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The Hollywood Economist: the Final Edition

The Hollywood Economist: the Final Edition
Author: Edward EPSTEIN
Publisher:
Total Pages: 247
Release: 2021-10-27
Genre:
ISBN:

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In a Freakonomics-meets-Hollywood saga, veteran investigative reporter Edward Jay Epstein goes undercover to explore Hollywood's "invisible money machine," probing the dazzlingly complicated finances behind the hits and flops, while he answers a surprisingly difficult question: How do the studios make their money? He further asks in this 2021 final edition, what will happen to this finely-tuned money nachine in the age of streaming? + How and why the studios harvest silver from old film prints ... + Why stars do--or don't do--their own stunts ... + The future of Netflix + What it costs to insure Nicole Kidman's right knee... + How Hollywood manipulates Wall Street: including the story of the acquisition of MGM... wherein a consortium of banks and hedge funds lost some $5 billion... while Hollywood made millions. + Why Arnold Schwarzenegger is considered a contract genius... + The fate of serious fare: How HBO, AMC, and Showtime have found ways to make money offer adult drama, while the Hollywood studios prefer to cater to teen audiences. Editorial Reviews Praise for The Hollywood Economist "The answer to [the] mysteries of modern-day film financing can be found in The Hollywood Economist, Edward Jay Epstein's latest foray into the seamy underbelly of Hollywood spreadsheets." --The Wall Street Journal Praise for Edward Jay Epstein's The Big Picture "A rich adventure that will change the way you look at movies." --BusinessWeek "Edward Jay Epstein is here to tell us that when it comes to Hollywood these days, we've got it all wrong." --The Washington Post Book World "One of the virtues of The Big Picture is Mr. Epstein's astonishing access to numbers that movie studios go to great lengths to keep secret....A groundbreaking work that explains the inner workings of the game." --The Wall Street Journal "Hollywood has needed one of these for a long time--a user's manuel. This one could not be more complete....[Grade] A." --Entertainment Weekly


The Hollywood Economist 2.0

The Hollywood Economist 2.0
Author: Edward Jay Epstein
Publisher: Melville House
Total Pages: 178
Release: 2012-01-24
Genre: Business & Economics
ISBN: 1612190510

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A fully revised edition of the popular guide to Hollywood finances, updated to reflect even newer films and trends In a Freakonomics-meets-Hollywood saga, veteran investigative reporter Edward Jay Epstein goes undercover to explore Hollywood’s “invisible money machine,” probing the dazzlingly complicated finances behind the hits and flops, while he answers a surprisingly difficult question: How do the studiosmake their money? We also learn: + How and why the studios harvest silver from old film prints ... + Why stars do—or don’t do—their own stunts ... + The future of Netflix: Why the “next big thing” now seems in such deep trouble... + What it costs to insure Nicole Kidman’s right knee… + How Hollywood manipulates Wall Street: including the story of the acquisition of MGM… wherein a consortium of banks and hedge funds lost some $5 billion… while Hollywood made millions. + Why Arnold Schwarzenegger is considered a contract genius… + The fate of serious fare: How HBO, AMC, and Showtime have found ways to make money offer adult drama, while the Hollywood studios prefer to cater to teen audiences. + Why Lara Croft: Tomb Raider is considered a “masterpiece” of financing ...


The Hollywood Economist

The Hollywood Economist
Author: Edward Jay Epstein
Publisher: Melville House
Total Pages: 189
Release: 2010-03-09
Genre: Business & Economics
ISBN: 1935554999

Download The Hollywood Economist Book in PDF, ePub and Kindle

In a Freakonomics meets Hollywood saga, veteran investigative reporter Edward Jay Epstein goes undercover to explore Hollywood’s “invisible money machine,” probing the dazzlingly complicated finances behind the hits and the flops, while he answers the surprisingly puzzling question: How do the studios make their money? Along the way we also learn much about star system and what makes the business tick: + What it costs to insure Nicole Kidman’s right knee ... + How and why the studios harvest silver from old film prints ... + Why stars do—or don’t do—their own stunts ... + Why Arnold Schwarzenegger is considered a contract genius ... + How Hollywood goes about doping outside investors and hedge fund managers ... + Why Lara Croft: Tomb Raider is considered a “masterpiece” of financing ...


Hollywood Economics

Hollywood Economics
Author: Arthur S. De Vany
Publisher: Psychology Press
Total Pages: 332
Release: 2004
Genre: Business & Economics
ISBN: 9780415312608

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Movies expected to perform well can flop, whilst independent movies with low budgets can be wildly successful. In this text, De Vany casts his eye over all aspects of the business to present some intriguing conclusions.


Billion Dollar Whale

Billion Dollar Whale
Author: Bradley Hope
Publisher: Hachette Books
Total Pages: 395
Release: 2018-09-18
Genre: Business & Economics
ISBN: 0316436488

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Named a Best Book of 2018 by the Financial Times and Fortune, this "thrilling" (Bill Gates) New York Times bestseller exposes how a "modern Gatsby" swindled over $5 billion with the aid of Goldman Sachs in "the heist of the century" (Axios). Now a #1 international bestseller, Billion Dollar Whale is "an epic tale of white-collar crime on a global scale" (Publishers Weekly), revealing how a young social climber from Malaysia pulled off one of the biggest heists in history. In 2009, a chubby, mild-mannered graduate of the University of Pennsylvania's Wharton School of Business named Jho Low set in motion a fraud of unprecedented gall and magnitude--one that would come to symbolize the next great threat to the global financial system. Over a decade, Low, with the aid of Goldman Sachs and others, siphoned billions of dollars from an investment fund--right under the nose of global financial industry watchdogs. Low used the money to finance elections, purchase luxury real estate, throw champagne-drenched parties, and even to finance Hollywood films like The Wolf of Wall Street. By early 2019, with his yacht and private jet reportedly seized by authorities and facing criminal charges in Malaysia and in the United States, Low had become an international fugitive, even as the U.S. Department of Justice continued its investigation. Billion Dollar Whale has joined the ranks of Liar's Poker, Den of Thieves, and Bad Blood as a classic harrowing parable of hubris and greed in the financial world.


The Big Picture

The Big Picture
Author: Edward Jay Epstein
Publisher: Random House Trade Paperbacks
Total Pages: 418
Release: 2006-01-10
Genre: Performing Arts
ISBN: 0812973828

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In this unprecedented, all-encompassing, and thoroughly entertaining account of the movie business, acclaimed writer Edward Jay Epstein reveals the real magic behind moviemaking: how the studios make their money. Epstein shows that in Hollywood, the only art that matters is the art of the deal: Major films turn huge profits not from the movies themselves but through myriad other enterprises, from video-game spin-offs and soundtracks to fast-food tie-ins, and even theme-park rides. The studios may compete for stars and Oscars, but their corporate parents view wth one another in less glamorous markets such as cable, home video, and pay-TV. Money, though, is only a small part of the Hollywood story; the social and political milieus–power, prestige, and status–tell the rest. Alongside its remarkable financial revelations and incisive profiles of the pioneers who helped build Hollywood, The Big Picture is filled with eye-opening insider stories. If you are interested in Hollywood today and the complex and fascinating way it has evolved in order to survive, you haven’ t seen the big picture until you’ve read The Big Picture.


The Political Economy of Hollywood

The Political Economy of Hollywood
Author: James McMahon
Publisher: Routledge
Total Pages: 0
Release: 2022-02-25
Genre: Business & Economics
ISBN: 1000537390

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In Hollywood, the goals of art and business are entangled. Directors, writers, actors, and idealistic producers aspire to make the best films possible. These aspirations often interact with the dominant firms that control Hollywood film distribution. This control of distribution is crucial as it enables the firms and other large businesses involved, such as banks that offer financing, to effectively stand between film production and the market. This book analyses the power structure of the Hollywood film business and its general modes of behaviour. More specifically, the work analyses how the largest Hollywood firms attempt to control social creativity such that they can mitigate the financial risks inherent in the art of filmmaking. Controlling the ways people make or watch films, the book argues, is a key element of Hollywood’s capitalist power. Capitalist power—the ability to control, modify, and, sometimes, limit social creation through the rights of ownership—is the foundation of capital accumulation. For the Hollywood film business, capitalist power is about the ability of business concerns to set the terms that will shape the future of cinema. For the major film distributors of Hollywood, these terms include the types of films that will be distributed, the number of films that will be distributed, and the cinematic alternatives that will be made available to the individual moviegoer. Combining theoretical analysis with detailed empirical research on the financial performance of the major Hollywood film companies, the book details how Hollywood’s capitalist goals have clashed with the aesthetic potentials of cinema and ultimately stymied creativity in the pursuit of limiting risk. This sharp critique of the Hollywood machine provides vital reading for students and scholars of political economy, political theory, film studies, and cinema.


The Hollywood Economist

The Hollywood Economist
Author: Edward Jay Epstein
Publisher: Melville House
Total Pages: 242
Release: 2012
Genre: Business & Economics
ISBN: 1612190502

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Epstein penetrates the dazzlingly complicated economics of Hollywood to uncover what he calls the studios' 'invisible money machine' - the bizarre financial schemes behind the hits and flops. These include harvesting the silver from old film prints, complicated foreign rights auctions, the manipulation of outside investors and filming in obscure locations to get subsidies and avoid taxes. Along the way, Epstein enlightens the reader about the star system and what makes Hollywood tick.


Hollywood Economics

Hollywood Economics
Author: Arthur De Vany
Publisher: Routledge
Total Pages: 332
Release: 2003-09-25
Genre: Business & Economics
ISBN: 1134382375

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Just how risky is the movie industry? Is screenwriter William Goldman's claim that "nobody knows anything" really true? Can a star and a big opening change a movie's risks and return? Do studio executives really earn their huge paychecks? These and many other questions are answered in Hollywood Economics. The book uses powerful analytical models to


Entertainment Industry Economics

Entertainment Industry Economics
Author: Harold L. Vogel
Publisher: Cambridge University Press
Total Pages: 747
Release: 2020-07-23
Genre: Business & Economics
ISBN: 1108493084

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Fully updated, this edition offers a unique, integrated approach to the economics and financing of entertainment and media sectors.