Plan

Para 1: Production

• High quality equipment more accessible for a larger audience at cheaper prices
• Digital filming is free compared to filming on reel
• Film is better quality than digital but eventually deteriorates
• Editing software available for larger audience
• More competition for institutions
• CGI cheaper than practical effects, more accessible for public on editing software
• Digital cheaper due to proliferation of hardware

Para 2: Distribution

• Twitter and Facebook used for free publicity (Ill Mannors)
• YouTube used for cheap promotion (trailers, ads)
• Digital Files easy to transport to exhibitors
• Files more at risk of being leaked
• DVD's used less due to digital downloads, Netflix
• Blu-ray offer cinema quality experience from home
• Netflix leads to smaller screen

Para 3: Exhibition

• Netflix and streaming services preventing people from going cinema
• Have to wait for films to feature on Netflix
• Illegal downloads becoming more prominent (Kick Ass 2 most downloaded film)
• Illegal downloads mean worse quality audio and image quality
• IMAX and 3D used to offer an experience that you could not get from home
• IMAX and 3D premium price
• 4k televisions and surround sound for high-quality experience from home
• Technological convergence smart TV
• Digital downloads remove the need to go out and purchase films (Blockbuster)

Para 4: Audiences

• Easy access to hundreds of hours of free content on websites such as YouTube
• Can watch Netflix on a number of devices from most locations
• Illegally watch/download content on devices
• Audiences have to pay more for higher quality experience
• Digitally rent or buy films instead of going out to purchase

Conclusion:

Advantages:

• More people can make high-quality films at affordable prices
• Cheap promotion using social media
• Low cost distribution
• More digital content available from home
• Blu-ray and 4k televisions for cinema experience

Disadvantages:

• More competition for professional institutions
• Lower quality
• Less people going to cinemas
• Removes need for DVD