[Name of the Institute]

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Digital Technologies, Internet and Films

Introduction

The behavior of oligopolistic firms is a source of considerable debate and concern, given their market power and ability to shape the development of new markets. A key area of debate concerns the scope for strategic adaptation in oligopolies; and in particular, the extent to which such large and otherwise successful firms ignore or marginalize important shifts in the marketplace (Schoenberger, 317).

In this research, we will critically evaluate these general theoretical issues through the lens of a specific, geographically bounded case study: the collision between Hollywood, a mature ...