Imax Supplier Power Of Suppliers Essay - 1854 Words

Supplier Power. IMAX faces moderate bargaining power of suppliers for its projection systems. Although manufacturing firms that produce high tech components at times exert considerable power, IMAX has created and sustained long term relationships with their vendors. Although this situation is favorable currently, the high tech components needed for IMAX’s systems may only be produced by a select few number of firms. If IMAX and its suppliers were to fall on negative terms, IMAX may face a situation where their suppliers raise prices thus minimizing IMAX’s profit margins. Conversely, in Motion Picture Production, suppliers exert high bargaining power. For example, TV programming in spring of 2008 was entirely ceased due to an organized strike by the Writer’s Guild. Additionally, Hollywood stars are able to cease production on films by demanding a renegotiation of their contract for higher wages. This power of suppliers affects the production speed and quality of f ilms. In the edutainment segment, however, big name writers and actors aren’t typically used which tremendously reduces the bargaining power of suppliers. Buyer Power. In the large format film project system segment, bargaining power of buyers is low. IMAX is the only supplier for large format film equipment leaving their buyers with minimal alternatives. However, in Motion Picture production, buyers have high bargaining power. There is a large number of films seeking to be produced and buyers (such as theShow MoreRelatedImax Corporation : An Overview1066 Words   |  5 PagesINTRODUCTION IMAX Corporation was founded in 1967 and is an entertainment technology company specialized in three different sectors: Photographic Equipment and Supplies, Motion Picture and Video Tape Production and Motion Picture and Video Distribution. The first IMAX film premiered in 1970 in Japan at the Fuji Pavilion. IMAX has grown significantly since its foundation and in 2008, was located in 295 theaters in 40 different counties. About 50 perfect of IMAX’s theaters are located in educationalRead MoreEssay about Imax Case1148 Words   |  5 Pagescase study. Basic Concepts The IMAX strategy is two pronged. The 1st prong is to expand beyond institutional environments by opening IMAX theatres within multiplexes or convert existing multiplex screens. 2nd the launch of more Hollywood films in IMAX format. Key Issues 1.) Could IMAX thrive as a niche player that made large format films and systems? 2.) Would increasing the number of Hollywood movies released to IMAX format save the firm or just dilute the IMAX brand? 3.) Should Hollywood moviesRead MoreImax2045 Words   |  9 Pageslong-term direction of the organization, the scope of its activities, help gain advantage over competitors, and address changes in the business environment. 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This analysis includes following forces: †¢ Threat of new entrants †¢ Rivalry among existing competitors †¢ Threat of substitutes †¢ Bargaining power of buyers †¢ Bargaining power of suppliers It is possible to analyse the intensity of these forces and their impact on the profitability of the industry in the future. Threat of new entrant in New Zealand Cinema Industry: New entrant to any industry brings higher competitionRead MoreRegal Entertainment Group: Addressing Industry Dependency and Differentiation7165 Words   |  29 Pagestheir partners and suppliers. Their activities will better reflect their values, and will be discussed in greater length in this report, under the Current Activities section. Key Stakeholders Regal’s key stakeholders include the usual categories: stockholders, suppliers, employees, and business partners. Regal’s main suppliers are their food and beverage suppliers and the major movie production companies that Regal depends on for their first-run films. The food and beverage suppliers include beverageRead MoreSwot Analysis of Sony2053 Words   |  9 Pagesthan two hundred countries. Diversified geographical reach helped them to gain competitive advantage over its competitors. The brand Image that they gained not only helped them to enter new markets but also helped them to gain bargaining power with their suppliers. This is achieved by its highly quality miniature products that become a part of every household. Sony success in development also bank on its strong Ramp;D department. The strong workforce works on the cutting edge of technology in order