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 - Starting a New Business Chapter
Factors that may prevent or limit a new operator from entering this industry include establishing supply agreements and rising competition from other forms of digital media. With a high level of capital intensity, barriers to entry are significant and increasing as the rental market is rapidly shrinking.
Supply agreements for newly released films between established industry players and movie distributors can prevent new companies from offering new releases for rental. Some movies may be tied for release to certain video chains only, which will make growth conditions difficult for new industry players. Moreover, many streaming sites now contract with movie companies to provide films prior to their DVD release.
Industry player success is highly dependent on location... purchase to read more