This paper wants to analyse the role of public funding in the Danish movie industry and study its effect on the performance of national movies. The mechanism by which national movies are supported can provide interesting insights into the film industry and can help understanding some of the trends there observed. The paper is structured in two parts. The first part provides an overview over the structure of the Danish movie industry, examining the role that the Danish Film Institute holds within the sector. I notice that Danish movies are currently experiencing a period of high success, with significant recognition coming from the market and many international festivals. The role of the Danish Film Institute is found to be central and crucial for the industry. The second part presents an empirical analysis of the effect that public subsidies have on the commercial and artistic performance of national movies. The sample includes all the nationally subsidized movies released in Danish cinemas between 2001 and 2012. The analysis shows that production subsidies have not a significant impact on commercial performance, which is rather significantly related to the amount of distribution subsidies and the size of distribution activities. Concerning artistic performance, a reversed scenario is pictured, with production subsidies being positively related to awards and distribution subsidies not showing significance. The conclusions reported in this paper have implications for practice in the movie business and in cultural policy. Some important topics for future research are also suggested.
|Educations||MSocSc in Management of Creative Business Processes , (Graduate Programme) Final Thesis|
|Number of pages||69|