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An Analysis of Revenues at the Comédie française, 1680-1793

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  • Francois R. Velde

Abstract

I study the business practices of the Comdie franaise, the main theater in Paris, between 1680 and 1793. The theater was an actors? partnership and operated within a (contested) oligopoly. Newly available data provide revenues by price category for over 32,000 performances. Attendance varied considerably from one performance to the next. Total revenues increased in the second half of the 18th century as demand for entertainment in Paris boomed. The increase came in part from box rentals (by performance or by season). Pricing practices changed over time, as premium pricing for high-demand events made way for premium pricing on specific weekdays, and ultimately constant pricing. The repertory consisted of proven classics to which successful novelties were added. As demand grew, the theater provided more variety and more novelty.

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  • Francois R. Velde, 2017. "An Analysis of Revenues at the Comédie française, 1680-1793," Working Paper Series WP-2017-24, Federal Reserve Bank of Chicago.
    • Handle: RePEc:fip:fedhwp:wp-2017-24
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    References listed on IDEAS

    as
    1. François R. Velde, 2009. "Chronicle of a Deflation Unforetold," Journal of Political Economy, University of Chicago Press, vol. 117(4), pages 591-634, August.
    2. Morrisson, Christian & Snyder, Wayne, 2000. "The income inequality of France in historical perspective," European Review of Economic History, Cambridge University Press, vol. 4(1), pages 59-83, April.
    3. Hoffman, Philip T. & Jacks, David S. & Levin, Patricia A. & Lindert, Peter H., 2002. "Real Inequality In Europe Since 1500," The Journal of Economic History, Cambridge University Press, vol. 62(2), pages 322-355, June.
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    More about this item

    Keywords

    Entertainment industry; history of theater; oligopoly; France; Paris; Comédie Française;
    All these keywords.

    JEL classification:

    • L82 - Industrial Organization - - Industry Studies: Services - - - Entertainment; Media
    • N73 - Economic History - - Economic History: Transport, International and Domestic Trade, Energy, and Other Services - - - Europe: Pre-1913
    • N83 - Economic History - - Micro-Business History - - - Europe: Pre-1913

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