Unit 1 section 1: Conglomerate vs independent company
Conglomerate: This is when there is a company that owns a large amount of other companies. For example Disney who own Marvel, Pixar, Disney world, and so on.
Pros:
-More money which means they can create better films because of the large budget with better actors/actresses. More money means they can essentially create whatever they want on any type of media platform or aspect of the business. There is no urgent limit of spending.
-Creates many new jobs.
-Recognition and respect from the world.
Cons:
- Decreases chances of smaller business being able to succeed or entrepreneurs creating great media platforms.
- Can decrease competition (However it does increase it at other times).
- Sometimes a film created may not be such good quality. The company could just be mass producing films rather than considering quality enough.
Independent: This is when the company is free from outside control, meaning they are not controlled by other companies. It is different to a PLC company.
Pros:
-They can make their own decisions
-Do not have to follow government rules. They can make their own decisions when it comes to changing their storefront.
Cons:
- Less money
- They may struggle to earn a good income
Good blog post Sam, I particularly like the last point on the cons of a conglomerate list however you need to be very clear about what you mean by quality. Is it the quality of the stories or quality of the technical aspects (camera, CGI etc)?
ReplyDeleteAlso you need to revise your definition of an independent company. Other than that, well done.