Netflix released its Q1 earning last week with
disappointing results, however there is still few people who can argue that the
video streaming company has not completely changed the face of television. With Facebook announcing its live streaming
service, and Twitter’s signing a deal with the NFL to live stream, which will
include pre-game Periscope (Twitter’s livestreaming service) broadcasts with
players and team, it is clear that the future of TV will be split into two
categories: Live-Stream and On-Demand.
The time of switching through channels
looking for something at least moderately entertaining is over, the main
reason, that people are still subscribed to cable services, are because of the
monopoly cable has over sports events. But as these sports associations begin
to realize that they need to begin following the trend of millennial cord
cutters, many will start to look for more option to reach their audience, as
did the NFL with Twitter.
The future of TV is simple, there will be the
side where we watch live-streamed events such as the sports, award shows,
musicals, news, and so on, while the other side will be shows targeting
specific audiences. With this being the clear path that TV will take, channels
such as HGTV, Home Shopping Network, Lifetime might soon be forgotten and
ultimately removed from our lives.
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