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Economic and Cultural Influences on the Theatrical Consumption of Foreign Films in Singapore

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  • W. Wayne Fu
  • Tracy Lee
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    Abstract

    This study investigates audience acceptance of foreign movies in an import-dominated exhibition market—Singapore. The characteristics of home cinema markets and the cultural distances of the film-exporting countries are operationalized in an empirical model to explain the highly varied demand in this import market for international films from various sources. We show that during 2002-2004 release frequencies and box-office performance for films originating in different countries are significantly accounted for by both economic and cultural factors. Films from countries with larger domestic markets and from countries culturally more similar to Singapore experience greater box-office success. Furthermore, an individual foreign film's Singapore box-office performance is explained by its box-office success in its home market and the intercountry cultural distance.

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    Bibliographic Info

    Article provided by Taylor & Francis Journals in its journal Journal of Media Economics.

    Volume (Year): 21 (2008)
    Issue (Month): 1 ()
    Pages: 1-27

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    Handle: RePEc:taf:jmedec:v:21:y:2008:i:1:p:1-27

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    Web page: http://www.tandfonline.com/HMEC20

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    Cited by:
    1. Francis Lee, 2009. "Cultural discount of cinematic achievement: the academy awards and U.S. movies’ East Asian box office," Journal of Cultural Economics, Springer, vol. 33(4), pages 239-263, November.
    2. Jordi McKenzie & W. Walls, 2013. "Australian films at the Australian box office: performance, distribution, and subsidies," Journal of Cultural Economics, Springer, vol. 37(2), pages 247-269, May.

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