The Development Trends and Challenges of the Movie Industry in the New Media Era

Abstract

Movies have been a huge part of people’s lives since its creation. As society progresses, the industry of movies has evolved in a number of ways throughout the years. Beginning with the traditional movies where equipment was simple, scenes to be black and white, and a lack of presence of sound, movies nowadays are often displayed worldwide with fascinating special effects and costly budget and time during the production process. Why are films evolving at such a rapid pace and how are these changes possible? Entering the new media era, where technologies get advanced and information starts to dominate in people’s everyday lives, the impacts of new media play a significant role regarding the changes in the movie industry. The study scrutinized statistics of detailed changes of new media that bring about the immense effects to films; while also evaluating the positives and challenges being faced by the movie industry and providing potential solutions in the future. Ultimately, the problem arises regarding the true values people place on different entertainments, especially movies. It is concluded that the existence of movies ought not to be neglected nor replaced by any sorts.