Defining The Film Industry

The film industry is one of the biggest industries in the whole world, spanning multiple companies and grossing trillions of dollars per year. It is comprised of all the technological and commercial institutions that are involved in film making, like; production companies, distributors, film studios, directors, producers and actors. There are lots of different film industries, the biggest being Hollywood and Bollywood.

The obvious aim of the film industry is to make money. Most movies produced in this period are funded by large conglomerate companies, like Warner Bros, Disney and Lionsgate. When a movie is made, a budget is set. The aim is for the movie to be successful enough to cover this budget and make a large profit. When it does, this money is shared between whichever conglomerate the movie was spawned from, which in turn funds more movies to do the same thing. It ends up being a cycle of making money and producing more films. However, some films do fail commercially so these conglomerate companies have to count on the other movies being made at the time - and learn from the mistake they have just made.