A predictive model for movie success, deviating from past studies by predicting profit (as opposed to revenue) at...
Originally shared by Wayne Radinsky
A predictive model for movie success, deviating from past studies by predicting profit (as opposed to revenue) at early stages of production (as opposed to just prior to release) to increase investor certainty, has been built by University of Iowa researchers.
"The predictive model takes into account many factors, including the movie's stars and director, their box-office track records, the movie's genre and plot, and when it will be released. The model's creators 'ran the numbers from every film released in the US between 2000 and 2010 through their 'who, what and when' formula to fine-tune which elements played a greater role.'"
http://www.oregonlive.com/entertainment/index.ssf/2016/02/breakthrough_algorithm_predict.html
A predictive model for movie success, deviating from past studies by predicting profit (as opposed to revenue) at early stages of production (as opposed to just prior to release) to increase investor certainty, has been built by University of Iowa researchers.
"The predictive model takes into account many factors, including the movie's stars and director, their box-office track records, the movie's genre and plot, and when it will be released. The model's creators 'ran the numbers from every film released in the US between 2000 and 2010 through their 'who, what and when' formula to fine-tune which elements played a greater role.'"
http://www.oregonlive.com/entertainment/index.ssf/2016/02/breakthrough_algorithm_predict.html
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