What Are The Components Of A Movie Theater

Improved Essays
Not Sold Out

There are many factors surrounding the movie theater industry that one can use to understand the management environment. There are many internal and external components to consider when running a movie theater. This chapter discusses what components affect manager’s decisions and the view from the stakeholders in the business. One could make an argument for most of the components of the external environment being the most important component for the manager of a movie theater to focus on, but in my opinion the most important thing the manager should focus on is the sociocultural component. This is the component concerned with societal and cultural factors such as values, attitudes, trends, traditions, lifestyles, beliefs, tastes, and patterns of behavior. This should be important to the manager because in order to get people to fork over the money to see a movie in the theaters, they need to make it a “cool” thing to do. The focus should be on making the movie experience in the theater stand out from other theaters. Utilizing social media, offering a more luxury experience, better food, and better seats could be a few ways to accomplish this. If they
…show more content…
One important factor, according to industry analysts, is the uncertainty over how people want their movies delivered. According to the case it is a trade off between convenience and quality. People can now stream movies to their tablets and smart phones, but managers believe they do not need to be concerned with that because of how much lower the quality is. A trend they are concerned with is the advancement of home theater systems that can produce an acceptable quality movie watching experience, for a reasonable price. This brings me back to finding a way to gain a competitive advantage. The theater needs to be able to provide something that the user cannot get anywhere else to keep people in the

Related Documents

  • Improved Essays

    The Paramount decision and the Hollywood blacklist took place during the time of the Golden Age of Hollywood and are often viewed as the fall of the studio system. During this time, studios had almost complete control over the entire film industry. They had total jurisdiction over all of the different aspects of filmmaking beginning with the development, all the way until the release of films. A great number of the biggest theaters were owned and run by the studios during this time. As for any theaters that weren’t being run by studios, their only good choice was unfortunately to submit to studios’ terms or else they would forfeit their opportunity at a first-run screening.…

    • 568 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    Swot Analysis For Redbox

    • 316 Words
    • 2 Pages

    Some of the primary strengths of Redbox are it is a low cost provider; it is well located at convenience stores, fast food restaurants, grocery stores, mass retailers, and pharmacies; low inventory and operating cost. A few other strengths include user–friendly kiosks, no membership requirement and a “Return to any kiosks” policy, which differentiated itself from other rental companies. Because Redbox depends on external business relationships for its overall operation, the high cost of partnerships and reliance of distribution licensing agreements are identified weaknesses. Increasing cost of partnerships with movie studios and the reliance of distribution agreements with distribution companies can have a significant impact on Redbox’s inventory.…

    • 316 Words
    • 2 Pages
    Improved Essays
  • Decent Essays

    Medus Valley Swot

    • 506 Words
    • 3 Pages

    Convenience: The online streaming and DVD sales will allow customers to view the movies in the comfort of their home.…

    • 506 Words
    • 3 Pages
    Decent Essays
  • Decent Essays

    When I wrote my post, I was looking at the price discrimination of movie theaters as a negative for people that work normal business hours of 9-5. I didn't give any thought to the fixed income senior citizens that benefit by going to matinee at a low cost. Each individual will look at this scenario differently, this is probably a very debatable subject. I still feel that if movie theaters were to charge the lower cost for all times and ages, that they would recoup this in concession stand sales. Do you agree with this statement? There are some movie theaters out there that do this already, it is the chain movie theaters that charge the higher prices.…

    • 118 Words
    • 1 Pages
    Decent Essays
  • Superior Essays

    Astra Theater History

    • 1499 Words
    • 6 Pages

    It notably displayed penguin posters to entice customers into relaxing in its air conditioned building. The structure, itself, stood among the first to have cool air. Some went, not just to see the movies, but to feel the breeze. The affordability of 10 to 12 cents per ticket, naturally made the theater a popular place to cool off and view the current films of the week. Bernie used to say, “Now this is the business to be into; where everybody pays.” Charitably, during the Great Depression, he issued credit to moviegoers who could not afford this luxury.…

    • 1499 Words
    • 6 Pages
    Superior Essays
  • Improved Essays

    Netflix and keeping up with the latest technology. Keeping their customers in another issue, that Netflix needs to maintain.…

    • 644 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    The last question is the view of the strategists’ of how they feel their customers view the offerings of the company’s competitor’s products or services. Netflix has created a movie rental company that offers convenience with a broad selection of product for customers, coupled with reliable service of streaming/ downloading movies.…

    • 754 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    Blockbuster Failure

    • 605 Words
    • 3 Pages

    Many people look for convenience and Blockbuster should have tapped in to this aspect of people’s demand and compete with its adversaries to really hold its customers. This would have not only allow Blockbuster to compete but, for a company which made a name for itself, remain at the top. Companies like Redbox has adopted the concept of ease of access and convenience. It should have been a long thought plan for Blockbuster and really dissect these approaches before others taking over the fast lane well ahead of it. By doubling down, Blockbuster would have remained in the mainstream competition and most probably lead by a milestone by now.…

    • 605 Words
    • 3 Pages
    Improved Essays
  • Superior Essays

    Mgm Case Study

    • 1006 Words
    • 5 Pages

    In fact, these three dimensions are the political, geographic, and technological factors that we have mentioned in class, and they are all the factors from the global environment. These factors provided chances for MGM to expand its business to other countries and invest in profitable market. On the other hand, MGM need to change its way of doing business and reconsider its company position so that it can adopt in the changing…

    • 1006 Words
    • 5 Pages
    Superior Essays
  • Superior Essays

    Going to the movie theater can be a stressful and expensive experience. The tickets are expensive, the snacks are way too overpriced, you’re not guaranteed great seating, and you may end up sitting next to a crying baby. Netflix is efficient because it allows us to watch a movie in the comfort of our home and avoid the whole movie theatre fiasco. It is predictable because each month, you receive a bill at the same price, which is cheaper than a movie ticket. There are a variety of tv shows, documentaries, and movies of any kind to search and choose from. Netflix is controllable because it can be watched on multiple devices such as your phone and laptop. And if you want the whole movie experience, just hook up your device to a projector and…

    • 1518 Words
    • 7 Pages
    Superior Essays
  • Improved Essays

    Cineplex Case Study

    • 5563 Words
    • 23 Pages

    Cineplex, if implemented poorly, the organization’s image and its ability to deliver customer value could…

    • 5563 Words
    • 23 Pages
    Improved Essays
  • Superior Essays

    Income level can be used to determine customer’s purchasing power. Customers always purchase products and services based on their income level. GSC is distributing their products to match their customer by having different class of cinema halls or seats, for instance, standard seat which the price range from RM8.00-RM15.00 that can afford by lower income customer and Gold Class or Premiere Class Hall with the price range from RM19.00-RM84.50 that can enjoy by higher income customer (Golden Screen Cinema, 2017). Therefore, GSC is suitable for everyone no matter low or high income level. Besides, they even targeted students as their customer by promoting a cheaper price ticket during every Wednesday. For example, GSC Melawati Mall are selling their movie tickets for 2D movies at the price of RM9.00 all-day-long instead of charging normal…

    • 857 Words
    • 4 Pages
    Superior Essays
  • Superior Essays

    Netflix uses Information technology as catalyst to meet the business strategies and goals of the company. The effectiveness of Netflix is largely dependent on the alignment of information technology innovation with business value that has direct impact on market share, customer relationship and employees. In order to be the leading movie streaming company – Netflix has to maintain its strong customer relationship and product quality.…

    • 886 Words
    • 4 Pages
    Superior Essays
  • Improved Essays

    Blockbuster Case Study

    • 1041 Words
    • 5 Pages

    This meant a significant risk of customers started wanting to get the product in different ways.Netflix started life as a mail order movie rental business; with a monthly subscription for whatever movies you wanted from a much bigger library than in store and significantly cheaper distribution costs than Blockbuster. Another reason was because there profit needed to be tied to what there customers value. Blockbuster's profit had to be sufficient to sustain their worldwide stores and staffing levels. As well as their pricing structure reflecting this, their profit also relied on something their customers hated late fees. A significant portion of the revenue that Blockbuster needed to stay in business was a revenue stream that Netflix didn't even charge for, as you could keep their movies as long as you wanted. And finally blockbuster ignored there opportunity in purchasing Netflix in the early 2000s. After Blockbuster closes employees share that they enjoyed working there and one of the perks was that you got to rent 5 movies each week for free. Personally I think Blockbuster going out of business was a great destion but i feel bad for everyone who lost there…

    • 1041 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    DVDs in Blu-ray and HD [High Definition] formats are offered by Netflix to consumers who demand more out of their home entertainment experience. One of the most critical features offered by Netflix that got the company recognition and market share is that it caters to a wide selection of people from different geographical locations and demographic groups. The variety of movies offered by Netflix, vis-à-vis its competitors, is unmatched. With the technical help provided by the company Web site combined with software that tracks and provides consumers with useful information, Netflix enjoys a competitive parity advantage in this regard. One of the main reasons Netflix enjoys this advantage is because it was the first in the market to come out with a DVD rental system that does not involve late fees, but rather includes a fixed monthly subscription fee and a software that provides assistance in simplifying the processes for the end…

    • 7315 Words
    • 30 Pages
    Improved Essays

Related Topics