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Success in the Film Industry
1 Abstract This paper attempted to answer the research question, “What determines a film’s success at the domestic box office?” The authors used an OLS regression model on data set of 497 films from the randomly selected years 2005, 2006, 2007, 2009, and 2011, taking the top 100 films from each year. Domestic box-office receipts served as the dependent variable, with MPAA ratings, critical reviews, source material, release date, and number of screens acting as independent variables in the final regression. Results showed that source material, critical reviews, number of screens, release date, and some genres were statistically significant and positively contributed to a film’s domestic revenue. Introduction Each year in the United States, hundreds of films are released to domestic audiences in the hope that they will become the next “blockbuster.” The modern film industry, a business of nearly 10 billion dollars per year, is a cutthroat business (Box Office Mojo). According to industry statistics, six or seven of every ten films are unprofitable, making the business risky at best (Brewer, 2006). Given this inherent risk, how do film studios decide which films to place their bets on? Are there common factors, such as critical reviews, MPAA rating, or production budget, which explain one film’s monetary success relative to another? This question forms the basis of this research project. To answer it, we estimated an Ordinary Least Squares regression that attempted to explain the monetary success of the top films in five years out of the past decade. This regression expanded our original dataset, which used 100 randomly selected films from 2004. -
Perspectives from the Global Entertainment and Media Outlook 2017–2021 Curtain Up! User Experience Takes Center Stage
Perspectives from the Global Entertainment and Media Outlook 2017–2021 Curtain up! User experience takes center stage www.pwc.com/outlook PwcOutlook_C1-21-fin3-050417.indd 1 5/5/17 10:54 AM Use and permissions Use of data in this publication Permission to cite About PwC Articles in this publication are drawn No part of this publication may be PwC helps organizations and individuals from data in the Global entertainment excerpted, reproduced, stored in a create the value they’re looking for. and media outlook 2017–2021, a retrieval system, or distributed or We’re a network of firms in 157 countries comprehensive source of consumer and transmitted in any form or by any with more than 223,000 people who advertising spend data available via means — including electronic, are committed to delivering quality in subscription at www.pwc.com/outlook. mechanical, photocopying, recording, assurance, tax and advisory services. Tell PwC continually seeks to update the or scanning — without the prior us what matters to you and find out more online Outlook data; therefore, please written permission of PwC. by visiting us at www.pwc.com note that the data in the articles in Requests should be submitted in writing this publication may not be aligned to Gary Rosen at [email protected] with the data found online. The Global Supplier to the Outlook outlining the excerpts you wish to use, entertainment and media outlook Ovum, a provider of business intelligence along with a draft copy of the full report 2017–2021 is the most up-to-date and strategic services to the global that the excerpts will appear in. -
Using Online User-Generated Reviews to Predict Offline Box- Office Sales and Online DVD Store Sales in the O2O Era Chieh Lee1, Xun Xu2, and Chia-Chun Lin3
Journal of Theoretical and Applied Electronic Commerce Research This paper is available online at ISSN 0718–1876 Electronic Version www.jtaer.com VOL 14 / ISSUE 1 / JANUARY 2019 / 68-83 DOI: 10.4067/S0718-18762019000100106 © 2019 Universidad de Talca - Chile Using Online User-Generated Reviews to Predict Offline Box- Office Sales and Online DVD Store Sales in the O2O Era Chieh Lee1, Xun Xu2, and Chia-Chun Lin3 1 Yuan Ze University, Department of Industrial Engineering and Management, Taoyuan, Taiwan, [email protected] 2 California State University, Stanislaus, Department of Management, Operations, and Marketing, College of Business Administration, Turlock, CA, United States, [email protected] 3 Huaying Inc., Taoyuan, Taiwan, [email protected] Received 14 March 2017; received in revised form 30 December 2017; accepted 16 January 2018 Abstract With the rapid growth of e-commerce and social media, customers post online reviews on various online shopping websites and social media after their consumption experience, which generated the electronic word of mouth effect. In the online-to-offline era, companies are using multi-channels to increase customer demand, and the Effect generated by online users’ reviews plays an important role in customer demand both online and offline. Few previous studies focused on using online user-generated reviews to forecast the demand of hyper- differentiated products online and offline, which is particularly hard to predict due to the various preferences of customers and complex relationship between factors. Via predictive global sensitivity analysis, this study uses online user-generated reviews posted on social media to predict customers’ demand for hyper-differentiated products both online and offline, with an example in the film industry. -
Factors Affectin the Financial Success of Motion Pictures in Hollywood
Factors Affecting the Financial Success of Motion Pictures: What is the Role of Star Power? Jen-Yuan Yang* Geethanjali Selvaretnam† Abstract In the mid-1940s, American film industry was on its way up to its golden era as studios started mass-producing iconic feature films. The escalating increase in popularity of Hollywood stars was actively suggested for its direct links to box office success by academics. Using data collected in 2007, this paper carries out an empirical investigation on how different factors, including star power, affect the revenue of ‘home-run’ movies in Hollywood. Due to the subjective nature of star power, two different approaches were used: (1) number of nominations and wins of Academy Awards by the key players, and (2) average lifetime gross revenue of films involving the key players preceding the sample year. It is found that number of Academy awards nominations and wins was not statistically significant in generating box office revenue, whereas star power based on the second approach was statistically significant. Other significant factors were critics’ reviews, screen coverage and top distributor, while number of Academy awards, MPAA-rating, seasonality, being a sequel and popular genre were not statistically significant. JEL: C01, L83, Z11 Keywords: star power, motion picture industry, box-office earnings, academy awards * Email: [email protected] † Corresponding author: School of Economics and Finance; University of St Andrews, 1. The Scores, St Andrews, KY16 9AL, UK; email: [email protected]; Tel: 0044(0)1334461956; Fax: 0044(0)1334 464444 1 1. Introduction “’A guy stranded on an island' without Tom Hanks is not a movie. -
Success at the Box Office in the Age of Streaming Services
Success at the box office in the age of streaming services An examination of how streaming services have impacted the dynamics of successful movies in the cinema THESIS WITHIN: Economics NUMBER OF CREDITS: 30 PROGRAMME OF STUDY: Civilekonom AUTHOR: Jesper Johansson JÖNKÖPING August 2020 Master Thesis Economics Title: The box office before and after streaming services Authors: Jesper Johansson Tutor: Agostino Manduchi Date: 2020-08-24 Key terms: films, box office, streaming services, the long tail, uncertainty Abstract Netflix and other streaming services have grown immensely since they started offering online streaming. In this paper I present a correlation matrix using ticket sales at the domestic box office and the number of Netflix subscribers. They are shown to be negatively correlated with one another, supporting many previous researchers’ thoughts on the topic. I also show using two OLS regressions with data from movies released in 2006-2007 and 2017-2018 that being a part of a franchise has a stronger correlation with increased revenue in the latter model compared to the previous one. In the models one can also see that the general quality of a movie, as measured by IMDb rating, is associated with a higher increase in revenue in the latter model. I argue that this is due to consumers being inclined to watch what they perceive to be high-quality movies in the theaters in the latter model as they can conveniently watch movies of a poorer quality on their streaming service, an option that was not available to the same extent previously. I also argue that consumers are more willing to commit to going to the cinema for a franchise movie, especially in the Marvel cinematic universe, as they are often effects driven movies which are better experienced on a large screen. -
12Th National A&E Journalism Awards
Ben Mankiewicz Tarana Burke Danny Trejo Quentin Tarantino The Luminary The Impact Award The Visionary The Distinguished Award Award Storyteller Award 2019 TWELFTH ANNUAL Ann-Margret The Legend Award NATIONAL ARTS & ENTERTAINMENT JOURNALISM AWARDS LOS ANGELES PRESS CLUB 12TH ANNUAL National Arts & Entertainment Journalism Awards A Letter From the Press Club President Good evening and welcome to the 12th annual National Arts & Entertain- ment Journalism Awards. Think about how much the entertainment industry has changed since the Press Club introduced these awards in 2008. Arnold Schwarzenegger was our governor, not a Terminator. Netflix sent you DVDs in the mail. The iPhone was one year old. Fast forward to today and the explosion of technology and content that is changing our lives and keeping journalists busy across the globe. Entertainment journalism has changed as well, with all of us taking a much harder look at how societal issues influence Hollywood, from workplace equality and diversity to coverage of political events, the impact of social media and U.S.-China rela- tions. Your Press Club has thrived amid all this. Participation is way up, with more Chris Palmeri than 600 dues-paying members. The National Arts & Entertainment Journalism Awards have grown and changed as well. Tonight we’re in a ballroom in the Millennium Biltmore Hotel, but in 2008 the awards took place in the Steve Allen Theater, the Press Club’s old home in East Hollywood. That building has since been torn down. Our first event in 2008 featured a cocktail party with no host and only 111 entries in the competition. -
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College Admissions, Rigged for the Rich
$2.75 DESIGNATED AREASHIGHER©2019 WSCE D WEDNESDAY, MARCH 13,2019 latimes.com College admissions, riggedfor therich Scheme paid coaches, faked test scores to securespots forchildren of the wealthy By Joel Rubin, Hannah Fry, Richard Winton and MatthewOrmseth When it came to getting their daughtersintocollege, actress Lori Loughlinand fashion designer J. Mossimo Giannulli were taking no chances. The wealthy,glamorous couple were determined their girls would attend USC, ahighly competitive school that offers seats only CJ Gunther EPA/Shutterstock to afractionofthe thou- WILLIAM SINGER sands of students who apply pleaded guiltyTuesdayto eachyear. racketeering and other So they turned to William charges in the scheme. Singer and the “side door” the NewportBeach busi- nessman said he had built intoUSC and otherhighly The big sought afteruniversities. Half amillion dollars later — Allen J. Schaben Los Angeles Times $400,000ofitsent to Singer FOR MILLIONS OF CALIFORNIANS who live near thecoast, the threatofrising sea levels and storms is and $100,000 to an adminis- business very real. Last year,winter stormseroded Capistrano Beach in Dana Point, causing aboardwalk to collapse. trator in USC’s vaunted ath- leticprogram —the girls were enrolled at the school. of getting Despitehaving nevercom- peted in crew,both had been ‘Massive’damagemay givencoveted slots reserved NEWSOM for rowers who were ex- accepted pected to join the school’s team. “This is wonderful news!” Experts call for TO HALT be the norm by 2100 Loughlin emailed Singer af- terreceiving word that a reforms to levelthe spotfor her second daughter playing field in a DEATH had been secured. She add- thriving industrythat Rising seas and routine storms couldbemore ed ahigh-five emoji. -
CAST BIOS LORI LOUGHLIN (Jennifer Shannon)
‘GARAGE SALE MYSTERY: THE WEDDING DRESS’ CAST BIOS LORI LOUGHLIN (Jennifer Shannon) – Best recognized for her role as Rebecca Donaldson on the long-running hit comedy series “Full House,” Lori Loughlin added another iconic series to her resume: The CW’s “90210.” In it, she played the mother of two teenagers who struggle with their family’s move from the normalcy of Kansas to the fast lane of Beverly Hills. Her film projects include the 2009 comedy feature “Old Dogs,” in which Loughlin starred opposite Robin Williams and John Travolta, playing the latter’s love interest. Another recent feature film of Loughlin’s was “Moondance Alexander,” in which she portrayed an eccentric mother whose daughter finds a pony and is determined to win the Bow Valley Classic. Loughlin currently stars in the hit Hallmark Channel Original Primetime Series, “When Calls the Heart” and has starred in the Hallmark Channel Original Movies “Meet My Mom,” “Garage Sale Mystery: All That Glitters,” and “Garage Sale Mystery: The Deadly Room.” Born and raised in Hauppauge, Long Island, Loughlin got her start in show business at a young age. She was cast in the daytime drama “The Edge of Night,” for which she received a Young Artist Award nomination for Best Young Actress in a Daytime Series. In 1985, Loughlin was cast in the feature film “Secret Admirer,” a romantic comedy co-starring C. Thomas Howell and Kelly Preston. Loughlin also starred opposite Treat Williams in “Critical Mass,” in the beach movie spoof “Back to the Beach,” in “Rad,” a film about BMX racing, and in “Amityville 3-D,” the third installment of the “Amityville” horror franchise. -
Cast Bios Lori Loughlin
‘NORTHPOLE: OPEN FOR CHRISTMAS’ CAST BIOS LORI LOUGHLIN (Mackenzie) – Best recognized for her role as Rebecca Donaldson on the long-running hit comedy series “Full House,” Lori Loughlin added another iconic series to her resume: The CW’s “90210.” In it, she played the mother of two teenagers who struggle with their family’s move from the normalcy of Kansas to the fast lane of Beverly Hills. Loughlin’s film projects include the 2009 comedy feature “Old Dogs,” in which she starred opposite Robin Williams and John Travolta, playing the latter’s love interest. Another of Loughlin’s recent feature films was “Moondance Alexander,” in which she portrayed an eccentric mother whose daughter finds a pony and is determined to win the Bow Valley Classic. Loughlin currently stars in the hit Hallmark Channel Original Primetime Series, “When Calls the Heart” and has starred in the Hallmark Channel Original Movies “Meet My Mom” and “Garage Sale Mystery: All That Glitters.” Born and raised in Hauppauge, Long Island, Loughlin got her start in show business at a young age. She was cast in the daytime drama “The Edge of Night,” for which she received a Young Artist Award nomination for Best Young Actress in a Daytime Series. In 1985, Loughlin was cast in the feature film “Secret Admirer,” a romantic comedy co-starring C. Thomas Howell and Kelly Preston. She also starred in “Critical Mass,” opposite Treat Williams, the beach movie spoof “Back to the Beach,” the BMX racing film “Rad” and in “Amityville 3-D,” the third installment of the “Amityville” horror franchise. -
Tim Leighton - Imdb
6/10/12 Tim Leighton - IMDb IMDb Find Movies, TV shows, Celebrities and more... All Register | Login | Help Movies TV News Videos Community IMDbPro Apps Your Watchlist Tim Leighton SEE RANK Contribute to IMDb. Add a bio, trivia, and more. Update information for Tim Leighton » More at IMDbPro » Represent Tim Leighton? Add or change photos Filmography Hide all | Show by: Job Type Go » Edit Hide Self (1 title) ads not by this s ite Engineering Connections (TV series documentary) Hid2e0 11 SHiemlsfe (lf1 - t Uitnleiv)ersity of Southampton – Space Shuttle (2011) … Himself - University of Southampton ad feedbac k Share this page: Like Be the first of your friends to like Quick Links: overview Do you have a demo reel? Add it to your IMDbPage Find out more at IMDbPro » Connect with IMDb www.imdb.com/name/nm4575762/ 1/2 6/10/12 Tim Leighton - IMDb Sponsored Links (What's This?) Giant Aquarium in France Discover the largest aquarium in France. Only 1.5hr from the UK ! nausicaa.co.uk/King-sized-aquarium LOVEFiLM Instant Thousands of movies & TV series to watch instantly on your PC and TV www.LOVEFiLM.com/Instant Free Films for a Month Films & TV Series. 1 Month Free Trial. Netflix.com/UK Message Boards Discuss Tim Leighton on the IMDb message boards » Contribute to This Page Getting Started | Contributor Zone » Edit page Add resume Explore More About Tim Leighton Filmography Personal Details Opinion Photos & Video Sorted by: biography awards photo gallery job type other works message board trailers and videos year publicity listings ratings official -
The Future Ain't What It Used to Be
1 THE FUTURE AIN’T WHAT IT USED TO BE U.S. Entertainment: Where are We and Where Might We Go?* By Bruce Ramer INTRODUCTION to those with tangential links, such as Sony (Columbia) 2 “NOBODY KNOWS ANYTHING.” Nowhere is this and Matsushita (Universal). aphorism more true than in the business for which it Now we see acquirers coming with even stronger was invented, the entertainment business, where links to the media industries. Studio mergers and innovations in technology continue to create new acquisitions are led by companies that have massive platforms, with a ripple effect that leads to new forms scale and control significant distribution channels, of content and new consumer preferences and notably in the U.S. and China. Thus, Comcast acquired demands. That process has only accelerated as the NBC Universal, Dalian Wanda acquired AMC relevant technology changed from tubes and celluloid Theaters and AT&T proposed a merger deal with to chips and bits and from movie palaces and boxy TVs Time-Warner. Whether or not the AT&T deal closes to cellphones and the Internet. — and it appears it will — a new round of proposed The best way to think about the future is to start studio acquisitions is likely, with some of the potential with the past: to look back and see what has been domestic suitors including Google, Amazon (which is developing, and try to discern trends that inform the already heavily in the content business), Apple,(which direction of things to come — however, “history is not recently announced expanded entry into the content necessarily destiny.”3 Most of the borders and business)5 Facebook, Verizon and others.