Box Office Oscar
02/28/2014 | | Economic forecasting, Eisenberg and housing economics, Eisenberg and public speaking, Elliot eisenberg, Graphsandlaughs, MLS, Multiple listing service, Oscar bump, Public speaking economist, Winning an Oscar, econ70, economist on TV, economist on radio, eisenberg and economics, funniest economist, funny housing economist, graphsandlaughs and eisenberg, housing sales, mortgage banking, politics and economics
The Friday File: Academy Awards boost ticket sales two ways; the “nomination effect” and the “winner effect”. While Ocsar winners sell more tickets than movies that are only nominated, most of the difference occurs before the awards ceremonies. Thus ticket sales between the nominations and the awards can be used to predict winners. That said, after winning best picture, ticket sales on average jump $14 million, best actor/actress $2 million.