jurassic park
TRANSCRIPT
Jurassic Park
Holli Sheets, Daniel Halsey, Ashley Baier,, Jon Sanell,
Kylie Taylor
3 Years & 690 Licenses In The making
Jurassic Park Holli Sheets
Jurassic ParkHolli Sheets
PromotionValue
Brand Entertainment
Advertising Campaign
Brand
Value Daniel Halsey
How is value created and extracted in the motion picture industry?
Production Value Daniel Halsey
Higher Budget
$60 Million
20 Years Later
Value ChainDaniel Halsey
4 links in the chain Production Distribution Exhibition Consumption
Value Chain Daniel Halsey
What’s your favorite movie?
Daniel Halsey
Why? Target Audience? Personal Values
How Licensees Should be Selected
Jon Sanell
Licensing Agreements
A licensor A licensee
Jurassic Park & KennerJon Sanell
Kenner (Hasbro toy company) Toy line agreement Projected Sales
Merchandise Licensing Ashley Baier
http://www.youtube.com/watch?v=kag-YDnYWF8&feature=player_embedded
Who owned some sort of Jurassic Park Merchandise?
Ashley Baier
Risks vs. SuccessAshley Baier
Motion picture are much riskier than television shows, classic characters, and time-tested properties
Merchandise licensing Risks
Ashley Baier
Dependent on the Success of the film
Film reach the right target audience
Rivalry films with established merchandise
Merchandise synergy
Merchandise SuccessAshley Baier
Produced and marketed 5,000 different products
Merchandise generated $1 billion in worldwide retail sales
A lasting legacy
Special Challenges Developing Merchandising
LicensingKylie Taylor
Developing a coordinated event marketing strategy and distinctive logo
Selecting key promotional partners to build excitement with the campaign
Allotting sufficient time for signing up licensees
Developing a coordinated event marketing strategy and
distinctive logoKylie Taylor
The team risked widespread counterfeiting as their most relevant challenge in the merchandise licensing program dinosaurs are not protectable intellectual property
They over came this challenge by using their distinctive yellow, black and red “T-Rex Skeleton” logo that was traditionally used on the cover of Michael Crichton’s book this logo was recognizable and easily identified in
any country
Selecting key promotional partners to build excitement
with the campaignKylie Taylor
They chose McDonald's as their key partner McDonalds used the ad to promote their larger
portioned “Dino-sized” servings of drinks and French fries
http://www.youtube.com/watch?v=fSp7t2KRDks&feature=youtube_gdata_player
McDonalds made international marketing more available through familiarity of the restaurant worldwide
Allotting sufficient time for signing up licensees
The most challenging part of this venture was to maximize the popularity and revenues as well as allotting sufficient time for signing up licensees The Jurassic Park team licensed merchandise in
over 60 countries This enabled them to develop a range of quality
products
Including a wide range of adult and children's books
The campaign had to coordinate artwork, packaging, trademark, and copyright notices
Media Synergy & Film Franchising
Jon Sanell
What is Media Synergy & Film Franchising?
How are they related
Jurassic Park using synergy
Jon Sanell
Movie Trailers
Theme Parks
Toy Lines
https://www.youtube.com/watch?v=4tZeuJMW3NU
Franchising with Success
Jon Sanell
Licensing Copyrighting Trade marking
Collaborating Companies
Jurassic Park
Holli Sheets, Daniel Halsey, Ashley Baier, Jon Sanell,
Kylie Taylor