Written by Rohan Lamprecht. The term insolvency is commonly confused with bankruptcy and is often used incorrectly as a synonym for bankruptcy. Although both insolvency and bankruptcy deal with liabilities exceeding assets, insolvency refers to a financial state and bankruptcy to a distinct legal concept, a matter of law. Insolvency is defined as a financial condition or state experienced when: A legal entity* or a personâs liabilities (debts) exceeds their assets, commonly referred to as 'balance-sheet' insolvency; or
Production design is the visualization of the mood, tone, and character of each scene in a film; it's a foundation and reference point for the social group or groups in the film, providing contrast and root for each character or groups of characters and for the events in the film. Production design sets place.
A music producer can, in some cases, be compared to a film director, with noted practitioner Phil Ek describing his role as the person who creatively guides or directs the process of making a record, like a director would a movie.The audio engineering [person] would be more the cameraman of the movie..he music producer's job is to create, shape, and mold a piece of music. The scope of responsibility may be one or two songs or an artist's entire album â in which case the producer will typically develop an overall vision for the album and how the various songs may interrelate.