“…Correspondingly, marketing and economic scholars have started paying increasing attention to the many facets of these industries-Broadway shows and theaters (Caves, 2000;Holak, Havlena, & Kennedy, 1986;Reddy, Swaminathan, & Motley, 1998;Vogel, 2001), recorded music (Caves, 2000;Moe & Fader, 2001;Vogel, 2001), book publishing (Caves, 2000;Greco, 1997;Vogel, 2001), and movies (Elberse & Eliashberg, 2003;Eliashberg & Shugan, 1997;Garlin & McGuiggan, 2002;Krider & Weinberg, 1998;Lehmann & Weinberg, 2000;Vogel, 2001). Each year, approximately half a trillion dollars is spent globally on various forms of entertainment, and more than $200 billion of that total is spent in the United States (Vogel, 2001).…”