How Does Buzz Affect a Movie's Box Office Take
The amount of Internet buzz a movie generates is a strong predictor of its box-office take. But it hardly matters whether that buzz is good or bad, according to a study by Yong Liu of Syracuse University.
* Liu tracked 303 postings about a major movie in the summer of 2002 at Yahoo! Movies. Nearly one-third (32.5%) of these were negative.
* WOM offered significant explanatory power for both aggregate and weekly box office revenue particularly in the early weeks after a movie opened. The effect of WOM was magnified by the sheer volume of it, and not from its valence (the percentages of positive and negative messages).
