Industry Analysis & Industry Trends
The industry is swiftly declining as technology replaces in-store rentals with online downloads and purchases. Competition from substitutes, such as cable TV and internet rentals, will continue to adversely affect industry operators, as they struggle to remain relevant in a changing market. However, as some companies diversify and begin to offer different services, industry operators may have an opportunity to grow... purchase to read more
Industry Report - Industry Locations Chapter
Industry employment and establishment numbers are spread in line with the US population across the country. TV ownership is too broad of a category to base the geographic spread of this industry, as more than 98.8% of US households own at least one TV according to a 2013 study by Nielsen (latest data available), a leading consumer research company.
As a result, the industry is distributed along the same lines as the general population, with the most operations in the Southeast, West and Great Lakes regions. In particular, the West has a higher proportion of employees per establishment because many companies have headquarters near Los Angeles production studios to ease interindustry negotiations... purchase to read more