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Advertising Media Strategies in the Film Industry

Elliott, Caroline and Simmons, Rob (2011) Advertising Media Strategies in the Film Industry. Applied Economics, 43 (29). pp. 4461-4468. ISSN 0003-6846

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The primary aim of this article is to estimate the multiple determinants of film advertising expenditures in four important media, namely television, press, outdoor and radio, in the UK. First, television advertising, the leading film advertising medium, is examined as part of a system of equations, capturing the interdependences between advertising, the number of screens on which films are initially shown and box office revenues. Then a reduced form model is put forward to reveal the determinants of film advertising in the four media. While major distribution companies have different preferences for the use of the alternative advertising media, results highlight the importance of quality signals, such as critical reviews, in determining advertising expenditures in the film industry. Moreover, advertising expenditures can themselves be considered to offer potential cinema goers signals of film quality.

Item Type: Article
Subjects: H Social Sciences > HB Economic Theory
Schools: The Business School
The Business School > Emerging Markets Research Group
The Business School > Quantitative Analysis Research Group
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Depositing User: Caroline Elliott
Date Deposited: 21 Jan 2014 11:40
Last Modified: 16 Mar 2015 11:56


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