Skip to main content Accessibility help
×
Hostname: page-component-8448b6f56d-c47g7 Total loading time: 0 Render date: 2024-04-23T20:21:09.361Z Has data issue: false hasContentIssue false

2 - Basic Elements

from Part I - Introduction

Published online by Cambridge University Press:  26 June 2020

Get access

Summary

This chapter explains the universal psychological roots and “laws” that affect all media and entertainment products and services. The functionality of the Internet and the role of advertising is also covered along with accounting and valuation issues.

Type
Chapter
Information
Entertainment Industry Economics
A Guide for Financial Analysis
, pp. 48 - 86
Publisher: Cambridge University Press
Print publication year: 2020

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

References

Further Reading

Abbate, J. (1999). Inventing the Internet. Cambridge, MA: MIT Press.Google Scholar
Albarran, A. B. (2010). The Media Economy. New York: Routledge.Google Scholar
Altman, D. (2002). “Is the P/E Ratio Becoming Irrelevant?” New York Times, July 21.Google Scholar
Arthur, C. (2012). Digital Wars: Apple, Google, Microsoft and the Battle for the Internet. London: Kogan Page.Google Scholar
Bane, P. W., and Bradley, S. P. (1999). “The Light at the End of the Pipe,” Scientific American, October.CrossRefGoogle Scholar
Bercovici, J. (2014). “Social Media’s New Mad Men,” Forbes, 194(6)(November 3).Google Scholar
Berners-Lee, T. (2010). “Long Live the Web,” Scientific American, December.Google Scholar
Berners-Lee, T., and Fischetti, M. (1999). Weaving the Web. New York: HarperCollins.Google Scholar
Carlson, N. (2014). “What Happened When Marissa Mayer Tried to Be Steve Jobs,” New York Times, December 17.Google Scholar
Cassidy, J. (2002). Dot.Con: The Greatest Story Ever Sold. New York: HarperCollins.Google Scholar
Chafkin, M., and Womack, B. (2016). “Yahoo’s $8 Billion Black Hole,” Bloomberg Businessweek, April 28.Google Scholar
Copeland, M. V., and Weintraub, S. (2010). “Google: The Search Party Is Over,” Fortune, 162(3)(August 16).Google Scholar
Cukier, K. N. (2000). “The Big Gamble,” Red Herring, April.Google Scholar
Cunningham, S., Flew, T., and Swift, A. (2015). Media Economics (Key Concerns in Media Studies). Basingstoke, U.K.: Palgrave Macmillan.Google Scholar
Dejesus, E. X. (1996). “How the Internet Will Replace Broadcasting,” Byte, February.Google Scholar
Delaney, K. J. (2006a). “Once-Wary Industry Giants Embrace Internet Advertising,” Wall Street Journal, April 17.Google Scholar
Delaney, K. J. (2006b). “In Latest Deal, Google Steps Further into World of Old Media,” Wall Street Journal, January 18.Google Scholar
Delaney, K. J. (2005a). “In ‘Click Fraud,’ Web Outfits Have a Costly Problem,” Wall Street Journal, April 6.Google Scholar
Delaney, K. J. (2005b). “In Hunt for Online Advertising, Yahoo Makes Big Bet on Media,” Wall Street Journal, March 1.Google Scholar
Faustino, P., Noam, E., Scholz, C., and Lavine, J. (2014). Media Industry Dynamics: Management, Concentration, Policies, Convergence and Competition. Lisbon: Media XXI.Google Scholar
Fritz, B. (2018). “The Netflix Effect,” Wall Street Journal, June 9.Google Scholar
Gillette, F. (2011). “The Rise and Inglorious Fall of Myspace,” Bloomberg Businessweek, June 27.Google Scholar
Gillette, F., and Frier, S. (2016). “The Journey of Jack Dorsey,” Bloomberg Businessweek, March 28.Google Scholar
Godes, D., Ofek, E., and Sarvary, M. (2009). “Content vs. Advertising: The Impact of Competition on Media Firm Strategy,” Marketing Science, 28(1)(Jan.–Feb.).Google Scholar
Grow, B., and Elgin, B. (2006). “Click Fraud: The Dark Side of Online Advertising,” Bloomberg Businessweek, October 2.Google Scholar
Gunther, M. (2001). “The Cheering Fades for Yahoo,” Fortune, 144(9)(November 12).Google Scholar
Gunther, M. (1999). “The Trouble with Web Advertising,” Fortune, 139(7)(April 12).Google Scholar
Hafner, K., and Lyon, M. (1996). Where Wizards Stay Up Late: The Origins of the Internet. New York: Simon & Schuster.Google Scholar
Hagerty, J. R., and Berman, D. K. (2003). “New Battleground over Web Privacy: Ads That Snoop,” Wall Street Journal, August 27.Google Scholar
Hardy, Q. (2003). “All Eyes on Google,” Forbes, 171(11)(May 26).Google Scholar
Helft, M. (2013). “How YouTube Changes Everything,” Fortune, 168(3)(August 12).Google Scholar
Helft, M. (2010). “Friending the World,” New York Times, July 8.Google Scholar
Helft, M., and Hempel, J. (2012). “Inside Facebook: How Does the Social Media Giant Really Work?” Fortune, 165(4)(March 19).Google Scholar
Hempel, J. (2013). “LinkedIn: How It’s Changing Business,” Fortune, 168(1)(July 1).Google Scholar
Hempel, J. (2011). “Trouble @Twitter,” Fortune, 163(6)(May 2).Google Scholar
Hempel, J. (2009). “How Facebook Is Taking Over Our Lives,” Fortune, 159(4)(March 2).Google Scholar
Herrman, J. (2016). “In Media Company Advertising, Sponsored Content Is Becoming King,” New York Times, July 25.Google Scholar
Holt, J., and Perren, A., eds. (2009). Media Industries: History, Theory, and Method. Chichester, U.K.: Wiley-Blackwell.Google Scholar
Hsu, T. (2019). “The Advertising Industry Has a Problem: People Hate Ads,” New York Times, October 28.Google Scholar
Hwang, S., and Mangalindan, M. (2000). “Yahoo’s Grand Vision for Web Advertising Takes Some Hard Hits,” Wall Street Journal, September 1.Google Scholar
Ip, G. (2018). “The Antitrust Case Against America’s Technology Behemoths,” Wall Street Journal, January 17.Google Scholar
Jackson, M. O. (2008). Social and Economic Networks. Princeton University Press.Google Scholar
Katona, Z., Zubcsek, P. P., and Sarvary, M. (2011). “Network Effects and Personal Influences: The Diffusion of an Online Social Network,” Journal of Marketing Research, 48(June).Google Scholar
Knecht, G. B. (1996a). “Microsoft Puts Newspapers in Highanxiety.com,” Wall Street Journal, July 15.Google Scholar
Knecht, G. B. (1996b). “How Wall Street Whiz Found a Niche Selling Books on the Internet,” Wall Street Journal, May 16.Google Scholar
Koller, T., Goedhart, M., and Wessel, D. (McKinsey & Company) (2015). Valuation: Measuring and Managing the Value of Companies, 6th ed. Hoboken, NJ: John Wiley.Google Scholar
Küng, L. (2008). Strategic Management in the Media: Theory to Practice. London: Sage.Google Scholar
LaPlante, A., and Seidner, R. (1999). Playing for Profit: How Digital Entertainment Is Making Big Business Out of Child’s Play. New York: Wiley/Upside.Google Scholar
MacMillan, D. (2016). “After Investor Truce, Yahoo CEO Stumbled,” Wall Street Journal, June 18.Google Scholar
Manly, L. (2005). “The Future of the 30-Second Spot,” New York Times, March 27.Google Scholar
Markoff, J., and Zachary, G. P. (2003). “In Searching the Web, Google Finds Riches,” New York Times, April 13.Google Scholar
McLuhan, E., and Zingrone, F., eds. (1995). Essential McLuhan. New York: Basic Books (HarperCollins).Google Scholar
McLuhan, M., and Powers, B. R. (1989). The Global Village. New York: Oxford University Press.Google Scholar
McNamee, R. (2019). Zucked: Waking Up to the Facebook Catastrophe. New York: Penguin.Google Scholar
McQuivey, J. L. (2013). Digital Disruption: Unleashing the Next Wave of Innovation. Las Vegas, NV: Forrester Research/Amazon.Google Scholar
Miller, C. C. (2009). “Ad Revenue on the Web? No Sure Bet,” New York Times, May 24.Google Scholar
Motavalli, J. (2002). Bamboozled at the Revolution: How Big Media Lost Billions in the Battle for the Internet. New York: Penguin (Viking).Google Scholar
Noam, E. M. (2017). “From the Internet of Science to the Internet of Entertainment,” in Bauer, J. M. and Latzer, M., eds., Handbook on the Economics of the Internet. Cheltenham, U.K.: Edward Elgar.Google Scholar
Nocera, J., and Elkind, P. (1998). “The Buzz Factory,” Fortune, 138(2)(July 20).Google Scholar
O’Reilly, L., and Stevens, L. (2018). “Amazon Emerges as Advertising Giant,” Wall Street Journal, November 27.Google Scholar
Owen, B. (1999). The Internet Challenge to Television. Cambridge, MA: Harvard University Press.Google Scholar
Perkins, M. C., and Perkins, A. B. (1999). The Internet Bubble. New York: Harper.Google Scholar
Picard, R. G. (2011). The Economics and Financing of Media Companies, 2nd ed. New York: Fordham University Press/Oxford University Press.Google Scholar
Picard, R. G., and Wildman, S. S., eds. (2014). Handbook on the Economics of the Media. Cheltenham, U.K.: Edward Elgar.Google Scholar
Ramachandran, S., and Flint, J. (2018). “At Netflix, Hollywood Battles the Algorithm,” Wall Street Journal, November 10.Google Scholar
Reid, R. H. (1997). Architects of the Web. New York: Wiley.Google Scholar
Rosenbloom, S. (2010). “But Will It Make You Happy?” New York Times, August 8.Google Scholar
Roth, D. (2005). “Torrential Reign,” Fortune, 152(9)(October 31).Google Scholar
Schwartz, E. S., and Moon, M. (2000). “Rational Pricing of Internet Companies,” Financial Analysts Journal, 53(3)(May/June).Google Scholar
Searcey, D. and Schatz, A. (2006). “Phone Companies Set Off a Battle over Internet Fees,” Wall Street Journal, January 6.Google Scholar
Segal, D. (2011). “The Dirty Little Secrets of Search,” New York Times, February 13.Google Scholar
Segaller, S. (1999). Nerds 2.0.1: A Brief History of the Internet. New York: TV Books.Google Scholar
Sellers, P. (2006). “MySpace Cowboys,” Fortune, 154(5)(September 4).Google Scholar
Spangler, T. (2016). “Yahoo’s False Prophet: How Marissa Mayer Failed to Turn the Company Around,” Variety, May 24.Google Scholar
Spangler, T. (2015). “Crashing the Party,” Variety, March 10.Google Scholar
Stille, A. (2000). “Marshall McLuhan Is Back from the Dustbin of History,” New York Times, October 14.Google Scholar
Stone, B. (2010). “Google: Sure, It’s Big. But Is That Bad?” New York Times, May 23.Google Scholar
Story, L. (2007). “How Many Web Site Hits? Depends Who’s Counting,” New York Times, October 22.Google Scholar
Swanson, B. (2014). “The U.S. Leads the World in Broadband,” Wall Street Journal, December 8.Google Scholar
Totty, M., and Mangalindan, M. (2003). “As Google Becomes Web’s Gatekeeper, Sites Fight to Get In,” Wall Street Journal, February 26.Google Scholar
Vascellaro, J. E. (2011). “TV’s Next Wave: Tuning into You,” Wall Street Journal, March 7.Google Scholar
Vascellaro, J. E., and Schechner, S. (2011). “TV Lures Ads as Audiences Scatter,” Wall Street Journal, September 21.Google Scholar
Vega, T. (2013). “Two Ad Giants Chasing Google in Merger Deal,” New York Times, July 29.Google Scholar
Vogelstein, F. (2005a). “Yahoo’s Brilliant Solution,” Fortune, 152(3)(August 8).Google Scholar
Vogelstein, F. (2005b). “Search and Destroy,” Fortune, 151(9)(May 2).Google Scholar
Vogelstein, F. (2004). “Google @ $165: Are These Guys for Real?” Fortune, 150(12)(December 13).Google Scholar
Vogelstein, F. (2003). “Can Google Grow Up?” Fortune, 148(12)(December 8).Google Scholar
Waldfogel, J. (2018). Digital Renaissance: What Data and Economics Tell Us About the Future of Popular Culture. Princeton, NJ: Princeton Univesrsity Press. Google Scholar

Save book to Kindle

To save this book to your Kindle, first ensure coreplatform@cambridge.org is added to your Approved Personal Document E-mail List under your Personal Document Settings on the Manage Your Content and Devices page of your Amazon account. Then enter the ‘name’ part of your Kindle email address below. Find out more about saving to your Kindle.

Note you can select to save to either the @free.kindle.com or @kindle.com variations. ‘@free.kindle.com’ emails are free but can only be saved to your device when it is connected to wi-fi. ‘@kindle.com’ emails can be delivered even when you are not connected to wi-fi, but note that service fees apply.

Find out more about the Kindle Personal Document Service.

  • Basic Elements
  • Harold L. Vogel
  • Book: Entertainment Industry Economics
  • Online publication: 26 June 2020
  • Chapter DOI: https://doi.org/10.1017/9781108675499.003
Available formats
×

Save book to Dropbox

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Dropbox.

  • Basic Elements
  • Harold L. Vogel
  • Book: Entertainment Industry Economics
  • Online publication: 26 June 2020
  • Chapter DOI: https://doi.org/10.1017/9781108675499.003
Available formats
×

Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

  • Basic Elements
  • Harold L. Vogel
  • Book: Entertainment Industry Economics
  • Online publication: 26 June 2020
  • Chapter DOI: https://doi.org/10.1017/9781108675499.003
Available formats
×