Prediction of Gross Movie Revenue in the Turkish Box Office Using Machine Learning Techniques

Anil Gürbüz*, Ezgi Biçer, Tolga Kaya

*Corresponding author for this work

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

The gross revenue of a movie in the box office has been a concern of the movie industry. In the last few years, there have been studies on predicting various movie attributes. The field lacks a gross movie revenue prediction model that specifically concerns the gross movie revenues in the Turkish box office. The aim of this study is to build a model to predict the gross movie revenue in the Turkish box office using machine learning techniques. This study is conducted on 150 movies that were in the Turkish box office in 2018. The techniques involved multiple regression analysis including the ridge regression and the lasso, tree-based methods including random forest and boosting, SVM and KNN regression. All models were built using the R programming language. Methods were compared using their MSE values. The lowest MSE was obtained with the Random Forest model.

Original languageEnglish
Title of host publicationIntelligent and Fuzzy Systems - Digital Acceleration and The New Normal - Proceedings of the INFUS 2022 Conference, Volume 2
EditorsCengiz Kahraman, Sezi Cevik Onar, Basar Oztaysi, Irem Ucal Sari, A. Cagri Tolga, Selcuk Cebi
PublisherSpringer Science and Business Media Deutschland GmbH
Pages86-92
Number of pages7
ISBN (Print)9783031091759
DOIs
Publication statusPublished - 2022
EventInternational Conference on Intelligent and Fuzzy Systems, INFUS 2022 - Izmir, Turkey
Duration: 19 Jul 202221 Jul 2022

Publication series

NameLecture Notes in Networks and Systems
Volume505 LNNS
ISSN (Print)2367-3370
ISSN (Electronic)2367-3389

Conference

ConferenceInternational Conference on Intelligent and Fuzzy Systems, INFUS 2022
Country/TerritoryTurkey
CityIzmir
Period19/07/2221/07/22

Bibliographical note

Publisher Copyright:
© 2022, The Author(s), under exclusive license to Springer Nature Switzerland AG.

Keywords

  • Box office
  • Machine learning
  • Movies
  • Random Forest model
  • Revenue prediction
  • Supervised learning

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