Glossary terms for words used in Mock Interview companion piece

Vertical Intergration

Where a company operates each stage of a production, distribution and exhibition line in order to maximise profits. This was common in the Hollywood Studio system back in the 20s to late 40s.

Monolopy

A situation in which a single company or group owns all or nearly all of the market for a given type of product or service. By definition, monopoly is characterized by an absence of competition - which often results in high prices and inferior products.

Product Placement

The appearance of a product or service in a TV program or film, paid for by the manufacturer to gain exposure for the product or service.

Adminastrative

Work involving numbers for the production as well as lawful obligations like the Codes of Practice, that can allow productiom to go on without any unforeseen problems.

ILM

Visual Effects company Industrial, Light & Magic

Personal Career Development

For a career in the film industry you need to require certain qualifications and experience working in the industry. This works as a checklist of what is needed to be the best you can be if you want a job.