television

Home / Posts tagged "television"
Top 4 Challenges Faced by OTT Players in India

Top 4 Challenges Faced by OTT Players in India

McKinsey [1]reports that globally about 2.5 billion less-than-25-years-old digital customers spend 315 minutes daily on an average online. Keeping up with the trend, OTT subscribers in India is also witnessing a growing trend. According to a report by Ernst & Young[2], India had 250 million video consumers in 2017, of which 190 million were aged between 15 – 34.

Low-cost smartphones coupled with fall in data tariffs and increased internet speed will continue to drive greater demand for online content across India.  EY estimates that with the evolving OTT service consumption of the Indian audience video consumption can reach 500 million by 2020.

However, these opportunities have also thrown some strategic challenges to the OTT service providers in India. We list below four such challenges that the OTT providers need to address to succeed in the game:

Monetization

Reports [3]predict that the Indian digital advertising market will grow by 30 percent Y-o-Y to ₹120 billion in 2018, of which approximately ₹18 billion will be spent on the video. Despite the growth of online advertising, it comprises only about a fifth of TV advertising.

OTT players are exploring various revenue models – advertising, subscriptions, and freemium to achieve profitability. With the decrease in profitability from 90% to 40% despite the increase in advertising spends, OTT players need to provide a personalized quality viewing experience on a robust technology platform to ensure monetization.

Relevant content

With traditional TV, the audience paid a fixed amount for a choice of 200+ channels across genres, languages, and domains. As the paradigm shifts to ‘pay-for-what-you-watch,’ generating relevant content that will grab the audience attention and continue to get them hooked is a challenge. With the millennial getting into the habit of binge-watching, many often complain that after their favorite shows are over, not much is left to watch.

For OTT players in India, the fact that ‘content is king’ is now truer than ever. Though global players like Netflix are streaming global content, the need for quality regional content drives the viewership and subscriber rate.

Moreover, with a variety of content to choose from, OTT players are challenged to provide a personalized experience to the audience. Services need to improve content discovery and mapping functionalities to suggest content based on the viewer’s preference.

Video quality

For OTT services to rival broadcast television, they need to provide optimal viewing experience to the consumers without jitters or buffers. However, the current broadband infrastructure of India does not allow for that seamless experience everywhere. With the lower than average Internet speed, buffering does cost the OTT players almost a quarter of their audience.

OTT players are collaborating with telcos to bundle their entertainment offerings with 4G services to address this challenge.

Privacy & licensing

Streaming of live TV channels contributes to a bulk of traffic for the Indian OTT players. Live streaming also exposes them to privacy issues. With the growth of broadband, it is becoming increasingly difficult for OTT players to track piracy and illegal streaming.

Moreover, complex IP protocols, royalty definition, character rights, geographical restrictions, and platform diversity are not only impacting their revenue but also exposing them to copyright infringement risks.

OTT players are here to stay and grow in the coming years. Content and user experience will be the key for wider adoption of the service. For monetization the value needs to be shown with respect to viewer numbers for the advertisers.

[1] https://www.forgeahead.io/blogs/the-top-threats-and-opportunities-affecting-ott-today/

[2] https://www.moneycontrol.com/news/trends/entertainment/the-rise-of-ott-players-streaming-platforms-and-the-threat-to-the-box-office-2688531.html 

[3]https://brandequity.economictimes.indiatimes.com/news/digital/digital-advertising-market-to-grow-30-in-2018-report/64014990

5G – The Next Generation Network Is Here

5G – The Next Generation Network Is Here

Pace is the pin-up word in today’s world. Everything should be speedy, efficient, clear with minimum latency time. And it won’t be inappropriate to say that 5G or 5th Generation best represents that. 5G, the much anticipated future network aims at higher capacity communication network which is faster, denser and provides ultra-high-definition output. In short, better implementation of the Internet of Things.

Going by the predictions, there would be 550 million 5G subscriptions by 2022 and 10% of the world population would be covered by 5G networks. 1

5G in Television and Media

Who can deny the impact 4G has made on media and broadcasting industry? It became the trigger point of television’s changing landscape where it brought television viewing from a television set or our computers to individual mobile interface. It paved the way for huge consumption of mobile videos and helped expand the market for everything be it films, music, news, television shows, or any other form of video content.

5G network aims to surpass 4G standards manifolds in terms of data bandwidth, frequency, technology supremacy, high-quality streaming and reduced network congestion.

  • Disruptions Foreseen in Broadcast Industry

While 5G will provide us world class viewing experience, it could also open the door for some serious industry disruption.

  • Innovative Content

Content consumption will bear a major impact due to huge technical improvements in terms of speed and quality. Consumers will enjoy huge improvements with a significant decrease in download and upload speeds.

Almost zero latency is surely going to feed the impatient DNA of the viewers’. This will also help narrow the gap between quality and speed and live streaming of content and virtual reality content will see an uprise in the market forcing its creators for more innovative, original and creative content.

  • Value Chain Effects

The Internet has made ‘Content its King’ keeping major profit margins towards the content innovators. The onset of 5G is predicted to divert the route towards distributors forcing content providers to pay more for efficient streaming of their content.

  • Consumption Effects

Streaming content has been a winner to date with low costs and inferior technology being the key reasons. 5G bringing a major change in download speed bringing it down to microseconds will make downloaded content more feasible and popular in coming times.2

Challenges

But there are two sides to a coin. On one hand, it provides an ideal environment for television broadcast with its top class features like enhanced network speed and technology advancements, it also hints at becoming a threat to the standard ways with which we have watched content until now through cable, satellite, IPTV and broadcast providers, market of which is approximately $500 billion. 3

Some of the challenges 5G would bring in are :

  • Out of the box, content has to be offered to leverage the huge shift from contemporary to mobility.
  • Data rates would be something to watch out for as all advancements lead to increase in costs.
  • Stability and consistency will play a major role in the network’s success keeping in mind the continuous increase in the number of users.
  • The efficiency of end-to-end providence will determine the real-time feasibility of 5G network.
  • Huge investments would be required to upgrade the technology and meet 5G standards.

The Future

It is too soon to comment or anticipate the future of 5G Network. If we look backward, each generation which has come up has aimed at fixing flaws of its predecessors. First mobile network in 1980’s was followed by GSM in 1990. 3G arrived at the onset of the century and LTE rolled out in 2010. 4G was introduced to make consuming data a less unpleasant experience. The work is still in progress and if we go by statistics, 4G is yet to be even launched in various parts of the country.

But the trail seems to break here. It seems difficult to think of any major challenge we can put across 5G which is worth such huge infrastructural investments and changes. Right now, 5G is only a concept whose standards have yet to be established. It is likely to take few years to finalize the whole 5G structure. The foundations are being laid with lots of funding coming from EU, South Korea, US, and the UK to build up 5G research facility.

The momentum is surely building up. A super-fast, super-efficient wireless network is all set to make its mark in the media world by 2020.  It promises to provide us the ability to watch television content over a 5G network connection rather than fixed broadband, cable or satellite in its best form. In fact, the conjunction of speed and technological advancements can create an ideal environment for the television market.

The industry knows what it wants. Internet of things, telehealth systems, smart city infrastructure are some of the features set to figure in 5G thinking. What finally forms a part of 5G spectrum, only coming years would tell. 4

What will 2018 hold for media broadcasters?

What will 2018 hold for media broadcasters?

2018 will see broadcasters streamline their content, technology, and operations for a new segment of customers who consume content on-demand. Driven by the changing content consumption, we foresee media organizations looking at following:

Dawn of the OTT Era

Industry reports reveal that an average Indian consumes 8.5 hours of video content every month on Facebook and YouTube, which accounts for 47 percent and 42 percent of market share. Add the popularity of Over the Top (OTT) platforms like Hotstar, Netflix, Amazon Prime Video, Jio TV, and VOOT to that, and you’d realize that the way Indians consume digital content has changed over the years.

In India, the popularity can be attributed to access to faster and cheaper internet, affordable smartphones, and the wide range of content on offer. With over 460 million internet users, India is the second largest online market[1] whose smartphone penetration rate is expected to reach more than 28 percent by 2018.

While some broadcasters have already launched their platform like Ozee, others will pick this trend in 2018 and look at launching their platforms. Some may also look to optimize and produce their content on commercially successful OTT operators. Broadcasters will be seen investing in tools and technology to prepare their content and distribute it to CDNs.

Solving the Content Conundrum

OTT has changed the way content is created and consumed. As viewers consume content anytime, anywhere, and on any device, the demand for short-form, high quality ‘snackable’ content has been on the rise. Citizen journalism is gaining momentum, with viewers recording events and posting live on social media for the global audience.

Original, consistent, and addictive content is on demand. With players like Apple planning to invest over $1 billion in original content and Facebook spending a chunk of its marketing budget on content, fresh content production depending on current affairs, mood, and preference of the viewers is on the rise.

However, creating fresh consumable content is only one side of the story. To retain subscribers and provide a shared experience across devices, OTT providers also need to recreate the legacy content with proper archiving, metadata and tagging, and digitization. For this, broadcasters will need to dig into their archives to sort, organize, digitize, restore and optimize legacy content to enable easy search, access, and distribution of content across channels.

Embracing Virtualization

Newer digital broadcast avenues like OTT are creating pressure on traditional broadcasters to lower their Broadcast Operations and Engineering (BO&E) budgets. A survey by Devoncroft reveals that more than 40% M&E vendors have products that operate in a virtualized environment. While it is debatable if ‘virtualization’ refers to only IT infrastructure or the entire content supply chain, the fact is – new, small, and medium-sized broadcasters are gradually migrating their infrastructure to cloud-based solutions.

Moving to IP comes with the benefits of using a standardized connectivity and infrastructure to transport videos from locations to the central facilities and on to distribution. Therefore, broadcasters will continue digital transformation keeping content at the center of business to achieve faster time-to-market, scalability, and agility at a lower TCO.

Enhanced User Experience with 4K, HD Formats

A 2016-report by Chrome Data Analytics and Media[2] reveals that 8.34 million households in India have HD televisions, of which 89 percent have DTH HD connection and 11 percent have digital cable HD connection. However, only 9 percent or 91 channels out of 857 permitted private satellite television stations and more than 190 government channels in India are High Definitions (HD).

With the market share of OLEDs, 3D and 4K television increasing every day, viewers often forget to ask – does India have enough 4K and 3D channels? Wikipedia lists only five 4K channels and one 3D channel.

To address the change in viewership, media organizations will continue to upgrade their technical infrastructure to broadcast in HD or beyond (4K). With 2019 General Elections in sight, it is expected that news broadcasters will upgrade their technology, investing in workflows and solutions for presentation and analysis of election results in high definition.

To summarize, 2018 and 2019 will be the year of digital transformation and adoption of technology focusing on improving the viewer experience.

State of OTT (Over the top television) in India

State of OTT (Over the top television) in India

OTT or Over the Top Services has taken the broadcasting industry by storm and given a new dimension to watching content. There is a plethora of video content reaching consumers directly via internet bypassing traditional controllers or distributors.  In US, 57% of Wi-Fi households have OTT devices, Smartphones, most definitely the front runner of them all.1 Based on a recent study done in US measuring 12,500 homes and 150,000 devices, showed that four major OTT streaming services, namely Netflix (40%), YouTube (18%), Hulu (14%) and Amazon Prime Video (7%) account for 80% of viewing time rolling out programs from all across the globe.

OTT in India

OTT Services have climbed the popularity ladder rather quickly and has definitely come in a big way in India giving watchers a whole new experience. With the onset of ‘Digital’ becoming a national phenomenon across the length and breadth of the country, audio-visual content available on OTT platforms has gone viral. With more than 30 OTT providers and approximately 90 million active viewers, the temperature is only expected to rise in the coming times.

The launch of Star India’s Hotstar in 2015 proved to be a turning point in India’s OTT scenario. They were one of the first to have successfully blended world class technology with great content resulting in high viewership. And thereafter, many national and international players like Netflix, Voot, Amazon Prime Video, Viu, etc. followed, leveraging the ever growing popularity in this part of Asian Continent.

Furthermore, hi-speed 4G internet and free data packs with increased bandwidth being offered gave more power to consumers to view on the go. It upped the game forcing providers to aim for cutting edge content and seamless, high definition viewing experience.

Factors affecting OTT market in India

Multiple Players

The OTT market is segregated between original content creators, content aggregators and digital platforms owned by already established Television Broadcasters. For Voot from Viacom 18, where it is fiction and reality shows of TV on one side, they are going equally strong with tailor-made digital series as well. Also, Voot Kids and regional language content are equally big ROI churners. Foreign players like Netflix and Amazon Prime Video are banking high on investments made in acquiring videos and movies from across the globe. According to reports, Netflix has earmarked a whooping amount of $300 million to be invested in India in the coming times.

Cultural Structure

India’s social and cultural structure is an added advantage in this OTT content driven game. Being a multilingual market, it fuels up the demand for variety and compelling content. SUN TV Network has already launched its OTT platform, Sun NXT to facilitate viewers with portable content. But the early bird has been Viu which partnered with Annapurna Studios for Telugu originals Pilla and Pelli Gola with a surprise viewership of approximately 40% of regional language content. Foreign players are also not left behind. Amazon Prime Video are building a strong base of regional content through various licensing deals. Hooq, a joint venture of SingTel, Sony Pictures Television and Warner Bros. strategizes to offer Hollywood movies and famous US TV shows dubbed in regional languages. Increased investments pouring in non-Hindi market is expected to encompass close to 30% of total viewership in the years to come. As Indian language internet consumers surpass English content consumers, language-driven content will play a very important role in OTT players’ growth.

Demography & Infrastructure

With India’s urban market saturating slowly, the need to reach out to a wider audience is obvious to keep the business moving. Government’s initiative to connect the country digitally is just the right thing for OTT owners. Rural sector comprises a major part of India’s population and business experts have a major eye on them. Roll-out of 4G services, better infrastructure have aided in adding more viewership. According to statistics, internet use in rural areas which was 33% of the total internet population in 2013 is fast growing and is expected to reach approximately 55% by 2025 covering a major chunk of viewership. Smartphone users are expected to grow to 520 million by the end of 2020 which clearly means that individual content watching is going to outgrow the rest of the mediums.2

Pitfalls Faced by Platform Owners

  • Internet speed and its quality is the make and break point of OTT market. India, especially, will have to divert a lot of attention and finances to build up better digital infrastructure if it wants to break even in the global market.
  • New players will have to shell out more money to keep the business going. Entry costs are going to inflate. Also they have to keep the budget levels high for acquisitions in absence of library content which old players possess.
  • Technology is going to demand regular high investments in order to match up audience exposure and expectations. Today’s viewers expect seamless, high definition experience irrespective of the medium.
  • Content is the backbone of OTT world and originality and compelling and engrossing content would be the final winner. Repetitive or slackly produced content would be a strict no.
  • Irrelevant advertisements and micro second patience of viewers makes it a major problem where almost 60% revenue of the platform owners is lost in the hands of ad-blockers. Ad-tech company Amagi Media Labs is set to launch its Thunderstorm OTT Ad Insertion service in India, which is already working well in US and UK markets. It inserts ads seamlessly within the content stream and make ad-blockers ineffective. On the individual front, this nuisance can be controlled if advertisers start creating relevant and seamless ads which add some value to the consumers.

Future of OTT

Globally, OTT business is expected to grow from US$36.7 Bn in 2015 to US$158.4 Bn by 2025. 3

A major boom is foreseen in India bringing it closer to US which has always been the top contenders in content driven entertainment market.  Video accounts for India’s 51% data traffic which is set to rise to 75% by 2020. In terms of revenue, the Video-on-demand (VOD) market is anticipated to reach USD 168 million in 2021 from USD 64 million in 2017.4

Going by trends, it’s an exciting and an interesting phase in India, it being the second largest market for smartphones and having the biggest entertainment industry offering an entire ocean of content. But seeing how fickle minded Indian audience is, the onus would be completely on content, how original and diversified it can get. Infrastructure and high quality internet facility would also play a major role in it. Emphasis would be more on interruption free viewing at a lucrative price. It would be interesting to see how these entertainment carriers behave and strategies to be able to capture ever so changing consumer recall value and reach the winning end. 5

Top six trends that are shaping the future of television

Top six trends that are shaping the future of television

We don’t know how, when and why Television has always been called an Idiot Box world over. On the contrary, it is a smart device which has encapsulated our attention unabashedly over the longest period of time since its inception and the first television service by British Broadcasting Corporation in 1936. Today, even after 80 years, it rules our heart and is still a major source of entertainment and global information.

The television industry in the last few decades has grown extensively and the wave continues. Whether in terms of technology, state-of-the-art looks or content, many key players in a highly competitive market keep up with the pace of development. Advancements in terms of knowledge, exposure, urbanization, increased buying power and a continuous shift in user preferences keep the innovators on their toes to think beyond the edge.

In terms of technology, the end users might think that now the peak has arrived, and there is nothing more that innovators can come up with. But we also agree with the mystic power of human brain who, if one can anticipate the current trends, is surely preparing for something which will take television technology to an altogether another level of viewing.

Some of the trends that are shaping the future of Television include:

  1. Holographic TV

BBC has always been a front-runner as far as anything concerned with TV goes. It has trialed for a technology and content wherein a fairly big size TV is laid flat and simple, old Victorian theatre techniques are used to create 3D images which seem to float in the air.1

Though a Holographic TV is still at its nascent stage the initiation is applaudable.

  1. Data Analytics

The revolution, “Big Data Analytics” aids smart viewership. Early adopters like Netflix have used it extensively to create a niche and specialize in the domain as creative as content production. We hope to see it being widely adopted, more hands-on to optimize produced or acquired content. The steps are simple; behavioral data is collected from various sources, classified and judged to help identify end-user preferences.

  1. Virtual Reality

In terms of technology, Virtual Reality predictably is the next big thing which aims at completely revolutionizing the concept of TV watching. It’s an ever-growing popular culture wherein a consumer after wearing a VR headset can explore virtual, computer-generated worlds. It replicates an environment and simulates user’s real-time presence and allows full interaction. VR, when integrated with TV shows can help a user be a part of that show. Looks a bit far-fetched at the moment, but not too far also. In fact, Director Steven Soderbergh’s new ambitious project Mosaic, an interactive narrative app is a perfect example of this concoction. It is due to release soon where the audience becomes a part of the narration and gets the leverage to decide how the story should unfold. It’s a new way of storytelling and irrespective of its response and real-time success paves way for more such experiments.2

  1. Virtualization

Virtualization creates an ecosystem where independent services can share a common platform. It will surely take some time to realize this completely but cloud-based broadcasting wherein the content is put on public clouds for smooth broadcasting and viewing experience, is fast catching up. In fact, coming years will see major investments in cloud solutions. It does away with huge hardware investments and their maintenance and broadcasters benefit in terms of scalability and high levels of efficiency. They are extremely cost-effective with reduced turnaround time and helps manage viewer demands to a large extent. Predictably, a cloud utility model is surely going to turn Broadcasters into Orchestrators whose job would be to deliver aggregated content. The transition is already on its way. Key players like BBC, Disney/ABC Television have started making the shift as the world moves towards Virtualization. 3

  1. Immersive and Interactive Experience-Augmented Reality

Technologists have always aimed for maximum consumer participation. Tools are being developed to involve our sensory powers to blur the line between the real and digital world thereby making the viewer part of the content. A mid-world is created where 3D and 4D images give the brain a real-time perception and the user feels more involved. 3D audio effects surround sound helps manipulate a sound one hears and provides a more real-time effect. One can easily confuse this with Virtual Reality but Augmented Reality deals more with the real world. It enhances the experience by adding drama to it. And Broadcasters are making hands-on use of it by developing more interactive and engaging shows with maximum audience participation.

Plans to introduce Interactive Advertising by Channel 4 on British TV is one step forward to it where watchers would enjoy the liberty to choose different ads, watch different content or even buy the products instantly.4

  1. Humanoids, AI comes to Television Broadcasting

Robots have always fascinated us since time immemorial. Recently, a real-time robot or a Humanoid, Sophia surfaced on BBC television featuring as a spokesperson on BBC’s Earth TV. It is made of frubber (flesh rubber) and is highly sophisticated. It has a human face and also emulates real-time human emotions. It is not functioning in artificial intelligence. Rather it has scripted answers. One can only anticipate the whole experience of television watching in the future with more such humanoid interactions. 5

On the Whole

Above are some of the trends observed that are going to shape the future of TV. And it doesn’t stop here. The list is ever growing. Technologists and innovators are constantly aiming for utmost consumer participation and keep them more involved and engaged. Broadcasters are trying really hard to absorb new technologies and amalgamating them to give their audiences different forms of experiences thereby entertaining them. The game is actually to play with the human mind and show them something which ups their curiosity level. It is a new age fairy tale times which is illusionary and beautiful and forces one to be a part of those moments.

News in the Digital Era: Tips for Broadcasters

News in the Digital Era: Tips for Broadcasters

Do you prefer reading news on social media? If your answer is yes, you belong among 51%[1]  of the population who prefer so. Research by Reuters Institute reveals that 64% of the population between the age group of 18-24 rely on online media for information.

Which makes us wonder – is digitization transforming the way viewers consume content? As the F.O.M.O. and the favor of personalization over objectivity give rise to social media and aggregators like ‘In Shorts,’ ‘Feedly,’ and ‘Digg Reader,’ do traditional media need to change their broadcast/distribution strategy to retain the audience?

In an age where what goes ‘viral’ sells, here are some tips to utilize the power of digital media to capture the audience.

Intriguing Storytelling: While the information remains the same, how the broadcaster presents it is what pulls and retains the audience in the ‘mobile first’ world. With the same story available across multiple platforms, readers look for a unique perspective, and perhaps, an intriguing way to share the same news. To retain the audience, storytelling has to change – it has to be short, visual, timely, and hyper-relevant.

‘Snackable’ Content: According to Forbes[2], adding infographic is a sure shot way to boost news traffic, as 90 percent of what we remember is based on visual impact. Short-form videos play a vital role in capturing the viewer’s attention for a longer time, thereby driving user engagement and revenue.

Explainer Videos: With the information overload that comes with the Internet, an average person is attacked by the equivalent of 174 newspapers of data a day. Explainer videos are a great way to cut through the information overload. Focusing on the facts, explainer videos often have only subtitles without any sound highlighting the crux, which usually works well for breaking news.

Focus on Soft News: Humans are primarily driven by emotions. Therefore, viewers tend to connect more with the soft news that has a strong emotional element. A simple story presented objectively with an emotional perspective works better for news broadcasters.

Choosing the Right Distribution Platform: With offsite news video consumption growing fast, broadcasters need to focus on the distribution channel to ensure maximum reach. For example, videos uploaded to Facebook or shared on Twitter get more views than those uploaded on the website. Therefore, sharing the breaking news on social media, and do a follow-up story with detailed analysis and context for the website will have more viewers than uploading a detailed video on the website.

Going Live: Thanks to the video appeal, user engagement, ‘in the moment’ value, and instant feedback, live video has become an interesting trend in the broadcast industry. With Facebook Live, Snapchat, YouTube, and Periscope allowing wider reach, media houses are competing to bring interesting and valuable live videos to their customers.

Having Defined Goals: Not all content is created with the same purpose. While the cyberspace is flooded with news and videos, each trying to carve a niche and attract the audience, a broadcaster needs to have defined goals like monetization, engagement, or brand extension before generating the content. It is important to have a strategy in place, which the broadcasters should review and refer to at regular intervals.

Creating Video Community: Media houses are increasingly turning to platforms like Talenthouse, Tongal, and Zooppa to have new video content that explains key issues simplifying business/hard language. Creating video community is a great way to crowdsource ideas in thousands, connect with the audience and empower them, and create a loyal viewers’ community.

Having Ready-made Templates: News, if not communicated as soon as it breaks, become stale. Therefore, it is important not to waste time in deciding the ideal content format or creating videos from scratch. Having templates for various kind of news across different platforms enable quick packaging and sharing of videos and news, thereby helping broadcasters share information as soon as it happens.

As broadcasters embrace the new digital world and make their presence more prominent across online platforms, it is important to have a right strategy to ensure increased engagement with the audience.

The Tube Goes Personal- My Television, My Time, My Way

The Tube Goes Personal- My Television, My Time, My Way

The Tube Goes Personal

It was just another lazy Saturday noon at 41, Manchester lane for the Smiths. Everyone in the family was busy with their routine weekend affairs. Jenny was busy with her preparations for the dinner they were hosting for their family friends and was hoping to get a helping hand from her teenage kids Amber and Alex. She exclaimed looking at her teenage son, Alex “God knows what these kids to up to! They are always hooked to their mobile phones and iPads.”  It was half past seven and Alex was still completely engrossed in his tablet, watching something with rapt attention. Out of sheer curiosity and a bit of anger, Jenny took a peak into Alex’s screen trying to figure what he was glued to.

What Alex shared was a revelation for his mother. He explained how he can catch up on his favorite TV series on his smart phone or a tablet as and when he gets time. The very thought of watching her favorite shows without having to fight for the remote made Jenny smile, and she was super excited to learn that she can enjoy all of her sops simply by downloading an app on her mobile.

A global research suggests that an adult-internet user spends almost 20 hours per week online – consuming media. Interestingly, for the first time ever, Britons will spend around GBP 1.31 billion on video streaming subscriptions and film/TV downloads in 2016, more than on buying and renting DVDs.

My Television, My Way:  Happy Viewers

Television has been constantly reinventing itself and today, it has transformed itself from an idiot box to a smart device offering a personalized experience.  There were times when watching television was a family affair but with growing options, reach and changing preferences, there is a major change in content consumption patterns. While the previous generations fret over missing an episode, the modern viewer is consuming content in a whole new way.

OTT services providers like Netflix, Hulu, Amazon , beIN Connect etc. are now offering subscription based services to consumers on one end and are investing on sourcing content. Netflix has even taken a step forward by entering into production of content.

Cord cutting (the term used for viewers cancelling their television subscription services for alternate content sources) is now catching up with millennials around the world. As a viewer, on-demand TV gives them a choice to watch the content they like anytime, anywhere and on any device.

Getting Heard:  A Marketer’s Delight    

OTT, SVOD, Mobile TV are a fantastic medium for marketers to reach out their audience. Not only does it offer targeted advertising options but it offers meaningful insights for marketers to analyze and optimize their campaigns.  The result is impactful campaigns, reduced media spill and improved ROI.

Feed the Appetite: Content for the Consumers

With this trend shift, the industry is more focused on creating content to cater to the diverse set of viewers. While creating new content is important, re-purposing old content to make it accessible is also equally important. Digitization and management of old content in various formats is necessary for the survival of the heritage. Because, the new generation may not have read the works of Jane Austen, but chances are they would not have missed ‘Emma Approved’, the web-series based on her popular novel Emma.

Watching the 70’s Top of the Chart Movies on a 4K OLED Television

Watching the 70’s Top of the Chart Movies on a 4K OLED Television

Watch your yesteryears come to life!

How would you feel if on a lazy Sunday afternoon, the great white shark from the Jaws (1975) suddenly comes to life in your living room? Or, if you could trade a session of Star Wars on PS4 with your child for the movie?
The movies we grew up on, which made us believe in another world from another time and space are threatened. Yes, just like the genetically engineered dinosaurs that we flock to watch in theaters, our next generation would perhaps never know the excitement of watching Star Wars on screen. To them, perhaps Star Wars would be synonymous to a game you play on the play station.

How would you feel if you can gift your childhood to your child?
With the age of digitization, it is possible. As film historians struggle to save a century of history, they believe that the current state of film restoration in high quality and clarity of 4K resolution is setting a new aesthetic standard.

The rise of digital restoration has been recent. Lee Kline, technical director for The Criterion Collection , says, “We can finally call these restorations. That’s because 4K digital scanning of source material, preferably but not always old film negatives, comes close to the same image quality as traditional 35-millimeter film prints. And it is twice that of the previous (and still prevalent) high standard for digital restorations, 2K.”
Interestingly, digital archiving comes at a time when people are willing to consume good content – be it old films or videos across devices, and are ready to pay for the experience.
4K Organic Light Emitting Diode (OLED) television gives the viewers that experience. With a resolution of around 8,294,400 pixels or 4K progressive, 4K OLED TVs accurately render colors and provides super sharp images that almost border on life like.

So while film historians restore and preserve the digital assets from various factors like moisture, heat, and natural calamities, go ahead, grab a tub of popcorn and watch your childhood come alive in a 4K OLED television.
You can thank the digital asset managers later!