Industry Analysis & Industry Trends
Over the past decade, the rise of the digital age has changed the way that visual entertainment and films are delivered to households, with a variety of new media and formats changing the industry's operating landscape. Industry performance is linked to box office takings at cinemas, and film distribution to free-to-air TV, pay TV and other networks. Combined sales and rentals of DVDs and Blu-ray Discs have decreased over the past five years, while film piracy and web downloads have increased steadily, to the industry's detriment.
Film and video distributors need to have solid agreements with local and international film libraries and producers to guarantee a steady flow of video products for clients. Keeping up with technological advancement is also important... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The industry is in the decline phase of its life cycle with large and steady revenue declines in the past five years. Further, industry value added, which measures the industry's contribution to national GDP, is estimated to decline at an annualised 3.8% in the decade through 2019-20. This is in contrast to estimated GDP growth over the same years at an annualised 2.7%. Industry declines have mainly been due to weaker DVD and Blu-ray Disc rentals, sales and prices, while legal and illegal download volumes increased strongly. However, industry declines have been slowed due to the new digital channels and increased demand for content... purchase to read more