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Issues in Philippine CInema

Essay specific features

 

Issue:

Music and Movies

 

Written by:

Richard E

 

Date added:

July 5, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

18 / 4874

 

Was viewed:

2666 times

 

Rating of current essay:

 
Essay content:

Hence it is more apt to use the term film industry since what they are describing not the film medium per se but that of the commercial side of filmmaking. Not discounting that movie-making is also a business in which most mainstream producers are more interested in making money rather than making movies of quality, and to the fact that any business' survival highly depends on revenue, it is also worth taking a look at an issue that is plaguing the film industry...
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The Philippine movie industry is the most heavily taxed business sector in the Philippines. A released movie is imposed a 30% amusement tax, translating to a formula that a movies have to gross three times the capital for it to just break even. So a 10 million movie must earn more than 30 million at the box-office otherwise it would all have been for nothing...
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