Video Ezy - Competition

Competition

In its home market of Australia, Video Ezy's individual franchises compete with other rental chains such as, Blockbuster, Civic Video, Network Video, Video City, Movies 4U (also known as, Top Video, or Leading Edge Video) and many independently-branded stores throughout the country. Video Ezy dominates the New South Wales market, however, in other Australian states like Queensland it has a similar number of stores to rival, Civic Video, and in Tasmania, its chain of Video City oulets are more numerous and larger in floor space. Since February 2007, Video Ezy's parent company, Franchise Entertainment Group, no longer competes with Blockbuster having acquired it, yet all individual franchises still do.

In the area of video retail, Video Ezy also competes with many of the brands mentioned above, but primarily Australia's DVD and Blu-ray market share is taken up by Kmart, Target, Big W, Sanity, JB Hi-Fi, and Amazon.com. However, recent years have seen huge movements towards legal and illegal online entertainment in the form of either legal services such as, iTunes, or illegal BitTorrent downloads that continue to challenge Video Ezy's established business model - reflected in Video Ezy/Blockbuster franchises closing 270 stores across Australia in the four years to August 2011.

Read more about this topic:  Video Ezy

Famous quotes containing the word competition:

    Playing games with agreed upon rules helps children learn to live by rules, establish the delicate balance between competition and cooperation, between fair play and justice and exploitation and abuse of these for personal gain. It helps them learn to manage the warmth of winning and the hurt of losing; it helps them to believe that there will be another chance to win the next time.
    James P. Comer (20th century)

    Sisters define their rivalry in terms of competition for the gold cup of parental love. It is never perceived as a cup which runneth over, rather a finite vessel from which the more one sister drinks, the less is left for the others.
    Elizabeth Fishel (20th century)

    Every sect is a moral check on its neighbour. Competition is as wholesome in religion as in commerce.
    Walter Savage Landor (1775–1864)