Chapter 6: Pitching and Selling the Project

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A written pitch...

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24 Terms

1

A written pitch...

  • Also called a proposal, prospectus, or pitch on paper (POP)

  • In some cases, it includes a detailed business plan, put together by a professional

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2

POP

Pitch on paper

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3

A verbal pitch...

  • A face-to-face, in-person meeting where you get a chance to share your idea, project your confidence and confirm your ability to produce it

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4

Commerce is always involved - profits must be the bottom line whether it comes from...

  • Advertisers

  • A subscription base

  • From an expanding range of other revenue streams

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5

Research everything you can about the person or organization to whom you’re pitching...

  • Their current programming

  • The company history

  • What they’ve paid for similar content

  • Other details that tell you if this is the right fit for your project

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6

You want your project to be a comfortable fit with the end users...

  • Branding

  • Programming schedule

  • Public image

  • Overall vision

  • Financial capabilities

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7

Do your research before you go into a pitch meeting. You want to know their...

  • Brand

  • Logo

  • Mission statement

  • Demographics of the audience

  • Primary advertisers or subscribers

  • Budget range

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8

Make a list of the people you know or the people they might know who could connect you to an insider for a pitch meeting, or an investor who might help fund your whole project or at least its initial development. This list might include...

  • Family and relatives

  • Friends and colleagues

  • Fellow and former students and professors

  • Actors

  • Writers

  • Directors

  • Producers

  • Lawyers

  • Agents

  • Managers

  • Investment brokers and accountants

  • Professors

  • Other professional and creative people

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9

Our current media climate involves the gamut of delivery systems and the result is an almost unlimited marketplace...

  • TV and its many formats

  • The Internet

  • Video on demand

  • DVD

  • Cellular technology

  • Portable media players

  • Video games

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10

As a producer, your job demands ongoing self-education...

  • Finding in-depth technical, creative, legal, and fiscal information

  • Researching books and online information and articles

  • Talking to producers, professors, and international producers and buyers

  • Taking advantage of classroom instruction, and attending professional conferences and seminars that focus on television and new media

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11

The studio traditionally retains ownership of the property and can eventually sell it to...

  • Cable

  • Syndication

  • Other markets

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12

Ideas for programming might...

  • Start with the studio’s executives

  • Come from independent producers or production companies, packaging agencies or other sources

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13

The popular trend is to adapt American and European hit shows that are packaged and sold as formats to fit...

  • Local protocol

  • Tastes

  • Language

  • Subtle change

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14

Major Broadcast Networks...

  • By selling your idea to a broadcast network, such as NBC, CBS, ABC, Fox, or the CW, you are likely to be well paid because your program reaches an audience of many millions

  • Networks are under pressure by advertisers to bring in high audience ratings and to adhere to certain constraints and formulas, so each network has a Standards and Practices department with strict guidelines that dictate parameters for a program’s themes and creative risk-taking

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15

Cable Channels...

  • Cable channels such as Discovery, The History Channel, A&E, National Geographic, or MTV are also advertiser-supported, yet tend to have lower production budgets with more creative leeway for the producer

  • Ratings play an important role, but they are measured in much smaller increments than those of the networks

  • Advertisers tend to create their ads around specific niche interests and demographics; they can object, to or withdraw ad sales if they disagree with programming content

  • Cable’s creative latitude allows for storylines that incorporate more sex, violence, and adult content than the networks

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16

Premium Cable Channel...

  • Creative control is a key benefit to most producers. You’re more likely to have that control from premium cable channels, like HBO and Showtime

  • Their budgets tend to be lower than the networks’, they don’t have advertisers to harness them

  • Their subscriber base is a loyal one, and their ratings aren’t as big a concern as they are for the networks

  • There are few boundaries on adult content or complex themes

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17

Public television is funded by...

  • Individual memberships

  • Private corporations

  • Grants

  • City, state, and/or federal funding

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18

Public Television...

  • The traditional role of public television has been to air educational and entertaining programming via independent, noncommercial, local, and national public television stations

  • A station can acquire programs that have been independently produced, or it can partially or fully fund and develop a project. Budgets are generally medium to low, and each station adheres to specific standards for the programs it broadcasts

  • Many producers find that if their project is aired on a local public television station, it can subsequently be picked up by other local or national stations

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19

Many local stations produce their own programming...

  • Children’s shows

  • Daytime talk shows geared mostly toward women’s interests and social issues

  • Home shopping

  • Local weather

  • How-to shows

  • News

  • Traffic

  • Information

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20

Most local and regional television stations have limited budgets, and depend primarily on pre-produced programming supplied by...

  • Network

  • Syndicator

  • Producers

  • Paid-programming infomercials

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21

VOD...

  • VOD, or video on demand, is available everywhere

  • You can download thousands of choices directly into an Apple TV or Xbox

  • Some viewings are free, and others are inexpensive to rent or buy

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22

VOD

Video on demand

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23

DVD...

  • Some programs are the first broadcast on a network or cable station or online, are aired a second, maybe a third time, and then go into syndication or reruns

  • Now, entire seasons of most hit shows are repackaged and sold in DVD sets

  • These rights may be solely for home video, with other rights belonging to airing online or another repurposing of the material

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24

Production companies might be small, local companies, or larger businesses that are listed in...

  • The opening and/or closing credits of a television show

  • The Internet

  • Variety

  • The Hollywood Reporter

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