Business Structures!
Movie Industry!
Music Industry!
Performing Arts Industry!
Potpourri!
100
Form of business where only one person owns the business
What is Sole Proprietorship
100
Universal, Disney, and MGM are ____________
What are Oligopolies
100
This has colonized the music industry
What is MTV
100
Live performances generate revenue from:
What are Ticket Sales, Album Sales, Publicity, or demand for artists's music
100
League of Legends, GTA, and No Man's Sky are ________
What are Computer Games
200
Form of business where 2+ people own the business
What is Partnership
200
Lions Gate and New Line Cinema are ________
What are Indies
200
True/False The movie industry has begun to benefit a little from the illegal music sharing and downloading industry
What is FALSE
200
Some plays that experience huge success onBroadway later travel around the country to perform and earn about ____ revenue.
What is 80%
200
"FBLA" stands for __________
What is "Future Business Leaders of America"
300
Form of business where there is no double taxation
What is: -Sole Proprietorship -Partnership -LLC -S Corporation
300
Primary market for the movie industry
What is theatrical distribution
300
This allows artists to earn revenue every time their music is used by a company
What is copyright
300
Due to ____ cost of production, many plays are financed and produced by the same large entertainment companies that produce films or TV shows.
What is high
300
Target market for the movie Transformers
Who are young males (Teen-30s), Car lovers...etc
400
Form of distribution (integration) where the company owns all the processes that it needs as opposed to a company that owns all the competition
What is Vertical Distribution (Integration)
400
Cost to produce a movie
What is $90M
400
Roc Nation or Young Money Entertainment are examples of ________
What is Record Companies
400
Artists often make money by ________ and ________
What are Tours and Live Performances
400
Define: Fatuous
What is silly and pointless
500
Form of distribution (integration) when one company owns all the competition
What is Horizontal Distribution (Integration)
500
Cost to market a movie
What is $40M
500
This is John Legend's Record Company
What is Sony Entertainmen
500
True/False Performing arts are centralized businesses.
What is TRUE
500
Name the 4 P's of the Marketing Mix.
What are Price, Place, Promotion, and Product.
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