The Hollywood Economist by Admin Online

The Hollywood Economist
Title : The Hollywood Economist
Author :
Rating :
ISBN : 9781933633848
Language : English
Format Type : Paperback
Number of Pages : 240

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 andIn 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 co


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The Hollywood Economist Reviews

  • brian

    fascinating freakanomics take on the hollywood money machine, but lacking the proper heft possibly due to the fact that much of the book is basically a reprinting and/or reworking of the author's previous book and published articles. despite that, it's a must read for hollywood folks. although i hope to make enough money to snort many a rail of coke off many a stripper's tit and asscrack the money + art equation is perennially icky. but y'gotta know about it. and y'also gotta know that despite a [...]

  • William

    Basically a collection of Edward Jay Epstein's columns of the same name for Slate and other publications, and it shows. I still thought it was a good read until, well, maybe when I saw a handful of reviewers lament it was largely a rehash of a 2003 book on the same subject (called "The Big Picture"). Okay. But I'm still giving it a slight "recommend" for anyone interested in the film industry today for a late chapter, "Are Indie Movies Dead?" The answer, it turns out is, kind of. I mean, yes. M [...]

  • Damon

    Fun, bite-sized book on the movie business. I love Edward's clear, pop cultural take on how the debt-based business runs, though some repetitive themes and too-brief chapters prevent it from being the definitive, deep tome it could have been.

  • Josef Horký

    Zjistil jsem pár pro mě nových informací ve čtenářsky přitažlivé formě. Některé myšlenky se v textech nemile často opakují (tvorba diváka), za což může původní forma jednotlivých kapitolek - coby článků v novinách, nicméně pro cinefily zajímavá věc.

  • Sashko Valyus

    Прекрасна книга. Невилика за об'ємом, вона дуже просто і наглядно показує стан справ в сучасному Голівуді. Як і чому знімаються фільми, звідки беруться і куди ідуть мільйони доларів, і чому блокбастери не висуваються на оскар.

  • I_ty_toje

    Для обывателя интересно. Но для меня уже совсем ничего нового. Написано легко, читается быстро и с удовольствием))

  • Natalie

    An in-depth examination of Hollywood financials. Slightly out-of-date, but a quick and educational read.

  • Green Hedgehog

    Мне нравится смотреть фильмы. И я даже где-то горжусь тем, что за всю жизнь посмотрел что-то в районе трех или четырех тысяч (пожалуй, не самое значимое достижение, но приятное). Так вот, когда отсмотрел такое количество, начинает появляться ощущение, что можно провести какие- [...]

  • J. Singleton

    This is a good brief read if a bit short and lacking in visuals, which is ironic, since it's about the film industry. Being a writer myself, I was aware of a lot of these tricks that get movies made; nonetheless, seeing them all rolled into a single tome is helpful.Epstein truly places himself as a top notch expert on film financing, if not necessarily film criticism, as he details tyhe frequently bizarre ways modern movies get made, from indies to blockbusters. He does not allow the quality of [...]

  • Matt

    A few years ago I read an article in the Wall Street Journal explaining that many American blockbusters were set in Manhattan because the location was a familiar one to foreign audiences, who were becoming increasingly important in studios' revenues. I thought it was a fascinating piece on a rather under-reported aspect of the entertainment industry: the dynamics of the business itself. Edward Jay Epstein's The Hollywood Economist attempts to fill this knowledge void and describes the current st [...]

  • Dave

    I don't like a lot of big Hollywood blockbuster movies, but I always enjoy reading the behind-the-scenes books about them. Love the Peter Biskind books and anything that talks about the real deals of such a sleazy business. This book focuses on the economic side and how it influences the big films that we heard about everywhere if we aren't seeing them ourselves.The main revelation for me was that the box office numbers for these films doesn't really equate to much beyond being about to boast th [...]

  • Liam

    "In 1948, 65 percent of the population went to a movie house in an average week; in 2008, under 6 percent of the population went to see a movie in an average week." (53)"A vice president at Paramount explained to me how these invisible maneuvers, including pre-sales abroad, can reduce the risk to practically zero. As an example, he cited Paramount's Lara Croft: Tomb Raider as a 'minor masterpiece' in the arcane art of studio financing. Although the official budget for this 2001 production was $9 [...]

  • Pete

    The Hollywood Economist 2.0 (2010) by Edward Epstein looks at how the finances of Hollywood work. It’s a fascinating account of how the contents of Hollywood films are driven by financial considerations. The book looks at Arnold Schwarzenegger’s remarkable contracts, star insurance, how concession sales drive the economics of what Hollywood makes and how TV, video, DVD and now streaming is driving how Hollywood runs its finances. The other thing that is covered in great detail is the incredi [...]

  • Chad

    Mandatory for basic cultural literacy."When studios found that they could no longer count on habitual moviegoers to fill theaters, they went in to the very risky business of creating tailor-made audiences for each and every movie they released. Like in an election campaign, the studios had to get people to turn out at the multiplexes on a specific date-- the opening weekend. The principal means of generating this audience is to buy ads on national television. For this strategy to work efficientl [...]

  • Jenny

    There aren't many books about how Hollywood or the filmmaking industry works that aren't told through the lens of an actor/ actress writing his/her autobiography. Therefore, I appreciate Epstein's take and straightforward approach. This book is cut up into many short factual accounts - some just two pages long, others as a whole chapter of a book. It covers a wide range of interesting-to-know topics that any curious minded person would enjoy reading. For example, here are some of the topics:1. H [...]

  • Greg Talbot

    "Hollywood" has grown and prospered despite the divergent forms of entertainment available to people today. Netflix, home studios, the new wave of serious drams ("Sopranos", "Breaking Bad"), Hulu have all taken a piece of the pie, but invariably the studios continue to rake in tons of money. High margins on food and saltiness of food to keep moviegoers eating and paying. Niche marketing through franchisees and extensive marketing ensures an audience and large payoff. Of course, when you play wit [...]

  • Muneeb

    This book was recommended to me by a friend. He found this book interesting even though he was not a business graduate. I found this book to be quite interesting. This is basically the behind-the-scenes book for the major studios and their movies. It discusses how a movie is financed, who finances it and what factors are in play, how the 6 major studios have major influence over the industry, how often times the profit from a movie is not what is reported because of high margins to distributors [...]

  • Ted

    When I was in my salad days as a dew-eyed late teen, I wanted to be a film director, but never really had a chance to pursue that dream. If I could go back in time, I would put on my "must read" list The Hollywood Economist by Edward Epstein. The book really breaks down how movies get made and marketed in Hollywood nowadays. But Epstein also delves into the history of the movie business to show how it's evolved to the point where Hollywood is almost a "digital delivery" entertainment enterprise. [...]

  • Christopher Pufall

    Although some of the material could use a small bit of updating -- just to be current with most recent and constant changes in the industry -- I found this book (vers 2.0) to be highly relevant and insightful. It covers a wide swath of the head-spinning business of making and distributing movies in the global marketplace, illustrating assorted ways that the studios have wrung out other sources of income to creatively aid in the financing of movie productions.I have read this book twice and still [...]

  • Dasha Vakhina

    The uniqueness of the book (for me, at least) was in the industry picked up for the "investigation". I wondered before how the Hollywood is actually making its money but never got any article about its real "kitchen". In this way the book is a very nice introduction to the movie-industry: you can get the understanding of the main principles of the financing and production of your favourite films. Personally I was surprised with some facts, even didn't believe in some author's arguments. Anyway I [...]

  • Joelwakefield

    An interesting read about the economics of Hollywood and the movies. Unfortunately, there were quite a few ways that would have made it much more informative, and I ended up with a lot of questions at the end that seemed to be pretty obvious ones that didn’t end up getting answered. The book comes from a series of articles the author had written for the Wall Street Journal, so it has the feel of a lot of shorter pieces, all put together to make a longer, but not really well flowing book. Botto [...]

  • Jen

    I picked up this book curious about the financial side of the movie business. It's a quick read - especially since the author give good, quick examples of the different financial aspects of movie production, marketing and distribution. It was very interesting to learn just now much it can cost of make a movie, how little profit a movie actually makes with just a theatre release and who really makes money off a movie. It was also intriguing to get a look inside an iron clad contract that made a c [...]

  • Heather Colacurcio

    Good introductory exploration of how movies are funded, what percentage they take home from the box office and how much extra revenue a film needs to generate through various outlets in order to "break even" and make a profit. Also takes a look at star power, contracts and Independent cinema. People with prior film history knowledge will probably benefit the best from this book as Epstein tends to quickly summarize the Studio System era and track its evolution into the current state of Hollywood [...]

  • Petr Kalis

    Interesting book with short episodes how the Hollywood empire is working. Author shares with readers complicated background of box office magic, recent development of digital frontier.I guess that book is completed out of newspaper or blog articles, so parts are not connected much and sometimes you are reading some bit of information over and over (I am eyeing you, this piece of info how hollywoods moguls now need to create a separate audience for each and every movie)Book is light reading witho [...]

  • Chris

    This is a repetitive, not terribly well-written book but if you are curious about movies and why they have such similar elements, you will learn something and be a lot more skeptical about reports on box office grosses meaning something (just like you should ignore daily business reports on the Dow Jones Industrial Average saying something meaningful about the economy). Assuming it's accurate, it uncovers a pretty sad reality about the business (crap is inevitable because there is no incentive f [...]

  • xq

    pretty interesting for anyone who is interested in Hollywood and production-type things. i was intrigued b/c i wanted to understand the costs of making a film vs the returns at the box office (oh god i am a nerd) since i always read about these numbers in the media. also learned interesting stuff about insurance for celebs, tax breaks and other interesting-to-producers-type things. what i liked was that while this could've been really dry and boring, it was just enough info that i could comprehe [...]

  • Michael

    If you still think most Hollywood movies make a healthy profit, this is the book to read. That movies even get shown in cinemas . after surviving the entire process from someone's idea to being written to being deemed worthy of a studios efforts of distribution to getting insurance to getting financing and then being made well enough for moviegoers to see after all the people put it together (e.g. producers, director, actors, editors, and thousands of other cast/crew) a pure miracle.

  • Eduardo Miranda

    Very interesting. There's a prevalent tone of "I've found something fishy here" that's mostly unjustified. Maybe it's the investigative journalist's bias. For instance, the fact that different investors face different levels of risk and profitability is treated as inherently suspicious, but it's the way lots of business is done and is not necessarily immoral. That being said, it provides a good deal of insight into the business of Hollywood and the strategic choices different parties face.

  • Ash

    This is a great book if you really want to learn how movie studios make their money. I know of some economics but I am not a wiz. Epstein really breaks it down and it is a quick read. It's is a little disheartening that real thought-provoking movies are going to be few and far in between since they don't make any real money. Looks like it'll still be style over substance because style sells like mad.

  • Rebecca

    This book was an extremely quick little read. More of an overview of the movie system then anything else. Stuff I knew about theaters and some stuff I didn't. A definite good read for someone who doesn't know anything but wants to learn more! One thing I loved about this print was that there were some errors in the editing of this book and someone pulled a me and already corrected them in pencil. I always do that!