How technology is shaping the Entertainment Industry
The ever-changing technology is also responsible for the drastic changes in how we entertain ourselves. Back in days, TV was the only source of entertainment. The favorite drama in the mealtime with a lot of ads and gaps. Now, the trends have changed and are more available than ever. Books are being made into series and movies decreasing the need to read them. Movies have hidden messages and are predicting the future.
Fast paced Internet
The speed of the internet came as a blessing for the entertainment industry. Hours spent in downloading a movie or game shrunk to minutes. Gone are the days of download songs and forming playlist, because YouTube is available even on mobile data. The dial-up connections that were easily discounted are replaced my high-speed internet so the gaming stays uninterrupted. No need to buys records and albums because each and every song is available on YouTube. Remix, as a bonus feature is also there.
With the fast-paced internet came the online streaming services. The good thing about these services is the ad-free viewing of the favorite content bad thing you have to pay. The availability of online payment methods worldwide has allowed these services to be widespread and common. Although the cable TV and dish TV is still common the data suggests that 50% of these people are also inclined towards the app that is available online. Such as Netflix and Hulu.
Personalized payment methods
With online streaming, the users are moving more towards personalized payments. By this we mean the users paying for only the stuff they are viewing. For example, if Netflix gives the update of payment from shows to show so you will only pay for the shows you are watching. Such update is yet to be seen if it is consumer and provider friendly or not.
Availability of internet has enabled the viewing of content online. With internet enabled smart TV, the user can now view the content of the internet on TV as well. The smart TV Support a wide range of application. Some are YouTube enabled and allow no stop streaming of it. While others provide the more elaborated option to the users.