$1.7bn
$XX.Xm
1,321
446
$XXX.Xm
Movie and video distributors in Canada circulate video content to downstream exhibitors, including movie theatres, TV networks and retailers of physical media. COVID-19 caused the Canadian economy to shut down, reducing advertising expenditure and demand from movie theatres. Since movie and video distributors rely on spending from movie theatres and advertising, the pandemic caused revenue to plunge. Government subsidies ran out during the pandemic recovery, so per capita disposable income declined. Leisure time also increased as more people went back to work. Falling incomes and recreation times caused revenue to continue to fall despite the strong economy. The industry's performance has recently picked up because of soaring demand from movie theatres. They were closed during COVID-19, so consumers were itching to return to cinemas. Overall, Revenue for movie and video distributors in Canada is expected to plunge at a CAGR of 8.0% during the current period, reaching $1.7 billion in 2023. Revenue is anticipated to increase 1.9% in that year.The industry will continue to face challenges during the outlook period. Higher productivity will encourage households to adopt digital media such as video-on-demand (VOD) and streaming services. These services replace and circumvent the need for traditional movie and video distributors, so they'll foster a long-term decline for the industry. As cable becomes more expensive and inefficient, Canadians will continue to cut the cord. Since distributors get lots of revenue from TV networks, falling cable usage will hurt the industry. Higher GDP will boost advertising expenditure, per capita disposable income and demand for movie theatres, aiding revenue growth and lessening some of the industry's decline. Overall, Revenue for movie and video distributors in Canada is forecast to creep downward at a CAGR of 0.7% during the outlook period, reaching $1.6 billion in 2028. Profit is projected to comprise 3.9% of revenue in that year.
Industry revenue has declined at a CAGR of 8.0 % over the past five years, to reach an estimated $1.7bn in 2023.
Market size is projected to decline over the next five years.
Company | Market Share (%)
2023 | Revenue ($m)
2023 | Profit ($m)
2023 | Profit Margin (%)
2023 |
---|---|---|---|---|
Entertainment One Ltd. | 74.8 | N/A | N/A | |
Mongrel Media | 6.6 | N/A | N/A |
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Industry revenue is measured across several distinct product and services lines, including Feature films, TV programming and Other audiovisual works. Feature films is the largest segment of the Movie & Video Distribution in Canada.
Distributors primarily sell TV content
This industry primarily circulates audiovisual works to cinemas, TV networks, other exhibitors and stores. The industry excludes movie and TV distributors involved in audiovisual content production and retailers, rental stores and merchant wholesalers that distribute prerecorded physical media and music distributors.
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NAICS 512120 - Movie & Video Distribution in Canada
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Revenue has plunged for movie and video distributors in Canada. COVID-19 and falling per capita disposable income severely constrained the industry’s performance.
Learn about an industry's products and services, markets and trends in international trade.
High competition with streaming services has reduced TV distributors' revenue share. Feature films' revenue share has grown during the current period as more Canadians flocke...
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Ontario's high population makes demand for movie and video distribution high. The province also benefits from being near the US border, as demand from markets in the United S...
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Internal competition is based on securing contracts with movie and video producers. This competition is mostly based on price and reputation.
Learn about the performance of the top companies in the industry.
The industry’s major players comprise a tiny proportion of revenue. Market share concentration is low because of localization, although high barriers to entry reduce fragment...
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Movie and video distributors are subject to a handful of regulations in Canada. These primarily relate to foreign companies and laws in Quebec.
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Profit has ebbed and flowed with economic conditions. Profit plunged during COVID-19 but rose amid the recovery.
Including values and annual change:
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Key data sources in Canada include:
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
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The market size of the Movie & Video Distribution industry in Canada is $1.7bn in 2024.
There are 446 businesses in the Movie & Video Distribution industry in Canada, which has declined at a CAGR of 2.4 % between 2018 and 2023.
The market size of the Movie & Video Distribution industry in Canada has been declining at a CAGR of 8.0 % between 2018 and 2023.
Over the next five years, the Movie & Video Distribution industry in Canada is expected to decline.
The biggest companies operating in the Movie & Video Distribution market in Canada are Entertainment One Ltd. and Mongrel Media
Wholesaling pre-recorded videos and Distributing to TV stations are part of the Movie & Video Distribution industry.
The company holding the most market share in Canada is Entertainment One Ltd..
The level of competition is high and increasing in the Movie & Video Distribution industry in Canada.