Explaining the Business of Entertainment
(This is Part III for a multi-part series on “Logarithmic Distribution of Returns”. Read Part I HERE and Part II HERE.) I come across the flaw of averages in reporting quite a bit. Take my article on MoviePass. The CEO said in an interview with The Indicator that the “average
My dad didn’t like the ending of Empire Strikes Back. His felt that it didn’t finish the story, it left off with a, “See you next movie!” conclusion. That irritated him. He hasn’t seen Avengers: Infinity War yet, so you know he won’t like that. My article yesterday probably did
You want to know a secret? The underlying secret to all media and entertainment? The peak behind the curtain that explains all you see in film, TV, music and more? Here it is. “Logarithmically distributed returns.” Once you learn it you can’t forget it. Like how to do a magic