Over the Last Two Decades the Combination of the Internet

question 25

Essay

Over the last two decades the combination of the internet, high definition TV, and the surround sound has revolutionized watching a movie at home. At the same time, advances in technology in the movie theater have raised the standard that the home entertainment alternative must achieve. Think about the effects of these technological changes on movie watching and identify another market for related goods or service where one will expand and the other will contract. Describe in detail the sequence of events as the two related items you've identified respond to the new technologies.

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Definitions:

Market Price

The current price at which an asset or service can be bought or sold in the marketplace.

Retained Earnings

The portion of a business's profits that are kept within the company rather than distributed to shareholders as dividends.

Cumulative Preferred Stock

A type of preferred stock that accumulates unpaid dividends, which must be paid out before any dividends can go to common shareholders.

Partially Participating

Relating to securities or policies that offer limited rights or dividends to the holder, with certain conditions applied.