Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

What factors are acting to intensify/weaken the bargaining power and leverage of suppliers in the subscription video-on-demand industry? Select yes for those statements below that

image text in transcribed
What factors are acting to intensify/weaken the bargaining power and leverage of suppliers in the subscription video-on-demand industry? Select "yes" for those statements below that are accurate and choose "no" for those that are not: Movie studios, the owners/producers of popular network TV shows, and the "owners" of live sports events have great bargaining power and leverage over streaming providers because of their power to heavily influence the price and other terms and conditions under which their librarles of movies and TV shows, new original content, and assorted types of high-interest live events will be released or ficensed for streaming. The competitive pressures associated with the bargaining power and leverage of suppliers is moderate to very strong. Netfix and other streaming services dictate when they want to show new released movies. The licensing fees that Netflix has recently had to pay the owners/producers of popular movies/V shows have escalated in recent years, causing Netfili's cost for licensed content to climb rapidly. The bargaining power and leverage of suppliers is a weak competitive force, depending on the type of supplier. Since independent movie studios and independent producers of TV shows and documentaries own the titles they have produced. they are able to command sizable fees to license popular/attractive titles to all the various different streaming/VOD competitors. Movie studios, the owners/producers of popular network TV shows, and the "owners" of live sports events have weak bargaining power and leverage over streaming providers. Netfix has parthered with independent movie studios to have more control over licensing fees

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Quantitative Methods For Business

Authors: David Anderson, Dennis Sweeney, Thomas Williams, Jeffrey Cam

11th Edition

978-0324651812, 324651813, 978-0324651751

More Books

Students also viewed these General Management questions