Realtiy and Digital TV

After reading these articles, web streaming has helped consumers, while hurting tradational TV. Specifically, the Netflixes and Hulus in the world have took a lot of viewers from Traditional TV and they have made content more easlity asseciable than Television. One example for this isthat in Netflix, they have Avengers Infinity Wars but in a cable TV, you will probabky have to pay to be able to rent the movie. People got tired of paying for cable when it was very expensive, and decided to pay for Netflix and Hulus, because paying a combined total of 20$ to watch almost any show or movie you want is better than paying 100$ a month, and not being able to watch whatever show or movie you want to watch. In the text,”The Messy, Confusing Future of TV? It’s Here”,by Kevin Roose, it says, “A reason for all this chaos is that cord-cutting is accelerating faster than media executives expected. Last quarter, nearly a million Americans dropped their pay-TV subscriptions, according to an estimate from Craig Moffett, a media analyst with MoffettNathanson. (Netflix added roughly that many new subscribers in the United States in the same time.) Young people, a group particularly coveted by advertisers, are moving away from TV especially quickly. The amount of time people under 35 spend watching traditional TV has been cut in half since 2010, according to Matthew Ball, the head of strategy at Amazon Studios.” The ones that are most likely to watch Television are going to these web-streaming devicies. And compainies are starting to know this. In the same text, it says,”Disney, which controls some of the world’s most valuable TV and film franchises, shook Hollywood last week by announcing that it was ending its distribution deal with Netflix and starting two new stand-alone streaming services. One, an ESPN-branded streaming sports service, will be available early next year, while the other, focusing on Disney movies and shows, will go live in 2019…Disney, which has built an enormously profitable business that includes movie ticket sales and cable revenue from ESPN, is betting that a significant number of customers will pay $10 or $20 a month to watch “Frozen” and keep up with their NBA teams, above and beyond what they’re already shelling out for Netflix, Hulu and Amazon Prime subscriptions.” Because of these web-streaming devices, we the consumers win, and so do these web-streaming devices, but the traditonal TV loses.

 

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