A study by the University of California, Berkeley found that spoilers can reduce movie attendance by up to 10%. The study analyzed data from over 2,000 movies and found that movies with high levels of spoilers had lower attendance than movies with low levels of spoilers. The study also found that the effect of spoilers was more pronounced for movies that were not well-received by critics.
Another study by the University of Southern California found that spoilers did not have a significant effect on box office revenue. The study analyzed data from over 1,000 movies and found that there was no correlation between the level of spoilers and box office revenue.
The impact of spoilers on movie box-office revenue likely depends on a number of factors, including the genre of the movie, the level of anticipation for the movie, and the demographics of the audience.
For example, spoilers may have a more negative impact on box office revenue for movies that are highly anticipated or that have a large fan base. Additionally, spoilers may have a more negative impact on box office revenue for younger audiences, who are more likely to be influenced by social media and online discussion.
Overall, the evidence on the impact of spoilers on movie box-office revenue is mixed. Some studies have found that spoilers can have a negative impact on box office revenue, while others have found no significant effect.