Industry Analysis & Industry Trends
In the past five years, advancements in
technology stimulated demand for movies, despite a dip in disposable
income in established industry markets during the recession. A rise in
cinema establishments throughout newly industrialized countries and
online streaming website development facilitated wider access to movies.
Higher quality exhibition options like high-definition TVs and digital
cinema and an expected rise in GDP growth for newly industrialized
nations are anticipated to support industry revenue through the rest of
the year, while high-definition home media products will spur industry
demand over the next five-year period... read more
Industry Analysis
During the past five years, advancements
in technology stimulated demand for movies, even as disposable income
dipped in established industry markets. As a result of these conflicting
trends, industry revenue is expected to grow just 0.2% annually on
average over the five years in 2013 to total $89.5 billion. Consumers
had tighter budgets due to lower disposable income since the Great
Recession in 2009; however, a rise in cinema establishments throughout
newly industrialized countries like Brazil, Russia, India and China
(BRIC) and online streaming website development facilitated consumer
access to motion pictures. Higher-quality exhibition options like
high-definition TVs and digital cinema also justified increased pricing
across many regions... read more
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