BROADCASTING VS. DIGITAL TRANSITION: HOW TERRESTRIAL PLATFORMS AND NEW STREAMING GIANTS REDEFINE THE MARKET

Broadcasting vs. Digital Transition: How Terrestrial Platforms and New Streaming Giants Redefine the Market

Broadcasting vs. Digital Transition: How Terrestrial Platforms and New Streaming Giants Redefine the Market

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Terrestrial broadcast series have long been established as popular TV shows, produced and broadcast through major network broadcasting stations. In 후후티비 새주소 contrast, streaming services are web-powered streaming platforms, with Netflix, Watcha, and domestic platforms being leading competitors. As media consumption habits evolve, competition between network-produced series and OTT services has become fierce. Consequently, each platform is creating original productions and employing adaptive strategies to stay ahead.

Differentiation Strategies of Terrestrial Dramas

Terrestrial broadcast series focus on providing productions with high mass appeal while maintaining classic narrative structures. In particular, they actively highlight renowned leads to increase viewer engagement and produce dramas that appeal to a diverse demographic, thereby securing a broad viewer base. Additionally, leveraging their long broadcasting experience and established reputation, they continue to offer traditional stories, ensuring reliable audience numbers. This allows audiences to have multiple options to engage with network television through various mediums.

Differentiation Strategies of OTT Services

OTT platforms are expanding their market by employing tactics distinct from legacy media. Firstly, they actively embrace new genres and unique structures, prioritizing originality and cinematic quality over mainstream success. Secondly, they provide customized programming that aligns with specific interests, targeting specialized demographics. Lastly, they focus on producing globally accessible media aimed at the worldwide audience, allowing them to attract subscribers not only domestically but also across different cultures. Through these methods, OTT services are strengthening their competitiveness in ways unlike traditional terrestrial broadcasting.

Competition and Collaboration Between Platforms

As legacy media companies increasingly enter the digital entertainment industry, competition has escalated. For instance, KBS and a long-established broadcaster operate their own OTT services, 'KBSon' and 'MBC Digital', respectively, providing their existing TV shows on internet-based distribution channels. This strategy helps preserve the market presence of legacy networks while attracting new viewership. Meanwhile, the growth of new media services is reshaping viewing habits towards more flexible viewing options.

Conversely, streaming providers are also solidifying their influence by partnering with legacy content producers. Netflix has gained a global following with Hallyu series like 'Squid Game' and the supernatural dystopian sensation, leveraging the storytelling expertise of traditional industry leaders. This synergy helps both parties complement each other’s strengths, fostering a richer content environment. As a result, the lines between terrestrial and digital platforms continue to become less defined.

Ultimately, legacy TV series and streaming platforms are both rivaling each other and finding common ground through their respective differentiation strategies. network-produced content maintain established storytelling and general audience focus, whereas OTT services provide genre-defying and cross-border content. As synergy and integration between these platforms continue to grow, audiences can expect a wider-ranging and enriched content environment in the future.

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