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In recent years, Australian films have failed to capture the public’s attention at the Australian box office. Why? Do Australians have an aversion to their own films? Or does the release strategy—advertising/publicity expenditure and opening number of screens—explain the lacklustre...
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Recent empirical literature has identified the importance of information transmission in creating box office blockbusters. It has been shown that box office revenue distributions are characterised by extremities of skew and variance that cannot be explained by such things as expensive budgets,...
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This study investigates and compares predictions of opening weekend box office revenue from an online prediction game, the Derby, and an online prediction market, the Hollywood Stock Exchange (HSX), using a sample of 141 films released in 2007. Overall, both mechanisms provide accurate...
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