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Modeling the correlates/determinants of successful films has continued to provide a fruitful area of research for scholars. 6 Such models are sometimes referred to as “hedonic” demand models, owing to the fact they seek to decompose the (revenue) value of film into quantifiable characteristics. Beyond new data sets and explanatory variables, there has also been progress in statistical ...
- Movie Budgets and Costs
- Ticket Price Revenue
- Merchandising Dollars
- Foreign Sales
- Television Rights, Streaming, and VOD
- The Bottom Line
In general, major studios don’t disclose the full budgets for their films (production, development, marketing, and advertising). This mystery arises in part because it costs far more to make and market a movie than most people expect. For example, the production budget for a summer blockbuster like Marvel’s The Avengers is estimated as $220 million...
Theater attendance has been challenging over recent years, making it even harder for studios and distributors to profit from films. Usually, a portion of theater ticket sales goes to theater owners, with the studio and distributor getting the remaining money. Traditionally, a larger chunk went to the studio during the opening weekend of a film. As ...
It all started with Star Wars. Since the George Lucas sci-fi saga began back in 1977, the franchise has made billions in revenue from toys alone, not to mention licensing income from other third-party companies. In 2015, Star Wars: The Force Awakensbrought in $700 million in retail sales. This strategy obviously doesn't work for every film. You don...
When a producer cobbles together the budget for an independent film, selling the distribution rights in foreign territories is crucial. It helps to cover the film’s budget and hopefully brings in revenue. Independent filmmakers can actually make money if they have a great foreign sales agent who can sell their movies in key overseas markets. Produc...
Once upon a time, it was all about DVD sales. Now, it’s far more about television rights, video-on-demand (VOD), and streaming. For some producers, selling TV and international rights is a significant source of profit because the producer doesn't have to pay for marketing and P&A costs. Films have to leave the theater at some point, but they can re...
As the saying goes, nobody knows anything in Hollywood. The film industry is in flux, and ticket sales alone don't drive revenue. There’s merchandising, VOD, streaming video, foreign sales, and a plethora of other distribution channelsthat can help filmmakers, producers, and studios turn a profit. So who knows, the little indie that you invest in c...
- Dina Zipin
Apr 13, 2019 · Items Included within the Budget. In general, the budget includes all costs relating to the development, production, and post-production of a film. Thus, the budget includes, for example, costs of ...
Introduction. The film industry has been responsible for about 30% of the total revenue of films since the 2000s [ 56] and reflects a film’s economic success, due to the significant consumption of related goods during and after the release and of the film being consumed with other complementary goods, TV, cable, and others.
- 10.1007/s11042-023-15169-4
- 2023 Mar
- Multimed Tools Appl. 2023 Mar 28 : 1-24.
Jan 1, 2020 · Purpose: Data analytics techniques can help to predict movie success, as measured by box office sales or Oscar awards. ... Top 10 movies in case of the highest box office revenue, based on January ...
Jul 10, 2016 · Profit participation. The average $100m+ Hollywood blockbuster will spend $36.6 million on contingent compensation and profit participation. This typically goes to the key 'creatives' involved in making the film - namely the director, producer (s), writer (s) and key cast.
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How successful is a film based on revenue net of costs?
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Is a movie a success or a failure?
Mar 13, 2019 · A movie “doubly” is successful if it performs well both financial. and critically while deem it a “total” failure if it loses money and is panned. Therefore a label of “success” is ...