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Political Economy of Communications
Journalism & Communication
Pages 10 (2510 words)
[Student Surname] [Instructor Name] [Course Name] [Date] Political Economic Analysis of History of Filmed Entertainment It will not be incorrect to state that filmed entertainment has its origin in 19th century. This era gave economic opportunities to the entrepreneurs to make profits…
Herein, it should be noted that the major distributors of 19th and 20th century Nickelodeon era were pioneers of motion pictures namely Thomas Edison, George Eastman and more. It was the moment in the history of film developmental era that distributors like Thomas Edison monopolized the market of motion pictures. This paper is a clear understanding of the readings that have been selected for undertaking political economic analysis. Investors in the US film industry were one of the major cultural shifts that were noted in the 19th century. With the advancement of technology, the field developed to the extent in 20th century when motion pictures were being broadcasted with the help of celluloid. This further provided recognition to the filmed entertainment. However, the pioneers were the ones who had control over the equities (Litman 15). In order to gain capital, more and more innovation was needed in this newly born economic sector. It is for this reason that Thomas Edison used all his engaging resources in order to sell motion pictures. The fact remains that capital that was being received by filmed entertainment did not exceed much until the nickel arcades spurted up. ...
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