GLOSSARY

Adaptations: Derivative works. When a motion picture is based on a book, the movie has been adapted from the book.

Animal mortality: Coverage for animals working on TV, ads, and movies, short term and annual.

Annuity: An annuity is also known as an financial contract. It's a financial product, offered by a financial institution, that may accumulate value and take a current value and pay it out over a period of years.

Association Trend: It is the key to successful innovation, and even politics and business of technology.

Bad: Dope, tight, good. (I.e. The movie premiere was bad!)

Bazaar: A sale of miscellaneous contributed articles to benefit some charity, cause, organization, etc.

Below-The-Line Costs: The technical expenses and labor including set construction, crew, camera equipment, film stock, developing and printing.

Box-office: Of or pertaining to the box office or to the business and commercial aspects of the theater

Breakout: an instance of surpassing any previous achievement of a different film, or production.

Cast insurance: Extra costs incurred in the completion of the film over and above the normal budgeted costs, occasioned by the death or disability (accident or sickness) of any specifically scheduled person.

Color Correction: Changing tonal values of colored objects or images by the use of light filters, either with a camera or a printer.

Coverage: Protection provided against risks.

Cross Collateralization: Practice by which distributors off-set financial losses in one medium or market against revenue derived from others. For example, the rentals obtained from France are combined with those from Italy, and after the expenses for both are deducted, the remainder, if any, is net revenue. Filmmakers don't like to have revenues and expenses pooled because it may reduce the amount of money they receive.

Efamation: A false statement that injures another's reputation in the community.

Eligible: Meeting the stipulated requirements, as to participate or qualify.

Financial Services: The finance industry encompasses a broad range of organizations that deal with the management of money. (i.e. banks, credit card companies, insurance companies, consumer finances, and etc.)

Film Stock: Stock: General term for motion picture film, especially before exposure.

Gross Receipts: Studio/distributor revenues derived from all media, including film rentals, television and home video licenses, merchandising and ancillary sales.

Hot: One who declares center stage due to their latest film.

Hyphenates: One whom fulfills two or more major roles such as producer-director, writer-director or actor-director.

Incapacity: Inability. Want of legal, physical or intellectual capacity. A minor, or a person committed to a mental institution, may be legally incapable of contracting with another.

In: Relating to persons, places, and things that are declared fashionable and acceptable at the time.

Liability: Money owed or obligation.

License: A formal permission, exceptional freedom, a grant.

Lipsynch: To synchronize (recorded sound) with lip movements, as of an actor in a film.

Key Art: Art work used in posters and ads for a movie.

Media: It is the sum of the public mass distributors of news and entertainment across mediums such as newspapers, television, radio, and broadcasting.

Music Venue: Any location regularly used for a concert or musical performance. Varying from size and location, from an outdoor bandstand, or an inside baseball stadium.

Net Profit: The actual profit made on a business transaction, sale, etc., or during a specific period of business activity, after deducting all costs from gross receipts.

Novel: A fictitious prose narrative of considerable length and complexity, portraying characters and usually presenting a sequential organization of action and scenes.

NTSC: National Television System Committee. The standard for North America, Japan and several other countries, which is 525 lines, 60 fields/30 frames per second. Compare to PAL.

Occurrence : Something that happens, event, or incident.

Originality: Freshness or novelty, as of an idea, method, or performance.

Panning: To photograph or televise while rotating a camera on its vertical or horizontal axis in order to keep a moving person or object in view or allow the film to record a panorama:

Peril: Exposure to injury, loss, or destruction; grave risk; jeopardy.

Preliminary: An introductory or preparatory step.

Premium: The amount paid or to be paid by the policyholder for coverage under the contract.

Product Liability & Negligence: A manufacturer is held liable regardless of whether it acted negligently.

Publicity: Extensive mention in the news media or by word of mouth or other means of communication.

Remake: A new production of a previously produced film.

Right of Privacy: The right to be left alone, and to be protected against a variety of intrusive behavior such as unjustified appropriation of one's name, image or likeness; the publicizing of intimate details of one's life without justification and unlawful eavesdropping or surveillance.

Sleeper: An unexpected hit. A film that audiences fall in love with and make a success.

Strict Liability: Claims focus on the products itself; even when the manufacturer did not negligently defect the product.

Successor-in-Interest: One who follows another in ownership or control of property.

Tabloids: Smaller formatted newspapers which emphasize the local-interest stories; including a celebrity gossip column describing the repeating scandals of their personal lives.

Target market: The defined audience segment a distributor seeks to reach with its advertising and promotion campaign, such as teens, women over 30, yuppies, etc.

Tenant: A person or group that rents and occupies land, a house, an office, or the like, from another for a period of time.

Underwriting: To select or rate risks for insurance.

Wide Release: The release of a film in numerous theaters usually 800-3,000.

Window: Period of time in which a film is available in a given medium. Some windows may be open-ended, such as theatrical and home video, or limited, such as pay television or syndication.

Writer's Strike: Labor unions representing film, television and radio writers working in the United States.