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 Key Buyers Chapter
The DVD, Game and Video Rental industry has a low level of market share concentration, with no company accounting for more than 1.0% of industry revenue in 2014. Market share concentration has fallen considerably over the five years to 2014 due to the bankruptcy of prior major players, Blockbuster and Movie Gallery Inc.
Blockbuster Inc. was undoubtedly the dominant player in 2009, accounting for 32.3% of industry revenue. Its rapid demise, however, is due in part to the strong consumer shift toward streaming web content and Redbox kiosk locations. Blockbuster filed for Chapter 11 bankruptcy in September 2010, and was acquired by Dish Network in April 2011. All company-owned stores officially closed in January 2014, with less than 50 franchise-owned outlets remaining in 2014... purchase to read more