By John Sedgwick, Michael Pokorny
The motion picture boomed within the 20th century, and remains to be going robust this day. although, the economics of flicks has been interestingly less than explored earlier. leading edge and informative, this available booklet, together with contributions from the various best specialists within the zone, is a giant breakthrough in our realizing of this significant subject.
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Extra resources for An Economic History of Film (Routledge Explorations in Economic History)
Notes 1 2 3 4 Aspects of this chapter are taken with permission from Sedgwick (2000). See Jarvie (1995) for a discussion of ﬁlm studies methodology. See Salt (1992). Care should be taken with the distinction made here between the characteristics of commodity-types and the characteristics of particular commodities. Film is a commodity-type, whereas a ﬁlm such as Gone With the Wind (1939) was (and still is) a commodity. 5 In real-life complex markets, an item may succeed as a commodity at one stage, but fail at another.
25 billion in the USA. 7 With the exception of pay-per-view television, radio and TV art-type programmes, including ﬁlms on TV, are more problematic in that whilst they might well be examples of mass art in Carroll’s sense, they are not, strictly speaking, consumed as commodities by audiences even where they have been acquired by the programmers through market-based transactions. This is because they cannot be assigned prices for the reason that the technology that carries their transmission is inclusive.
Furthermore, this contribution shows how expressions of popular culture are constrained and inﬂuenced by economic circumstances and historical accidents. This chapter has been partially inspired by Kristin Thompson’s pioneering Exporting Entertainment, which examines the inverse of this chapter, namely the rise to dominance of the Hollywood studios, although she also brieﬂy addresses the decline of the European ﬁlm industry (Thompson 1985; Uricchio 1996). To investigate the extent and timing of the shift, data series on market shares taken from trade publications have been used.
An Economic History of Film (Routledge Explorations in Economic History) by John Sedgwick, Michael Pokorny