Misplaced Pages

#886113

45-465: The Lincoln Motion Picture Company was an American film production company founded in 1916 by Noble Johnson and George Perry Johnson . Noble Johnson was president of the company, and the secretary was actor Clarence A. Brooks . Dr. James T. Smith was treasurer, and Dudley A. Brooks was the assistant secretary. The company is known as the first producer of race movies . Established in Omaha, Nebraska ,

90-418: A parent company , partner, or private investor. It handles budgeting, scheduling, scripting, the supply with talent and resources , the organization of staff, the production itself, post-production , distribution, and marketing . Production companies are often either owned or under contract with a media conglomerate , film studio , record label , video game publisher , or entertainment company, due to

135-495: A " corporation , partnership , association, joint-stock company , trust , fund , or organized group of persons , whether incorporated or not, and (in an official capacity) any receiver, trustee in bankruptcy, or similar official, or liquidating agent , for any of the foregoing". Less common types of companies are: When "Ltd" is placed after the company's name, it signifies a limited company, and "PLC" ( public limited company ) indicates that its shares are widely held. In

180-773: A "one time hit" or an ongoing "entertainment franchise " that can be continued, remade, rebooted , or expanded into other sister industries; such as the video game industry (see Star Wars , Star Trek ). Entertainment projects can be either an original or an adaptation from another industry. In rare occasional cases, a few troubled major studios would also shed their distribution and/or marketing staffs, mainly due to reduced resources, and resort to co-investing and/or co-distributing film projects with larger studios, operating as virtual, production-only movie studios. Notable examples include legendary studio Metro-Goldwyn-Mayer , which, after many years of box office flops (mostly with low budgets), bad management and distribution, and bankruptcy,

225-598: A company is a body corporate or corporation company registered under the Companies Acts or under similar legislation. Common forms include: In the United Kingdom, a partnership is not legally a company, but may sometimes be referred to (informally) as a "company". It may be referred to as a "firm" . In the United States , a company is not necessarily a corporation. For example, a company may be

270-405: A contract) or as a subsidiary for an entertainment company, motion picture company, television network, or all, and are generally smaller than the company they are partnered with. A book to film unit is a unit of a book publishing company for the purposes of getting books that they published adapted into film . Films have been using books as a prime source for films for years. In 2012, six out of

315-614: A development and co-finance plan. Macmillan Films was launched by Thomas Dunne Books in October 2010 under the packaging model similar to Alloy while also moving to get film rights from Dunne's published author. Also that year, Random House changed their strategy to film development and packaging only. Condé Nast Entertainment was started by Magazine publisher Conde Nast in October 2012. In 2013, Macmillan Films became Macmillan Entertainment with an expansion to look at other divisions' book for possible films. A production company

360-419: A particular product, regardless of where in the process their expertise is required, or how long they are involved in the project. For example, in a theatrical performance, the production team has not only the running crew , but also the theatrical producer , designers , and theatrical direction . The production company may be directly responsible for fundraising the production or may accomplish this through

405-465: A private corporate investment entity (see Legendary Pictures ). Their only source of profit comes from the productions they produce. Because entertainment and media are currently in "high demand", a production company can profit if its management is capable of using its resources to supply good quality products and services to the public. Many entertainment production companies brand their entertainment projects. An entertainment project can either become

450-451: A production. The entertainment industry is centered on funding (investments from studios, investment firms, or individuals either from earnings from previous productions or personal wealth), projects (scripts and entertainment franchises), and talent ( actors , directors, screenwriters , and crew). Production companies are judged and ranked based on the amount of funding it has, as well the productions it has completed or been involved with in

495-605: A reputation for making films that showcased African American talent in the film industry. The company made and distributed only five films. The first film that was created and produced by the Lincoln Motion Picture Company was " The Realization of a Negro's Ambition " (1916). This was the first film that would portray and show the Black middle class . These films were limited to African American audiences in churches, schools, and "Colored Only" theaters, despite

SECTION 10

#1732765655887

540-445: A self-publishing vanity press which are paid services. Both large and small production studios have an editorial board or editor-in-chief , along with other forms of a command hierarchy . Entertainment companies operate as mini conglomerate , operating many divisions or subsidiaries in many different industries. Warner Bros. Entertainment and Lionsgate Entertainment are two companies with this corporate structure. It allows for

585-426: A single company to maintain control over seemingly unrelated companies that fall within the ranges of entertainment, which increases and centralises the revenue into one company (example: a film production company, TV production company, video game company, and comic book company are all owned by a single entertainment company). A motion picture company, such as Paramount Pictures , specializing "only" in motion pictures

630-444: Is a legal entity representing an association of legal people, whether natural , juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Over time, companies have evolved to have the following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity,

675-402: Is considered to be a small production company. These companies often work with up and coming talent. Small production companies will either grow to become a major production company, a subsidiary completely owned by another company, remain small, or fail. The success of an entertainment production company is centered on the projects it produces, the talent it can acquire, and the performance of

720-442: Is only connected with its other counterpart industries through its parent company. Instead of performing a corporate reorganization, many motion picture companies often have sister companies they collaborate with in other industries that are subsidiaries owned by their parent company and is often not involved in the making of products that are not motion picture related. A film production company can either operate as an affiliate (under

765-410: Is owned by Paramount Global ). Alloy Entertainment while not a unit of a publisher started using a book packaging to film model of film and TV development by developing the property in-house, hire authors for the books and films, so as to own the property. Random House was the first big six book publisher to establish a book to film unit, Random House Films , in 2005 with a Focus Features deal under

810-448: Is usually run by a producer or director, but can also be run by a career executive. In entertainment, a production company relies highly on talent or a well known entertainment franchise to raise the value of an entertainment project and draw out larger audiences. This gives the entertainment industry a democratized power structure to ensure that both the companies and talent receive their fair share of pay and recognition for work done on

855-674: The Old French term compagnie (first recorded in 1150), meaning "society, friendship, intimacy; body of soldiers", which came from the Late Latin word companio ("one who eats bread with you"), first attested in the Salic law ( c. AD 500) as a calque of the Germanic expression gahlaibo (literally, "with bread"), related to Old High German galeipo ("companion") and to Gothic gahlaiba ("messmate"). By 1303,

900-477: The concentration of media ownership , who act as the production company' s partner or parent company . This has become known as the "studio system". Independent studios usually prefer production house (see Lionsgate ), production studio (see Amazon Studios ), or production team (see Rooster Teeth ). In the case of television, a production company would serve under a television network . Production companies can work together in co-productions . In music,

945-464: The Johnson brothers wanting a wider audience. Unfortunately, production expenses and low sales halted future films to be made and distributed. Noble left his position as president to become an actor at Universal Pictures , with Dr. James T. Smith taking over the position. Speculation tells that the films that starred Johnson were released by the company at this time were commercially more successful than

SECTION 20

#1732765655887

990-458: The company relocated to Los Angeles the following year. It remained in operation until 1923, closing shortly after announcing a final project, The Heart of a Negro . The point of the creation of Lincoln's was to eliminate the stereotypical roles of " slapstick comedy " in Hollywood at the time for Black actors and actresses. "best advertised and most widely known Race Corporation in the world" is

1035-455: The company's daily activities. In some cases, a production company can be run by only a handful of people. The company's funds are mainly committed towards employing talent, crew, and acquiring new updated production equipment on a regular basis. Many productions often require at least one to two cameras and lighting equipment for on location shooting. Production equipment is either leased or purchased from another production company or directly from

1080-440: The exposure, when shooting in public locations, major productions often employ security to ensure the protection of the talent and crew working on a specific production. After filming is completed, the production enters into post production, which is handled by a post production company and overseen by the production company. The editing, musical score, visual effects, re-recording of the dialog, and sound effects are "mixed" to create

1125-443: The famous slogan for the company. In the first two decades of the 20th century, African American audiences were ignored by film studios. Because African American audiences were ignored, there was a high demand for films geared to catering to black audiences. Thus bringing about the need for black motion picture production companies. The Lincoln Motion Picture Company is considered the first all-Black movie production company, building

1170-425: The final film, which is then screened at the final screening. Marketing is also launched during this phase, such as the release of trailers and posters. Once a final film has been approved, the film is taken over by the distributors, who then release the film. For legal reasons, it is common within the entertainment industry for production companies not to accept unsolicited materials from any other company, talent, or

1215-411: The general public. It is also common for filmmakers or producers to become entrepreneurs and open their own production companies so that they can have more control over their careers and pay, while acting as an "in-house" creative and business driving force for their company but continuing to freelance as an artist for other companies, if desired. Company A company , abbreviated as co. ,

1260-426: The guild. Productions with smaller budgets are allowed to use both guild talent and talent from the public. The majority of the talent and crew working in the entertainment industry are members of their professions guild. Most productions in the entertainment industry are guild productions. A production company is responsible for the development and filming of a specific production or media broadcast. In entertainment,

1305-597: The legal context, the owners of a company are normally referred to as the "members". In a company limited or unlimited by shares (formed or incorporated with a share capital), this will be the shareholders . In a company limited by guarantee , this will be the guarantors. Some offshore jurisdictions have created special forms of offshore company in a bid to attract business for their jurisdictions. Examples include segregated portfolio companies and restricted purpose companies. However, there are many sub-categories of company types that can be formed in various jurisdictions in

1350-440: The manufacturer. In the entertainment industry, in order to secure experienced professional talent and crew, production companies often become a signatory company to that talent or crew members "guild". By becoming a signatory company, it agrees to abide by the guild regulations. All big budget guild productions are exclusive to guild members and non guild members are not allowed to participate in these productions unless authorized by

1395-485: The nine best picture Oscar nominees were originally books. Previously, publishers did not develop their books into movie nor receive any of the profits. Neither Scholastic or Little Brown, get any box office revenue from the Harry Potter and The Twilight Saga movies just through book sales. As the publishers faced decreasing revenue due to increased competition from self-published e-books, or Amazon.com moving into

Lincoln Motion Picture Company - Misplaced Pages Continue

1440-424: The past. If a production company has major funding either through earnings, studio investors, or private investors, and has done or been involved with big budget productions in the past, it is considered to be a major production company. These companies often work with well-known and expensive talent. If a production company does not have much funding and has not done or been involved with any big budget productions, it

1485-416: The production process begins with the development of a specific project. Once a final script has been produced by the screenwriters, the production enters into the pre-production phase, most productions never reach this phase for financing or talent reasons. In pre-production, the actors are signed on and prepared for their roles, crew is signed on, shooting locations are found, sets are built or acquired, and

1530-486: The production's shooting locations for both privacy and safety reasons. In many cases, the director, producers, and the leading actors are often the only people with access to a full or majority of a single script. Supporting actors, background actors, and crew often never receive a full copy of a specific script to prevent leaks. Productions are often shot in secured studios, with limited to no public access, but they are also shot on location on secured sets or locations. Due to

1575-552: The proper shooting permits are acquired for on location shooting. Actors and crew are hand picked by the producer, director, and casting director, who often use collaborators or referenced personnel to prevent untrusted or unwelcomed people from gaining access to a specific production and compromising the entire production through leaks. Once a production enters into principal photography, it begins filming. Productions are almost never cancelled once they reach this phase. Codenames are often used on bigger productions during filming to conceal

1620-517: The publishing field, publishers have started to enter the film and TV production business to boost their net income with Amazon attempting to compete there too. More screenwriters are turning to book publishers to get their screenplay published as a book, so as to have a boost in their attempt to have the screenplay turned into a movie, given that it is a known product after the book. Publisher Simon & Schuster , though not involved with film and TV, shares possible film and TV deals with CBS (S&S

1665-423: The reputation of the exchange or particular market of an exchange. Private companies do not have publicly traded shares, and often contain restrictions on transfers of shares. In some jurisdictions, private companies have maximum numbers of shareholders. A parent company is a company that owns enough voting stock in another firm to control management and operations by influencing or electing its board of directors;

1710-441: The resulting entities are often known as corporate groups . A company can be defined as an "artificial person", invisible, intangible, created by or under law, with a discrete legal capacity (or "personality"), perpetual succession , and a common seal . Except for some senior positions, companies remain unaffected by the death, insanity, or insolvency of an individual member. The English word, " company ", has its origins in

1755-415: The talent. Marketing is also a major factor. All films, as a tradition, are often marketed around the image and the performance of the actors; with an option of marketing the behind the scenes crew such as the directors and screenwriters. Unlike many other businesses, a production company does not rely on an ongoing revenue stream , they operate on ongoing investments; this often requires a parent company or

1800-615: The term production team typically refers to a group of individuals filling the role of " record producer " usually reserved for one individual. Some examples of musical production teams include Matmos and D-Influence . The aforementioned publishing conglomerates distribute said creative works, but it is not uncommon for production companies to act as a publication . For example, The Walt Disney Company and Nintendo act as publisher for Walt Disney Animation Studios and Nintendo Entertainment Planning & Development respectively. Self-publishing , in this case, should not be confused with

1845-468: The white owned Universal Studios. The Lincoln Motion Picture Company lasted until 1921. Although the Lincoln Motion Picture Company did not last long, it was influential in the African American community. This company inspired the movement of more ethnic movie companies. Production company Generally the term refers to all individuals responsible for the technical aspects of creating

Lincoln Motion Picture Company - Misplaced Pages Continue

1890-543: The word company referred to trade guilds . The usage of the term company to mean "business association" was first recorded in 1553, and the abbreviation "co." dates from 1769. According to the Company Law of the People's Republic of China , companies include the limited liability company and joint-stock limited company which founded in the mainland China. In English law and in legal jurisdictions based upon it,

1935-406: The world. Companies are also sometimes distinguished for legal and regulatory purposes between public companies and private companies . Public companies are companies whose shares can be publicly traded, often (although not always) on a stock exchange which imposes listing requirements / Listing Rules as to the issued shares, the trading of shares and future issue of shares to help bolster

1980-501: Was created by the state which granted the privilege of incorporation. Companies take various forms, such as: A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duties according to the publicly declared incorporation published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies;

2025-649: Was restructured at the end of 2010 under new management and currently struck deals with some of the Big Six studios (most notably the Sony Pictures Motion Picture Group and Warner Bros. ); Miramax , which was downsized by former owner Disney into a smaller division. Because a production company is only operational when a production is being produced and most of the talent and crew are freelancers , many production companies are only required to hire management staff that helps to oversee

#886113