Entertainment Industry Economics: A Guide for Financial Analysis

by Harold L. Vogel

• ISBN13: 9780521836128
• ISBN10: 0521836123
• Edition: 6th
• Format: Hardcover
• Copyright: 2004-06-21
• Publisher: Cambridge University Press

Summary

The entertainment industry is one of the largest sectors of the US economy, fast becoming one of the most prominent globally. In this new sixth edition, Harold L. Vogel examines the business economics of the major entertainment enterprises: movies, television, and cable programming, music, broadcasting, casino-wagering and gambling, sports, publishing, performing arts, theme parks, and toys. A new section is included, pertaining to recent theoretical work explaining box office performance. New material links the concept of cultural capital to the organizational aspects shared by all creative industries, expands the coverage of deal elements in the music industry, and provides additions to the sports economics chapter. The result is a comprehensive, up-to-date reference guide on the economics, financing, production, and marketing of entertainment in the US and overseas. An invaluable guide to how entertainment industries operate, suitable for investors, business executives, accountants, lawyers, arts administrators, and general readers.

Author Biography

Harold L. Vogel is the author of Travel Industry Economics: A Guide for Financial Analysis (Cambridge University Press, 2001), a companion volume to this study of the entertainment industry. He was ranked as top entertainment industry analyst for a record ten years by Institutional Investor magazine and served for seventeen years as senior entertainment industry analyst at Merrill Lynch and Co. A chartered financial analyst and member of the New York Society of Securities Analysts, Mr. Vogel formerly served on the New York State Governor's Motion Picture and Television Advisory Board. He is a frequent writer and speaker on investment topics related to leisure, entertainment, and travel, serves as adjunct professor of media economics at Columbia University's Uris Graduate School of Business, and is author of the novel Short Three Thousand (2000). Mr. Vogel currently heads an independent investment fund in New York City.

Table of Contents

Part I. Introduction: 1. Economic perspectives

Part II. Media-Dependent Entertainment: 2. Movie macroeconomics

3. Making and marketing movies

4. Financial accounting in movies and television

5. Music

6. Broadcasting

7. Cable

8. The internet

9. Publishing

10. Toys and games

Part III. Live Entertainment: 11. Gaming and wagering

12. Sports

13. Performing arts and culture

14. Amusement/theme parks

Part IV. Roundup: 15. Epilog

Notes

Appendix A. Sources of information

Appendix B. Major games of chance

Appendix C. Supplementary data

Glossary

References

Index.