Leaders in the promotion of inclusion and equity, global entertainment
and sports agency Creative Artists Agency (CAA) and tech-forward
innovation company shift7, today announced the findings of research
examining the correlation between female-led films and box office
success, as well as the box office implications of films that pass the
Bechdel Test, a measure of the representation of women in film,
television and other works of fiction.
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The data analysis looked at the top-grossing U.S. films released between
January 2014 to December 2017, and found that female-led films
outperformed male-led films at all budget levels.
CAA and shift7 came together through TIME’S UP, where they collaborate
in a storytellers’ content-focused working group that works to improve
the portrayal of all women in media and entertainment. The group is led
by Head of Pascal Pictures and former Chairman of Sony Pictures Amy
Pascal, shift7 CEO and 3rd U.S. Chief Technology Officer
Megan Smith, and Producer and Founder of 3dot Productions Liza Chasin.
The group also includes CAA Agent Alexandra Trustman, actor/advocate
Geena Davis, and other prominent women in entertainment. Together, they
built upon CAA’s existing database resource and index issued in 2017
that explored the correlation between diverse casting, diverse
audiences, and box office success.
The resulting analysis uses box office performance and production budget
data for top-grossing films from Gracenote, a Nielsen company. The team
examined 350 top grossing films released between 2014 – 2017, for which
budget data had been reported in Studio System by Gracenote, the
entertainment industry's most trusted information source. Films were
categorized into five budget levels: under $10 million, $10 million -
$30 million, $30 million - $50 million, $50 million - $100 million, and
over $100 million. Within that grouping of 350, they further identified
the films that had women listed as the lead actor (e.g., listed first in
billing blocks, press notes, or distributor-issued final credits) and
found that in every budget level category, films with female leads
performed better in worldwide box office averages.
“This is powerful proof that audiences want to see everyone represented
on screen,” said Pascal. “Decision-makers in Hollywood need to pay
attention to this.”
Popularized through a comic strip by Alison Bechdel, the Bechdel Test
(bechdeltest.com) is a simple test for the following three criteria: (1)
the film has to have at least two women in it; (2) the two women speak
to one another in the film; and (3) they speak about something other
than a man. When compared by total box office results, the analysis
found that films that passed the Bechdel Test outperformed films that
failed. Further, the research showed that every film that surpassed $1
billion in global box office also passed the Bechdel Test.
“The Bechdel Test is a low bar to clear, and it’s surprising how many
movies don’t clear it,” said Chasin. “Understandably, the studios think
about the bottom line, so it’s great to see a growing body of data that
should make it easier for executives to make more inclusive decisions.”
Smith notes that the issue of inclusion on screen has broader
implications for the economy, and that by 2020, America is projected to
have two million unfilled jobs in science, technology, engineering, and
math. “What we see on screen affects how we see ourselves and each
other, and can increase or decrease confidence,” said Smith. “When
people who have been traditionally under-represented are stereotyped, or
left out of the story entirely, we diminish confidence and deprive
people of role models and directly hold back the country’s economic and
social potential.”
Academy Award-winning actor and advocate Geena Davis applauds CAA and
shift7’s efforts to further the conversation about gender balance in
media. “I started commissioning data back in 2004, realizing there is so
much unconscious bias in this space. The truth is that seeing women and
girls on screen is not only good for everyone – especially our children
– it’s also good entertainment and good business,” said Davis, who
founded and chairs the research organization The Geena Davis Institute
on Gender in Media.
“This analysis affirms data showing that diversity has a positive impact
on a company’s bottom line,” said TIME’S UP President and CEO Lisa
Borders. “As studios consider their fiduciary responsibilities to their
investors, these findings offer a clear approach to delivering the best
results.”
CAA’s Christy Haubegger notes, “Women comprise half the box office, yet
there has been an assumption in the industry that female-led films led
were generally less successful. We found that the data does not support
that assumption."
CAA and shift7’s comprehensive data analysis can be found at https://shift7.com/media-research.
ABOUT SHIFT7
shift7 works collaboratively on systemic problems, scouting and scaling
promising solutions and solution-makers, and catalyzing innovation
ecosystems. shift7 adds proven tech-forward, open, sharable practices to
drive equitable economic, social and environmental progress.
ABOUT CREATIVE ARTISTS AGENCY (CAA)
Leading entertainment and sports agency Creative Artists Agency (CAA)
represents many of the most successful and innovative professionals
working in film, television, music, video games, theatre, and digital
content, and provides a range of strategic marketing and consulting
services to corporate clients. CAA is also a leader in sports,
representing more than 1,700 of the world’s top athletes in football,
baseball, basketball, hockey, soccer, tennis, and golf, and works in the
areas of broadcast rights, corporate marketing initiatives, licensing,
and sports properties for sales and sponsorship opportunities.
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