BROADCASTING VS. STREAMING EVOLUTION: HOW TERRESTRIAL PLATFORMS AND DIGITAL BROADCASTERS INNOVATE

Broadcasting vs. Streaming Evolution: How Terrestrial Platforms and Digital Broadcasters Innovate

Broadcasting vs. Streaming Evolution: How Terrestrial Platforms and Digital Broadcasters Innovate

Blog Article

Terrestrial broadcast series have long been established as widely recognized TV programs, produced and broadcast through major network broadcasting stations. In contrast, online services are internet-based streaming platforms, with global streaming giants, regional streaming services, and Wavve being leading competitors. As media consumption habits evolve, competition between network-produced series and digital streaming platforms has intensified. Consequently, each platform is producing exclusive releases and employing differentiated strategies to strengthen its competitiveness.

Differentiation Strategies of Terrestrial Dramas

Terrestrial broadcast series focus on providing stories with widespread popularity while maintaining classic narrative structures. In particular, they actively feature celebrity performers to increase viewer engagement and produce narratives that capture the interest of a diverse demographic, thereby securing a loyal audience. Additionally, leveraging their historical credibility and established reputation, they continue to deliver time-tested formulas, ensuring stable viewership ratings. This allows audiences to find more ways to engage with traditional content through various distribution channels.

Differentiation Strategies of OTT Services

OTT platforms are expanding their influence by employing approaches distinct from legacy media. Firstly, they actively embrace new genres and innovative storytelling, prioritizing originality and narrative depth over broad popularity. Secondly, they offer customized programming that meets the needs of individual tastes, targeting unique fan bases. Lastly, they focus on producing multinational content aimed at the global market, allowing them to secure viewers not only in their home country but also on a global scale. Through these strategies, OTT platforms are strengthening their competitiveness in ways different from traditional terrestrial broadcasting.

Competition and Collaboration Between Platforms

As legacy media companies increasingly expand into the streaming space, competition has escalated. For instance, KBS and a long-established broadcaster operate their own streaming platforms, 'KBS Streaming Hub' and 'wavve', respectively, distributing their existing TV shows on internet-based distribution channels. This strategy helps preserve the market presence of legacy networks while engaging check here modern audiences. Meanwhile, the rise of alternative digital platforms is changing consumer behavior towards more on-demand entertainment.

Conversely, streaming providers are also expanding their dominance by working alongside traditional TV networks. Netflix has gained massive international recognition with Korean dramas like the breakout survival thriller and the supernatural dystopian sensation, leveraging the storytelling expertise of terrestrial broadcasters. This strategic alliance helps both parties maximize their potential, fostering a richer content environment. As a result, the distinction between traditional and modern media continue to blur.

Ultimately, terrestrial dramas and streaming platforms are both competing and finding common ground through their respective market tactics. network-produced content maintain established storytelling and mass appeal, whereas OTT services provide experimental and cross-border content. As strategic partnerships and merging between these platforms continue to expand, audiences can expect a more diverse and elevated entertainment experience in the future.

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