The Economist: Broadway Grosses Model
The Economist: Broadway Grosses Model
#1The Economist: Broadway Grosses Model
Posted: 7/27/16 at 11:44am
I'm sure I'm part of a very small cross section of people who read both BWW and The Economist daily, so I figured I'd share a cool model they put together to predict Broadway grosses. My favorite is the drop down where you can select the lead actor and look at the grosses they predict they would bring in. Enjoy!
http://www.economist.com/blogs/graphicdetail/2016/07/daily-chart-18
10086sunset
Broadway Legend Joined: 2/8/16
#2The Economist: Broadway Grosses Model
Posted: 7/27/16 at 12:04pm
Fascinating and really fun to play with.
Thanks for sharing this.
bfreak
Broadway Legend Joined: 5/6/11
#3The Economist: Broadway Grosses Model
Posted: 7/27/16 at 12:05pm
What do they mean with cast scoring? How many people are in the cast or about what the popularity of the whole cast overall is?
#4The Economist: Broadway Grosses Model
Posted: 7/27/16 at 12:23pm
I don't understand why they just have Hollywood talent in the cast list and not Broadway talent as well. It's undeniable that Audra McDonald or Patti Lupone can help sell a show.
#5The Economist: Broadway Grosses Model
Posted: 7/27/16 at 12:30pm
it is so fraught with flaws that it is best to think of it just as a game.
#6The Economist: Broadway Grosses Model
Posted: 7/27/16 at 12:37pm
HogansHero said: "it is so fraught with flaws that it is best to think of it just as a game.
"
Totally agree - they simply did regressions on all of the variables, and we all know correlation does not imply causation. But still fun to play around with
neonlightsxo
Broadway Legend Joined: 7/29/08
#7The Economist: Broadway Grosses Model
Posted: 7/27/16 at 12:38pm
I played with it for about a minute before I got frustrated. You can't predict this kind of stuff.
BroadwayConcierge
Broadway Legend Joined: 7/24/15
#8The Economist: Broadway Grosses Model
Posted: 7/27/16 at 12:41pm
Reading the methodologies and metrics determinations behind this model is super interesting...but I would have hoped that the people behind this would have realized that the whole point of this industry is that you can't plug it into a system and determine your revenues or success. That's the entire point.
Thanks for posting though, GreenGables. Interesting to peruse.
#9The Economist: Broadway Grosses Model
Posted: 7/27/16 at 1:05pm
If "cast" is cast size, why require 10? So many plays have many fewer actors
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