Media content has moved from paper, tape, and film to a digital world based on Internet technology. From the perspective of the five forces model, which force is most relevant here?

Question

Quizplus · Accepted Answer

The force of substitutes is most relevant in this scenario. The shift to digital media has brought many new substitutes for traditional paper, tape, and film formats. Different formats of media such as streaming, blogs, social media, and e-books have emerged as substitutes to traditional media. This has created competition for the traditional media and created challenges for their survival. Therefore, understanding substitutes is crucial in the digital media industry.

Media Content Has Moved from Paper, Tape, and Film to a Digital