OCR A-Level Media Studies H409
Contexts of Media
Media Language
Media Representations
Media Industries
Media Audiences
News, Online and Participatory Media
Advertising, Marketing and Magazines
Music Video
Film, Radio and Video Games
Long Form Television Drama
Contexts of Media
Economic context: funding, ownership and financial constraint
- 3 things to know
- Components 01 and 02
Overview
Recall questions on how media producers are funded, conglomerate ownership and franchise risk, licence-fee, advertising and not-for-profit models, the budgets of streaming drama, and economic opportunities and constraints.
What you need to know
Answer each one before you reveal it.
Define a media conglomerate.
Explain how a street-sold magazine's business model is also its social purpose.
Questions from this subtopic
Each one with the model answer underneath.
- 1
State the main sources of funding available to a media producer.
Model answer
Advertising revenue, direct payment by the audience through sale or subscription, public funding such as a licence fee, and donation or trading income for not-for-profit producers.
- 2
Define a media conglomerate.
Model answer
A media conglomerate is a very large company that owns businesses across several media forms and markets, so profits and audiences can be moved between them.
- 3
How does belonging to a conglomerate give a film economic advantages a standalone production lacks?
Model answer
The parent can fund the budget from other divisions, market it across its own outlets, release it through its own channels and recoup through merchandise, television and streaming that it also owns.
- 4
A studio bought a comic-book publisher outright in 2009 for around $4 billion. What was it actually buying?
Model answer
It was buying a library of established characters and the right to build a decade of interconnected films, games and merchandise from them.
- 5
Why is a franchise instalment treated as a lower financial risk than an original film?
Model answer
Its characters and world are already known, so the audience does not have to be built from nothing and marketing can trade on recognition.
- 6
How does not-for-profit funding change what a product is free to do?
Model answer
With no sales target to meet, the product can put an uncomfortable message first and address people who will never pay it anything.
Other ways to work this
The same content, four other ways.
What is inside Levo
Six ways to work the same material.
Every question in Contexts of Media, on a schedule.
Attempt a question from memory, write the correct version, then attempt it again. Levo records the jump between your first attempt and your last, and brings each question back on the day you are due to forget it.
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