What makes a movie succesful?

• Hypotheses:

  • Highly budgeted movies return high revenue and profit

  • Highly budgeted movies have a high popularity

• Criteria for Movies:

  • Theatrical release in the US
  • Released on 1990 or later
  • Budget of over $10,000
  • Runtime longer than 60 minutes

• Factors to take into consideration:

  • Movie Length
  • Genre
  • Rating
  • Awards
  • Production Company
  • Budget

• Evidence in the data supports the first hypothesis, but not the second.

  • As a production company allocates a significant amount of capital for a movie's budget, the results are mainly projected from a financial standpoint. Movies with elevateted budgets tend to outperform those that didn't have the same economic resources. For a movie, securing a high budget means that there will be an overall higher production value than a movie that a significantly lower budget. However, this does not assure the production company that the movie will be popular. Popularity was difficult to factor that cannot be measured with just numbers. It was to do with the artistic value the movie might have. All in all, with the data recolected and our analysis, we can conclude that having a higher budget presents the movie with a greater chance for it to break even and have a greater profit percentage.