Films

Bruno Frey

Chapter Chapter 9 in Economics of Art and Culture, 2019, pp 71-76 from Springer

Abstract: Abstract The success of a film is impossible to predict. A few of them are financially successful, while most of them are not. Actors are crucial to a film’s success. As in other parts of the performing arts, a few superstars are greatly admired and highly compensated in a winner-take-all market while most of the other actors earn little. Consumers have many direct substitutes on which to spend their time and money: television, home video, DVD, internet, computer games, musical performances, and popular sport events such as football. Those with lower income and fewer time constraints tend to view mass films, while high-quality movies are mostly viewed by well-educated young city-dwellers.

Keywords: Superstars; Winner-take-all market; Predictability; Financial success; Flops; Substitutes; Most successful films; American best films; Revenue; European critics; Actors; Film festivals; Movie awards (search for similar items in EconPapers)
Date: 2019
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:spbchp:978-3-030-15748-7_9

Ordering information: This item can be ordered from
http://www.springer.com/9783030157487

DOI: 10.1007/978-3-030-15748-7_9

Access Statistics for this chapter

More chapters in SpringerBriefs in Economics from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().