Risk in the Film Business: Known Unknowns

This book explores the complex and contested subject of risk in the film business, examining how it is framed, intuited, and managed across a sliding scale of formality. It provides a coherent analytic coverage of business organization and project construction to address the practicalities of risk, often in unseen business-to-business contexts. It is informed by economic sociologies concepts and applications of science and technology studies to media and communications, and will be essential reading for scholars and risk management professionals.

Format: Paperback / softback
Length: 300 pages
Publication date: 29 January 2024
Publisher: Taylor & Francis Ltd

This comprehensive book delves into the intricate, multifaceted, and often contentious realm of risk within the film industry. Its examination of how risk is perceived, understood, and managed has a profound impact on the financing, production, and consumption of films. Drawing upon extensive original research that includes insights from top industry practitioners, the book explores the interconnected dynamics between independent filmmakers, large media companies, the international marketplace, and related audio-visual sectors, such as high-end television.

The book reveals that risk is typically framed, or even intuited, rather than calculated, and that this process occurs across a spectrum of formalities. It goes beyond the broad creative industries characterizations of a risky sector and focuses on providing a comprehensive analysis of business organization and project construction to address the complex practicalities that mobilize strategic operations in relation to risk, often in unseen business-to-business contexts.

Informed by economic sociology's concepts addressing market assemblage and valuation, alongside applications of science and technology studies to media and communications, the book recognizes both the powerful roles of social and institutional actors and the affordances of new technologies in dealing with the persistent known unknown—the audience.

Examining a persistent business issue in a novel way, this book employs established mechanisms and innovative approaches, such as data analytics, to analyze top-level industry practice. The result is a book that will be of vital importance to scholars with an interest in the film business, as well as risk management more broadly.

Weight: 453g
Dimension: 234 x 156 (mm)
ISBN-13: 9780367675318