Entertainment Science
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Entertainment Science

by Thorsten Hennig-Thurau, Mark B. Houston · Business

New(0 reviews)
879 pages
2019
0 downloads
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pdf

About this book

The entertainment industry has long been dominated by legendary screenwriter William Goldman’s “Nobody-Knows-Anything” mantra, which argues that success is the result of managerial intuition and...

Key Insights

  • The 'Nobody Knows Anything' paradigm is challenged by rigorous data-driven models that can predict commercial success with surprising accuracy.
  • Entertainment products are 'experience goods' where value is subjective, requiring specialized marketing strategies to mitigate consumer risk.
  • Success in the digital age relies on understanding the synergy between content quality, brand power, and social network effects.

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