Hollywood film studios spend billions of dollars each year producing and promoting their films, so it’s important that they develop projects that have the greatest chance of making money. According to Intelligent Life, one way they are doing this is by relying on predictive research to compare potential scripts with past box office results to attempt to determine the likelihood of a film’s success before it’s made.
One company helping Hollywood studios do this work is Epagogix. The London company uses algorithms to analyze hundreds of elements of a script — such as having clear villains or a sidekick — against other films. By finding similarities, Epagogix’s researchers are often able to determine how much money a film will make at the box office to within $10 million.
Read the story at: http://moreintelligentlife.com/content/features/anonymous/slaves-algorithm?page=full
Samuel Phineas Uphamis an investor from NYC and SF. You may contact Phin on his Samual Phineas Upham website or LinkedIn.