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.
• Best-selling book of its kind by a renowned author • Discussion of the most up-to-date developments in entertainment economics • Contains new section on box office performance, new material on cultural capital and the organization of creative industries, and additions to the music and sports chapters
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. Epilogue; Notes; Appendix A. Sources of information; Appendix B. Major games of chance; Appendix C. Supplementary data; Glossary; References; Index.