In the News
Cinema Takeover: Cineworld buys Regal
5th December 2017
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.
Many cinemas these days are diversifying out of purely screening films to the conference industry and arenas for people to watch (and perhaps participate) in e-sports.
The UK cinema industry is an oligopoly. Cineworld, Odeon and Vue, the leading three chains, accounted for roughly 70 percent of the exhibitor market combined in 2016 (see the chart below).
- Economics
- Blog
- In the News
- Horizontal integration
- Oligopoly
- Competition Policy
- Business Growth
- External growth
Geoff Riley
Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.
You might also like
Oligopoly - What is Tacit Collusion?
Study Notes
Timpson's Upside School of Management Model!
18th October 2015
Impact of competition in the mobile phone market
19th February 2016
Unit 3 Micro Answer Plan - Takeovers and Efficiency
Exam Support
Benefits and Drawbacks of Organic Growth
Study Notes
Advertising in Oligopoly
Study Notes
What are franchises as a business model?
Study Notes