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.
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Famous quotes containing the word competition:
“Every sect is a moral check on its neighbour. Competition is as wholesome in religion as in commerce.”
—Walter Savage Landor (1775–1864)
“Never before has a generation of parents faced such awesome competition with the mass media for their children’s attention. While parents tout the virtues of premarital virginity, drug-free living, nonviolent resolution of social conflict, or character over physical appearance, their values are daily challenged by television soaps, rock music lyrics, tabloid headlines, and movie scenes extolling the importance of physical appearance and conformity.”
—Marianne E. Neifert (20th century)
“Mothers seem to be in subtle competition with teachers. There is always an underlying fear that teachers will do a better job than they have done with their child.... But mostly mothers feel that their areas of competence are very much similar to those of the teacher. In fact they feel they know their child better than anyone else and that the teacher doesn’t possess any special field of authority or expertise.”
—Sara Lawrence Lightfoot (20th century)