Competition
Time Warner faces industry competition from traditional media companies such as Vivendi, CBS Corporation, Sony, Viacom, The Walt Disney Company, NBCUniversal, and News Corporation. Time Warner's and many of their competitions business may be severely impacted by the increasing viewership of feature films, television programming and other content online with low ad-income, which decreases company revenues.
Box office receipts have been rising while the growth rate of DVD sales have recently been declining, which affects Warner Bros.' growth prospects and revenues.
Read more about this topic: Time Warner
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)
“Competition has been shown to be useful up to a certain point and no further, but cooperation, which is the thing we must strive for today, begins where competition leaves off.”
—Franklin D. Roosevelt (1882–1945)
“The praise of ancient authors proceeds not from the reverence of the dead, but from the competition and mutual envy of the living.”
—Thomas Hobbes (1588–1679)