Thursday, May 21, 2020

Film Industry Case Study - 1692 Words

The main objective of this case study is to analyze the policy of co-production in screen industries between Australia and China based on the nation’s situation and the history of film industry. The main problem is how to utilize this policy to enhance government cooperation and business model to apply those policies into the cooperation procedure. The other problem is the shortage of sustainability of film business and to find out the solutions to develop a model to be used as a best practice framework for the successful integration of film tourism in a Destinations Marketing Strategy (DMS). These can be further broken down into: 1. Analyze the coproduction policy and evaluate the level of economic value of this policy. 2. Analyze film†¦show more content†¦Main organization Screen Australia s Head of Business and Audience Sydney films Production Company Joint investmentï ¼Å'Shared Copyright What is the Co-production refund policyï ¼Å¸ Australia and China Co-production refund policy from 2007. Filmmaking requires a lot of manpower, material resources and financial resources, if investor cannot obtain the expected return, it will bring heavy pressure to producers. Therefore, in order to attract increasing Chinese directors entre to Australia for shooting and film framing and editing, August 2007ï ¼Å'the chief of China s state administration of radio, film and television and the Australian Ambassador to China represented the government of Australia and the government of the people’s republic of China sign a film co-production agreement. According to this agreement, the Australia government provides three-promotion refund policy: 1. China and Australia co-production are received 40% refund. 2. Visual effect is received 30% refund. 3. Shooting in Australia is received 16.5% refund. In addition, this agreement can also with the superposition state and territory governments preferential measures, avoiding the trouble as much as possible to reduce the cost and improve the return investment. After signing the agreement up to now, a total of four co-production movie successful production, total investment is nearly sixty-eight million, The advantages of applying the refund of co-production 1. TheShow MoreRelatedCase Study: â€Å"the Hollywood Film Industry and the Role of Knowledge Network Organization†700 Words   |  3 Pagesadvantages of independent film making. New faces have been introduced. Actors can step outside typical typecast roles. Based on one’s creativity. Low-budget film making. Allows the artist to circumvent excessive studio control on their projects Directors can craft their own unique vision. 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