An Analysis of the Out-of-Market Gap for DVDs in the U.S

We examine the out-of-market gap – the time between the end of a film's theatrical run and its release on DVD – for a sample of U.S. films during 1988-2005. The average gap declined from 58.14 days in 1998 to 27.93 days in 2005; by 2005, 39% of the films were released on DVD prior to leaving th...

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Veröffentlicht in:	Review of industrial organization 2007-06, Vol.30 (4), p.303-323
Hauptverfasser:	Nelson, Randy A., Reid, Clifford E., Gilmore, Owen
Format:	Artikel
Sprache:	eng
Schlagworte:	Cable TV Consumer economics Consumer equilibrium Consumer prices Consumers Distribution Distribution channels DVD players Entertainment Fashion designers Fashion models Film industry Industrial organization Leisure industry Market strategy Monopolies Motion picture industry Movies Pay per view television Prices Product management Production budgets Profit maximization Profits Retail stores Retail trade Sales Studies Theaters & cinemas U.S.A Variable coefficients
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Beschreibung
Zusammenfassung:	We examine the out-of-market gap – the time between the end of a film's theatrical run and its release on DVD – for a sample of U.S. films during 1988-2005. The average gap declined from 58.14 days in 1998 to 27.93 days in 2005; by 2005, 39% of the films were released on DVD prior to leaving the theaters. Probit and hazard models are estimated to explore the factors that influence a distributor's decision to release a film on DVD before it exits the theaters, and the timing of the release for films that appear on DVD after they leave the theaters.
ISSN:	0889-938X 1573-7160
DOI:	10.1007/s11151-007-9138-8