Conglomeration
- Conglomeration is the defining business model of our time
- A conglomerate is a large business which has become large through the process of buying other businesses
- Think of a huge blob, 'glooming' on to everything else. That's a conglomerate . It's an aggressive business practice that prioritises profit and growth over everything else
- Typically, a conglomerate owns lots of little companies that are responsible for the production, distribution or exhibition of the film.
- And the companies of a conglomerate owns are called subsidiaries
An example of a conglomerate is SONY:
- The CEO of SONY is Kenichiro Yoshida
- worth 128billion USD
- 59 office locations in
- SONY was founded on the 7th of May 1946 in Nihonbashi, Tokyo, Japan
- A company own by SONY is SONY pictures, they produce the 2002-2007 Spiderman trilogy and the amazing Spiderman
- Another subsidiary of SONY is SONY entertainment, they produce products such as the playstation
- SONY electronics is another subsidiary that often produces high end monitors
products:
- TVs
- Robots
- Cameras
- playstations
- cameras
Subsidiaries:
- Sony entertainment
- Sony computer entertainment
- Stake in marvel, in particular Spiderman
- Hawkeye innovations
- Aiwa
- Gaikai
- Sony music
- AWOL(record label)
- Insomniac
- Sony pictures
- Spotify (stake)
- Crunchyroll
- Funimation
Horizontal integration: Is where a conglomerate owns other companies in the same sector
Example:Disney own and have bought out Marvel studios, Lucas film and Pixar
Vertical integration: Is where a conglomerate owns companies in different sectors. In short they own the method of production and distribution. This practice is extremely anti competitive
Example:Disney, own Disney plus, a range of distribution and production services
Multimedia integration: Where a conglomerate uses digital technology to integrate business
Example: Netflix, who use digital tech to distributive and produce films and TV shows rapidly
Convergence: The coming together of previously separate media industries
Example: Use of mobile phones to access absolutely every form of media
Synergy: The advantages of convergence
Example: music videos are two previously used industries put together
Spectre:
Production company:

Budget, box office (ticket) sales:
Spectre was produced by EON productions with a budget of 245-300 million USD
Spectre made 880.7 million USD making it a huge financially success.
Spectre made 70.4 million on the opening weekend, the second highest out of any bond film
Production details
EON productions has produced every Bond film and primarily produces Bond films.
EON stands for Everything or Nothing
David Pope is the managing Director of EON productions
Spectre was shot from December 2014- February 2015
Most expensive explosion ever
Examples of marketing
Williams F1 team branded with Spectre logo
Official website, with a range of teasers and trailers- allows SONY to target hardcore James Bond fans
Teaser: short trailer with very little information to create hype and excitement amongst fans
Aston Martin unveiled new car as part of marketing strategy
BBFC Age rating (and why)
Initially rated as 15 by the BBFC.The film was then edited by SONY to make a suicide scene less prominent, allowing the film to be released as a 12a.This was to maximise audiences as most other mainstream films generally avoid 15+ age ratings or above.
Who owns Spectre?
Spectre is co-owned by MGM, Danjaq and Columbia pictures (a subsidiary of SONY)
Danjaq and MGM have owned many of the James Bond and MGM are responsible for the distribution of 24 James bond films however Spectre was distributed by SONY pictures