"Turning the silver screen to gold: An analysis of opening weekend box " by Jennifer Muser

Graduate Program

Economics

Degree Name

Master of Arts (MA)

Semester of Degree Completion

2011

Thesis Director

Linda Ghent

Thesis Committee Member

James Bruehler

Thesis Committee Member

Ali Moshtagh

Abstract

Success at the box office can be difficult to predict. While one combination of stars, budget, or praise produces a blockbuster, the slightest tweaking in a sequel can produce a bomb. The objective of this research is to model the opening weekend box office revenue per screen based on a set of variables parsed from the Internet Movie Database and using a critical review index variable retrieved from Rotten Tomatoes.com. First, the author estimates opening weekend revenue per screen from a sample of 1116 movies as a function of the movies' characteristics, such as genre, MP AA rating, critical rating, and budget. Then the author takes a random sample of the data set and models opening weekend revenue per screen with several additional variables. Results from the full sample indicate production budget, Rotten Tomatoes Critic Rating, and a prestigious director significantly increase opening weekend box office revenue per screen. Results from the random sample indicate that films that were sequels or prequels or that incorporated a significant advance in special effects also had higher opening weekend revenues per screen on average. Surprisingly results from the random sample also showed that films which included adult content or which were distributed by one of the big six distributors did not have significantly different opening weekend revenue per screen than those that did not.

Included in

Economics Commons

Share

COinS