Economics of motion pictures: the state of the art

Chisholm, Darlene C.; Fernández-Blanco, Vı́ctor; Ravid, S. Abraham; Walls, W. David

doi:10.1007/s10824-014-9234-1

Cited by 61 publications

(23 citation statements)

References 65 publications

(80 reference statements)

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“…Fourth, our study provides a first comprehensive test of the conventional wisdom that the impact of users' reviews looms larger than that of critics' (e.g., Bughin et al 2010;Chakravarty et al 2010;Chisholm et al 2015). Our results refute this users' advantage assumption, in terms of both valence and volume.…”

Section: Increasing Users' Advantage Assumptionsupporting

confidence: 42%

Debates and assumptions about motion picture performance: a meta-analysis

Carrillat

Legoux

Hadida

2017

J. of the Acad. Mark. Sci.

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Across the many studies of motion picture box office success, unresolved debates and untested assumptions about the contributing factors persist. Using an accessibility-diagnosticity framework and a meta-analysis of 634 effect sizes from 150 studies, the current article seeks to clarify the relationships of star brand equity and product reviews (from consumers and critics) with box office success. The popularity of stars (market and media appeals) exerts a stronger impact on box office success than their artistic recognition (as per award nominations and wins) at the moment of a movie's release but not over its extended theatrical run. Whereas the impact of popular stars on box office success decreases over time, the influence of artistically recognized stars remains steady. The findings also identify a dual role for critics, who influence consumers' movie choice and predict box office performance by merely reflecting moviegoers' tastes. Finally, this study refutes the assumption that the impact of users' reviews strengthens over time, relative to critics' reviews.

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Section: Increasing Users' Advantage Assumptionsupporting

confidence: 42%

Debates and assumptions about motion picture performance: a meta-analysis

Carrillat

Legoux

Hadida

2017

J. of the Acad. Mark. Sci.

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“…To sum up, despite a large body of literature in the field-see McKenzie and Walls (2012) and Chisholm et al (2015) for a detailed survey-only a few papers consider how public intervention affects box office performance and, to the best of our knowledge, this article is the first to analyze its impact on quality. specification consists of a movie's revenue i as a function of public subsidies and genre, that is, comedy, drama, or thriller, with documentary treated as the reference category.…”

Section: Related Literaturementioning

confidence: 99%

The Great Beauty: Public Subsidies in the Italian Movie Industry

2015

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We examine the impact of public subsidies in the Italian movie industry by considering two dimensions: quantity (box-office revenues) and quality (film festival awards). Public subsidies and movie genres are employed as explanatory variables to investigate how public intervention and genre influence movie industry performance. We find that although public funding shows an overall negative influence on quantity and quality, there are some differences when considering public subsidies by genre. On balance, there is statistical evidence that dramas and thrillers are the genres that should be primarily financed by public agents.

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“…For the creative industry, movies and music recordings are the results of joint efforts of multiple partners in contract-based cooperations. Movies are especially typical projects involving the teamwork of a large number of individuals and companies working closely in roughly the same standard procedure [ 13 ]. Thanks to the public availability of detailed information about the alliances in the movie project lifetime, it provides a unique opportunity for researchers to look into the mechanisms of project alliances [ 14 ].…”

Section: Introductionmentioning

confidence: 99%

How Network Topologies Impact Project Alliance Performance: Evidence from the Movie Industry

Zhang

Tang

Xiong

et al. 2019

Entropy

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In many industries, partners are interconnected in project alliances that have limited lifespans and clearly-defined boundaries. The transparency of the movie industry provides a unique opportunity to study how alliance network topologies impact the performance of project alliances from the perspectives of social networks and organization theories. In this work, we compiled a massive movie dataset and constructed alliance networks for both movie production and distribution companies. Using the box office as the proxy for the financial performance of a movie project alliance, this research investigates how the two alliance networks impact the box office. We introduce the social network properties of degrees, centralities, and structural holes as alliance network variables into empirical regression models. The results show that alliance networks have a significant influence on the box office. The degrees of production companies and the structural holes of distribution companies are especially important to achieve success in the box office. The results add new evidence for the study of the movie economy and alliance networks. Meanwhile, this work also provides implications for the movie industry by revealing that it is essential to wisely choose partners that are appropriately embedded in alliance networks for the success of a movie project.

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Economics of motion pictures: the state of the art

Cited by 61 publications

References 65 publications

Debates and assumptions about motion picture performance: a meta-analysis

Debates and assumptions about motion picture performance: a meta-analysis

The Great Beauty: Public Subsidies in the Italian Movie Industry

How Network Topologies Impact Project Alliance Performance: Evidence from the Movie Industry

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