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Final Review
Final Review
• In the dynamic and highly competitive film industry, accurate box office
revenue predictions play a pivotal role in strategic decision-making for
filmmakers, distributors, and investors.
• Let's delve into the methodology and key components of this predictive
model.
LITERATURE SURVEY
S.NO YEAR TITLE AUTHOR MERITS DEMERITS
● This data set contains many movie gross records. The data set records were
collected all over the world.
● The study found that Linear Regression had the highest accuracy and can be
used to recommend the best prediction technique. The project used Google
Colab and evaluated essential attributes for movie gross prediction.
● The final results can be displayed using a Flask app with an HTML user
interface for movie box office gross prediction.
ARCHITECTURE DIAGRAM
HARDWARE REQUIREMENTS
• Windows 8.1 or 10
3. Model Building
1.Data Extraction
● Efficiency in workflow: One of the first desires that probably comes to mind is
efficiency. When building your website, you want to be able to reach as many people as
you can. The system predicts an approximate success rate of a film based on its
profitability by analyzing data.
● Reduce costs: You don't need a large time to wait for the results with in a second the
amount will be predicted.
● Using machine learning algorithms to predict film box office gross in data sets. Various
kinds of data sets, have to use this to train classifier algorithms to predict film gross with
good accuracy.
Disadvantages:
● Any single error in data set can change the entire data.
● Correct accuracy must be needed while doing the project using supervised machine
learning algorithms.
● Python code should be correct without any error.
CONCLUSION
• The proposed system addresses the limitations of the existing system by providing
accurate predictions of Film Financial Forecasting using various supervised learning
algorithms. By comparing the performance of different classification algorithms, the
system identifies the best-performing technique, ensuring the use of the most
effective method for prediction. The utilization of Linear Regression, which has been
identified as the algorithm with the highest accuracy, provides a reliable method for
predicting film box office gross. The user-friendly interface created using Flask
enhances usability and accessibility, allowing users to input data and view the
predicted box office gross values easily
FUTURE ENHANCEMENT
The proposed system can be further improved by incorporating additional features, such as
social media sentiment analysis, to provide a more comprehensive prediction of film success.
The system can also be expanded to include real-time predictions, allowing users to access up-
to-date predictions as soon as they become available. Additionally, the system can be integrated
with existing film streaming platforms, such as Netflix or Amazon Prime, to provide
personalized recommendations based on predicted box office gross.
Furthermore, the system can be scaled up to analyze larger datasets, allowing for more accurate
predictions and improved performance.
Overall, the proposed system provides a reliable and accurate method for predicting film box
office gross, and has the potential for further development and expansion in the future.
REFERENCES
[1] Simonoff, J. S. and Sparrow, I. R. Predicting movie grosses: Winners and losers, blockbusters and
sleepers. In Chance, 2000.
[2] Joshi, M., Das, D., Gimpel, K., and Smith, N. A. Movie Reviews and Revenues: An Experiment in Text
Regression. In Proceedings of the North American Chapter of the Association for Computational
Linguistics Human Language Technologies Conference, 2010.
[3] Sharda, R. and Delen, D. Predicting box-office success of motion pictures with neural networks. In
Expert Systems with Applications, 2006.
[5] S. Gopinath, P. K. Chintagunta, and S. Venkataraman, “Blogs, Advertising, and Local-Market Movie
Box Office Performance,” Management Science, vol. 59, no. 12, pp. 2635–2654, 2013.