ⓘ Category:Economics of the arts and literature

Remember To Rise

Remember To Rise subtitled Blacks Dream is a derivative work of the Philosophers Legacy, a massive art collaboration. Observing innovation in developing countries, technologist of Ijebu descent Ade Abayomi Olufeko, known for his collective signature created the work as a cultural bequest for the African continent. Described as a polymath by Vanguard for his international work, Olufeko teamed up with the African business club at the London Business School, during its summit which held at the Landmark hotel, he introduced the digital painting parallel to his attendance and guest moderation o ...


Audiovisual is electronic media possessing both a sound and a visual component, such as slide-tape presentations, films, television programs, corporate conferencing, church services and live theater productions. Audiovisual service providers frequently offer web streaming, video conferencing and live broadcast services. Computer-based audiovisual equipment is often used in education, with many schools and universities installing projection equipment and using interactive whiteboard technology. Another audiovisual expression is the visual presentation of sound visual music.

Creative class

The creative class is a posited socioeconomic class identified by American economist and social scientist Richard Florida, a professor and head of the Martin Prosperity Institute at the Rotman School of Management at the University of Toronto. According to Florida, the creative class are a key driving force for economic development of post-industrial cities in the United States.

Cultural subsidy

A cultural subsidy is a payment from the government to specific cultural industries to ensure that some public policy purpose in culture are preserved and maintained in society. Cultural subsidies work similarly to other forms of subsidies such as industrial and consumer subsidies and have similar goals of expansionary economic results and increased utility for their targeted recipients. Implementation: Cultural subsidies are distributed in the form of grants and payment from the government to various institutions, groups or citizens who are seen to meaningfully contribute to their society ...

Film industry

The film industry or motion picture industry, comprises the technological and commercial institutions of filmmaking, i.e., film production companies, film studios, cinematography, animation, film production, screenwriting, pre-production, post production, film festivals, distribution and actors, film directors and other film crew personnel. Though the expense involved in making films almost immediately led film production to concentrate under the auspices of standing production companies, advances in affordable film making equipment, and expansion of opportunities to acquire investment cap ...

Media imperialism

Media imperialism is a theory based upon an over-concentration of mass media from larger nations as a significant variable in negatively affecting smaller nations, in which the national identity of smaller nations is lessened or lost due to media homogeneity inherent in mass media from the larger countries.