Unit 2

Question 1

Types of revenue streams

Answer 1

Advertising, crowdfunding, franchising, corporate finance, sponsorship.

Question 2

Crowdfunding

Answer 2

Raising money from a large number of people who each contribute a relatively small amount, typically via the internet.

Question 3

Franchising

Answer 3

A person or group of peoplethe rightmarketa productor serviceusing the trademarkor trade name of anotherbusiness

Question 4

Corporate finance

Answer 4

The willingness of a business to invest money for a project with the belief there will be a positive outcome.

Question 5

Factors that need to be considered during the planning of a media product

Answer 5

Financial constraints, legal and ethical issues, revenue streams, time constraints, personnel involved, location, facilities and resources.

Question 6

Financial contraints (costs)

Answer 6

Staffing, premises, location, legal costs, transport, resources e.g camera.

Question 7

Revenue streams

Answer 7

How the media product/production will raise the money to finance the project

Question 8

Personnel involved

Answer 8

Tethering the right staff- appropriate number, right skills+expierence
Is also a pre-production skill

Question 9

Relevant facilities, locations and resources

Answer 9

Studios, props, sets, lighting, microphones, etc.

Question 10

Freedom of information act

Answer 10

The public have the right to access information that is held by public sector organisations e.g. in the news industry

Question 11

Intellectual property act

Answer 11

If you have produced a script, image, article then it belongs to you and someone would need your permission to use it, if it produced whilst you have worked for a company that company owns it.

Question 12

Data protection act

Answer 12

If you collect data on individuals during the creation of a media product then it means you must keep this data safe and secure and up to date for an appropriate length of time

Question 13

Copyright, designs and patents act

Answer 13

If you have a piece of music, sound, image, film then you have the rights to control how it is used by other people.

Question 14

Libel

Answer 14

You could face a lawsuit if a ,Edie product you create is published that contains untrue written information about someone or something that damages their reputation

Question 15

Slander

Answer 15

This refers to spoken statements that you publish could be faced with a lawsuit if this is untrue or damages their reputation

Question 16

BBFC

Answer 16

The BritishBoard film classification who regulate media content and classify films that are distributed in the UK

Question 17

ISPO

Answer 17

The independent Press Standards Organisations regulate the content that is in print format such as newspapers and magazines

Question 18

ASA

Answer 18

The advertising standards agency regulate all broadcast and non-broadcast content across the UK

Question 19

Ofcom

Answer 19

The office of communications regulate all broadcasted content across the UK TV channels

Question 20

Censorship

Answer 20

This is when content is considered harmful by regulators and is then cut or edited from media products for the benefit of the consumer

Question 21

Ethical issues

Answer 21

Incitement and trolling

Question 22

Demographics

Answer 22

The breakdown of target audience into different segments e.g. Age, gender, psychographics, geo demographics, socio-economic, Ethnicity, sexual orientation, lifestyle

Question 23

Tender

Answer 23

A client will publish an advertises how that they need a media product tobe created and will request bids from production for them

Question 24

Commissioned

Answer 24

A client will hire a separate independent company to create the Media product for them

Question 25

Interpreting client brief.

Answer 25

An interpretation of the client brief means to take the requirements and generate your own creative ideas to help meet the brief.

Question 26

Implicit brief

Answer 26

These will be inferred from the brief. You hove 10 interpret what is said

Question 27

Open

Answer 27

There is some freedom fest you tough decisions about now best des create a media product

Question 28

Swot analyse