Movie Stars and the Volatility of Movie Revenues
Abstract
Research has found conflicting results regarding the profitability of movies that have big-name stars. Why then, are stars selected to act in movies? Using the concepts of risk, volatility, and brand loyalty, this research proposes that although stars may not guarantee profits, their presence results in lower weekly revenue volatility. Using a database comprising 41 stars and their presence in 467 movies from over a 26-year period, this study finds broad support for this hypothesis.
Publication Date
10-2-2015
Publication Title
Journal of Media Economics
Volume
28
Issue
4
Number of Pages
246-267
Document Type
Article
Personal Identifier
scopus
DOI Link
https://doi.org/10.1080/08997764.2015.1094079
Copyright Status
Unknown
Socpus ID
84950281851 (Scopus)
Source API URL
https://api.elsevier.com/content/abstract/scopus_id/84950281851
STARS Citation
Joshi, Amit, "Movie Stars and the Volatility of Movie Revenues" (2015). Scopus Export 2015-2019. 10692.
https://stars.library.ucf.edu/scopus2015/10692