BROADCASTING VS. STREAMING EVOLUTION: HOW LEGACY NETWORKS AND DIGITAL BROADCASTERS INNOVATE

Broadcasting vs. Streaming Evolution: How Legacy Networks and Digital Broadcasters Innovate

Broadcasting vs. Streaming Evolution: How Legacy Networks and Digital Broadcasters Innovate

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Terrestrial broadcast series have long been established as popular TV programs, produced and broadcast through major network broadcasting stations. In contrast, streaming services are web-powered streaming platforms, with Netflix, Watcha, and Wavve being leading competitors. As audience preferences evolve, competition between network-produced series and OTT services has heightened. Consequently, each platform is creating exclusive releases and employing adaptive strategies to stay ahead.

Differentiation Strategies of Terrestrial Dramas

Terrestrial broadcast series focus on providing stories with broad audience reach while maintaining classic narrative structures. In particular, they actively highlight celebrity performers to increase viewer engagement and produce narratives that appeal to a diverse demographic, thereby securing a consistent fanbase. Additionally, leveraging their long broadcasting experience and established reputation, they continue to present familiar content, ensuring consistent success. This allows audiences to find more ways to engage with traditional content through various platforms.

Differentiation Strategies of OTT Services

OTT providers are expanding their subscriber base by employing tactics distinct from network-based television. Firstly, they actively adopt emerging trends and unique structures, prioritizing artistic direction and cinematic quality over broad popularity. Secondly, they offer customized programming that caters to specific interests, targeting unique fan bases. Lastly, they focus on producing international releases aimed at the global market, allowing them to secure viewers not only within their region but also on a global scale. Through these approaches, OTT platforms are building industry dominance in ways distinct from conventional TV networks.

Competition and Collaboration Between Platforms

As major TV networks increasingly enter the streaming space, competition has intensified. For instance, KBS and a long-established broadcaster operate their own OTT services, 'KBSon' and 'MBC Digital', respectively, distributing their existing TV shows on internet-based distribution channels. This strategy helps maintain the influence of legacy networks while attracting new viewership. Meanwhile, the emergence of alternative digital platforms is shifting audience preferences towards more flexible viewing options.

Conversely, digital platforms are also expanding their dominance by partnering with terrestrial broadcasters. A leading global get more info streaming giant has gained a global following with K-content hits like 'Squid Game' and 'Hellbound', leveraging the high-quality filming standards of terrestrial broadcasters. This collaboration helps both parties leverage their advantages, fostering a richer content environment. As a result, the boundaries between network TV and streaming continue to become less defined.

Ultimately, terrestrial dramas and streaming platforms are both fighting for dominance and working together through their respective differentiation strategies. Terrestrial dramas maintain classic formats and broad accessibility, whereas OTT services provide experimental and globally targeted content. As synergy and integration between these platforms continue to expand, audiences can expect a richer and enhanced entertainment experience in the future.

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