Problem 2 – Steven Spielberg

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Steven Spielberg is the leading film director of all time when it comes to the box office. Below are a list of the motion pictures he has direct and the box office. Also listed is the opening-weekend box office.

Year                       Title                                                                       Gross Sales (Millions)                     Opening

1974                       Sugarland Express                                                 7.5                                                          NA

1975                       Jaws                                                                      260.0                                                        7.0

1977                       Close Encounters of the Third Kind                132.0                                                        5.3

1979                       1941                                                                         31.7                                                        2.7

1981                       Raiders of the Lost Ark                                       242.3                                                       8.3

1982                       E.T.                                                                         435.1                                                      11.8

1984                       Indian Jones and the Temple of Doom          179.8                                                      25.3

1985                       Color Purple                                                           98.4                                                        1.7

1987                       Empire of the Sun                                                 22.2                                                        1.3

1989                       Indiana Jones and the Last Crusade             197.1                                                      29.3

1989                       Always                                                                     43.8                                                        3.7

1991                       Hook                                                                      119.6                                                      13.5

1993                       Jurassic Park                                                       357.0                                                     47.0

1993                       Schindler’s List                                                      96.0                                                       0.6

1997                       Lost World                                                            229.0                                                     72.1

1997                       Amistad                                                                   44.2                                                       4.5

1998                       Saving Private Ryan                                           216.5                                                     30.5

2001                       A.I. Artificial Intelligence                                      78.6                                                      29.3

2002                       Minority Report                                                   132.0                                                      35.6

2002                       Catch Me if You Can                                         164.6                                                       30.0

2004                       The Terminal                                                       77.8                                                        29.0

2005                       War of the Worlds                                             231.7                                                       64.8

 

Raiders of the Lost Ark, was the first movie that Spielberg released in more than 1,000 theaters at once. Previously, it was the practice to limit the number of theaters in the first couple of weeks before going into general release.

 

a. Given the above, what would you predict for the next Spielberg movie at the box office?

b. What factors go into predicting the box office of a motion picture?

c. Would it make a difference for the movie War of the Worlds at the box office if it starred an unknown actor or Tom Cruise?

 

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