As the winners of the Academy awards 2018 have been announced, here are some social science sites for locating materials on the economics of the Oscars.
- The Independent has an interesting section of facts on impacts on careers which was published in 2016.
- Statista has a fact file of data on the awards, which subscribers can download.
- According to the authors of the 2001 academic paper simply titled “What’s an Oscar worth?” winning the Oscar for Best Picture on average boosted box-office sales by $18.1 million.
- Box office mojo compares income of box office hits with winners 2010-2016. The highest grosser of 2016 was “Rogue One: A Star Wars Story”, which generated box office revenue of over 532 million U.S. dollars. The Oscar winner in that year, “Moonlight”, generated 27.85 million U.S. dollars at the domestic box-office.
Colombia Economics Review discussed this and other sources in a useful article in 2017.
Film Industry data in terms of the general contribution of the film industry as a whole to the economy:
- BFI has some data on contribution to GDP.
- The creative industries website also has data on TV and film production companies in the UK
- The ONS has a good visualisation about the increasing strength of the UK film industry.