Smas061 Real Groovy Power Point Presentationsmas061
Real Groovy is facing declining music sales that threaten the viability of the business. Four key factors are identified as contributing to the falling sales: legal and illegal music downloading, competition from other companies, and a lack of opportunities for Real Groovy to expand its business. The report analyzes each of these factors and their impact on Real Groovy's sales to help its managing director understand the challenges facing the company and determine the best strategy going forward.
Class Notes for Friday, November 5, 2010Eric Olander
The document discusses challenges facing the movie industry. While revenues are up, attendance is down due to high ticket and concession prices. Streaming services like Netflix now account for a large portion of internet traffic, showing people prefer watching movies at home. Piracy through torrents is declining as well, as streaming provides a cheaper and easier alternative to downloading movies. The conclusion is that the movie industry needs innovative distribution models to monetize content like streaming services have.