Assignment Problem: This are some of the readings that I read to come up with these questions.
Maney, K. (2004, June 16). Netflix plans blockbuster future of serving movie watchers. USA Today.
McIntyre, D. (2011, January 14). Netflix crushes Redbox. 24/7 Wall St.
Poggi, J. (2010, September 23). Blockbuster's rise and fall: The long, rewinding road. The Street.
Statista (2018, January 30). SVOD services: Each to their own.
Statista (2020, January). Consumer spendings on digital entertainment by type.
Statista (2022, May) Number of SVoD Watched per viewer
Statista (2021, November) Demand for SVoD services in the US by provider
Detail the evolution of this industry over the past 40 years through the various industrial structures (pure competition, monopolistic competition, oligopoly, monopoly) that it has experienced. Hint: A timeline with brief statements will save space and time. What are some of the most significant changes in the demand for and in the supply (think cost) of this product that motivated some of the most significant changes in the industry's structure? Provide examples from specific points in time. What is the structure of the industry now, and what does that suggest for pricing and margins going forward? What factor or feature do you think will determine which of the firms now in the industry will grow and be most successful over the next 5 years? What factor or feature of YOUR industry do you think will determine whether your firm grows and succeeds over the next 5 years?