What forces have challenged the movie industry?
According to Porter’s Five Forces
Supplier Power
Buyer Power
Competitive Rivalry
Threat of Substitution
Threat of New Entry
The movie industry has also been challenged by some of these forces.
1. Threat of new entry, the internet is the biggest force, with the increased levels of high-speed Internet access, improved PCs with DVD readers and writers, easy-to-carry video devices, and leading-edge file-sharing services. People can download movies from the internet.
2. Threat of substitution, because of the online movie distribution, people are more likely to download a free movie or even it is illegal rather than buy tickets or buy a DVD home.
3. Buyer power, with the development of the internet, the DVD sales has decreased in recent years, customers believe that they can get more profit from online movie distribution.
What problems have these forces creWhat forces have challenged the movie industry?
According to Porter’s Five Forces
Supplier Power
Buyer Power
Competitive Rivalry
Threat of Substitution
Threat of New Entry
The movie industry has also been challenged by some of these forces.
1. Threat of new entry, the internet is the biggest force, with the increased levels of high-speed Internet access, improved PCs with DVD readers and writers, easy-to-carry video devices, and leading-edge file-sharing services. People can download movies from the internet.
2. Threat of substitution, because of the online movie distribution, people are more likely to download a free movie or even it is illegal rather than buy tickets or buy a DVD home.
3. Buyer power, with the development of the internet, the DVD sales has decreased in recent years, customers believe that they can get more profit from online movie distribution.
What problems have these forces created?
These forces have brought many problems one of the most serious is copyright infringement. Most of these download sources are...