Talent and publicity as determinants of superstar incomes : empirical evidence from the motion picture industry
- By drawing on the two prevailing economic stardom theories, the paper investigates the sources of superstardom in the US movie industry. For the econometric analysis, we use income and popularity data of screen actresses and actors from the annual Celebrity 100 lists as published by Forbes Magazine. The empirical findings indicate that Hollywood, in contrast to other professional settings, supports two different types of stars. While 'talent stars' exploit acting merit, it is media exposure that drives the income of 'publicity stars'. Apparently, in the motion picture industry both underlying resources are equally important and equally valued. Based on these insights we develop concrete recommendations for the career management of artists and the management of film projects.
| Author: | Kay Hendrik HofmannORCiD, Christian Opitz |
|---|---|
| Title (English): | Talent and publicity as determinants of superstar incomes : empirical evidence from the motion picture industry |
| DOI: | https://doi.org/10.1080/00036846.2018.1527452 |
| ISSN: | 0003-6846 |
| Parent Title (English): | Applied Economics |
| Document Type: | Article |
| Language: | English |
| Year of Completion: | 2019 |
| electronic ID: | Zur Anzeige in scinos |
| Release Date: | 2021/05/25 |
| Volume: | 51 |
| Issue: | 13 |
| First Page: | 1383 |
| Last Page: | 1395 |
| Note: | Zugriff im Hochschulnetz |
| Faculties: | Fakultät WiSo |
| DDC classes: | 700 Künste und Unterhaltung / 791 Öffentliche Darbietungen, Film, Rundfunk |
| Review Status: | Peer Reviewed |