entertainment company business plan

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Entertainment company business plan

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In response to the growing popularity and necessity for a presence on the Internet, DJA will create and design a web presence for itself. DJA will create space on its web site for each artist signed to the company. Allowing for increased public exposure, the public will be able to learn more about the artist or group. DJA has formulated a simple but successful approach to market its products. The financial success of an album can be guaranteed through the establishment of proper marketing and promotion budgets.

With properly established budgets, DJA Music will generate large streams of profits from each of its projects. In these strategic alliances and joint ventures, the larger company may invest money to: a assist in completing album projects, b manufacture compact discs and tapes and c assist with marketing and promotion plans.

DJA Music will utilize its distribution network to allow for the distribution of projects for smaller, independent record labels. Company founders have had discussions with numerous record labels across the country that are interested in working with DJA.

Partnerships with these companies will be dictated by the strength of company management, the quality of both their artist and product and the size of their marketing and promotion budget. Label Vice Presidents will solely handle the majority of these functions for their particular label with the assistance of shared administrative staff.

As each label grows in terms of sales revenue and the number of recording artists, additional staff will be added to provide necessary support. Wherever possible and feasible, staff will be shared between labels in an effort to minimize unnecessary overhead.

As DJA reaches profitability and becomes a stable operation, several lucrative exit scenarios become viable. DJA may be acquired by a major record company, or the shareholders may liquidate their ownership positions through sale of shares to management or outside investors. A renowned producer, and recording artist, and employee with such major companies and labels as Cook Distributing, Simpson, Star and Edwards, Mr. Sean Hertel, Senior Vice President New River , provides an impressive blend of entertainment and general business which will be instrumental in leading New River.

Most recently, Mr. In this capacity, Mr. Hertel was responsible for artist development, artist negotiation and music production. Erik Tylor, Senior Vice President Sun , has developed a multi-faceted background with experience in finance and banking, in addition to comprehensive experience in the entertainment industry.

Tylor honed and developed his management and production skills with New Sounds Productions. Working in the realm of Christian music, Erik has developed a cadre of affiliations. Relationships with artists, concert promoters, program directors radio stations and ministries across the United States will be beneficial to his role as the Senior Vice President of Sun Records.

Max Roland, Senior Vice President Swell , has developed a varied background of experience in the industry. Most recently, he has concentrated on his solo career which has produced four Jazz albums for Star. Due to his experience in the Jazz niche of the music market, Max has developed a solid network of personal contacts with radio promoters, musicians, producers, and executives.

These affiliations are invaluable to DJA and will allow the company to make an instant impact in the marketplace. A qualified, experienced and talented staff has been selected to operate DJA Music and its associated labels. In fact, these individuals have produced and marketed projects which have earned nominations for Grammy and Stellar Awards. This assemblage is poised to utilize its combined skills to ensure the growth and profitability of DJA. DJA is offering several simultaneous investment opportunities to cater to short and long-term investor needs and requirements.

DJA seeks to keep the structure of the financing simple and flexible. Phase 1 is composed of , shares of common stock and , debentures The shares in the second phase will also be linked offering: two common shares linked together with one preferred share. This action can take place within eight years from issuance. Funds will be used to establish corporate offices, maintain overhead expenses, acquire and secure artists, fund project production budgets, and fund multi-faceted marketing and promotion budgets.

DJA will generate the majority of its revenue from the sale of pre-recorded music product. For purposes of revenue forecasts, management has projected varying unit volumes for each of its projects. Sales will occur within a fifteen-month time frame from the release date. Revenue will also be earned from the sales of digital music through iTunes and other online retailers. DJA will release and promote three to four singles from each full-length album project.

Additional DJA profit centers will include distribution services, video sales revenue, merchandise sales revenue and concert promotion revenue. After 23 months, DJA will become cash flow positive and self-sustaining. The company will maintain a cash balance of at least nine months of operating expenses to ensure an adequate buffer for collecting receivables and unforeseen costs associated with this industry.

The majority of accounts receivable will be outstanding from the distribution company, which receives payment directly from retailers and will subsequently remunerate DJA. Inventory — Inventory for album releases and upcoming product has been conservatively projected. A small amount of sample 1,, units and promotional products will be kept on hand at DJA corporate offices.

Artist Royalties will be accumulated and paid bi-annually, in August and February. Project Production Budgets — These vary depending on the genre of the project. Established relationships and affiliations in the industry enable DJA to produce its projects over a ninety-day period, for approximately half the typical cost paid by a major label record company.

Marketing budgets will be expired through the course of twelve-month marketing campaigns. See this business proposal for implementing a web based timesheet training program. Download this free marketing plan example to create your own. Includes sample marketing plan template text, charts, tables — doc format for easy editing. Use this Living Will sample as an example of a living will for your estate.

Copy it as a blank will form in Word or use the online living will template. Try Morebusiness. The marketing plan section of the business plan explains how you're going to get your customers to buy your products or services. To be successful, you will need an artist statement, a marketing plan, art business goals, and a road map to build name recognition in the art world Your marketing plan is a vital part of your overall business plan and strategy.

The business name used in this article does not exist anywhere. This detailed page document is in Microsoft Word format and contains the full text from MoreBusiness. Sports and Entertainment Marketing - Chapter 6. With this, it is important for you to properly record, update, and manage your marketing. If you are planning to start a new event planning business, the first thing you will need is a business plan.

Entertainment business plan marketing A business plan comprises different functions of business, from sales, to accounting, to human resource, to socio-cultural aspects. A marketing plan will typically include the following elements:. Use our Eventel - Event planning business plan example created using upmetrics business plan software to start writing your business plan in no time Before you start writing your business plan for your new event planning business, spend as much time as you can to reading through some.

Another section worth including would be one on marketing. Use this entertainment business plan example to start your production company. The industry is booming, and there are no signs of it slowing down Download this editable retail bike shop business plan template to start your entertainment business. Sports and Entertainment Marketing - Chapter 2. You can edit it easily to create your own entertainment business plan quickly Here is a sample business plan for starting an entertainment park.

Marketing, promotion entertainment marketing business plan and matching the products with the correct Artists. Going from a creative hobbyist to an art professional takes planning. Perhaps more than any other section of your business plan, the Sales and Marketing section will act as your playbook for the actual running of your company, so think it through very carefully and use it!

Start with a video brief that articulates the target audience, call s to entertainment marketing business plan action, distribution channels, hosting source. Depending on the kind of business you are planning, some of the. We guarantee that your customers will love you for. The area will also offer three private sky. We recognized this early on in the process of providing. Discuss how many employees you currently have if any and how many you expect to have over the next years..

But this business plan focuses on sales and marketing, and here are the essential components that comprises a sales and marketing business plan. This can be achieved through a marketing plan consisting of the following tools: publicity, community outreach, entertainment marketing business plan advertising, art direction, radio promotion, independent promoters, broadcast music videos, touring, retailer co-op advertising, motion picture tie-ins.

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The media, recreation, and entertainment industry mainly consist of arts, movies, prints, radio, and television.

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Entertainment company business plan Wasatch Family Fun Center will provide customers with a wholesome environment of amusement, entertainment, competition, year-round activities, and great food at affordable prices. This detailed page document is in Microsoft Word format and contains the full text from MoreBusiness. It is also important to develop the pricing strategy of you music studio. Table of Contents. The entertainment and media industry covers a wide range of services and products. Kinda cool! A second phase consisting of sixteen productions for artist follow-up albums and newly acquired artists will begin in late
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