| Vorliegende Sprache |
eng |
| Hinweise auf parallele Ausgaben |
375339108 Buchausg. u.d.T.: ‡Hofmann, Kay H.: Co-financing Hollywood film productions with outside investors |
| ISBN |
978-3-658-00786-7 |
| Name |
Hofmann, Kay H. |
| T I T E L |
Co-Financing Hollywood Film Productions with Outside Investors |
| Zusatz zum Titel |
An Economic Analysis of Principal Agent Relationships in the U.S. Motion Picture Industry |
| Verlagsort |
Wiesbaden |
| Verlag |
Springer Gabler |
| Erscheinungsjahr |
2013 |
| 2013 |
| Umfang |
Online-Ressource (XVIII, 159 p. 10 illus, digital) |
| Reihe |
Markt- und Unternehmensentwicklung / Markets and Organisations |
| Notiz / Fußnoten |
Description based upon print version of record |
| Weiterer Inhalt |
Foreword; Preface; Table of Contents; List of Figures; List of Tables; List of Abbreviations; 1. Introduction; 1.1 Co-Financing in the Motion Picture Industry; 1.2 The Filmmaking Business from an Economic Perspective; 1.3 Aims and Scope; 1.4 Hollywood and Academic Research; 1.5 Content and Structure; 2. The Hollywood Mega Industry; 2.1 Historic Development; 2.1.1 The Rise of the Entertainment Industry in Southern California: 1907-1930; 2.1.2 The 'Old' Hollywood: 1930-1950; 2.1.3 The 'New' Hollywood: 1950 present; 2.2 The Value Chain of Motion Pictures; 2.3 The Players. 2.4 Revenue Windows and the Exploitation of Filmed Content2.4.1 Domestic Theatrical Market; 2.4.2 Ancillary Media Markets; 2.4.3 Merchandising Markets; 2.4.4 International Markets; 2.5 Profitability of Motion Picture Projects; 3. Contemporary Co-Financing Practices in the Motion Picture Industry; 3.1 Studio-Distributor Perspective: Raising the Funds; 3.2 External Investor Perspective: Providing the Funds; 3.2.1 Financer Deals; 3.2.2 Slate Financing Arrangements; 3.3 Existing Research on Co-Financing in the Motion Picture Industry; 4. Principal Agent Relationships in Co-Financing Deals. 4.1 Application of the Principal Agent Framework4.2 Information Asymmetries in Financer and Slate Deals; 4.3 Adverse Selection; 4.4 Moral Hazard during Production; 4.5 Moral Hazard during Distribution; 4.6 Consequences of Adverse Selection and Moral Hazard; 5. Description of the Data and Variables; 5.1 The Data; 5.2 Dependent Variables; 5.3 Independent Variables; 6. Agency Problems in Financer Deals: Results and Discussion; 6.1 Descriptive Analysis; 6.2 Analysis of Performance Differentials; 6.3 Adverse Selection; 6.4 Moral Hazard; 6.5 Agency Problems and Film Quality. 6.6 Managerial Implications6.7 Summary and Limitations; 7. Implications of the Appearance of Slate Investors; 7.1 Development of the Co-Financing Market; 7.2 Consequences for Financers; 8. Agency Problems in Slate Financing Arrangements: Results and Discussion; 8.1 Descriptive Analysis; 8.2 Analysis of Performance Differentials; 8.3 Adverse Selection; 8.4 Moral Hazard; 8.5 Agency Problems and Film Quality; 8.6 Managerial Implications; 8.7 Summary and Limitations; 9. Concluding Remarks; 9.1 Summary; 9.2 Transferability of Findings; 9.3 Limitations and Further Research Questions; 9.4 Outlook. ReferencesAppendix; A.1 The Agency Problem in the Financial Contracting Literature; A.2 Summary Statistics (Financer Sample); A.3 Correlation Matrix (Financer Sample); A.4 Summary Statistics (Slate Sample); A.5 Correlation Matrix (Slate Sample) |
| Titelhinweis |
Buchausg. u.d.T.: ‡Hofmann, Kay H.: Co-financing Hollywood film productions with outside investors |
| ISBN |
ISBN 978-3-658-00787-4 |
| ISBN 1-283-90938-3 ebk |
| ISBN 978-1-283-90938-9 : ebk |
| Klassifikation |
K |
| BUS000000 |
| KJ |
| BUS042000 |
| 384.830979493 |
| 650 |
| 330 |
| HF4999.2-6182 |
| QR 750 |
| AP 58000 |
| Kurzbeschreibung |
The Business of Motion Picture Production and Distribution -- Co-Financing Film Projects with External Investors -- Principal Agent Problems in Co-Financing Relationships -- Empirical Investigation of Adverse Selection and Moral Hazard -- Managerial Implications and Developments in the Co-Financing Market |
| 2. Kurzbeschreibung |
Co-financing arrangements in which investors from outside the motion picture industry become co-owners of the completed films are a common phenomenon in Hollywood. Kay H. Hofmann analyzes the conflicts of interest and the organizational problems that may arise between the experienced major studios and investors with comparably low industry expertise. Guided by principal agent theory, the empirical analysis provides evidence for adverse selection and moral hazard. Based on his findings, the author develops solutions that are not only relevant for investors but also for film producers who rely on the long-term availability of external funds |
| 1. Schlagwortkette |
Los Angeles- Hollywood |
| Filmwirtschaft |
| Kofinanzierung |
| 1. Schlagwortkette ANZEIGE DER KETTE |
Los Angeles- Hollywood -- Filmwirtschaft -- Kofinanzierung |
| 2. Schlagwortkette |
Los Angeles- Hollywood |
| Filmwirtschaft |
| Kofinanzierung |
| ANZEIGE DER KETTE |
Los Angeles- Hollywood -- Filmwirtschaft -- Kofinanzierung |
| SWB-Titel-Idn |
37537700X |
| Signatur |
Springer E-Book |
| Bemerkungen |
Elektronischer Volltext - Campuslizenz |
| Elektronische Adresse |
$uhttp://dx.doi.org/10.1007/978-3-658-00787-4 |
| Internetseite / Link |
Volltext |
| Siehe auch |
Inhaltsverzeichnis |
| Siehe auch |
Inhaltstext |
| Siehe auch |
Volltext |
| Siehe auch |
Cover |
