vertical integration because it is a conglomerate. When making a film it goes through three main stages, they are: Production, Distribution and exhibition. If the company owns other companies which can do these stages it is known as a conglomerate which is vertical integration. It is beneficial for Disney to be a conglomerate because it means they don’t need to go to other companies to get music, sound effects and distributing the films. When Disney distribute there films they use there own companies.