【Data Science Project】 A Deep Dive into Influential Factors for Movie Success
I. Introduction
Film entertainment is big business in the United States and it was estimated that the film entertainment business generated $35.3B in revenue in 2019 (Watson, 2020). The United States is among the biggest film industries in the world in general but also in terms of tickets sold per year, ranking behind China and India.
Microsoft sees all the big companies creating original video content, and they want to get in on the fun. They have decided to create a new movie studio, but the problem is they don’t know anything about creating movies. They have hired Flatiron Data Science team to help them better understand the movie industry. Our team is charged with doing data analysis and creating a presentation that explores what type of films are currently doing the best at the box office. We will then translate those findings into actionable insights that the CEO can use when deciding what type of films they should be creating.
