entertainment management

Identify basic elements of every deal
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Terms in this set (34)
Identify basic elements of every deal
what is the property or service, who is providing it to whom, what is the time frame, and what is the compensation
who's role is it to position the worldwide paying audience at the first point-of-sale?
motion picture marketing
motion pictures are a complex mixture of what?
art and commerce, capturing the imaginations of worldwide audiences and having a profound impact on behavior, culture, politics, and economics
Typical characteristics of an entertainment lawyer's clients
creative, volatile, and quixotic
In the feature motion picture business, who are the several individuals besides the lawyer, who typically influence the client's life and career?
business manager-accountant, agent, public relations counselor, and a personal manager
what is one of the dangers of the close working relationship between the entertainment lawyer and his client?
The lawyers temptation to assume the persona of the client
What is the shorthand method for saying that there is a firm financial commitment under a deal?
pay or play: means that we can pay you off we don't have to use you, and if we do that all we owe you is the guaranteed compensation. Don't look for us for anything else, you don't have a right to.
The intricacy of agreements in today's entertainment industry has led lawyers in entertainment firms to become what as well as legal advisors?
Deal makers: applying business, creative, legal, and tax expertise in order to make the best possible deal for the client.
role of the agent has changed from focusing formerly on what to what possible roles?
Agents used to focus on getting their clients their next jobs. Today they are dealmakers and packagers.
in deal making what does everything revolve around?
money
5 key management level divisions in a structured entertainment companydealmaking, production, distribution, marketing and financewhy is the tug of war between art and commerce so much more intense in the moves than other discipline?costwhat are two implications involved in every single decision made by rothmaneconomic and creativewhat are two possible results involved in risk-taking?creative and financialwhat is true north?the internal compass that guides you successfully through lifeWhat does true north represent?who you are as a human beingwhat are the five orientation points of true north?purpose, values, heart, relationships, self-disciplinemotion pictures are a complex mixture of what two things?commerce and artwhat ism one of the dangers of a close working relationship between he entertainment lawyer?the lawyer may assume the persona of the clientindividuals besides the lawyer who may influence the client's life and career?pr counsel and business managerentertainment lawyers have become what over the years?deal makers and legal advisorsagent's roles have now also focused on deal making and packaging from what?getting jobs for clientsin deal making, everything revolves around what?moneyevery single rothman decision has two implications, what are they?economic and creativethe tug of ware between art and commerce is so much more intense in the movies than other disciplines due to...?the cost to make and sell movieswhat are the most important decisions of all?people decisionsbecause making successful judgments is hard, and it takes ------- and ability to make themcharacternot having a clear vision of your career direction slows you down is known ashaving no road mapwhat is essential for a job search?networkingif you want to win your game, what do you have to do?get a seat at that table, get into the industry somehowand as a result three things happen, one of which is that you meet people. what are the other two?you're there when the lightening strikes, and you learn how the business works from the insidewhat are the other two main points he makes?you have to ask questions and you have to follow your beliefstwo of his five-point definition of management aretrain, advise subordinates, financial successname one of the management stylesproactive