India has been the biggest movie producer worldwide for the last few years, releasing more than a thousand films each year. Value of the Film industry in India is INR 138.2 billion, which is remarkably huge.
Data Science is taking over almost every industry, why the Film industry has to stay back? Have you ever wondered why some movies give a big hit and some could not? No right? Here in this article, we have come up with the explanation of how Data Science is helping movies to get the success.
Once you start using the Data Science in this industry, you will be able to find out how the movies perform in the theatre based on the patterns emerged from the previous data. This data will also help directors to know which genre will work well in future.
Data Science will help you out with the various and exact variables of a movie that will let you know which movie your audiences will prefer over others. While analysing the data, you will recognise the components which are not required for developing the movie. Below are the four reasons why Indian films require Data Science.
1. Blocks Failure
Data Science is completely based on the facts and the numbers, that includes the data of the productions, actors, songs and almost every possible variables. The data is extracted through the actual information gathered from the people or social media, which is then calculated to find out if the movie will work or succeed and also this data helps to avoid undesired consequences with lessening the chance of failure.
2. Determination of Release Time and Day
Data Science results in determining the release time and the day by using machine learning, natural language processing or through social media in order to earn the maximum audiences. This data gives a way to the directors by providing the specific information required for the release of the movies of different genres on different days. For example, most of the animated movies get released during the time of children’s vacations and most of the movies of Salman Khan’s get releases on the day of Eid.
3. Your Movie can make more Money
This is not more than a fact that the Data Science can boost your movie to earn more money than any others. The analysis of data is conducted before the release of every movie, considering all the factors like production, songs, actors, directors, locations, story and what not. The Data Science also helps you to know which part of the city, state or country will help you to gain more audiences which will help you to make more money. For example, the movies of the actor Dharmendera used to run really well in Punjab or other northern parts of India.
4. Story Based on Interest of the Audiences
Data Science recognizes the top trends going all around the world through social media and other mediums to know what can get you the success. Nowadays maximum of the movie-makers in the industry started utilizing the data received through the analysis to generate a story or plot in which the audiences will genuinely show their deep interest.
Incorporating the Data Science will enhance the Indian Film industry. This will change the whole new face of the Film industry making this process more productive, valuable, effective with a large return on investment.