Netflix vs Cinema

The world of cinema is slowly moving to the online world with the growth of sites such as netflix, the internet age is catching up with the world of cinema. Demonstrated in the video created by me:

Source.

With the world increasingly turning to the online world it seem that the world of cinema isn’t exempt either. The box office for cinemas around the world saw a 5.2% fall in revenue in 2014 globally despite the release of some major films like James Bond and Iron Man (Lang, 2014). Why’s this? Because of the rise of the online world, more and more cinema goers are converting to services like Netflix or the plethora of ‘online streaming’ services that you can access to free, opening up Hollywood to the jaws of open access to content (Moran, 2014). This is shown further below in a piktochart, created by me, of the UK Cinema and Netflix returns:

There is a clear demonstration that the online movie industry is forever growing whilst the cinema industry is in a state of decline. But what are the advantages and disadvantages of this? I have created a table showing some of these below:

 

The table shows a mixture of advantages and disadvantages to the rise of the internet movie industry. First I’m going to focus on the main advantage. In my personal experience of using Netflix I like to look through the huge catalogue of movies they have on offer and just pick something that I like the look of. It is quick and easy to use compared to the cinema and I can pause the movie and not have to miss anything. I am in control which makes it far more enjoyable I find.

However the biggest drawback is the problem of pirating movies. KSI, a large YouTuber, brought this to the public eye in his video in which he looks to address the issue of pirating of a movie he starred in. He talks about how the pirating of the movie is creating such loses that a planned sequel may not be possible. This could be applied to the whole industry and if such thing becomes common the whole industry could begin to collapse.

The internet movie industry is growing, but this isn’t necessarily a good thing. This could be the beginning  of the end as the movies become more readily available and payment dodging becomes easier.

(399  words)

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References

• References from the video in order of appearance:
  • Maneker. M, 2010, Blockbuster’s Death Was Long Foretold, CBS, Available online at (Last Accessed 6^th December 2016)
  • Orr. C, 2014, Is Cinema Dying?, CriticsAnalysis, Available online at (Last Accessed 6^th December)
  • Shaw. L, 2016, Netflix Soars as Subscriber Growth Vanquishes Slowdown Fears, Bloomberg Technology, Available online at (Last Accessed 6^th December 2016)
  • PHD Comics, 2012, Open Accessed Explained!, YouTube video, Available online at (Last Accessed 6^th December 2016)
  • Demuro. R, 2016, Netflix to Raise Prices by 25%, ktla.com, Available online at (Last Accessed 6^th December 2016)
  • Hudson. J, 2016, Study: Netflix Rate Hike could lead to mass subscriber cancellations, Breitbart.com, Available online at (Last Accessed 6^th December 2016)
  • Music: SiriusBeatTV, Royalty Free Music [Film/Epic/Action/Trailer] #54- Nobility, Available online at (Last Accessed 6^th December 2016)
• Lang. B, 2015, Movie Box Office Drops 5% in 2014: What’s behind the Fall, Available online at (Last Accessed 6th December 2016)
• Moran. S, 2014, Could Netflix Kill the Movie Theatre Industry, Available online at (Last Accessed 6th December 2016)
• Piktochart References:
  • UK Cinema Association, 2016, Annual Box Office, Available online at (Last Accessed 6^th December 2016)
  • Statista, 2016, Estimated streaming revenues of Netflix in the United Kingdom (UK) from 2012 to 2020, Available Online at (Last Accessed 6th December 2016)
• Advantages and Disadvantages table references:
  • Bowman. J, 2015, How Netflix is Closing the Curtain on Movie Theatres, Available online at (Last Accessed 6^th December 2016)
  • O’Keefe. M, 2016, Netflix’s Worst Nightmare: You can now Stream Illegally Pirated Torrents, Available online at (Last accessed 6^th December 2016)
  • Lev-Rem. M, 2016, How Netflix became Hollywood’s Frenemy, Fortune Blog, Available online at (Last Accessed 6^th December 2016)
  • Gammell. C, 2008, Poor and elderly left behing by digital age, The Telegraph, Available online at (Last Accessed 6^th December 2016)
• KSI, 2016, We Need To Talk, YouTube video, Available online at (Last Accessed 6th December 2016)

Bibliography 

Read but not used directly:

• Lepitak. S, 2013, 90% of online content to be held behind paywalls in three years media company survey suggests, TheDrum, Available online at (Last Accessed 6th December 2016)
• Wiley. D, Green. C and Soares. L, 2012, Dramatically Bringing Down the Cost of Education with OER: How Open Education Resources Unlock the Door to Free Learning, Centre for American Progress, Available online at (Last Accessed 6th December 2016)
• Forbes, 2013, Education Finally Ripe For Radical Innovation By Social Entrepreneurs, Available online at (Last Accessed 6th December)
• Background Information from Scoop:
  • Hall. M, 2014, Why open access should be a key issue for university leaders, Guardian, Available online at (Last Accessed 6th December 2016)
  • Tillje Blog, 2013, Two Different Kinds of Open Access Buttons, Available online at (Last Accessed 6th December 2016)