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Latest White Paper From Movio, Film Industry’s Global Leader in Data Analytics, Confirms That Underrepesented Moviegoers Expand Box Office When They Are Reflected on Screen

October 24, 2019
Latest White Paper From Movio, Film Industry’s Global Leader in Data Analytics, Confirms That Underrepesented Moviegoers Expand Box Office When They Are Reflected on Screen
Latest White Paper From Movio, Film Industry’s Global Leader in Data Analytics, Confirms That Underrepesented Moviegoers Expand Box Office When They Are Reflected on Screen

AUCKLAND, New Zealand & LOS ANGELES--(BUSINESS WIRE)--Oct 24, 2019--

With both an increasingly diverse moviegoing audience and an increasingly diverse U.S. population, understanding how to attract diverse audiences will soon be paramount to the success of filmmakers and marketers, and to the sustainability of the exhibition sector. Movio’s recently released white paper, The Diversity Demand: Securing the Future of Moviegoing, examines how theatrical audience composition correlates to increased representation on screen, and if this suggests an opportunity to drive box office by producing content representative of audiences that have historically been underrepresented in film.

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Photo Courtesy of Movio, a Vista Group Company

The analysis confirms a correlation between a minority group’s representation on screen and that group’s audience turnout, with some groups attending in numbers at more than twice the usual rate. The research also shows that increased representation of minority groups on screen can influence less engaged moviegoers within that demographic cohort to attend the theater.

As a cursory analysis, Movio selected several pairs of theatrically released films which would generally be considered “similar” in terms of both genre and budget. For each pair, one film featured an underrepresented lead or co-lead and the other film did not. The audience composition of each title was then analyzed by Movio’s data science team. Some highlights include:

“Movio’s ability to tie ticket purchases to individual moviegoers enables us to decipher the drivers of collective moviegoing behavior and to analyze attendance trends within demographic groups,” says Chief Commercial Officer and President of Movio Media Craig Jones, who will discuss the White Paper findings during his appearance at the upcoming New York Film Conference. “Today’s consumer has countless entertainment options, making it easier than ever for diverse audiences to find content that speaks to their tastes and experiences. If cinema is to remain relevant and continue having a cultural impact, it must attract these audiences by delivering more representative content.”

Discover all the insights and download the full white paper at: movio.co/nyfc

About Movio: Movio is the global leader in marketing data analytics and campaign management solutions, revolutionizing the way the film industry interacts with moviegoers. Movio is the world’s most comprehensive source of moviegoer data and has products designed specifically with the challenges of movie marketing in mind. Movie lovers at heart, it’s our mission to connect everyone with their ideal movie. Movio is a company of Vista Group International Ltd (NZX & ASX: VGL).

www.movio.co
@MovioHQ
www.linkedin.com/company/movio

Note on defining diversity for this white paper: By definition, diversity equates to variety, of being composed of differing elements. In the context of the film industry, the conversation around diversity generally refers to variation in gender, ethnicity, age, sexual orientation, and disability behind the camera, on screen, and within moviegoing audiences. Traditionally, representation both on screen and behind the camera has been disproportionately male and Caucasian. The call for diversity aims to bring film industry representation into better alignment with each group’s proportional representation in the general population.

View source version on businesswire.com:https://www.businesswire.com/news/home/20191024005794/en/

CONTACT: Press Contact:

Maggie Begley/MBC

310.390.0101;Maggie@mbcprinc.com

KEYWORD: AUSTRALIA/OCEANIA NEW ZEALAND UNITED STATES NORTH AMERICA CALIFORNIA NEW YORK

INDUSTRY KEYWORD: MARKETING DATA MANAGEMENT ENTERTAINMENT COMMUNICATIONS TECHNOLOGY FILM & MOTION PICTURES GENERAL ENTERTAINMENT

SOURCE: Movio

Copyright Business Wire 2019.

PUB: 10/24/2019 01:00 PM/DISC: 10/24/2019 01:01 PM

http://www.businesswire.com/news/home/20191024005794/en