Thursday, 5 July, 2012
A movie may win week after week at the box-office but that apparently has little bearing on what sort of profit, if any, that it will ultimately make:
The reason a majority of movie studios still turn a profit most years is that they have found ways to, as they say, monetize the ancillary stream by selling pay-TV and overseas rights, creating tie-in video games, amusement-park rides and so forth. And the big hits, rare as they may be, pay for a lot of flops. Still, the profits are not huge. Matthew Lieberman, a director at PricewaterhouseCoopers, expects growth over the coming years to be somewhere around 0.6 percent.
Tags: films, movies, revenue
Tuesday, 24 January, 2012
Stanley Kubrick devised a method of tracking the box-office revenue of his films which many people believed was based on the technology of the HAL 9000 computer, which featured in 2001: A Space Odyssey.
Word quickly spread that Stanley had a computerized system to track theaters and grosses based on technical information he had acquired while developing HAL 9000, the all-knowing computer in 2001. For months these stories persisted in the trades as the roster of Clockwork cinemas was refined. They were neither confirmed nor denied.
Tags: 2001: A Space Odyssey, film, HAL 9000, movies, revenue, Stanley Kubrick
Friday, 6 January, 2012
US film critic Roger Ebert offers his own reasons as to why box office takings were down in 2011 compared to 2010. It’s no surprise that he cites the limited selection of titles on offer at most multiplex cinemas as one factor:
Lack of choice. Box-office tracking shows that the bright spot in 2011 was the performance of indie, foreign or documentary films. On many weekends, one or more of those titles captures first-place in per-screen average receipts. Yet most moviegoers outside large urban centers can’t find those titles in their local gigantiplex. Instead, all the shopping center compounds seem to be showing the same few overhyped disappointments. Those films open with big ad campaigns, play a couple of weeks, and disappear.
Tags: film, movies, revenue
Wednesday, 4 January, 2012
Box office takings for 2011 are down by about five percent on 2010 – at least in North America – prompting some studio executives to consider the possibility that the quality of some releases may not have been up to scratch.
One more thing: “You have to go back and look at the content,” said Dan Fellman, president of domestic distribution for Warner Brothers. “Good movies always rise to the occasion. Bad ones, not so much.”
I’m not sure that this actually means film-goers can look forward to a greater number of high quality, original, titles in 2012 and beyond though.
Tags: 2011, films, movies, revenue
Tuesday, 6 September, 2011
31 pie charts stitched together as an animation illustrate the changing sources of music industry revenue from 1980 through to 2010.
Notice especially the CD’s growth from 1984, to almost total ascendancy in 2002, and then its sharp decline thereafter.
Tags: CD, music, music industry, revenue
Thursday, 9 June, 2011
An extensive guide to succeeding in the music industry today, for both new and established recording artists, by former Talking Heads songwriter David Byrne.
Where there was one, now there are six: Six possible music distribution models, ranging from one in which the artist is pretty much hands-off to one where the artist does nearly everything. Not surprisingly, the more involved the artist is, the more he or she can often make per unit sold. The totally DIY model is certainly not for everyone – but that’s the point. Now there’s choice.
Tags: artists, David Byrne, income, music, revenue
Monday, 21 February, 2011
A chart visualising the recent decline in music industry turnover after peaking in the late 1990s… in straight dollar value terms though revenue is still far higher than it was 40 plus years ago.
Tags: charts, digital music, music, music industry, music sales, revenue, visualisations
Monday, 10 January, 2011
An infographic based on US box office takings which charts the success or otherwise of 2010 film titles by way of their revenue streams in the weeks and months following their release.
Tags: box office takings, film, movies, revenue
Friday, 31 December, 2010
Kevin Smith, the US film producer and director, gets to the point when it comes to taking the plunge and pursuing your passion in life. Basically the idea is to go ahead and do whatever you choose.
The real challenge however is to monetise, that is, find a way for whatever you’re doing, to generate revenue. Hmm.
Here’s the “secret” everyone always asks in regards to how I “did it” (whatever “it” is when asked). It doesn’t even take TALENT to do what I did; I’m living proof of that. All you need to do is identify what you love to do and monetize that.
Tags: income, monetisation, passion, revenue, vocation, work
Monday, 6 December, 2010
From a series of articles by Jeff Price of TuneCore, a digital music distribution service, some perspectives on distributing music online, and the potential benefits for recording artists in doing so:
Price presents some insightful back-of-the-napkin math comparing (a) an artist’s take from selling and distributing CDs with a label, to (b) an artist’s take from selling songs and albums online: “By selling just two songs on iTunes for $1.98, the artist makes the same amount of money as if a $16.98 full length CD was bought. An artist sells one digital album for $9.99 and makes 500% more than a signed band.”
Tags: digital media, music, music sales, revenue