ABSTRACT

This chapter explains how the capital-as-power framework will structure our analysis of the Hollywood film business in greater detail. It explains why the rest of the project focuses on risk in the Hollywood film business. The chapter gives a more technical explanation of how the capital-as-power approach is being applied to empirical research on the Hollywood film business. Filmed entertainment is a term that reflects the scale of the available financial data from 1950 to 2019. The business of cinema has, in the last few decades, diver-sified its methods of gaining income – for example exhibition windows after theatrical exhibition. The goal of accumulation through depth is to increase the elemental power per “unit of organization” – for example, increase earnings per employee. In Hollywood’s case, its strategy to accumulate through depth also involves increasing earnings per film during periods when the rate of film releases is stagnating or even decreasing.