The Entertainment Industry and Venue Management - Assignment
Added on 2021-01-01
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The Entertainment Industryand Venue Management
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................11.1 Analyse the contribution of the entertainment industry to the economy development anddistribution of different activities...........................................................................................11.2 Compare local, regional and national funding agencies and their impact on theentertainment and venue industry...........................................................................................2TASK 2............................................................................................................................................32.1 Compare the scope of the entertainment and venue industry and the range of activitiesoffered.....................................................................................................................................32.2 Classify entertainment activities using audience profiles and venues..............................4TASK 3............................................................................................................................................43.1 Compare management and operational strategies for selected venues, commenting on theirrevenue generation and procedures........................................................................................43.2 Evaluate different areas of work and responsibilities for selected venues, commenting oncurrent practices, deployment of staff to ensure a smooth and effective organisation...........5TASK 4............................................................................................................................................6CONCLUSION................................................................................................................................6REFERENCES ...............................................................................................................................7
INTRODUCTIONEntertainment industry and media practices numerous activities in UK to address severalchallenges and opportunities through digital platform. The department of Digital, culture, mediaand sport helps to drive the growth of entrainment industry by investing innovative ideas. Mainobjective of this industry is to provide quality, marvellous and tremendous experience todomestic as well as international visitors (Liu and Wilkinson, 2014). UK is the hub of suchmusic venues and historical places. There are numerous places as Southbank Centre and O2Arena that helps to conducts entertainment programs for audience. The report is going to covercontribution of the entertainment industry to the economy development procedure and types ofactivities offered by the entertainment industry. At last it determines management and operationof different types of venues as well as current trends in the entertainment industries. Mainobjective of these activities are to analyse the effectiveness of entertainment industry in aneconomy perspective. TASK 11.1 Analyse the contribution of the entertainment industry to the economy development anddistribution of different activitiesAfter Brexit, government of UK paid their maximum attention toward the developmentof new industries in which entertainment sector is the area of potential investment. In thisprocess, government as well as non-governmental organisations provide their equal contributionto added value of creativity in UK economy. On the basis of these media and entertainmentchannels, economy of UK can promote their culture and tradition in worldwide. All theseapproaches have direct impact on economy development activities through foreign directinvestment. Entertainment industry has numerous distribution in several activities as - Maximise number of visitors – Entertainment industry play a most crucial role in theeconomy development procedure (Matthew, 2017). They provide variety of services andtremendous experience to audience on the basis of their requirement as well as need. Thetourism industry of UK has already developed that assist to promote area of creativityacross the world. Through this, tourism as well as entrainment industry can maximisenumber of domestic or international visitors. These are the action plans towards theeconomy development and growth. 1
Employment services – Government of UK promote entrainment industry in UK inorder to identify skills, capability and creativity of individual to provide them opportunityfor career development. These kind of sector assist to promote new talents by providethem employment services. On the basis of this, individual can take a participation intechnology term as well which are requisite for the industry development procedure. Enhance creativity – The objective of entrainment industry is to enhance creativity ofindividuals by providing them opportunities of performance. The area of this sector isvery broad that assist to maximise performance approaches in their own field. These kindof procedure assist to provide opportunities to those who have ability to entertainaudience on their basis of their own abilities (Jones, Lorenzen and Sapsed, 2015). 1.2 Compare local, regional and national funding agencies and their impact on the entertainmentand venue industryEntertainment industry is the concern of tertiary sector of the country economy and thisincludes number of small industries which dedicated to the entertainment. It is the sector whichis used to depict collective media organisation that control the distribution and production ofhuge media entertainment. There are various agencies which contribute funds to entertainmentand venue industry at local, regional and national level. At local level, entertainment industry gain funds by taking donations or charities fromdifferent local people who are willing to contribute some money in this area. Second, regionallevel in which various sponsors and investors provides funds to the entertainment and venueindustry. Lastly at national level, government gather or collect capital in the form of taxes andalso many corporate sectors are contributing funds in this sector. There are various impact of local, regional and national funding agencies onentertainment and venue sector. By taking donations, this will raise local entertainment sectorfunds and event manager can also provide extra services to the local society people who comefor fun (Sanders and Hardy, 2014). For example, if a local society conduct program by takingdonation from different people and after its success, they try to conduct more programme inevery year. At regional level, if a small company sponsors are contributing their capital toregional level entertainment and venue industry and where large number of population are comefor seeing the event so this will increasing their product popularity among the people. At nationallevel, when government contribution funds in entertainment industry so this will be enhancing2
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