The Hollywood Economist: The Hidden Financial Reality Behind the Movies

Overview

In a Freakonomics meets Hollywood saga, veteran investigative reporter Edward Jay Epstein goes undercover to explore Hollywood’s “invisible money machine,” probing the dazzlingly complicated finances behind the hits and the flops, while he answers the surprisingly puzzling question: How do the studios make their money?

Along the way we also ...

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Overview

In a Freakonomics meets Hollywood saga, veteran investigative reporter Edward Jay Epstein goes undercover to explore Hollywood’s “invisible money machine,” probing the dazzlingly complicated finances behind the hits and the flops, while he answers the surprisingly puzzling question: How do the studios make their money?

Along the way we also learn much about star system and what makes the business tick:

+ What it costs to insure Nicole Kidman’s right knee ...

+ How and why the studios harvest silver from old film prints ...

+ Why stars do—or don’t do—their own stunts ...

+ Why Arnold Schwarzenegger is considered a contract genius ...

+ How Hollywood goes about doping outside investors and hedge fund managers ...

+ Why Lara Croft: Tomb Raider is considered a “masterpiece” of financing ...

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Editorial Reviews

From the Publisher
PRAISE FOR THE HOLLYWOOD ECONOMIST

"The answer to [the] mysteries of modern-day film financing can be found in The Hollywood Economist, Edward Jay Epstein's latest foray into the seamy underbelly of Hollywood spreadsheets."
The Wall Street Journal

"[A] terrific job.... There's fun to be had in knowing specifics, and Epstein
 offers plenty."
Entertainment Weekly

"Mr Epstein tells some good stories."
The Economist

PRAISE FOR EDWARD JAY EPSTEIN'S THE BIG PICTURE

"A rich adventure that will change the way you look at movies."
BusinessWeek

"Edward Jay Epstein is here to tell us that when it comes to Hollywood these days, we've got it all wrong."
The Washington Post Book World

"One of the virtues of The Big Picture is Mr. Epstein's astonishing access to numbers that movie studios go to great lengths to keep secret....A groundbreaking work that explains the inner workings of the game."
The Wall Street Journal

"Hollywood has needed one of these for a long time--a user's manuel. This one could not be more complete....[Grade] A."
—Entertainment Weekly

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Product Details

  • ISBN-13: 9781933633848
  • Publisher: Melville House Publishing
  • Publication date: 2/23/2010
  • Pages: 224
  • Product dimensions: 5.58 (w) x 7.98 (h) x 0.68 (d)

Meet the Author

Edward Jay Epstein, who wrote the "Hollywood Economist" column for Slate, is the author of The Big Picture: Money and Power in Hollywood, as well as many other books. He writes frequently for the Wall Street Journal, Vanity Fair, and The New Yorker, and he lives in New York City. His website is edwardjayepstein.com
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Sort by: Showing all of 8 Customer Reviews
  • Anonymous

    Posted January 17, 2012

    Hollywood Studios Financing

    The book is well researched and explains very well how the big studios in Hollywood finance their films. This might sound like a dry & boring topic, but the author does a great job by spicing it up with interesting anecdodes and insider information. Very informative and entertaining book! Distribution and marketing models for films have changed a lot over the past few years and some of the information amd discussions in the book are already out of date, so claims that this book can be used as a "blueprint" for film financing is certainly not true.

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  • Anonymous

    Posted March 29, 2010

    Excellent Book

    Whether you're a movie buff or just an average fan, this book covers the inner workings of hollywood in full detail. Not too analytical, not too general, the author covers where studios makes their money(which is not from the movie itself) and why studios are reluctant to do simultaneous releases onto alternatives such as itunes. The ins and outs of funding, budgeting, movie theatre deals, stars and their effect on determining whether to make a movie probably reveal more than most people ever realize. Would recommend it and will probably read it again.

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    Posted August 28, 2010

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    Posted November 23, 2010

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    Posted March 5, 2011

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    Posted May 22, 2011

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    Posted June 23, 2010

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