What is it about?
The characteristics of film profitability have changed over the decades. We provide a methodology for estimating profitability and interpret our results, making the case that big budget films during the heyday of Hollywood almost always lost money for their studios.
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Why is it important?
It places movie production in the sphere of commodity production. Patterns of demand change over time and with this patterns of production. What is produced cannot be understood separately from the economics of its production.
Perspectives
A more recent paper updates our findings to 2015 and the rise of the sequel.
Professor John Sedgwick
Oxford Brookes University
Read the Original
This page is a summary of: Profitability trends in Hollywood, 1929 to 1999: somebody must know something1, The Economic History Review, February 2010, Wiley,
DOI: 10.1111/j.1468-0289.2009.00488.x.
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