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Posts tagged to Movies

Netflix: Self-created growth shows no signs of stopping

MarketLine

In October 2018 Netflix Inc. announced its 2018 Q3 results, showing a continuation of its subscriber volume growth with 5% growth on the previous quarter and 25% growth year-on-year. The company has performed well historically too, with a 500% increase in subscriber volumes expected between 2011 and 2018. Netflix has performed so well for three main reasons. Firstly, the company was one of the first to make a serious commitment to online media streaming. The company has since established itself as the name in on-demand streaming and has no real… Read more

IMAX Corporation Reducing 3D Movie Showings: 3D set to become a niche rather than the norm

MarketLine

The release of Avatar in December 2009 paved the way for an explosion of 3D movies. There was much hype surrounding the release of this movie, with director James Cameron being famous for pushing boundaries in film making technology leading to the 3D version being hotly anticipated. In its opening weekend, 70% of Avatar’s gross came from 3D viewing, leading to numerous successful 3D releases in 2010 including Toy Story 3 and Alice in Wonderland. Despite a rise in the release of 3D movies following Avatar, demand quickly began to… 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

Despite the doom mongers, the media industry finds itself in generally rude health

MarketLine

Across the 2009-2013 period, the global media industry has continued to find room to grow despite the ever looming spectre of the financial crisis. The advertising sector has been particularly susceptible to austerity as companies have continued to cast a critical eye across their costs, looking to wield the dreaded “cutback” scissors, asking themselves “do we really need to spend X amount on advertising when we can do a lot of it in-house?” Cue that competitive threat to seemingly every industry on the planet, Google and its AdWords service, not… Read more

Chinese Movies & Entertainment Market, one of the fastest growing in the world

MarketLine

Reflecting the economic downturn, the movies & entertainment market has performed poorly in recent years. Historically, this market has thought to have been recession-proof: in 1929, after the stock market crash, box office revenues rose by 58.2% compared to the previous year. However, the rise in cinema ticket prices may be accountable for this. Average US ticket prices have been rising since 1992, often at a greater rate than inflation. Production and marketing costs have been pushed up by Hollywood studios’ shift to blockbuster films. The global movies & entertainment… Read more