Professional Documents
Culture Documents
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Opportunities
High percentage of Internet users watching online video content on any device
Permanently undercut the once-thriving businesses of selling/renting movie and music DVDs
Close competitor was reported to have 1.3% of all movies to be "critically acclaimed"
Surveys conducted indicated that the worldwide average amount of time individuals spent using the internet on any device was 6 hours and 43
minutes, equal to more than 100 days of online time per year.
Worldwide rollout of 5G (fifth generation) wired and wireless digital networks promised to increase data connection speeds by 3 times those
of the current 3G and 4G digital networks
"many countries instituted home confinement orders to stem the spread of coronavirus (COVID-19)"
reported that the number of streamed video subscribers grew to 613 million in 2018 (an increase of 27 percent over 2017), while the number of
cable subscriptions worldwide dropped 2 percent to 551 million.
cable subscriptions generated the biggest revenues ($118 billion), followed by satellite subscriptions
India considered one of the key developing markets because of its population size and heavy use of mobile devices for video streaming
Threats
Amazon investing high on original content & releasing new titles monthly
Hulu offered plans that included not only its video streaming service, but also packages that included 60+ live TV and cable channels (that
included sports, news, and entertainment)...
Hulu’s strategy for attracting subscribers by charging a subscription fee of $5.99 per month for regular streaming (interspersed with ads) and
$11.99 per month for commercial-free streaming; new subscribers also got a one-month free trial.
Established Amazon Studios to oversee the development and production of new in-house original movies and multi-episode series
Amazon paid the National Football League $65 million a year for three seasons starting with 2017 season to live stream Thursday Night
Football games globally to Prime Video members in 200 countries...
The Walt Disney Company in 2020 was a leading diversified international family entertainment and media enterprise...
ESPN's big increase in paying subscribers by using bundling promotion strategy
Amazon's strategic initiative to upgrade its content library, with both higher caliber new original content and licensed content.
...a deal between Disney and Verizon, whereby certain Verizon subscribers could sign up for a free one-year subscription to Disney+...
Strengths
1 Software technology developed to pull users' preference & rating 1
3 Sending employees across countries to strengthen its local content creation partnerships 3
4 16 percent of all movies on Netflix were “critically acclaimed” 4
5 Globally released 100 seasons of local language, original scripted series from 17 countries 5
Improve video quality and deliver high defination video (S9, O3) 2
2
Offer option for subscriber to pay extra for watching different countries library (S7, S8, O3)
4
ST Strategies
Purchase broadcasting rights for the sport event (S9, T2, T6) 2
2
Invest in production of new original content films (S6, S10, T1, T9) 3
3
4 Launching series accordingly instead of all at once (S9, T0) 4
Subscribe Netflix to get discount on famous series
5 peripheral products (S9, T8)
Weaknesses
Declining viewing hours from customers
WO Strategies
Promote films cater to the preferences of subcribers (W1, W10, O1)
WT Strategies
Offer new user discount or referral code from existing subscriber (W1, W9, S3, S8)
Do the market research and create a portfolio of forthcoming titles for every taste (W6,
W10, T7)