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Management Of Filmnation Company Research Paper

Film Nation is a relatively new production company that already boasts a long leger of big hits including Chernobyl Diaries, The King's Speech, and The Raven. In addition to their lists of production credits, Film Nation has distribution rights to a number of movies including Ceremony and Aftershock. A long and esteemed list of film makers have linked with Film Nation to bring a film to production including Steven Soderbergh, Terrence Malick, Pedro Almodovar, Jeff Nichols and Sofia Coppola (Film Nation). Film Nation's most recent acquisition has been the screenplay to children's book "A Tale Dark & Grimm" by author Adam Gidwitz (McNary). The announcement of the acquisition was made at the Toronto Film Festival. According to company literature, "veteran international film executive Glen Basner" founded Film Nation in 2008 (Film Nation). The company is described as "a new kind of film company -- global, versatile and full-service; and is a go-to destination for many of the world's most renowned filmmakers," (Film Nation). According to the Film Nation Web site, the company "can board a project in a myriad of ways (as a producer, financier, sales agent, international distributor or marketer) and at any stage in a film's lifespan including development," (Film Nation). Indeed, Film Nation's list of projects is impressive and includes luminaries ranging from Robert Redford to Pedro Almodovar.

Film Nation is doing a lot right; it is running a small production company dedicated to the development of interesting films that, while mainstream, are still quirky and intellectual enough to be considered artistic. While it is impossible to disagree with any of the film contracts that Film Nation has boarded, it is possible to take issue with...

The company has "forged a number of strategic relationships with some of the most prolific, respected producers and financiers operating in the film business," (Film Nation). Some of these strategic partnerships might prove detrimental to the company in the near or distant future.
For one, Film Nation has already decided to undergo distribution rights as part of its diversification strategy. The distribution rights decision seems like a sound one, and it might work in theory. However, the rights to distribute films that Film Nation did not produce could prove to be a costly burden in the future. If the films that are being distributed by Film Nation were to be seized by the black market, then Film Nation would witness reduced revenues on that batch. Another reason why the distribution rights diversification might not be a sound management strategy is that the company is spreading its resources too thin. This will force Film Nation to hire more employees for the distribution sector, and it could affect the decisions they make with regards to film production.

Film production is Film Nation's backbone. Therefore, its best alternative was not to diversify in this way. All decisions the management makes should be with the goal of excellent filmmaking in mind, and whatever Film Nation does to hamper stellar film nation could ruin the company's reputation. When Film…

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References

Film Nation [Web Site]. Retrieved online: http://www.wearefilmnation.com/

Foreman, Liza. Colin Firth, Michael Fassbender Set for A. Scott Berg Adaptation 'Genius'. The Wrap. Retrieved online: http://www.thewrap.com/movies/column-post/colin-firth-michael-fassbender-set-scott-berg-adaptation-genius-63286

McNary, Dave. "FilmNation feeling 'Dark & Grimm': Company acquires feature rights to children's book." Chicago Tribune. 6 Sept 2012. Retrieved online: http://articles.chicagotribune.com/2012-09-06/entertainment/sns-201209061547reedbusivarietynvr1118058801-20120906_1_dark-grimm-dark-grimm-adam-gidwitz
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