1min snip

My First Million cover image

The Wild Story Of ‘Mr. Tull’ - From Laundromats To $3.5B Hollywood Production Company

My First Million

NOTE

Investing in Marketing for Movies, Video Games, and DTC Brands

High-budget movies invest significant amounts in marketing, often matching the production costs. The marketing expenditure can be as much as $200 million, making each movie similar to a medium-sized company. Similarly, video game companies spend hundreds of millions on marketing, doubling the production cost. Direct-to-consumer (DTC) brands have adopted a 'Moneyball' approach, moving away from traditional brand advertising methods and focusing on targeted strategies to drive sales and brand awareness.

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