The Analysis of the Factors that Influence the Film Revenue

Abstract

As the rapid development of the economy in this era, in response to the needs of people in modern society, people are also demanding more and more movies. the film industry is also in constant development. Firstly, summarizing the results of other domestic and foreign scholars' research on the analysis of factors influencing box office revenues by reviewing national and international academic websites for information related to the topic of this paper. Afterwards, in this paper, analysis of the factors that influence movie revenue with respect to the data set on movies provided by Kaggle website which contains the information of more than 10,000 movies. By choosing the characteristics from the data set which are revenue, popularity, runtime and vote average followed by performing visual analysis showing the relationship between the response variables and independent variables and building the linear regression model. The result shows that the popularity, budget and vote average have significant effects on the revenue. Finally, the suggestions are made on the factors influencing each film's box office revenue and also expressed positive thoughts on the future development of the film industry.