E-movie industry and its roles on traditional movie entertainment modes Online publication date: Thu, 13-Mar-2008
by Alan D. Smith
International Journal of Business Innovation and Research (IJBIR), Vol. 2, No. 3, 2008
Abstract: With home movie entertainment sales increasing, mobile electronic devices such as portable DVD players, IPods, smart video phones and inexpensive downloadable web-based options are becoming more popular; customers now have more options than the traditional modes of movie entertainment. Companies like Netflix are offering a large selection of movies at a low price, and the ability to strip DVDs to blank CDs or blank DVDs, the e-movie industry has increased competition forcing movie theatres to lower ticket prices, file for bankruptcy and/or merge with other movie theatres to remain competitive. There is an increasing correlation between these electronic initiatives in the various types of movie media and technology used and the decrease in the traditional movie theatre industry. Furthermore, in general, people increasingly prefer the convenience of watching movies in the comfort of their own homes with state of the art technology (surround sound systems, HDTV, Plasma TV, TiVo, DVD Recorders/Burners, to name a few). There have been many threats to the movie theatre industry, but with technology becoming cheaper and easier to use, it may spell the end of traditional movie going as a preferred entrainment vehicle.
Online publication date: Thu, 13-Mar-2008
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