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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

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.

Suggested Citation

  • W. Wayne Fu & Tracy Lee, 2008. "Economic and Cultural Influences on the Theatrical Consumption of Foreign Films in Singapore," Journal of Media Economics, Taylor & Francis Journals, vol. 21(1), pages 1-27.
  • Handle: RePEc:taf:jmedec:v:21:y:2008:i:1:p:1-27
    DOI: 10.1080/08997760701806769
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    Cited by:

    1. JdD Tena & G. Meloni & D. Paolini, 2014. "American Beauty: trade flows and export costs of US movies Â," Working Paper CRENoS 201410, Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia.
    2. Francis Lee, 2009. "Cultural discount of cinematic achievement: the academy awards and U.S. movies’ East Asian box office," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 33(4), pages 239-263, November.
    3. Jordi McKenzie & W. Walls, 2013. "Australian films at the Australian box office: performance, distribution, and subsidies," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 37(2), pages 247-269, May.
    4. Darlene Chisholm & Víctor Fernández-Blanco & S. Abraham Ravid & W. David Walls, 2015. "Economics of motion pictures: the state of the art," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 39(1), pages 1-13, February.
    5. Sora Park, 2015. "Changing patterns of foreign movie imports, tastes, and consumption in Australia," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 39(1), pages 85-98, February.
    6. repec:kap:asiapa:v:35:y:2018:i:1:d:10.1007_s10490-016-9501-0 is not listed on IDEAS

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