An inside look into the complexity of box-office revenue prediction in China

In this article, we discuss various elements contributing to exerting influence on box office in China, which are divided into internal and external factors. Since these factors could merely be quantified by online data sources partially or inaccurately, we propose that relativity analysis is more r...

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Main Authors: Jia Xiao, Xin Li, Shanzhi Chen, Xuhui Zhao, Meng Xu
Format: Article
Language:English
Published: Wiley 2017-01-01
Series:International Journal of Distributed Sensor Networks
Online Access:https://doi.org/10.1177/1550147716684842
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author Jia Xiao
Xin Li
Shanzhi Chen
Xuhui Zhao
Meng Xu
author_facet Jia Xiao
Xin Li
Shanzhi Chen
Xuhui Zhao
Meng Xu
author_sort Jia Xiao
collection DOAJ
description In this article, we discuss various elements contributing to exerting influence on box office in China, which are divided into internal and external factors. Since these factors could merely be quantified by online data sources partially or inaccurately, we propose that relativity analysis is more reasonable than precise revenue prediction. Trailer is selected as the combination of movie content and online behavior prior to releasing. Indexes from seven mainstream video websites are retrieved by the designed big data system which is integrated with the Internet of things technology. Correlation coefficients of different time periods are calculated. We apply multiple linear regression with stepwise method in modeling and prove that watching counts of 1 week before releasing on Youku is the barometer of market performance, especially the first week revenues. We also manifest the power of influential users through constructing Sina Weibo acquisition and analysis system.
format Article
id doaj-art-7a13ac5ddaed40fda4980c96e8d72a44
institution Kabale University
issn 1550-1477
language English
publishDate 2017-01-01
publisher Wiley
record_format Article
series International Journal of Distributed Sensor Networks
spelling doaj-art-7a13ac5ddaed40fda4980c96e8d72a442025-02-03T05:54:33ZengWileyInternational Journal of Distributed Sensor Networks1550-14772017-01-011310.1177/1550147716684842An inside look into the complexity of box-office revenue prediction in ChinaJia Xiao0Xin Li1Shanzhi Chen2Xuhui Zhao3Meng Xu4State Key Laboratory of Networking and Switching Technology, Beijing University of Posts and Telecommunications, Beijing, ChinaState Key Laboratory of Networking and Switching Technology, Beijing University of Posts and Telecommunications, Beijing, ChinaState Key Laboratory of Wireless Mobile Communications, China Academy of Telecommunications Technology, Beijing, ChinaState Key Laboratory of Networking and Switching Technology, Beijing University of Posts and Telecommunications, Beijing, ChinaState Key Laboratory of Networking and Switching Technology, Beijing University of Posts and Telecommunications, Beijing, ChinaIn this article, we discuss various elements contributing to exerting influence on box office in China, which are divided into internal and external factors. Since these factors could merely be quantified by online data sources partially or inaccurately, we propose that relativity analysis is more reasonable than precise revenue prediction. Trailer is selected as the combination of movie content and online behavior prior to releasing. Indexes from seven mainstream video websites are retrieved by the designed big data system which is integrated with the Internet of things technology. Correlation coefficients of different time periods are calculated. We apply multiple linear regression with stepwise method in modeling and prove that watching counts of 1 week before releasing on Youku is the barometer of market performance, especially the first week revenues. We also manifest the power of influential users through constructing Sina Weibo acquisition and analysis system.https://doi.org/10.1177/1550147716684842
spellingShingle Jia Xiao
Xin Li
Shanzhi Chen
Xuhui Zhao
Meng Xu
An inside look into the complexity of box-office revenue prediction in China
International Journal of Distributed Sensor Networks
title An inside look into the complexity of box-office revenue prediction in China
title_full An inside look into the complexity of box-office revenue prediction in China
title_fullStr An inside look into the complexity of box-office revenue prediction in China
title_full_unstemmed An inside look into the complexity of box-office revenue prediction in China
title_short An inside look into the complexity of box-office revenue prediction in China
title_sort inside look into the complexity of box office revenue prediction in china
url https://doi.org/10.1177/1550147716684842
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