Sports Marketing Lesson Plan Day 17

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Sports Marketing Lesson Plan Day 17 Opening Bell Activity-    https://youtu.be/Xd0Ok-MkqoE Review Strand 6  Individual activity Group discussion on activity Review Strand 6 Shark Tank

Strand 6 (Review) Students will understand how basic marketing components are utilized within the entertainment industry (music, movies, plays, and the fine arts). Standard 1: Students will be able to explain the promotional strategies for motion pictures, music, plays and the fine arts such as those found in museums, centers for performing arts, as well as traveling exhibitions. Understand the ways movies are marketed/promoted worldwide. Understand how the marketing technique of providing previews helps to create demand for movies. Understand the nature of the New York City theatre district (Broadway) and why it is so important in the entertainment industry. Identify the different ways fine arts (ballet, museums, theatre, traveling exhibits, guest artists/conductors, etc.) are promoted including: playbill magazine, billboards, public transit ads, etc.)

Strand 6 (Review) Students will understand how basic marketing components are utilized within the entertainment industry (music, movies, plays, and the fine arts).. Standard 2: Students will be able to describe channel management (distribution) for various segments of the entertainment industry: (movies, plays, music, and the fine arts). Explain how an artist's music and appearances are distributed. Explain how the merger of media giants affect entertainment distribution. Explain how cable has influenced the distribution of home entertainment. Explain sources of "at home" entertainment distribution (pay-per-view, on- demand, NetFlix). Identify the different ways that fine arts (ballet, traveling exhibits, guest artists/conductors, etc.) are made available to the public.

Strand 6 (Review) Students will understand how basic marketing components are utilized within the entertainment industry (music, movies, plays, and the fine arts).. Standard 3: Students will understand how revenue is generated in the arts (movies, plays, music, and the fine arts) and the various factors which affect revenue generation. Identify the ways in which movie studios can generate money. Students will be able to calculate revenue and the profits from movies. Discuss what makes certain films more profitable (Star power, fan base following, sequels, etc.) Understand how the music industry operates financially and the various components of the revenue generating process and factors which can affect revenues. Explain both the promotional but more importantly the financial value of entertainment awards (Grammys, Tony Awards, the Oscars)

Group activity Individually select a movie and answer the following questions: Name of movie Genre (type) of movie Was the movie nominated for any Academy Awards (who)? Did the movie win any Academy Awards(who)? What did the movie cost to make? What did the movie make at the box office? Did this movie make money?  If yes, how much?  If no, how much did it lose? Thoughts on why it lost money or made money.     

Shark Tank Pay attention to what the guests are presenting.  Did they do a market analysis, did they consider what strengths and weaknesses their product has?  Did the sharks ask questions in regards to these items?   https://youtu.be/d-ZOBnzjL0g