Movie stars and the distribution of financially successful films in the motion picture industry

John Sedgwick, M. Pokorny

Research output: Contribution to journalArticlepeer-review

Abstract

Film is a complex commodity. The productivity of a successful film and its star inputs can be considerable given the existence of a distribution network which aims to ensure that films can be shown at any place at any time on demand. In trying to capture this potential productivity, and rents that go with it, film producers ex-ante need to give potential audiences a set of unforeseen, but not unexpected pleasures which excite. In not knowing what they are about to experience audiences can only know ex-post whether or not their expectations have been met. This is the nature of the business as understood by Hollywood and has been so since the establishment of the industry in the early years of this century.
Original languageEnglish
Pages (from-to)319-323
Number of pages5
JournalJournal of Cultural Economics
Volume23
Issue number4
DOIs
Publication statusPublished - Nov 1999

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