Movie & Video Production in the US
The Movie and Video Production industry has grown moderately over the five years to 2018, benefiting from steady demand for entertainment but challenged by disruption to its traditional distribution channels. Box office sales have grown sluggishly, mainly as a result of higher ticket prices rather than increased attendance. Consequently, the industry's business model has shifted as studios prioritize blockbusters and increasingly rely on foreign distribution. Meanwhile, competition has intensified among the major studios that control the bulk of the industry, leading to a spate of high-profile acquisitions and bidding wars for creative properties. Over the five years to 2023, the industry is expected to sustain modest growth. A sluggish box office and continued decline in physical copy sales will continue to challenge the industry. Meanwhile, new digital players that have already inched into film production will pose a threat to major studios unlike any other they have experienced since the premiere of the talkie. Nonetheless, the industry will sustain overall demand during the outlook period, and strong growth in foreign distribution is expected to help propel revenue.
Operators in this industry produce and distribute motion pictures and videos. This industry excludes third-party distributors and disc manufacturers and products produced for TV, such as TV shows and made-for-TV movies.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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