There was a time not too long ago when satellite television was the king of entertainment! We paid our monthly subscriptions and had access to a variety of local and international entertainment, but we were at the mercy of the schedulers who select the programming.
Image path - onezero.medium.com
on demand entertainment
If we wanted something on demand, we would need to buy or hire the DVD or Blu-Ray or download a pirate copy from the internet.
It was the entertainment of the times, and as the internet became more media-rich we were able to find our entertainment on demand and Netflix seemed to be the company that took the risk and pushed forward this idea, and we all got on board! Streaming went mainstream, and Netflix and chill was the order of the day
The company grew in leaps and bounds and started to make its programming and destroyed traditional on-demand entertainment like blockbuster and other video rental services
Going across streams
It wouldn’t be long before other companies came sniffing around and wanted a piece of the action! Hulu and Amazon prime started early on, Apple TV launched this year and Disney+ launched this week and in 2 days got 10 million sign-ups.
There is a need for scripted entertainment the masses want to be glued to their screens so why not profit from it
One stream to rule them all
Having a Netflix subscription used to be great as they had an extensive back catalogue of old movies and shows and it’s own original content too, but as the competition came in, they were slowly stripped of content.
While we’re told that competition is always good for the market as it brings better pricing and services in terms of streaming I don’t think that’s the case.
The more fragmented the streaming market becomes the less value a subscription holds! Why would a consumer pay for four different services to watch all the shows they like?
Some will decide on the best service for them and miss out or pirate the rest or switch on their subscription when needed others will move to piracy full time.
Consumers lose a quality service with better, faster streaming, and they lose customers.
streaming sites will need to suck it up
The way I see it is streaming sites will need to suck it up and work together! Either a single subscription that gives you access to all the showed across the platforms, or they need to have a pay per view service so you can watch the shows you want and only pay for that
Putting the block in a blockbuster
Instead of putting blocks on regions and blocking consumers from enjoying the content, I feel blockchain would be a fantastic solution for this.
Production houses could secure their shows or movies on their chain with a smart contract, and we as users could tap into the various side chains needed to get the shows we want from any interface we like!
It would also help weed out better content because it wouldn’t be pushed on us by specific front ends! We pick the shows based on merit on what we enjoy and not what is algorithmically forced into our faces!
I still have my Netflix subscription, but I doubt I’ll hold on to it for very much longer
Let's connect
If you liked this post sprinkle it with an upvote or resteem and if you don't already, consider following me @chekohler
| Buy & sell STEEM | Donate LikeCoin For Free | Earn Interest On Crypto |
|---|---|---|
 |
It might look that way, but would Netflix have kept making great, original content if not for the spectre of competition?
What kind of great content will we see from each of these providers?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
My issue isn't with original content my issue is these services are differentiating themselves based on the licencing agreements they can get with third party production houses. So one will have HBO's show one will have the hit fro another Network.
If it was to be a successful market all providers should not have exclusive rights to 3rd party content. There own original stuff maybe I could understand but they could also just licence it as they did in the past, just because Disney has a service doesn't mean Netflix shouldn't be able to licence Marvel movies
Shouldn't the end goal be for more users to see your content not only users who pay me can see my content?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I don’t understand the demand for all these steaming services. Then again I don’t really watch tv much. Maybe I’m one of the lucky ones? Steem monsters has me instead! lol
Pretty soon the lawsuits will start coming with the streaming companies fighting each other, Netflix will probably file the first one.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Lol I think it’s because the normies spend their down time vegging out in front of shows and sport which is why these guys duke it out like this! It’s a money printing machine in a way, people have proved they willing to watch just about any shit
It will be interesting to see how it all plays out, I think amazon will be the first one to pull out they’re already in too many things to care about it
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Ya true, amazon has lots to do, they should stick to what they know.
I bet Facebook is going to try to get into the streaming lol they’re failing at the other stuff like the portal. It reminds me of when General Motors was trying to get into everything and went bankrupt from failing so often.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
They will never work together, so thr battle is here to stay and the consumer will suffer... Or download content from piracy sites and skip all subscriptions...
Posted using Partiko Android
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Indeed, that's the problem when its profit at all costs its a race to the bottom. Instead of working together to grow the streaming market and raise all ships in the process, they will rather try to destroy one another and shrink the market until a few survive
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Eventually, a program will come along that plays all streaming services in one convenient "box". People will buy this to combine all their different brainwashing subscriptions. Soon, the company gets greedy and starts adding in advertising over all streaming services but people had already gotten used to the convenient service so they let it slide. Pretty soon, people are paying hundreds of dollars a month for their shows and it mostly consists of ads. It will end up being the same as traditional cable with more tailored ads and not having to set your calendar for specific shows. Just look at how many ads YouTube shoves down your throat now if your not using Brave Browser. It wasn't always like that.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
If people want to consume mindless content let it be their choice to abuse their bodies, it's just another vice no different from cigarettes, gambling or alcohol. I have no doubt advertising is coming, it always does with these kinds of business models. Make something cool, get people to use it, place ads in front of them
I agree the number of ads on YouTube is ridiculous, they really pushing people to want that premium subscription
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
For sure it's anyone's own choice to do/watch what they want. It's just hard to watch (see what I did there) when I can see it coming and the consumer doesn't realize.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Blockchain could be a great way for steaming to move to.
Posted using Partiko Android
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Lol but it's never going to happen, its all about the bottom line? Why build for the future, its about profits now
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Hi, @chekohler!
You just got a 5.8% upvote from SteemPlus!
To get higher upvotes, earn more SteemPlus Points (SPP). On your Steemit wallet, check your SPP balance and click on "How to earn SPP?" to find out all the ways to earn.
If you're not using SteemPlus yet, please check our last posts in here to see the many ways in which SteemPlus can improve your Steem experience on Steemit and Busy.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Hi @chekohler!
Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
Your UA account score is currently 4.191 which ranks you at #3200 across all Steem accounts.
Your rank has not changed in the last three days.
In our last Algorithmic Curation Round, consisting of 101 contributions, your post is ranked at #58.
Evaluation of your UA score:
Feel free to join our @steem-ua Discord server
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit