Sunday, January 19, 2014

The secret to Hollywood’s future?

A Harvard academic who shadows the stars says that the entertainment industry needs more blockbusters to survive


Audiences respond to big-name actors, special effects and in-your-face advertising, says Ms Elberse. She adds that while it might seem safer to spread money around a series of smaller bets, this is counterintuitive on average. “It is not foolproof. It is going to lead to failures and those failures are extremely painful,” she says.