MarketLine Blog

Posts about Entertainment

No hope for HMV after second administration in six years: HMV will not be able to survive long-term due to recent difficulties

MarketLine

HMV entering administration was triggered by the current struggle of the retail industry, and now the company will find it difficult to recover in the current retail conditions. Uncertainty over Brexit has caused the value of the pound to drop, which has increased the cost of supplies from abroad. An increase in business costs and online shopping has also put HMV in jeopardy, making it harder for HMV to gain traction in the retail industry. HMV needs to find a buyer that has the resources and ability to turn around… Read more

Saudi Arabia – Wind of change in the desert kingdom will create new business opportunities

MarketLine

Saudi Arabia has for decades been one of the world’s most culturally austere and restrictive countries, not allowing gender mixing, concerts, and cinemas, amongst others. However, the government’s Vision 2030 reform program is set to return the country to a more moderate Islam, diversify the economy and reduce the country’s dependence on oil by growing sectors like entertainment, arts, tourism and culture. This liberalizing reform drive has already opened the door to concerts, comedy shows and women drivers over the past year. From June 2018 women will be allowed to… Read more

Netflix buys Millarworld as it looks to backwards integrate

MarketLine

Online television subscription service Netflix is now a firm fixture in millions of homes across the world. It has enjoyed great success in recent years, adding subscribers en route to becoming a $9bn business. One of the key drivers of this success has been the company’s Netflix Originals shows. These are created by the company itself and provide a USP as the content is exclusive to Netflix. The company is aware of how vital these shows are and continues to develop more. The acquisition of Scottish comic book firm Millarworld… Read more

Spotify: How the Swedish start-up revolutionized an ailing music industry

MarketLine

The power of the internet has grown rapidly since its introduction to the mainstream in the early 2000s and it has become the most powerful tool on the planet, both socially and economically. However the music industry has struggled in recent years, in freefall since the turn of the century and the birth of the mainstream internet. The shift from physical to digital music has been stifled by the rapid growth in internet piracy, with software such as LimeWire, Napster and later torrent clients making it incredibly simple to download… Read more

GAME Digital: How the cyclical console release pattern is stifling GAME’s growth

MarketLine

The video game industry across the West is incredibly cyclical, with regular console releases every seven to eight years providing very large revenues to major players and carrying them through the period in-between releases. However a shift in the console market, with console developers choosing to release completely new consoles at a slower rate and instead releasing interim consoles (such as Sony’s PlayStation 4 Pro), has hurt GAME Digital, a company only recent out of administration. It’s profit warning announced on June 30, the result of Nintendo’s decision to prioritize… Read more

Netflix competition: Not a chill environment

MarketLine

Growing from a DVD rental/ selling service in 1997, Netflix today has become one of the leading companies in the online streaming market. Netflix has benefitted greatly from the increased range and depth of broadband internet. The global reach of Netflix and its competitors serve to increase rivalry.  Gaming systems which now incorporate applications into their systems present new and growing opportunities and potential dangers for Netflix. The increased advertisements from gaming systems can help recruit more customers which is also an opportunity for competitors of Netflix. Netflix, as one… Read more

Piracy: The social acceptability of theft and its effect on the movie industry

MarketLine

Internet piracy has been around almost as long as the internet itself. Communities exist, consisting of millions of web users, which are dedicated to sourcing, converting and sharing valuable copyrighted material. Some – The Pirate Bay – were the inspiration for political parties. Others – Megaupload – were responsible for accelerating the fortunes of a small group into the billions of dollars. But all major sites have been in the spotlight for a decade, coming and going, constantly switching web hosts from Sweden to Somalia to Costa Rica, managing to… Read more

Nintendo Switch: The Wii U version 2.0

MarketLine

Historically, Nintendo has been the primary supplier of handheld consoles, a tradition it is hoping to carry forward with its new release, the Nintendo Switch, in March 2017. The ideology of Nintendo focuses primarily on its franchises, with Zelda and Mario being two of its best known titles. The Nintendo Switch is up against very fierce competition with mobile gaming, but with the nostalgia value for parents, the Switch is potentially going to profit from this factor and recuperate some of the losses from the Wii U. The advanced technology… Read more

Nude Makeup: Makeup is the new natural look

MarketLine

Historically, makeup was seen as a thing only used by grownups, however makeup being used by younger demographics is a growing trend. Trends now focus on teaching younger individuals how to use makeup with a recent quote suggesting that ‘nude makeup is the new natural’. Children are now being brought up to believe that makeup is natural and needed in order for them to look good. TV shows such as Toddlers and Tiaras further glamorize the use of makeup on children. Younger individuals using makeup has stimulated the appearance of… Read more

Verizon purchase of Yahoo: Data breach puts deal at risk, but purchase still likely

MarketLine

The theft of confidential information from Yahoo in 2013, although only recently announced, has heaped doubt over the proposed purchase of Yahoo by Verizon. Many predict the final bill will be substantial and worse could follow – the FBI are investigating and could yet cause more problems. A reduced share price caused Verizon to reappraise the sale. For both parties the realization that damage occurring from the data theft has yet to be fully felt is a serious problem, making revaluing Yahoo much harder. Regardless of which route Verizon chooses… Read more

Remastered games: the price of nostalgia

MarketLine

Historically hundreds of games have been produced with a range of missions or goals to be achieved. It is a shame when these games are forgotten or when a game disk breaks or is scratched and can no longer be played. This has led to games appearing on later consoles, being able to buy the original games for a discount price. The focus of this article is on the recent announcement of the remastering of the original Crash Bandicoot games for PS4, the continuation of games such as Spyro the… Read more

Samsung purchase of Harman signals the future

MarketLine

The takeover of Harman has placed Samsung among the leading players in the connected car industry; the Korean technology company has access to a raft of deals with major car manufacturers, expertise from a range of companies acquired by Harman and a huge $24bn order backlog. Infotainment, acoustics, display and other systems are all due to expand in value in the coming years, and Harman has systems already installed in over 30 million cars worldwide. Taking over the company presents Samsung with a highly valuable market position. CarPlay (the system… Read more

Football spending – Driven on by TV revenue and relegation fear

MarketLine

Headline grabbing transfer fees, staggering sums paid to agents, and a record-breaking total summer transfer spend by English Premier League clubs has prompted questions over how far football’s extravagance can go. In response, Mino Raiola, agent to Manchester United’s world record signing Paul Pogba, stated that he expects to see the first £200m ($305.6m) transfer fee paid within three to four years. With the new deal to broadcast Premier League games coming into play this summer, clubs have vast financial resources available to them, with an estimated £2.78bn ($4.2bn) flooding… Read more

British festivals face tough challenges, just ask ATP

MarketLine

All Tomorrow’s Parties (ATP), which spent 15 years attempting to set itself apart from the mainstream, commercial festivals, finally succumbed in June to the overwhelming debts which had been chasing the event for years. Liquidation and reincarnation in 2012 did nothing to rid it of its demons, and after cancelling the Drive Like Jehu curated event planned for Manchester in late April, founder Barry Hogan was forced to admit defeat. According to a new report published by couriers Parcelhero, ATP is not the first, and will not be the last… Read more

WWE Inc: the NXT big thing?

MarketLine

WWE is the largest wrestling promotion globally, and listed on the New York Stock Exchange. Its recent financial performance has seen revenue and net income grow, with growth across most segments. In physical figures however the company’s TV ratings and live event attendance is down, with its key demographic of older males alienated by the company’s ham-fisted approach to mainstream appeal. One way the company has won back some wayward fans is the NXT brand, available exclusively on the WWE network. The successor to the Florida Championship Wrestling developmental territory,… Read more