Summary of Major Risks and Factors that Blockbuster has Faced and Will Face in the Future

513 Words2 Pages
bulb-icon

Recommended: The change that blockbuster experienced

Summary of Major Risks and Factors that Blockbuster has Faced and Will Face in the Future

The purpose of this case study analysis is to summarize major risks

and factors that Blockbuster has faced and will face in the future,

and to recommend how Blockbuster should prepare and set their business

strategies to gain competitive advantage and market share in their

industry. In the early days of the establishment of Blockbuster, the

CEO of their company set up a good image of family oriented video

superstore with no “X” rated films to gain good reputation. Over

time, Blockbuster started to gain a reputation of outstanding customer

service and selection. Eventually, video rental companies failed to

compete against this category killer. One important reason Blockbuster

is successful is its name recognition. Blockbuster’s store design is

very recognizable, similar to McDonald’s golden arches. In 1999 the

Gallup poll declared that Blockbuster has 100 percent name

recognition.

Blockbuster became the leader in its industry by a ...

Show More
Related

  • How The Hollywood Blacklist And Paramount Decisions Affect The Movie-Making Process?

    608 Words  | 2 Pages

    The Hollywood blacklist and the subsequent Paramount decision altered the direction of U.S. moviemaking in a big way. While both events are important in filmmaking history, the opinions on the legality, necessity, and effects of these events vary widely depending on who you ask. While the filmmaking industry management opposed the blacklist and the Paramount decision, some management executives may have taken advantage of the blacklist by negotiating stricter contracts based upon extortion, in that to be blacklisted, one only needed to be rumored to be associated with communist ties (Lewis, 2008). The employees, such as actors, directors, and writers of the large studios were also opposed to the Paramount decision and the blacklist, but the ability actors, directors, and writers to fight for and gain large contracts has improved since the Paramount decision, as it cast the studios as advantageous, money hungry totalitarian fraternities. I would argue that the Paramount decision and the

    Read More

  • FIL110 WA7

    641 Words  | 2 Pages

    Movies today are extremely expensive to make and are typically financed through either film studio contracts or from investors willing to take a risk. In order to be successful, movies need to be marketed and distributed either under contract by the film studios or by companies that specialize in such services. The aspects of financing, marketing and distribution of films have changed between the studio and independent systems over the years as the evolution of the film industry took place.

    Read More

  • Bed Bath and Beyond's Business Risk

    838 Words  | 2 Pages

    Bed Bath & Beyond Inc. is a nationwide chain of 575 retail stores selling domestics merchandise (bed linens, bath items, and kitchen textiles) and home furnishings (kitchen and tabletop items, small appliances, and basic house wares). In 2003 Bed Bath and Beyond reported annual revenues (gross profit) of approximately $1.8 billion, net income of $339 million and net sales of $4.5 billion, representing 22% growth in revenue and 32% growth in income as compared to the previous year. In addition to the 575 Bed Bath and Beyond stores, BBBY also owns 30 Harmon Stores, a discount health, and beauty aid retailer, and 24 Christmas Tree Shops, a retailer of home décor, giftware, and seasonal merchandise. Results of operations for both the Harmon Stores and the Christmas Tree Shops are included in the companies consolidated results of operations and have been since the date of acquisition.

    Read More

  • Analysis of Blockbuster Video

    991 Words  | 2 Pages

    According to Jim Collins, the undisciplined pursuit of more is reckless behavior, which sets the company at great risk even though their stock continues to climb. In my opinion, this was evident with Blockbuster as they decided to expand into everything entertainment and away from their ...

    Read More

  • Describing ICT Systems of Blockbuster Video

    1141 Words  | 3 Pages

    of this system is that it can print out letters for fines and also it

    Read More

  • Cineworld Case Summary

    361 Words  | 1 Pages

    In order for Cineworld to expand their brand and greater health in the industry by indulging in different markets I believe certain recommendation should be implemented. Cineworld can expand their market share against indirect competition from the likes of Netflix by introducing an online movie streaming service. Not only would this recommendation help Cineworld reach a wider, more global audience but it will also help tackle issues they face in terms of managing demand and capacity. Cineworld could provide a site where customers can pay for the 24 hour rental of a film that has just been released in cinemas and allow consumers to watch them in the comfort of their own homes. This would reduce the risk of overcrowding during movie release days

    Read More

  • Analysis of Mattel’s Toy Recalls and Risk Assessment

    3054 Words  | 7 Pages

    Risk can be defined as “potential disturbances with their negative consequences”. Sharma & Bhat (2011). The objective of this assignment is to examine Mattel’s Toy recalls. In doing so a risk assessment of Mattel’s supply chain practises before the recall will be formed, the actions taken by all parties involved in the production of those toys that were recalled will be examined, the recalls impact on Mattel will be examined, the transparency and accountability of global supply chains will be identified, and Mattel’s current supply chain will be assessed to identify whether they now effectively managing risk.

    Read More

  • PEST Analysis of Sony

    968 Words  | 2 Pages

    be affected by the increased use of new technology such as televisions. now being attached to DVD?s and VCR?S, downloading, buying illegal. products. The.. Processes? the need to cut costs, speed up production and compete.

    Read More

  • Redbox SWOT Analyisis

    943 Words  | 2 Pages

    Gamble, J., & Thompson A. A. (2013). Redbox's Strategy in the Movie Rental Industry. In Essentials of strategic management: The quest for competitive advantage (pp. 295-303). New York, NY: McGraw-Hill/Irwin.

    Read More

  • Porter's Five Forces Analysis For The Movie Industry

    561 Words  | 2 Pages

    Socially educated parents are more likely to make decisions based on updated information, whereas parents, who lack higher education or have less education, make decisions without getting the background information. Demand for movies could be dependent on this factor. Also, people who have a more prestigious job reputation or social reputation can influence demand. These people carry this prestige because of the ways that society views their characteristics either as a group or as an individual. People that own homes may be more likely to attend movies rather than renters. In Canada, the population is aging. The age for the average movie-goer is increasing.

    Read More

  • The Blockbusters Of Bollywood In The Hindi Film Industry

    2002 Words  | 5 Pages

    The money is more than the expected price. And thus, the movie becomes the blockbuster. It is believed that any movie can be the blockbuster, but this is not true. Only those movies can be and they have been the blockbusters, which are really very good. Those movies which have the best story, plot and screenplay are the blockbuster movies. Now you must be thinking that which are the blockbuster movies of Bollywood? Here is the list of the blockbuster movies that are worth watching:

    Read More

  • The History of Netflix

    2022 Words  | 5 Pages

    Although Hastings vowed to be divergent from other video retailers, his goal was to use an identical pricing strategy; however, one that would “appeal to customers [. . .] who used online shopping as an alternative to traveling to retail outlets” due to ease of access and more preferences (Shih, Kaufman, & Spinola, 2009, p. 3). Furthermore, Netflix launched its business at a time DVDs had barely hit the marketplace as the firm anticipated the new technology to be a promising venture. Nonetheless, within a year DVD players became so vast...

    Read More

  • Netflix Challenges

    1005 Words  | 3 Pages

    Briefly describe each of the four major challenges that Netflix faces. Which challenge will be the easiest to address? Why?

    Read More

  • Public Spaces In The Formation Of Public Culture

    2285 Words  | 5 Pages

    Finally I believe that since the arrival of multiplexes, the cinematic experience has changed dramatically for the small independent cinemas because of the interest that it drew away from them, because of this the independent cinemas had to dramatically change their image to attract the cliental back through their doors. This change in cinematic experiences is mainly down to the radical change in convergence and consumer culture, I believe that in the many years to come this culture will change again and the multiplex cinema will start to come out-dated because of technology and people will start to look for a more special and individual experience when looking to go to the cinema.

    Read More

  • Computer Company Business Plan

    1537 Words  | 4 Pages

    The company recognizes that it is subject to both market and industry risks. We believe our risks are as follows, and we are addressing each as indicated.

    Read More

More about Summary of Major Risks and Factors that Blockbuster has Faced and Will Face in the Future

Open Document