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Software that Predicts the Success of Movies
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A computerized analysis of 800 films demonstrated a significant level of accuracy in gauging their financial success. The software predicted the right revenue category for the film 37 percent of the time. Seventy-five percent of the time, the film ranked within one category of its actual performance.
What do you get when you mix information science with Hollywood's film industry? Computer-based predictions of the next blockbuster hit.
Professor Ramesh Sharda, an information systems specialist at Oklahoma State University, has developed a computer program to help Hollywood predict the potential success -- or failure -- of a film.
Seven years in the making, Sharda has used his model to analyze more than 800 films on a set of factors decided long before the director ever yells "lights, camera, action." The professor is publishing a paper in "Expert Systems With Applications" early next year.
Complete story on technewsworld.
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