Regarding Netflix and Redbox on video rentals; Read up on movie distribution deals here:
https://entertainment.howstuffworks.com/movie-distribution.htm
Think about the following:
- The DVD market, both in rentals and in purchases after the screening, has absolutely COLLAPSED with the advent of digital streaming. This used to be a reliable revenue stream for studios – and now it’s all but disappeared. How might we expect this to change the movies that get made and the experience (including prices…) at the theater?
- Imagine you own a small chain of movie theaters. How do you plan to react to the changing marketplace? What are you going to do in order to keep customers coming back, with the wealth of entertainment options available to them and the changing studio landscape? What are you going to do with
prices, offerings, etc? - What do you think the future of studio releases and movie exhibition will look like? What trends do we see today that might change the landscape in the next 5-10 years? How will studios, theaters, and consumer
react to those changes?
Additionally, please turn in this week’s assignment as a POWERPOINT PRESENTATION. I know,
PowerPoint sucks. But it’s what we’re going to be expected to use, so let’s get some practice with it!