The Rise of Streaming Services
Netflix has revolutionized the way we consume television. By offering a vast library of TV shows and movies at a low monthly cost, Netflix has disrupted traditional TV viewing habits. In this lesson, we will explore the impact of Netflix on traditional TV and how it has changed the way we watch television.
One of the most notable impacts of Netflix on traditional TV is the emergence of binge-watching. With an entire season of a show released at once, viewers can now watch an entire series in a day or two, rather than having to wait for each new episode to air each week. This has led to a shift in the way TV shows are produced, with many shows now being produced with the binge-watcher in mind, with storylines that flow seamlessly from one episode to the next.
Netflix has also disrupted the traditional TV business model. With no advertisers to please, Netflix has the freedom to produce content without the constraints of ratings and demographics. This has resulted in a wave of critically acclaimed shows, such as Stranger Things and Orange is the New Black, that might not have been produced under the traditional TV model.
Finally, Netflix has also changed the way we think about international TV. By offering a global platform, Netflix has made it easier for foreign TV shows to gain a worldwide audience. Shows like Dark from Germany and Money Heist from Spain have become international hits thanks to Netflix, and this trend is only set to continue as more and more foreign shows find a global audience on streaming platforms like Netflix.
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