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...

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,...

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...

Does Hollywood dominate world cinema markets with American taste, culture, and values through the exportation of films produced mainly for its domestic (US and Canada) market? Or does Hollywood supply the films that world audiences demand and, because of the logistics of distribution, screen...

This article develops a simple theoretical framework to show how forecasters may bias downward point predictions under the assumption that the asymmetric loss function is directly related to the (Mean) Absolute Percentage Error (M)APE.

This paper explores illegal music file-sharing activity and its effect on Australian sales of singles in the physical and digital retail markets. Using fifteen weeks of Australian Recording Industry Association weekly chart rankings of physical and digital sales, combined with a proxy for...

This article investigates De Vany's (2004) application of the Pareto distribution to the careers of actors and directors by considering a sample of movie producers. The results support the Pareto distribution for describing the 'number of films produced' and the 'sum of box office revenue'...