Edward Jay Epstein writes on the economics of Hollywood for our partners at the online magazine Slate.
NPR: Is Hollywood Wasting Money Selling Movies to Teens?
These claims were first put forward by US journalist Edward Jay Epstein in the New York Review of Books last November.
BBC: Dominique Strauss-Kahn
Edward Jay Epstein, you write that the major studios spend millions more dollars on advertising than they actually get back from moviegoers.
In a recent article on The Wrap, Edward Jay Epstein claims that between 2000 and 2002 a 5% drop in theater attendance caused almost half of all theaters to declare bankruptcy.
FORBES: James Cameron, Michael Bay Against Early Video on Demand
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