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For Oscar Glory Or Oscar Money?

For Oscar Glory Or Oscar Money? This paper investigates the effect of Oscar nominations and awards on movies’ financial success by estimating the impact on weekly returns and on movies’ survival time. Our findings suggest that nominations for Oscars generate substantial extra revenues, while winning an award contributes only little to this extra rent. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Journal of Cultural Economics Springer Journals

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References (22)

Publisher
Springer Journals
Copyright
Copyright © 2005 by Springer Science + Business Media, Inc.
Subject
Economics; Cultural Economics; Microeconomics; Economic Policy; Arts; Music; Regional and Cultural Studies
ISSN
0885-2545
eISSN
1573-6997
DOI
10.1007/s10824-005-3338-6
Publisher site
See Article on Publisher Site

Abstract

This paper investigates the effect of Oscar nominations and awards on movies’ financial success by estimating the impact on weekly returns and on movies’ survival time. Our findings suggest that nominations for Oscars generate substantial extra revenues, while winning an award contributes only little to this extra rent.

Journal

Journal of Cultural EconomicsSpringer Journals

Published: Jan 1, 2005

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