Incluye Bibliografía e Indices

ContentsList of FiguresList of TablesPrefacePart I IntroductionChapter 1 Economic perspectives1.1 Time conceptsLeisure and workRecreation and entertainmentTimeExpansion of leisure time1.2 Supply and demand factorsProductivityDemand for leisureExpected utility comparisonsDemographics and debtsBarriers to entry1.3 Primary principlesMarginal mattersPrice discriminationPublic good characteristics1.4 Personal-consumption expenditure relationships1.5 Industry structures and segmentsStructuresSegments1.6 Valuation variablesDiscounted cash flowsComparison methodsOptions1.7 Concluding remarksSelected additional readingChapter 2 Basic elements2.1 Rules of the roadLaws of the mediaNetwork features2.2 InternetAgent of changeAccounting and valuationAccountingValuation2.3 AdvertisingFunctionalityEconomic aspects2.4 Concluding remarksSelected additional readingPart II Media-dependent entertainmentChapter 3 Movie macroeconomics3.1 Flickering images3.2 May the forces be with youEvolutionary elementsTechnologyCapitalPecking ordersExhibitionProduction and distribution3.3 Ups and downsAdmission cyclesPrices and elasticitiesProduction starts and capitalReleases and inventoriesMarket-share factorsCollateral factorsExchange-rate effectsTrade effectsFinancial aggregates3.4 Markets -- primary and secondary3.5 AssetsFilm librariesTechnologyUtilization ratesInterest and inflation ratesCollections and contractsLibrary transfersReal estate3.6 Concluding remarksSelected additional readingChapter 4 Making and marketing movies4.1 Properties -- physical and mental4.2 Financial foundationsCommon-stock offeringsCombination dealsLimited partnerships and tax sheltersBank loansPrivate equity and hedge funds4.3 Production preliminariesThe big pictureLabor unions4.4 Marketing mattersDistributors and exhibitorsSequencingDistributor-exhibitor contractsRelease strategies, bidding, and other related practicesExhibition industry characteristics:(a) Capacity and competition(b) Rentals percentagesHome video and merchandisingHome videoMerchandisingMarketing costs4.5 Economic aspectsProfitability synopsisTheoretical foundation4.6 Concluding remarksSelected additional readingChapter 5 Financial accounting in movies and television5.1 Dollars and senseContract cloutOrchestrating the numbers5.2 Corporate overviewRevenue-recognition factorsInventoriesAmortization of inventoryUnamortized residualsInterest expense and other costsCalculation controversiesStatement of Position 00-25.3 Big-picture accountingFinancial overviewParticipation dealsPickupsCoproduction-distributionTalent participations and breakevenProducers' participations and cross-collateralizationsHome video participationsDistributor--exhibitor computationsDistributor deals and expensesStudio overhead and other production costsTruth and consequences5.4 Television-programming accountingFeature licensingProgram production and distributionDevelopment and financing processesSyndication agreementsCosts of productionCosts and problems of distributionTiming troubles5.5 Weakest linksExhibitors: The beginning and the endDistributor--producer problems5.6 Concluding remarksSelected additional readingChapter 6 Music6.1 Feeling groovy6.2 Size and structureEconomic interplayThe American sceneThe global sceneComposing, publishing, and managingRoyalty streamsPerformancesMechanical royaltiesSynchronization feesCopyrightGuilds and unionsConcerts and theaters6.3 Making and marketing recordsDeal maker's delightProduction agreementsTalent dealsProduction costsMarketing costsDistribution and pricingDistributionPricingInternet effects6.4 Financial accounting and valuationArtists' perspectiveCompany perspectiveValuation aspects6.5 Concluding remarksSelected additional readingChapter 7 Broadcasting7.1 Going on the airTechnology and historyBasic operationsRegulationOrganizational patterns and prioritiesNetworks and affiliatesRatings and audiencesInventoriesIndependent and public broadcasting stations7.2 Economic characteristicsMacroeconomic relationshipsMicroeconomic considerations7.3 Financial-performance characteristicsVariable cost elementsFinancial-accounting practices7.4 Valuing broadcast properties7.5 Concluding remarksSelected additional readingChapter 8 Cable8.1 From faint signalsPay services evolve8.2 Cable industry structureOperational aspectsFranchisingRevenue relationships8.3 Financial characteristicsCapital concernsAccounting conventions8.4 Development directionsPay-per-viewCable's competitionDBS/DTHMMDS/LMDSSMATVSTVTelephone companies8.5 Valuing cable-system properties8.6 Concluding remarksSelected additional readingChapter 9 Publishing9.1 Gutenberg's giftFirst wordsOperating characteristics9.2 Segment specificsBooksEducational and professionalTradePeriodicalsNewspapersMagazines and other periodicals9.3 MultimediaDeveloper/publisher issuesDistribution issues9.4 Accounting and valuationAccountingValuation9.5 Concluding remarksSelected additional readingChapter 10 Toys and games10.1 Not just for kidsFinancial flavorsBuilding blocks10.2 Chips ahoy!Slots and pinsPong: pre and aprés10.3 Structural statementsHome video gamesCoin-opProfit dynamics10.4 Concluding remarksSelected additional readingPart III Live entertainmentChapter 11 Gaming and wagering11.1 From ancient historyAt firstGaming in AmericaPreliminariesThe Nevada experienceEnter New JerseyHorse racingLotteriesIndian reservations, riverboats, and other wagering areas11.2 Money talksMacroeconomic mattersFunding functionsRegulationFinancial performance and valuation11.3 Underlying profit principles and terminologyPrinciplesTerminology and performance standards11.4 Casino management and accounting policiesMarketing mattersCash and creditProcedural paradigms11.5 Gambling and economics11.6 Concluding remarksSelected additional readingChapter 12 Sports12.1 Spice is niceEarly inningsMedia connectionsThe wagering connection12.2 Operating characteristicsRevenue sources and divisionsLabor issues12.3 Tax accounting and valuationTax issuesHistorical developmentCurrent treatmentsAsset valuation factors12.4 Sports economics12.5 Concluding remarksSelected additional readingChapter 13 Performing arts and culture13.1. Audiences and offeringsCommercial theaterOn and off BroadwayCircusOrchestrasOperaDance13.2 Funding sources and the economic dilemma13.3 The play's the thingProduction financing and participationsOperational characteristics13.4 Economist echoesOrganizational featuresElasticitiesPrice discriminationExternalities13.5 Concluding remarksSelected additional readingChapter 14 Amusement/theme parks14.1 Flower powerGardens and grovesModern times14.2 Financial operating characteristics14.3 Economic sensitivities14.4 Valuing theme-park properties14.5 Concluding remarksSelected additional readingPart IV RoundupChapter 15 Performance and policy15.1 Common elements15.2 Public policy issues15.3 Guidelines for evaluating entertainment securitiesCash flows and private market valuesDebt/equity ratiosPrice/earnings ratiosPrice/sales ratiosEnterprise valuesBook value15.4 Final remarksAppendix A: Sources of informationAppendix B: Major games of chanceBlackjackCrapsRouletteBaccaratSlotsOther casino gamesPokerKenoBig Six WheelBingoPai Gow, Fan Tan, and Sic BoPanTrente-et-quarante (Rouge et Noir)LotteriesTracksSports bookAppendix C: Supplementary dataGlossaryReferencesIndex

En este libro, recientemente revisado, Harold L. Vogel examina la economía de negocios de las grandes empresas de entretenimiento: películas, música, programas de televisión, radiodifusión, cable, juegos de azar de casino y apuestas, la edición, las artes escénicas, deportes, parques temáticos, y juguetes y juegos . La séptima edición se ha revisado y ampliado aún más y se diferencia de sus predecesores por la reestructuración y reposicionamiento del capítulo anterior de Internet, incluyendo el nuevo material sobre la economía de las redes y de la publicidad, la adición de una nueva sección sobre implicaciones de política, y ampliar aún más el apartado de reciente teórico trabajar perteneciente a la caja-oficina de comportamiento. El resultado es una guía de referencia actualizada completa sobre la economía, la financiación, la producción y mercadeo de entretenimiento en los Estados Unidos y el extranjero. Los inversionistas, ejecutivos de empresas, contadores, abogados, administradores de las artes, y lectores en general encontrarán que el libro ofrece una valiosa guía sobre cómo operan las industrias del entretenimiento.