We’ve moved a long way since the soundless black-and-white TVs. The modern television sets include 4k technology, mind-bogglingly progressive surround systems and a variety of channels and content, enabling everyone to find something they relate to. With the Tivo technology and the advent of streaming, you can simply access the program that you might have missed, so rushing home in order to catch the brand new episode of your favorite TV show or a sports event has been rendered obsolete. Even with these technological advancements, the things are still changing and the top networks are simply compelled to learn how to swim in the perpetually fluctuating tides. Here’s a list of changes to expect in modern-day television.
Television and the New Economics
The television’s revenue is based on subscriptions and advertising, with the exception of HBO and Showtime – networks which are based solely on the former. Other channels (the vast majority of them) have to work with hybrid models, by receiving fees from cable providers, while selling advertising. This trend, however, is on its way out – Netflix charges less for their streaming-based services, which allows them to achieve similar earnings as other TV networks. Also, HBO is slowly updating their business model with the introduction of HBO Now, indicating there’s a broader trend towards incorporating streaming into the TV channel offer.
While on the subject, streaming has already become a huge worry for the television networks. Up until recently, the network and bandwidth capacities at hand have been unable to make large file streaming convenient. Well, the network has managed to catch up with these requirements – the live linear television content prerequisites have finally been met – the necessary infrastructure is finally here! Now, the network companies have quite a bit of catching up to do in the streaming video technology department.
New Ways of Programming
Cable services are speedily growing out of trend – to put it simply, the reasons for maintaining the cable payments are few and unconvincing. When it comes to TV shows, HBO and Netflix are your place to go (additionally, these companies do release the majority of TV content nowadays); when it comes to the remainder of programs, well, that’s what Hulu Plus is for! If this isn’t enough for you, going with TV antenna Installation is always a cheaper option than paying for cable! When combined, all of these upgrades cost roughly the same as cable, but also bring a ton of features that it simply doesn’t offer. Cable is on its way out!
Doubtlessly, you’ve heard about the cloud! However, you might’ve also heard about the security risks involved here. Well, the safety threats are gradually dwindling and the cloud has managed to make its way into TV programing. Nowadays, the cloud technology is considered the most disruptive technology out there! Now, the only way the cable TV can hope to remain afloat is by offering additional services, such as home security, which, quite frankly, does sound downright ridiculous, but hey, whatever keeps the business going!
This picture of the TV future might’ve looked weird a decade ago, but it’s simply where things are at the moment. The cable television is likely to fold and if it doesn’t, we’ll be looking at something completely different than what it is now. The bottom line is this: every network company out there is aiming towards achieving the goal of complete user-based personalization. Feeding the population with generic TV programs is slowly becoming a thing of the past and rightfully so! The users should not only be able to decide if they’ll watch TV content, but also what they want to watch, at all times!