Hostname: page-component-848d4c4894-2pzkn Total loading time: 0 Render date: 2024-05-27T10:22:05.669Z Has data issue: false hasContentIssue false

Patterns of Market Polarization and Market Matching in the Korean Film Industry

Published online by Cambridge University Press:  24 March 2016

Extract

Despite its embedded ambiguity, conventional wisdom tends to prevail over time. This may be because old adages recurrently embrace some ingredients of truth. As James A. Mathisen highlights, conventional wisdom plays a significant role in constituting knowledge as a starting point. For many people, numerous adages (the rich get richer while the poor get poorer; birds of a feather flock together) are most commonly perceived as true. More interestingly, the accuracy of the two folk wisdoms appears to be more salient in culture-producing industries, including the motion picture industry. Concomitantly, the two adages have long been connected to diverse societal phenomena and sociological knowledge.

Type
Articles
Copyright
Copyright © East Asia Institute 

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

References

Notes

1. Mathisen, James A., “A Further Look at ‘Common Sense’ in Introductory Sociology,” Teaching Sociology 17 (1989): 307315.Google Scholar

2. Faulkner, Robert R. and Anderson, Andy B., “Short-Term Projects and Emergent Career: Evidence from Hollywood,” American Journal of Sociology 92 (1987): 879909.Google Scholar

3. Faulkner, and Anderson, , “Short-Term Projects and Emergent Career”; Baker, Wayne E. and Faulkner, Robert R., “Role as Resource in the Hollywood Film Industry,” American Journal of Sociology 97 (1991): 279309; Bielby, William T. and Bielby, Denise D., “‘All Hits Are Fluke’: Institutionalized Decision-Making and the Rhetoric of Network Prime-Time Program Development,” American Journal of Sociology 99 (1994): 1287–1313; Bielby, William T. and Bielby, Denise D., “Organizational Mediation of Project-Based Labor Markets: Talent Agencies and the Careers of Screenwriters,” American Sociological Review 64 (1999): 64–85; Sochay, Scott, “Predicting the Performance of Motion Pictures,” Journal of Media Economics 7 (1994): 1–20; Miller, Danny and Shamsie, Jamal, “Strategic Responses to Three Kinds of Uncertainty: Product Line Simplicity at the Hollywood Film Studios,” Journal of Management 25 (1999): 97–116.Google Scholar

4. Faulkner, and Anderson, , “Short-Term Projects and Emergent Career,” p. 833.Google Scholar

5. Ibid., p. 889.Google Scholar

6. Choong-mu-ro is the center of the Korean movie industry. Choong-mu-ro has been referred to as the Hollywood of Korea since 1960. This area is encompassed by a large number of theaters and film productions.Google Scholar

7. Mark Miller, C., Seeing Through Movies (New York: Pantheon Books, 1990); Baker, and Faulkner, , “Role as Resource in the Hollywood Film Industry”; Hoppenstand, Gary, “Hollywood and the Business of Making Movies,” in Litman, Barry R., ed., The Motion Picture Mega-Industry (Boston: Allen and Bacon, 1998), pp. 222–243.Google Scholar

8. Ha, Jea-bong, “The Myth of Korean Blockbusters,” Culture and Arts 7 (2002): 8892; Jeon, Chan-il, “Korea's Movie Scene: The Surging Popularity of Korean Films,” Koreana 17 (2003): 30–35.Google Scholar

9. DiMaggio, Paul J., “Market Structure, the Creative Process, and Popular Culture: Toward Organizational Reinterpretation of Mass-Culture Theory,” Journal of Popular Culture 11 (1977): 436452; Faulkner, and Anderson, , “Short-Term Projects and Emergent Career”; Miller, and Shamsie, , “Strategic Responses to Three Kinds of Uncertainty.” Google Scholar

10. DiMaggio, , “Market Structure, the Creative Process, and Popular Culture.Google Scholar

11. Raubistschek, R., “Hitting the Jackpot: Product Proliferation by Multi-product Firms Under Uncertainty,” International Journal of Industrial Organization 6 (1998): 469488.Google Scholar

12. Faulkner, and Anderson, , “Short-Term Projects and Emergent Career,” p. 884.Google Scholar

13. Powdermaker, Hortense, Hollywood, the Dream Factory: An Anthropologist Studies the Movie Makers (Boston: Little, Brown, 1950).Google Scholar

14. Faulkner, and Anderson, , “Short-Term Projects and Emergent Career.Google Scholar

15. Kim, Hwa, A Story of the Korean Film History (Seoul: Hase, 2001).Google Scholar

16. Blair, Helen, Grey, Susan, and Randle, Keith, “Working in Film: Employment in a Project Based Industry,” Personal Review 30 (2001): 170185.Google Scholar

17. The Screen Quota System is a governmental regulation that forces theaters to show domestic movies over a certain length of time a year. The Screen Quota System has been in the Korean film industry since 1967, but it has experienced many modifications. Currently, the Screen Quota System requires all Korean theaters to play domestic films for at least 106 days a year. The system has two key purposes. The first purpose is to prevent import of foreign films, specifically from Hollywood, and encroachment on the Korean film market. The second purpose is to boost the domestic film industry. Consequently, the Screen Quota System has played the role of safety net in the volatile Korean film market.Google Scholar

18. Faulkner, Robert R., Music on Demand (New Brunswick, NJ: Transaction, 1983); Faulkner, and Anderson, , “Short-Term Projects and Emergent Career”; Baker, and Faulkner, , “Role as Resource in the Hollywood Film Industry”; Bielby, and Bielby, , “‘All Hits Are Fluke’” and “Organizational Mediation of Project-Based Labor Markets”; Sochay, , “Predicting the Performance of Motion Pictures”; Miller, and Shamsie, , “Strategic Responses to Three Kinds of Uncertainty.” Google Scholar

19. Litman, Barry R., “Predicting Success of Theatrical Movies: An Empirical Study,” Journal of Popular Culture 16 (1983): 159175; Faulkner, and Anderson, , “Short-Term Projects and Emergent Career”; Litman, Barry R. and Kohl, Linda, “Predicting Financial Success of Motion Pictures: The '80s Experience,” Journal of Media Economics 2 (1989): 35–50; Sochay, , “Predicting the Performance of Motion Pictures”; Sangyoub Park and Eui Hang Shin, “An Analysis of Social Network Structures in the Korean Film Industry,” paper presented at the Annual Meeting of the American Sociological Association, Chicago, August 2002, pp. 15–19.Google Scholar

20. Faulkner, and Anderson, , “Short-Term Projects and Emergent Career.Google Scholar

21. Park, and Shin, , “An Analysis of Social Network Structures in the Korean Film Industry.Google Scholar

22. Gitlin, Todd, Inside Prime Time (New York: Pantheon, 1983); Baker and Faulkner, , “Role as Resource in the Hollywood Film Industry”; Sochay, , “Predicting the Performance of Motion Pictures.” Google Scholar

23. Faulkner, , Music on Demand; Faulkner, and Anderson, , “Short-Term Projects and Emergent Career.” Google Scholar

24. Faulkner, and Anderson, , “Short-Term Projects and Emergent Career.Google Scholar

25. Faulkner, and Anderson, , “Short-Term Projects and Emergent Career”; Bielby, and Bielby, , “‘All Hits Are Fluke’” and “Organizational Mediation of Project-Based Labor Markets”; Bielby, Denise D. and Bielby, William T., “Hollywood Dreams, Harsh Realities: Writing for Film and Television,” Contexts 1, no. 4 (2002): 2127.Google Scholar

26. Bielby, and Bielby, , “Hollywood Dreams, Harsh Realities,” p. 22.Google Scholar

27. Faulkner, and Anderson, , “Short-Term Projects and Emergent Career.Google Scholar

28. Becker, Howard S., Art Worlds (Berkeley: University of California Press, 1982); Powell, Walter W., “Neither Market nor Hierarchy: Network Forms of Organization,” Research in Organizational Behavior 12 (1990): 295–336; Blair, , Grey, , and Randle, , “Working in Film.” Google Scholar

29. Ghost was the first mega-hit movie (captivating more than 1 million Korean moviegoers) in 1991.Google Scholar

30. For example, there were 40 domestic films and 273 movies from Hollywood in 1999.Google Scholar

31. Faulkner, , Music on Demand.Google Scholar

32. This is a summary of e-mail correspondence from Young-chul Kim. We translated it into English.Google Scholar

33. Faulkner, and Anderson, , “Short-Term Projects and Emergent Career.Google Scholar