Branding Branding in the Entertainment Industry Pricing Desicions Pricing in the Entertainment Industry
100
What is branding
Labeling cars, an airline soup or movies.
100
What is a franchise
A series films, programs, or character portrayals to expand the activities in a series.
100
What is revenue
Money brought in through the sales of goods and services during a specific period of time
100
What is pricing in television and radio advertising
Companies paying millions for a 30 second Superbowl commercial.
200
What is a brand extension
Clothing lines by celebrities
200
What is a soundmark
MGM Lion
200
What is a loss
Gross profit is in the negatives.
200
What is financial success
A TV show is able to air for 3 seasons and/or complete 60 episodes.
300
What is brand identity
Is a consistent feeling or image that consumers recognize when encountering the brand.
300
What is a crossover artist
Taylor Swift transitioning from country to pop
300
What is profit
Gross profit and net profit
300
What is pricing in the film industry
Sources of revenue are from profits from tickets, rentals, video and DVD sales
400
What is multimedia
Ideal for marketing in the entertainment world.
400
What is a television franchise
A feature film, later turned into a TV series
400
What is pricing in the entertainment area
Retail pricing for goods share similarities
400
What is concert pricing
Ticket sales rely on estimating public demand and matching competition.
500
What is a celebrity
Not only performers but also brands.
500
What is a film franchise
Marketers taking advantage of the popularity of the first movie.
500
What is the objective of a plan.
Reach the goal.
500
What is pricing in the music and recording industries
Retailers might pay $11-$12 for a CD that marks up to a retail price of $15-$19.






Branding and Pricing Decisions

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