Working Title has produced many popular films, as well as undergoes some new developments, whether it is their technology or the way in which they make the films. When Working Title was first created by Tim Bevan and Sarah Radclyffe, it was originally an independent company, and because of this, they had a small budget to spend on making films. They started with films such as ‘The Man Who Shot Christmas’ and ‘Wish you were here’. These films were social realism genre, meaning that they needed less budget than an action film would need.Working title had to get their funding from government grants and the UK film council. Warp Films, another independent British film institution, also creates social realism films, such as ‘This is England’, because they also have a limited funding and have to get the funding the same way. However, in 1992 Polygram became the corperate backer of working title, and as polygram was already rather successful already, Working Title gained a slightly bigger budget for films allowing Working title is a British filming Industry that has been around since 1983. Over the last 27 years, for better films such as ‘Four weddings and a funeral’ which is one of Working title’s most famous films and really made Working Title what it is today. Then in 1999, Working Title was bought by Universal, one of the most well known and successful filming industries. Because of this, Working Title got a big increase in its budget allowing films more like Hollywood action films such as ‘Hot Fuzz’ and ‘The boat that rocked’. Because of this, Working title has worked its way up into the successful industry that know today.
Advantages of Investment:
- Allows for a bigger budgeting
- If the investor is a well known company then you become more well known by the public
Disadvantages of Investment:
- The company becomes less and less your own and Is controlled by someone else
- If the investor backs out you’re left with very little funding
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