Exam 2: A Business Overview of Film

How is movie consumption cyclical?

What are 2 of key characteristics of the movie industry?

Indie filmmakers could benefit from new media players as they spend capital on movie content.

Netflix is a streaming service is no threat to the studios.

Production consists of the actual shooting of a film.

What is the structure of the film industry now, monopoly or oligopoly?

Which description does NOT describe the studios:

Disrupters to the film industry consist of:

Studios with their resources, experience and expertise, do not dominate film distribution.

What are the principal functional sectors of the industry?

Exhibition takes place at a retail level where viewers pay to see a movie.

Netflix and Amazon do not exert pressure on the industry; in fact, these companies are making things much easier for the studios.

Telco companies AT&T, Verizon and cable giant Comcast are not interested in getting into movies and pose no potential competition to the studios.

What is the value of the intellectual property of film?

Television hurt the movie industry, creating significant competition to movies.

Why does film take a long time to make and sell?

Describe why studios may be threatened by the new media players creating movie content.

What is price elasticity?

How are movie tickets price elastic?

Netflix and Amazon are spending aggressively on production, disrupting the studios.