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Investing in movies

Author

Listed:
  • Mark J Ferrari
  • Andrew Rudd

    (Advisor Software, Inc.)

Abstract

Investment managers are becoming increasingly interested in intellectual property as an asset class, and a large part of this intellectual property is filmed content created by the major movie studios. We have collected reliable information about the creative content and financial performance of feature films, and used this data to better understand the returns to investing in movies. We describe the valuation context of feature films and list the important factors influential in explaining financial returns. These factors are then used to build a quantitative, multiple factor valuation and risk model of the asset class.

Suggested Citation

  • Mark J Ferrari & Andrew Rudd, 2008. "Investing in movies," Journal of Asset Management, Palgrave Macmillan, vol. 9(1), pages 22-40, May.
    • Handle: RePEc:pal:assmgt:v:9:y:2008:i:1:d:10.1057_palgrave.jam.2250091
    DOI: 10.1057/palgrave.jam.2250091
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    References listed on IDEAS

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    Full references (including those not matched with items on IDEAS)

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