Changing Market Share in the UK Cinema Industry
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Horizontal integration in the cinema industry as Cineworld buys Regal to establish the second biggest cinema operator globally. It is a sizeable bet given increasing competition from online streaming businesses such as Amazon and Netflix. The deal will give the combined group more than 9,500 screens and make it the world’s second largest cinema chain by number of screens behind US-run AMC Theatres
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Changing Market Share in the UK Cinema Industry
- 2. CINEWORLD BUYS REGAL CINEMAS BUSINESS GROWTH and MARKET STRUCTURE
- 3. MARKET SHARE IN THE UK CINEMA INDUSTRY BUSINESS GROWTH and MARKET STRUCTURE Leading cinema exhibitor chains in 2016, ranked by market share based on revenue 25.4% 24.3% 20.4% 5.6% 2.3% 2.2% 19.9% 0.0% 5.0% 10.0% 15.0% 20.0% 25.0% 30.0% Cineworld Odeon Vue National Amusements Picturehouse (Cineworld) Empire Cinemas Others Theater market share Exhibitor
- 4. MAIN CINEMA BUSINESSES BY NUMBER OF SCREENS BUSINESS GROWTH and MARKET STRUCTURE Cinema exhibitors ranked by number of cinema screens in the United Kingdom in 2016 954 887 798 274 124 104 72 62 51 43 43 39 36 26 22 0 200 400 600 800 1000 1200 Cineworld Odeon Vue National Amusements Empire Cinemas Omniplex Picturehouse (Cineworld) Reel Cinemas Everyman Media Group Light Cinemas Merlin Cinemas Movie House Cinemas Curzon Cinemas Irish Multiplex Cinemas PDJ Cinemas Screens
- 5. AVERAGE UK CINEMA TICKET PRICES BUSINESS GROWTH and MARKET STRUCTURE Average annual cinema ticket price in the UK from 2000 to 2016 (in £s) 4.4 4.14 4.29 4.44 4.49 4.71 4.87 5.05 5.2 5.44 5.95 6.06 6.37 6.53 6.72 7.21 7.41 0 1 2 3 4 5 6 7 8 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 PriceinGBP
- 6. AGE DISTRIBUTION OF CINEMA GOERS IN THE UK BUSINESS GROWTH and MARKET STRUCTURE 0.0% 10.0% 20.0% 30.0% 40.0% 50.0% 60.0% 70.0% 80.0% 90.0% 100.0% 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Shareofcinema-goers 7-14 15-24 25-34 35-44 45+ 45-54 55+
- 7. LEADING DIGITAL FILM SERVICES BUSINESS GROWTH and MARKET STRUCTURE 50% 37% 32% 14% 10% 9% 9% 8% 8% 7% 7% 6% 5% 5% 0.0% 10.0% 20.0% 30.0% 40.0% 50.0% 60.0% Netflix YouTube Amazon Amazon mp3 Kindle Sky Go Putlocker Google (Serach Engine) Kodi Now TV Facebook TV Catchup iTunes App Store ibookstore Apple Store Virgin media Google Play Android Marketplace uTorrent Share of respondents Which sites or services have you used in the past three months to stream/access, or share films through the internet?
- 8. THE RISE OF NETFLIX BUSINESS GROWTH and MARKET STRUCTURE
- 9. AGE PROFILE OF NETFLIX USERS IN THE UK FROM 2015-2016 BUSINESS GROWTH and MARKET STRUCTURE 44% 54% 58% 39% 46% 51% 26% 35% 35% 15% 25% 29% 6% 8% 13% 0.0% 10.0% 20.0% 30.0% 40.0% 50.0% 60.0% 70.0% 2015 W1 2016 H1 2016 H2 Shareofrespondents Age group 16-24 25-34 35-44 45-54 55+
Editor's Notes
- Horizontal integration in the cinema industry as Cineworld buys Regal to establish the second biggest cinema operator globally. It is a sizeable bet given increasing competition from online streaming businesses such as Amazon and Netflix. The deal will give the combined group more than 9,500 screens and make it the world’s second largest cinema chain by number of screens behind US-run AMC Theatres
- In 2016, Cineworld, Odeon and Vue, the leading three chains, accounted for 70.1 percent of the exhibitor market combined. Cineworld had the largest market share at 25.4 percent. Cineworld operations include 221 cinema cites across nine European markets. In the UK, the cinema company also runs an arthouse cinema chain under the name Picturehouse Cinemas as well AMC owns the Odeon chain in the UK — Odeon it was acquired by Wanda for $2.6bn in 2012.
- This statistic shows the age distribution among cinema-goers in the United Kingdom from 2003 to 2016. In 2016, 29 percent of cinema-goers in the United Kingdom were aged between 15 and 24 The share of older cinema visitors is rising – in 2016, 12 per cent of all tickets were bought by people over the age of 55 – the silver pound!
- This statistic displays a ranking of leading digital film services by usage in the United Kingdom as of May 2017. Netflix ranked first, with 50 percent reporting having used the service in the three months previous
- Netflix's strategy to invest heavily in content, both original and licensed, continues to pay off. The streaming giant added 5.3 million subscribers between June 30 and September 30, bringing its total subscriber base to nearly 110 million. Responding to the competitive threat Many cinemas are diversifying out of purely screening films to the conference industry and arenas for people to watch (and perhaps participate) in e-sports.