• Title/Summary/Keyword: Film Production Company

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An Empirical Study on the Evaluation of Film Production Company (영화제작기업의 가치평가에 대한 실증 연구)

  • Roh, Myeong-Ho;Kim, Dong-Hwan
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.8 no.5
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    • pp.1259-1265
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    • 2007
  • In order to accelerate the development of the Film Industry of Korea it is quite necessary to evaluate the value of Film Production Company appropriately and then to activate investment through its work of estimating. So far however, the researches on the evaluation model for Korean Film Production Company has been rarely conducted considering those of any other advanced countries. Therefore, the appropriate valuation model among numerous valuation model for film firms has not been provided until now. So the purpose of this article is to suggest the rational decision making criteria for the investment of Film Production Company by comparing with DCF, FCF, and ROV model through the empirical research focused on case study. According to the results of research, ROV model is more efficient and available comparing other two methods.

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Cost Distribution Strategies in the Film Industry: the Simplex Method (영화의 유통전략에 대한 연구: 심플렉스 해법을 중심으로)

  • Hwang, Hee-Joong
    • Journal of Distribution Science
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    • v.14 no.10
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    • pp.147-152
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    • 2016
  • Purpose - High quality films are affected by both the production stage and various variables such as the size of the movie investment and marketing that changes consumers' perceptions. Consumer preferences should be recognized first to ensure that the movie is successful. If a film is produced without pre-investigation and analysis of consumer demand and taste, the probability of success will be low. This study investigates the balance of production costs, marketing costs, and profits using game theory, suggesting an optimization strategy using the simplex method of linear programming. Research design, data, and methodology - Before the release of the movie, initial demand is assumed to be driven largely by marketing costs. In the next phase, demand is assumed to be driven purely by a movie's production cost and quality, which might also further determine consumer demand. Thus, it is essential to determine how to distribute pure production costs and other costs (marketing) in a limited movie production budget. Moreover, it should be taken into account how to optimally distribute under the assumption that the audience and production company's input resources are limited. This research simplifies the assumptions for large-scale and relatively small-scale movie investments and examines how movie distribution participant profits differ when each cost is invested differently. Results - When first movers or market leaders have to choose both quality and marketing, it has been proven that pursuing a strategy choosing only one is more likely than choosing both. In this situation, market leaders should maximize marketing costs under the premise that market leaders will not lag their quality behind the quality of second movers. Additionally, focusing on movie marketing that produces a quick effect while ceding creative activity to increase movie quality is a natural outcome in the movie distribution environment since a cooperative strategy between market competitors is not feasible. Conclusions - Government film development policy should ignore quality competition between movie production companies and focus on preventing marketing competition. If movie production companies focus on movie production quality improvement then a creative competition would ensue.

Recovery of High Purity KI Crystal from Aqueous Waste of Polarizing Film Manufacturing Process (LCD용(用) 편광(偏光)필름제조폐용액(製造廢溶液)으로부터 고순도(高純度) KI결정(結晶) 회수(回收)에 관한 연구(硏究))

  • Kim, Dae-Weon;Jang, Seong-Tae;Choi, Soon-Ryung
    • Resources Recycling
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    • v.21 no.2
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    • pp.53-58
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    • 2012
  • A laboratory study was carried out to recover KI crystals with high purity from a waste solution generated from the production of polarizing film for LCD industry. The waste solution contains 1 to 4% KI, and other impurities such as B, PVA and etc. More than 95% purity of KI crystals were produced through refining process such as vacuum evaporation and fractional crystallization. Most of B compounds and impurities were removed by concentrating the waste solution until KI content reached about 50%. The KI crystals were washed with solvents to remove most of PVA which gave result in producing 99.5% purity of crystals. The overall recovery of KI was about 90% during the concentration process.

Manufacture of High Purity KI Crystal by Fractional Crystallization Method from Aqueous Waste of KI (KI 폐용액(廢溶液)으로부터 분별결정법(分別結晶法)에 의한 고순도(高純度) KI결정(結晶) 제조(製造)에 관한 연구(硏究))

  • Kim, Dae Weon;Jang, Seong Tae;Choi, Sung Bum
    • Resources Recycling
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    • v.22 no.1
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    • pp.48-54
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    • 2013
  • A laboratory study was carried out to recover KI crystals with high purity by using fractional crystallization method from a waste solution generated from the production of polarizing film for LCD industry. The waste solution contains 1.3% KI, and other impurities such as B, Na, and PVA etc. With purity higher than 99.5% KI crystals were produced through refining process such as vacuum evaporation, fractional crystallization, filtering, and 24hr aging. Also the concentrated impurities were eliminated about 70% by recrystallization.

Development of New Variables Affecting Movie Success and Prediction of Weekly Box Office Using Them Based on Machine Learning (영화 흥행에 영향을 미치는 새로운 변수 개발과 이를 이용한 머신러닝 기반의 주간 박스오피스 예측)

  • Song, Junga;Choi, Keunho;Kim, Gunwoo
    • Journal of Intelligence and Information Systems
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    • v.24 no.4
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    • pp.67-83
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    • 2018
  • The Korean film industry with significant increase every year exceeded the number of cumulative audiences of 200 million people in 2013 finally. However, starting from 2015 the Korean film industry entered a period of low growth and experienced a negative growth after all in 2016. To overcome such difficulty, stakeholders like production company, distribution company, multiplex have attempted to maximize the market returns using strategies of predicting change of market and of responding to such market change immediately. Since a film is classified as one of experiential products, it is not easy to predict a box office record and the initial number of audiences before the film is released. And also, the number of audiences fluctuates with a variety of factors after the film is released. So, the production company and distribution company try to be guaranteed the number of screens at the opining time of a newly released by multiplex chains. However, the multiplex chains tend to open the screening schedule during only a week and then determine the number of screening of the forthcoming week based on the box office record and the evaluation of audiences. Many previous researches have conducted to deal with the prediction of box office records of films. In the early stage, the researches attempted to identify factors affecting the box office record. And nowadays, many studies have tried to apply various analytic techniques to the factors identified previously in order to improve the accuracy of prediction and to explain the effect of each factor instead of identifying new factors affecting the box office record. However, most of previous researches have limitations in that they used the total number of audiences from the opening to the end as a target variable, and this makes it difficult to predict and respond to the demand of market which changes dynamically. Therefore, the purpose of this study is to predict the weekly number of audiences of a newly released film so that the stakeholder can flexibly and elastically respond to the change of the number of audiences in the film. To that end, we considered the factors used in the previous studies affecting box office and developed new factors not used in previous studies such as the order of opening of movies, dynamics of sales. Along with the comprehensive factors, we used the machine learning method such as Random Forest, Multi Layer Perception, Support Vector Machine, and Naive Bays, to predict the number of cumulative visitors from the first week after a film release to the third week. At the point of the first and the second week, we predicted the cumulative number of visitors of the forthcoming week for a released film. And at the point of the third week, we predict the total number of visitors of the film. In addition, we predicted the total number of cumulative visitors also at the point of the both first week and second week using the same factors. As a result, we found the accuracy of predicting the number of visitors at the forthcoming week was higher than that of predicting the total number of them in all of three weeks, and also the accuracy of the Random Forest was the highest among the machine learning methods we used. This study has implications in that this study 1) considered various factors comprehensively which affect the box office record and merely addressed by other previous researches such as the weekly rating of audiences after release, the weekly rank of the film after release, and the weekly sales share after release, and 2) tried to predict and respond to the demand of market which changes dynamically by suggesting models which predicts the weekly number of audiences of newly released films so that the stakeholders can flexibly and elastically respond to the change of the number of audiences in the film.

FOS improvement through the growth speed increase of A-Si layer in TFT process

  • Kim, Pyung-Hun;Kang, I.B.;Lee, Eui-Wan;Jung, Ji-Man;Gil, W.S.;Lee, Hyung-Gi;Lee, Y.H.
    • 한국정보디스플레이학회:학술대회논문집
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    • 2004.08a
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    • pp.1040-1043
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    • 2004
  • As time goes by, the market demand increases and each LCD panel manufacturing company makes every effort to produce more panels in a limited time. It is necessary to reduce the cost and time of production for the improvement of productivity in manufacturing companies. The increased speed of thin films growth used in the TFT process brings improvement of productivity but it is also accompanied by a drop in display quality due to a characteristic change of the thin film. So in our dissertation, we deal with the increased speed of a-Si layer growth and the proportioned a drop in characteristic quality. We discuss a drop in display quality by a characteristic change of a-Si layer and we propose a counter-plan through panel design improvement. We have already applied our plan to the 15" XGA panel and confirmed the improved result.

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Comparison of TOFD and Radiographic Testing for a Mock-up Specimen (모의 시험편에 대한 TOFD와 방사선투과시험의 비교)

  • Kim, Chung-Jick;Jeon, Jong-Gun;Kim, Jin-Taek
    • Journal of the Korean Society for Nondestructive Testing
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    • v.28 no.1
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    • pp.64-69
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    • 2008
  • In order to detect the internal defects which occur in welding parts of pressure vessel and structures, radiographic testing and ultrasonic testing is applied. However, because of the risks of radiation exposure and film processing, radiographic testing takes a relatively long time to verify the test results and it has affected in the production process. Typically, the manual ultrasonic testing is not easy to reproduce the result and it is highly dependent on the tester's skills. The TOFD technique, one of the automatic ultrasonic testings is spreading alternatively. This research describes the comparing test results by applying radiographic testing and TOFD technique to a mock-up specimen incruding the flaws. The TOFD technique will contribute to improve the objective reliability of the ultrasonic technique.

A Study to Compare between Groups Glassified by Demographic Characteristic into Effects of Word of Mouth and Methods of Sales Promotion in Intention of Watching Movies (개봉 전 후 영화의 구전효과와 판촉방식에 따른 인구통계학적 집단 간의 차이에 관한 연구)

  • Kim, Yang Sug;Lee, Bo Young
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.10 no.6
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    • pp.59-68
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    • 2015
  • It's important to analyse effects of word of mouth for making its impact higher in performance of motions pictures. And it's required to combine variety sales activities like free gift, promotion goods and price discount with word of mouth for the box office of film. The purpose of this study is to compare between groups classified by demographic characteristic into effects from word of mouth and methods of sales promotion in intention of watching film. On the other hand existing studies on sales activity and word of mouth were one-sided in theoretical background, a meaning of this study is theorizing a social phenomenon about sales promotion of movie giving actual examples that currently are effected by production company, Movie theaters, distribution company and affiliated company. For this purpose, it conducted a survey targeting 500 students in B university in Seoul city and 379 answers got received, and it proceeded this study with 369 answers except 10 inaccurate ones. Creating questionnaires with Likert 5 point scale, it decided that case of substantial inclination was 5 points and inverse one is 1 point. Doing analysis T and ANOVA according to male and female, kinds of major study and number of average monthly watching movie, it analysed the test results after comparison analysis between classified group. The results are summarized as follows: First, offering premiums is more effective by masculine than feminine, but situation of free gift is an opposite result. Second, there are no differences of effects word of mouth and methods of sales promotion by majority departments. Third, there are much differences between groups classified by average number of watching film in a month into effects from word of mouth and methods of sales promotion. Group of watching film more 3 times in a month is more effective than the other groups in intension of watching film by word of mouth. Fourth, word of mouth is great factor to increase intention of watching film and second one is discount on the price.

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Plastic Packaging Industry of Thailand (태국 플라스틱 포장산업 현황에 관한 고찰)

  • Park, Hyung Woo;Kim, Sang Hee;Koh, Ha Young;Vanee, C.;Lerpong, J.
    • KOREAN JOURNAL OF PACKAGING SCIENCE & TECHNOLOGY
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    • v.22 no.3
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    • pp.103-106
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    • 2016
  • This survey was performed by Kasetsart University Department of Packaging and Materials Technology on Food Packaging Industry in Thailand, was to conduct on the status and trends of food packaging industry to obtain the information on the plastic of packaging materials in food packaging in Thailand. The survey conducted by field visits, questionnaires, interviews and personal communication as well as published data from different sources. The ration of plastic consumption among the industries, packaging is showed 49%, textile 15% and construction 11% respectively. Numbers of company among packaging industry, film processing company is 503, injection molding is 231, blow molding is 216. Production volume of PP, HDPE, LLDPE and LDPE is 1,950 mil. ton, 1,920 mil. ton, 1,150 mil. ton and 685 mil. ton, respectively. Import of plastic 16,668 mil. baht and export is 33,778 mil. baht. Plastic consumption is plastic bottle and flexible pouch, mainly being used in beverage industry. The past decade as it has been replaced by flexible pouches and aseptic cartons in Thailand.

Development of Tablet PC-Based Multimedia Educational Contents for Patients and Their Family Undergoing Thoracic Surgery (흉부수술 환자와 가족을 위한 태블릿 PC기반 멀티미디어 교육자료 개발)

  • Kim, Jung Eun;Hwang, Seon Young
    • Journal of Korean Clinical Nursing Research
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    • v.22 no.1
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    • pp.99-108
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    • 2016
  • Purpose: This study aims to develop Tablet PC-based multimedia educational contents on the procedures from surgery preparation to recovery for hospitalized patients who are going to undergo thoracic surgery and their families. Methods: The educational contents were created based on literature review and a survey of needs in patients and their families who were admitted to a hospital in Seoul from Dec. 2013 to May 2014. The contents were developed in conjunction with a film production company. The educational materials including texts, images, sounds, and videos were developed appling the ADDIE (analysis, design, development, implementation, and evaluation) model. Results: Two multimedia educational contents were developed for the patients with coronary artery bypass graft or lung surgery. Each content consisted of six subdivisions of self-learning for 20 minutes. The developed educational contents were completed after testing content validity by 30 medical experts. Conclusion: This study recommends that the Tablet PC-based educational contents for thoracic and cardiovascular patients and their families be used in general wards and intensive care units to relieve their anxiety before surgery and reduce postoperative complications.