Use of Statistics to Analyze the Motion Picture Industry

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The movie industry is a booming market during this century. 72/100 of americans go to the movies each year and there are millions of dollars made only on the price of a movie ticket alone. Pirating movies is a common action in the united states and around the world everyday but does this actually have an effect on the movie industry and profits? To answer this question, one must look at three aspects, the industries market, how easy it is to pirate movies and the laws against piracy. With these three aspects, the effect of pirating movies should become clear.

A positive correlation exists between total gross sales and each of the other variables, albeit some were considerably stronger than others. The sample mean was calculated by dividing the sum of the observation values by 10, or the number of observations. For opening weekend sales, a sample mean of the 10 chosen movies was $30.17 million. Total gross sales of all sampled films held a mean of $95.803 million. The two figures could allow a reader to draw a general conclusion that for a majority of the films, approximately 31.5% of total gross sales were made during a film’s debut weekend.

The average amount of money to make a movie in 2018 is 100 million dollars overall. The first important part to making a movie is marketing the movie, the way of marketing a movie is by releasing commercials. A commercial is a televised advertisement that shows the interesting scenes of the movie that will grab the audience attention and will cause them to buy a ticket to see the movie. The cost for a commercial to be televised ranges from 3,000 to 25,000 dollars. For example Fox has been selling super bowl ads for over 5 million each.

By interviewing those close to us, we knew we would get honest and frank answers. Sony is a dominant company in the movie industry. Since it has such power in the field, it is time for Sony to seize the opportunity that is 3D movies. 3D is a great opportunity for Sony to take part in for multiple reasons: moviegoer interest, high box office return, and hard to pirate. Sony Pictures, the subdivision of Sony that is focused on movies is doing very well financially.” Sony Pictures…became the third major movie and television studio to report increased revenue and operating income for the quarter ended Dec. 31” (Fritz, 2010) The amount of revenue for Sony Pictures “grew 25% to $2.2 billion.”(Fritz, 2010) With this increase in revenue, Sony has the financials to invest in developing 3D movies, which are more expensive than its 2D counterpart.

Probably not - that movie still reached the highest income compared to other movies that are also playing currently on cinemas. And what do you think the cause of that? It is because of people now have becoming so attached to the Media, movies and television especially, to identify themselves with. Neal Gabler once wrote, “Whatever else American films do, the most popular ones are almost always about wish fulfillment, and the great stars are the ones with whom viewers can identify and through whom they can transcend themselves. They empower the audience.” It is a fact then that the Media tries to portray and characterize the perfect characters in the society through movie screens.

Finally, movie critics from around the United States have gathered to criticize or glorify the upcoming movie, Search Engines. With the success this movie is supposed to receive, sequels are already being talked about. These types of movies cost millions of dollars every year to produce and maintain. As of today, the movie has generated millions of dollars through sponsored advertisements, and the owners of the production companies hope to sell even more ads in the upcoming months. Business in this type of industry is high.

They had a great success with movies as in the Avengers (they now own Marvel) and recently the animation film, Frozen which improved to 41% more than the last year’s failure from the movie Lone Ranger or John Carter. Although the movie industry is jeopardous to invest in because one wouldn’t know what the outcome is, the media network and the theme parks are the strongest portions of the company. According to the Motley Fool Blog, a member stated that the profit from the parks grew by 9% and the profit from the networks grew to be 8%. According to the Market Consensus, the Disney’s ESPN network received the astonishing results that boosted from $5.0M to $5.3M. Disney will only continue to grow a... ... middle of paper ... ...d 9% and has more competition with other companies of the flash technology.

In order to help understand the large amount of data presented in the motion picture industry a summary of each of the four categories will be presented, along with an explanation of what the data informs us about within the industry. The variable of total gross sales shows how much a particular movie earned in total. The 5-number summary and the central location that were calculated b... ... middle of paper ... ...ut it is not as strong as the linear relationship between theatres and total gross. Finally, the relationship between opening gross and total gross is a very strong linear relationship based on the diagram and the correlation coefficient of .92 as this is very close to a perfect linear relationship which occurs at 1. In the real world application this means if the opening gross of a movie is high the total gross of the movie will also be high.

Between 1986 and 1998 Asahi increased its production capacity fourfold, and captured 39.5 percent market share, surpassing Kirin’s share of 38.4 percent. Since ever, Super Dry has majestically positioned Asahi as leader of the conventional beer market. In 1998, Happoshu beers entered in the war. They contained a low level of malt and thus qualified for a significantly lower tax rate. By 2000, Kirin with Tanrei brand had taken leadership in the happoshu market, captured over 49 percent of the low ma-malt liquor market, with the rest of the market split equally between Suntory and Sapporo.