Research Article

Box Office Forecasting considering Competitive Environment and Word-of-Mouth in Social Networks: A Case Study of Korean Film Market

Table 2

Explanatory variable description (X denotes the target motion picture whereas denotes the motion picture that was ranked first at the box office one day prior to the release day. denotes the top five movies in terms of box office scores one day prior to release).

VarCategoryAttributeDescription

1IndexMotion picture identifier

2ScreeningNumber of seats for X on the release day

3CompetitionNumber of screens for on the release day
4Number of seats for on the release day
5Screen share for on the release day
6Number of screens for on one day before release
7Number of seats for on one day before release
8Screen share for on one day before release
9IN_numberNumber of motion pictures among that have the same nationality with X
10IN_screenNumber of total screens on the release day for the motion pictures in that have the same nationality with X
11IN_seatNumber of total seats on the release day for the motion pictures in that have the same nationality with X
12IN_shareAggregated screen shares on the release day for the motion pictures in that have the same nationality with X
13IG_numberNumber of motion pictures among that have the same genre with X
14IG_screenNumber of total screens on the release day for the motion pictures in that have the same genre with X
15IG_seatNumber of total seats on the release day for the motion pictures in that have the same genre with X
16IG_shareAggregated screen shares on the release day for the motion pictures in that have the same genre with X
17IR_numberNumber of motion pictures among that have the same ratings with X
18IR_screenNumber of total screens on the release day for the motion pictures in that have the same ratings with X
19IR_seatNumber of total seats on the release day for the motion pictures in that have the same ratings with X
20IR_shareAggregated screen shares on the release day for the motion pictures in that have the same ratings with X
21ID_numberNumber of motion pictures among that have the same distributor with X
22ID_screenNumber of total screens on the release day for the motion pictures in that have the same distributor with X
23ID_seatNumber of total seats on the release day for the motion pictures in that have the same distributor with X
24ID_shareAggregated screen shares on the release day for the motion pictures in that have the same distributor with X
25Avg_ageThe average screening days of until the release day
26Rank_screenRank of X in terms of the number of screens on the release day
27

28WOMN_SNS−3Total number of SNS mentions posted between three and two weeks prior to the release
29N_SNS−2Total number of SNS mentions posted between two weeks and one week prior to the release
30N_SNS−1Total number of SNS mentions posted during one week prior to the release
31N_emo−3Total number of emotional SNS mentions posted between three and two weeks prior to the release
32N_emo−2Total number of emotional SNS mentions posted between two weeks and one week prior to the release
33N_emo−1Total number of emotional SNS mentions posted during one week prior to the release
34N_pos−3Total number of positive SNS mentions posted between three and two weeks prior to the release
35N_pos−2Total number of positive SNS mentions posted between two weeks and one week prior to the release
36N_pos−1Total number of positive SNS mentions posted during one week prior to the release
37N_neg−3Total number of negative SNS mentions posted between three and two weeks prior to the release
38N_neg−2Total number of negative SNS mentions posted between two weeks and one week prior to the release
39N_neg−1Total number of negative SNS mentions posted during one week prior to the release
40Tot_SNSN_SNS−3 + N_SNS−2 + N_SNS−1
41Avg_SNS_inc(N_SNS−3  − N_SNS−1)/2
42Weekly_SNS_incN_SNS−1  − N_SNS−2
43Tot_emoN_emo−3 + N_emo−2 + N_emo−1
44Avg_emo_inc(N_emo−3  − N_emo−1)/2
45Weekly_emo_incN_emo−1  − N_emo−2
46Tot_posN_pos−3 + N_pos−2 + N_pos−1
47Avg_pos_inc(N_pos−3  − N_pos−1)/2
48Weekly_pos_incN_pos−1  − N_pos−2
49Tot_negN_neg−3 + N_neg−2 + N_neg−1
50Avg_neg_inc(N_neg−3  − N_neg−1)/2
51Weekly_neg_incN_neg−1  − N_neg−2