Revenue Prediction of Music Concerts Using the Mathematical Model of Hit Phenomena

Author

Kawahata, Yasuko ; Genda, Eiichi ; Ishii, A.

Author_Institution

Dept. of Contents & Creative Design, Kyushu Univ., Fukuoka, Japan

fYear

2013

fDate

5-7 July 2013

Firstpage

208

Lastpage

213

Abstract

A mathematical model for the hit phenomenon in entertainment within a society is presented as a stochastic process of interactions of human dynamics. The calculations for the Japanese motion picture market based on to the mathematical model agree very well with the actual residue distribution in time. The world most popular rock band Cold play is analyzed using the SNS data. L´Arc-en-Ciel of Japanese rock band and LADYGAGA are also analyzed using the data of SNS as well. The results agree very well, so that the mathematical theory for hit phenomena can be applied to the estimation of tickets sold for Music concerts.

Keywords

entertainment; music; profitability; stochastic processes; Cold Play; Japanese motion picture market; Japanese rock band; L´Arc-en-Ciel; LADYGAGA; SNS data; entertainment; hit phenomena; human dynamics; mathematical model; mathematical theory; music concerts; revenue prediction; stochastic process; ticket sales estimation; Entertainment industry; Equations; Mathematical model; Media; Motion pictures; Rocks; Twitter; Coldplay; Hitphenomena; L´Arc-en-Ciel; LADYGAGA; Twitter; advertisement; concert; music;

fLanguage

English

Publisher

ieee

Conference_Titel

Biometrics and Kansei Engineering (ICBAKE), 2013 International Conference on

Conference_Location

Tokyo

Type

conf

DOI

10.1109/ICBAKE.2013.41

Filename

6603503