The relation between the incident angle and the crystallographic orientation of a vacuum deposited Co-Cr film is discussed. Also presented are the magnetic properties and the orientation of both a Ni-Fe underlayer and the Co-Cr film for the double layer medium, and the experimental results about the composition distribution in the co-cr film. The films were deposited on a transporting polymer substrate by continuous vacuum deposition. It is found that the orientation of the Co-Cr film is determined only by the incident angle at the initial point of the film formation, and that deposition efficiency more than 50% can be achieved easily. A double layer medium with Ti film under the Ni-Fe film (Co-Cr/Ni-Fe/Ti medium), which is suitable for perpendicular magnetic recording, is produced by vacuum deposition. Auger depth profile in radial direction of the column of the Co-Cr film shows directly that there is Cr segregation near the columnar grain boundaries.