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478155023812500Sources of FinanceGrant Funding: Where companies are able to pitch their project idea to a private company to receive enough funding for their project, only if the company like their idea.Advantages:You do not have to pay it back.Can be used to convince other businesses to invest.No loss of control over production.Disadvantages:Can be hard to get.High competition for grants. Normally do not supply great amounts of capital.British Film Institute:A charitable organisation that advertises and funds television making in the UK, it allows smaller UK companies gain recognition.Advantages:You don’t have to pay it back.No loss of control.Small recognition.Disadvantages: Takes time.Doesn’t supply much capital.British based only.British Council:The British council promotes educational and cultural opportunities throughout the world. In terms of media this could be funding an education-based programme or a cultural world exploring programme.Advantages:You don’t have to pay it back.The council just want recognition.Disadvantages:British funding only.Crowd Funding:This is where a project can be funded through charitable donations from the public, where small amounts are donated by the public towards the production of a project.Advantages:Easy set up.Gets the film reputation. Only small losses of control.Disadvantages:May have no interest.Hard to draw an audience.Investment for movie production studios:Where many different companies put their money into a move production studio, so they can possibly benefit from a profit.Advantages:Higher publicity. Gain assistant from the company.Disadvantages:Loss of control.Sacrifice some profit.Publicly Funded:This is funding from public treasury, such as tax payments, TV companies will usually fund the project if it is community informing, or cultural informing.Advantages:Brings in attraction.Disadvantages:High demand and competitive.Loss of control.Loss of Advertising Revenue:Where money is raised by a TV company through advertisement, and projects makes money from advertising their products, or put as a sponsorship.Advantages:Reliable services.Can create large amounts of capital.Disadvantages:Can be difficult to get.Must have well thought put deals, can be time consuming.Subscription Revenue:This is where people can subscribe to a company and a service that they offer. In the media industry this can be a subscription to watch certain films and TV series, such as ‘Netflix’.Advantages:Regular income.Doesn’t cost the business anything extra.Disadvantages:Only works if people sign up for it.Can be a competitive field.May not bring in much capital. ................
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