1. The document discusses how audiences, institutions, and distributions in the film industry are changing with new technologies and how each must adapt. It provides examples of how audiences now have easy access to films anywhere through streaming services like Netflix and can watch high quality 3D films at home. 2. Issues facing the industry include piracy costs and TV box sets threatening films. Institutions are adapting through using CGI, digital cameras, and online premieres. Distributions now rely on trailers, social media, website reviews, and deals with distributors to promote films. Both independent films and reaching niche audiences present ongoing issues.