Franchises
Franchises
are very important to film because of the popularity they have created. Sequels
have become popular for carrying on the story after the original film. This is
because of horizontal integration, which means the same thing through different
platforms such as video games and merchandise. This is what films make their
money from. The films make money themselves but adding merchandise in it makes
a ton of money. Franchises are the most made films now and because of this
people are following the trends that the films set. The franchises are
important to producers as well because of the money being made. If a film flops
then it isn’t going to make any money but because there is now the merchandise
and theme parks to do with the studios and the films there is still money to be
made. For example the film John Carter flopped at the box office and yet it
still made money through the John Carter part of Disney World.
A
good example of a franchise is Back To The Future because the trilogy was made
from 1985-90 and is still making money today through merchandise. Back To The
Future was originally just a film to be shown in the cinema with very little
merchandise but because of the films popularity it expanded and is now the 19
most grossing film for Universal. It used to have a Back To The Future ride in
Universal Studios but it was closed in 2007. The ride generated a lot of money
but it had to be closed as it was old and had been open for 16 years. This was all
important to Universal because it generates a lot of money each year through
merchandise but sadly no longer the ride. The merchandise grew in numbers when
Back To The Future hit its 30th anniversary in 2015 because many
anniversary box sets were made and the films were sent back to the cinemas for
one day. This generated $4.8 million in 2000 cinemas worldwide because the fans
were able to see it again on the big screen and because of this only being one
day every screening was fully booked very quickly.
The producers
of franchise need them because of the money generated through them so they can
then make more films. The money generated from the popular franchises is a lot
for example Back To The Future made $210,609,762 on original release. If the
film flops they have a back up to money such as merchandise and theme parks.
Continue
point above.
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