Tuesday, 19 September 2017

Methods of Funding in Media Productions

Funding is needed when it comes to media productions as it is a very expensive proses and requires a lot of money to pay staff and for equipment.




Sponsorship: Is when a company sponsors a production and has there product places before and after each break or there product is used in the production e.g. friends is sponsored by Pukka Pies.




Advertising: Is when brands place there adverts in the breaks of TV shows and other media such as YouTube videos and before a film in the cinema.




Crowed Funding: Is when a company or person sets up a website to gain money from fans and viewers using websites such as gofundme.com.




corporate finance: Is asking for a company to back your project in exchange for advertisement and profit. for example Kaos Solutions Ltd.

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