The entertainment industry has changed so much in the past decade that it can be hard to recognize it in some ways. If you go back 10 or 15 years, so much about the entertainment industry looked different. One of the biggest reasons that things have changed so much is that streaming media has become huge. Read on to learn about how streaming has changed the entertainment industry.
More People Are Ditching Cable
More and more people are starting to ditch cable because they just don’t feel that they need it. This doesn’t mean that cable is irrelevant since many people do watch traditional television. However, it would be disingenuous to say that streaming media hasn’t negatively impacted cable subscription numbers. People see paying for one or two streaming services as a much more cost-effective alternative to having cable.
Shows Are Thriving on Streaming Services
Shows are thriving on streaming services, and many of the most talked about shows are the ones that come from Netflix, Hulu, or Disney Plus. Think about how shows such as The Mandalorian, Stranger Things, Cobra Kai, and The Witcher became huge successes. Shows can be successful without being on network television or cable channels now. In fact, many shows thrive on streaming services specifically because they’re able to be closer to what the creators want them to be on those platforms.
How People Watch Shows Now
People don’t watch shows the same way that they used to in modern times. In the past, people would watch a show when it came on or they would miss it. DVR was invented eventually, and this allowed them to record their shows, but most people were still just watching a show weekly. Now people binge watch their favorite shows in huge chunks because it’s easy to do, and most big shows drop entire seasons all at once.
Streaming Video Games
You can actually see that changes are on the horizon for the video game industry because of streaming technology. Video isn’t the only thing that can be streamed, and now companies are starting to put out streaming video game services. This is much more bandwidth-heavy than streaming video, but the technology is getting better and improving along with internet speeds. Services such as Microsoft’s X-Cloud and Google Stadia could revolutionize the video game market soon enough.