Agnieszka Orankiewicz, Aleksandra Bartosiewicz, Adam Kucharski
{"title":"How the Financing Source Affects a Film’s Box Office. The Value of Subsidies and International Co-Production on the Polish Market","authors":"Agnieszka Orankiewicz, Aleksandra Bartosiewicz, Adam Kucharski","doi":"10.1080/14241277.2023.2272864","DOIUrl":null,"url":null,"abstract":"ABSTRACTThe film industry can be a high-profit business, but it also comes with high financial risk. Since film production requires large investments, producers and investors are looking for clues on how to predict a film’s financial success. This study identifies the relationship between two potential funding sources and a film’s box office score. We compile a variety of data and analyses to increase the value of information in the decision-making process. Our main contribution is to define the relationship between the source of financing for the production (public subsidies and international co-production) and the success of the film. The research shows that while the diversity of sources may have an impact on the size of the budget, not necessarily on the box office of the film. Moreover, comedy was the only genre to significantly affect the box office revenues. Disclosure statementNo potential conflict of interest was reported by the author(s).Data availability statementThe data that support the findings of this study are available from the Authors upon reasonable request.Ethical statementThe Authors declare that the article complies with Ethical Standards of the Journal.Additional informationFundingThe author(s) reported there is no funding associated with the work featured in this article.","PeriodicalId":45531,"journal":{"name":"JMM-International Journal on Media Management","volume":"13 6","pages":"0"},"PeriodicalIF":0.8000,"publicationDate":"2023-10-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"JMM-International Journal on Media Management","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1080/14241277.2023.2272864","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"COMMUNICATION","Score":null,"Total":0}
引用次数: 0
Abstract
ABSTRACTThe film industry can be a high-profit business, but it also comes with high financial risk. Since film production requires large investments, producers and investors are looking for clues on how to predict a film’s financial success. This study identifies the relationship between two potential funding sources and a film’s box office score. We compile a variety of data and analyses to increase the value of information in the decision-making process. Our main contribution is to define the relationship between the source of financing for the production (public subsidies and international co-production) and the success of the film. The research shows that while the diversity of sources may have an impact on the size of the budget, not necessarily on the box office of the film. Moreover, comedy was the only genre to significantly affect the box office revenues. Disclosure statementNo potential conflict of interest was reported by the author(s).Data availability statementThe data that support the findings of this study are available from the Authors upon reasonable request.Ethical statementThe Authors declare that the article complies with Ethical Standards of the Journal.Additional informationFundingThe author(s) reported there is no funding associated with the work featured in this article.