Anita Elberse

What’s behind the phenomenal success of entertainment businesses such as Warner Bros., Marvel Enterprises, and MGM — along with such stars as Jay-Z, Lady Gaga, and LeBron James? Which strategies give leaders in film, television, music, publishing, and sport an edge over their rivals? Anita Elberse, Harvard Business School’s expert on the entertainment industry, has done pioneering research on the worlds of media and sport for more than a decade. Now, in this groundbreaking book, she explains a powerful truth about the fiercely competitive world of entertainment: building a business around blockbuster products — the movies, television shows, songs, and books that are hugely expensive to produce and market — is the surest path to long-term success. Along the way, she reveals why entertainment executives often spend outrageous amounts of money in search of the next blockbuster, why superstars are paid unimaginable sums, and how digital technologies are transforming the entertainment landscape. Full of inside stories from Elberse’s unprecedented access to some of the world’s most successful entertainment brands, Blockbusters is destined to become required reading for anyone seeking to understand how the entertainment industry really works — and how to navigate today’s high-stakes business world at large.

hit-making, risk-taking, and the big business of entertainment

Blockbusters

Explains why the future of popular culture will revolve around increasingly bigger bets on entertainment products from movies and television shows to songs and books, offering insight into the big-ticket investment process and the role of digital technology.

Hit-making, Risk-taking, and the Big Business of Entertainment

What is behind the phenomenal success of entertainment businesses such as Warner Bros., Marvel Enterprises and Manchester United - along with such stars as Jay-Z and Lady Gaga? Which strategies give leaders in film, television, music, publishing, and sports an edge over their rivals? Anita Elberse, Harvard Business School's expert on the entertainment industry, has done pioneering research on the worlds of media and sports for more than a decade. Now, in this groundbreaking book, she explains a powerful truth about the fiercely competitive world of entertainment: building a business around blockbuster products - the movies, television shows, songs and books that are hugely expensive to produce and market - is the surest path to long-term success. Along the way, she reveals why entertainment executives often spend outrageous amounts of money in search of the next blockbuster, why superstars are paid unimaginable sums and how digital technologies are transforming the entertainment landscape. Full of inside stories emerging from her unprecedented access to some of the world's most successful entertainment brands, Blockbusters is destined to become required reading for anyone seeking to understand how the entertainment industry really works - and how to navigate today's high-stakes business world at large. 'Convincing . . . Elberse's Blockbusters builds on her already impressive academic rsum to create an accessible and entertaining book.' Financial Times

Why Big Hits – and Big Risks – are the Future of the Entertainment Business

Según la teoría de La larga cola, presentada en 2004 por Chris Anderson en un artículo en la revista Wired, antes de la irrupción de Internet los costes de almacenamiento y de distribución eran tan altos que sólo se vendían aquellos productos pensados para ser adquiridos por el mayor número de personas posibles, los llamados productos universales. A las tiendas físicas no les interesaba poner a la venta productos de nicho, pues sus ventas no justifi caban la inversión. La llegada de Internet y de grandes tiendas online como Amazon lo cambió todo y permitió que los productos de nicho estuvieran siempre disponibles y se vendieran tanto o más que los productos universales. Estos miles de productos de nicho vendían pocas unidades, pero eran tan numerosos que en su conjunto las ventas superaban a las de los productos universales. Era la llamada larga cola. Anita Elberse, cuyo curso en la Harvard Business School es referencia obligada para todos los directivos de la industria del entretenimiento, ha revisado la teoría de la larga cola y ha empleado métodos estadísticos para llegar a la conclusión de que sus premisas son falsas. A su juicio, y con los números en la mano, las empresas ganan más dinero cuando invierten en pocos productos pero potencialmente del agrado del mayor número de personas posibles. En este libro explica por qué las empresas deben invertir en productos universales llamados a convertirse en superventas y no en productos de nicho dirigidos a un número limitado de clientes potenciales.

Por qué el futuro de la industria del entretenimiento pasa por asumir riesgos e intentar crear productos superventas

Superventas

Harvard Business School

Tom Dye

Managing Manchester United

Sir Alex Ferguson

Why the future of popular culture will revolve around ever bigger bets on entertainment products, by one of Harvard Business School's most popular professors What's behind the phenomenal success of entertainment businesses such as Warner Bros., Marvel Entertainment, and the NFL—along with such stars as Jay-Z, Lady Gaga, and LeBron James? Which strategies give leaders in film, television, music, publishing, and sports an edge over their rivals? Anita Elberse, Harvard Business School's expert on the entertainment industry, has done pioneering research on the worlds of media and sports for more than a decade. Now, in this groundbreaking book, she explains a powerful truth about the fiercely competitive world of entertainment: building a business around blockbuster products—the movies, television shows, songs, and books that are hugely expensive to produce and market—is the surest path to long-term success. Along the way, she reveals why entertainment executives often spend outrageous amounts of money in search of the next blockbuster, why superstars are paid unimaginable sums, and how digital technologies are transforming the entertainment landscape. Full of inside stories emerging from Elberse's unprecedented access to some of the world's most successful entertainment brands, Blockbusters is destined to become required reading for anyone seeking to understand how the entertainment industry really works—and how to navigate today's high-stakes business world at large.

Anita Elberse

Books

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