BROADCASTING VS. STREAMING EVOLUTION: HOW TRADITIONAL MEDIA AND DIGITAL BROADCASTERS INNOVATE

Broadcasting vs. Streaming Evolution: How Traditional Media and Digital Broadcasters Innovate

Broadcasting vs. Streaming Evolution: How Traditional Media and Digital Broadcasters Innovate

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Terrestrial dramas have long been established as widely recognized TV shows, produced and broadcast through traditional broadcasting stations. In contrast, streaming services are digitally distributed streaming platforms, with global streaming giants, regional streaming services, and domestic platforms being leading competitors. As media consumption habits evolve, competition between network-produced series and digital streaming platforms 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 widespread popularity while maintaining classic narrative structures. In particular, they actively cast star actors to boost ratings and produce television series that appeal to a broad spectrum of viewers, thereby securing a loyal audience. Additionally, leveraging their historical credibility and brand trust, they continue to deliver time-tested formulas, ensuring consistent success. This allows audiences to explore different channels to engage with long-standing formats through various mediums.

Differentiation Strategies of OTT Services

OTT providers are expanding their subscriber base by employing strategies distinct from legacy media. Firstly, they actively adopt unconventional narratives and unique structures, prioritizing creative risk-taking and cinematic quality over broad popularity. Secondly, they offer customized programming that caters to specific interests, targeting niche audiences. Lastly, they focus on producing international releases aimed at the global market, allowing them to secure viewers not only domestically but also on a global scale. Through these approaches, OTT services are strengthening their competitiveness in ways different from conventional TV networks.

Competition and Collaboration Between Platforms

As major TV networks increasingly penetrate the digital entertainment industry, competition has escalated. For instance, one of Korea’s leading networks and a long-established broadcaster operate their own streaming platforms, 'KBSon' and 'wavve', respectively, making available their existing produced series on digital platforms. This initiative helps preserve the market presence of legacy networks while engaging modern audiences. Meanwhile, the emergence of alternative digital platforms is changing consumer behavior towards more flexible viewing options.

Conversely, OTT services are also expanding their dominance by partnering with terrestrial broadcasters. A leading global 후후티비 우회 streaming giant has gained worldwide success with K-content hits like 'Squid Game' and 'Hellbound', leveraging the storytelling expertise of traditional industry leaders. This synergy helps both parties maximize their potential, fostering a richer content environment. As a result, the boundaries between network TV and streaming continue to fade.

Ultimately, legacy TV series and OTT services are both rivaling each other and seeking collaboration through their respective unique approaches. Terrestrial dramas maintain traditional genres and mass appeal, whereas digital platforms provide experimental and internationally appealing content. As collaboration and cooperation between these platforms continue to grow, audiences can expect a more diverse and enhanced entertainment experience in the future.

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