I have been wrestling with this question for a couple of days and finally I thought why not ask the esteemed community.
BookMyShow seems to have no competition in the Online Movie Ticketing market at all. I mean no Number 2. An industry with only one player is surprising, since you look at the size of the Indian Market.
Also, whatever small sites you have, they don’t sell tickets from Multiplex partners that BookMyShow sells from.
I don’t think their is a major barrier to entry to this industry, then why have we seen no one try to challenge BookMyShow’s supremacy. It is also something to wonder because Online Ticketing is also one of the better e-commerce industries even if you look at travel or anything.
Why do you think we have only 1 player.
Insights will be appreciated.
Thanks.