Industry Analysis & Industry Trends
Rentals fall fast
The industry is swiftly declining, as technology replaces in-store rentals with online downloads and purchases. Competition from substitutes like 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. However, initial costs of opening a business in the industry are negligable due to low capital intensity.
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.
There is a need for industry players to be appropriately located, preferably at a highly populated site in a retail strip or mall with easy access and parking... purchase to read more