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We investigate a vertically integrated theater's contract and screen allocation decisions in a movie industry characterized by demand uncertainty, price uniformity, and revenue-sharing contracts. Based on a simple theoretical model that describes the decisions of theaters and movie distributors,...
Persistent link: https://www.econbiz.de/10012970424
We study complementarities between brands in the context of collaborations across museums. Over the course of our sample, one major museum with a highly recognized brand closed temporarily and sequentially collaborated with two established local museums. With individual panel data on museum...
Persistent link: https://www.econbiz.de/10012850122
E-book sales surged after Amazon introduced the Kindle e-reader at the end of 2007 and accounted for about one quarter of all trade book sales by the end of 2013. Amazon's aggressive pricing led to allegations that e-books were bankrupting brick-and-mortar book booksellers. Amazon's commanding...
Persistent link: https://www.econbiz.de/10013019140
importantly, major film companies use this argument to negotiate for better terms with their production and distribution partners …
Persistent link: https://www.econbiz.de/10013021227
This paper is one of the major economic studies I submitted to the FCC in opposition to the proposed merger of Comcast and Time Warner Cable. After reviewing and rebutting some of the economic theories and evidence put forth by Comcast in support of the merger the paper presents an antitrust...
Persistent link: https://www.econbiz.de/10013023516
In this paper, we empirically study the effect of entry on product repositioning, differentiation, and variety. Using a rich panel data set on theaters' weekly screening schedules, we provide evidence that the degree of differentiation between theaters in a local market rises after entry of new...
Persistent link: https://www.econbiz.de/10012934008
In this article, I empirically examine whether the performance of a chain-affiliated establishment is affected by its organizational form. Using cross-sectional data on the movie theater industry, I find evidence that performance is higher in a company-owned theater than in a franchised one,...
Persistent link: https://www.econbiz.de/10013217389
independent press and the self-regulated entertainment industries have had a tremendous role in shaping the culture and economy of … free press and the entertainment media, notwithstanding the constitutional mandate of the First Amendment. The conflict … and Trademark Office (PTO).Perhaps the most notorious example of the effort to regulate news, entertainment, and public …
Persistent link: https://www.econbiz.de/10013224136
We study how vertical integration in a two-sided media market affects investments in premium content. We show that a content provider provides the premium content exclusively to a platform, regardless of what the vertical structure of the industry is. However, a vertically integrated content...
Persistent link: https://www.econbiz.de/10013034672
In this paper we compare the profitability of a merger to the profitability of a partial ownership arrangement and find that partial ownership arrangements can be more profitable for the acquiring and acquired firm because they can result in a greater dampening of competition. We also derive...
Persistent link: https://www.econbiz.de/10013148773