Film Franchise Strategy In the Age of Intellectual Property

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Abstract/Contents

Abstract
This thesis aims to discuss the presence and power of franchises at a time when consumers have different mediums to access film and TV as well as a growing amount of entertainment options to choose from. For studios to be even more successful in an economy where consumers are shifting away from a transactional service good and more towards experience goods, a studio should aggressively extend their films outside the theaters into as many aspects as possible of consumers’ daily lives in order to immerse the consumer in the story and capture the connective tissue between a film, its experiential marketing, merchandising, pop-up experiences, and more. These studios may each have their own recipe for success and should be introspective, but they should be studying what their competitors are doing well to integrate those ideas into their own strategies. Should they want audiences to return for sequels, spin-offs, and cinematic universes, their franchises must maintain a presence in a consumer’s life outside of the theater. My point will be made by discussing the evolution of the exhibition space as well as how and why audience habits have shifted in recent years; analyzing three different studios and their approach to franchise films; and discussing the different spaces a franchise should aim to occupy in the future. NBCUniversal will provide an example of a studio whose franchises are easily transportable overseas, increasingly becoming eventized, and have improved the company’s licensing and merchandising presence. Sony is an example of a studio whose filmmaker and artist-driven model is no longer sufficient at a time when brands and franchises dwarf a celebrity’s status. Disney will illustrate the rise of “event films”, the importance of intellectual property (IP), and how its acquisition of Pixar, Marvel, and Lucasfilm has enabled Disney to have an increased presence in theaters, merchandising, and theme parks.

Description

Type of resource text
Date created [ca. May 2019]

Creators/Contributors

Author Brown, William Walker
Primary advisor Hamilton, James
Degree granting institution Stanford University, Department of Communication

Subjects

Subject Stanford University Department of Communication
Subject Disney
Subject Film Studies
Genre Thesis

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User agrees that, where applicable, content will not be used to identify or to otherwise infringe the privacy or confidentiality rights of individuals. Content distributed via the Stanford Digital Repository may be subject to additional license and use restrictions applied by the depositor.
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This work is licensed under a Creative Commons Attribution Non Commercial No Derivatives 3.0 Unported license (CC BY-NC-ND).

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Preferred Citation
Brown, William Walker. (2019). Film Franchise Strategy In the Age of Intellectual Property. Stanford University Department of Communication. Stanford Digital Repository. Available at: https://purl.stanford.edu/nz124sf6606

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Undergraduate Honors Theses, Department of Communication, Stanford University

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