BROADCASTING VS. STREAMING EVOLUTION: HOW LEGACY NETWORKS AND DIGITAL BROADCASTERS REDEFINE THE MARKET

Broadcasting vs. Streaming Evolution: How Legacy Networks and Digital Broadcasters Redefine the Market

Broadcasting vs. Streaming Evolution: How Legacy Networks and Digital Broadcasters Redefine the Market

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Terrestrial dramas have long been established as widely recognized TV shows, produced and broadcast through traditional broadcasting stations. In contrast, online services are digitally distributed 후후티비 우회 streaming platforms, with Netflix, Watcha, and domestic platforms being leading competitors. As audience preferences evolve, competition between network-produced series and OTT services has become fierce. Consequently, each platform is creating exclusive releases and employing adaptive strategies to maintain relevance.

Differentiation Strategies of Terrestrial Dramas

Terrestrial dramas focus on providing productions with broad audience reach while maintaining traditional storytelling methods. In particular, they actively highlight celebrity performers to increase viewer engagement and produce narratives that capture the interest of a diverse demographic, thereby securing a consistent fanbase. Additionally, leveraging their historical credibility and brand trust, they continue to offer traditional stories, ensuring reliable audience numbers. This allows audiences to find more ways to engage with traditional content through various platforms.

Differentiation Strategies of OTT Services

OTT providers are expanding their influence by employing approaches distinct from legacy media. Firstly, they actively incorporate new genres and experimental formats, prioritizing artistic direction and artistry over mainstream success. Secondly, they curate customized programming that meets the needs of individual tastes, targeting unique fan bases. Lastly, they focus on producing globally accessible media aimed at the global market, allowing them to secure viewers not only within their region but also across different cultures. Through these methods, OTT services are building industry dominance in ways different from conventional TV networks.

Competition and Collaboration Between Platforms

As legacy media companies increasingly penetrate the digital entertainment industry, competition has escalated. For instance, KBS and a long-established broadcaster operate their own OTT services, 'KBSon' and 'wavve', respectively, distributing their existing broadcast content on digital platforms. This initiative helps maintain the influence of established TV channels while engaging modern audiences. Meanwhile, the rise of new media services is shifting audience preferences towards more flexible viewing options.

Conversely, streaming providers are also expanding their dominance by working alongside traditional TV networks. A leading global streaming giant has gained massive international recognition with K-content hits like the breakout survival thriller and the supernatural dystopian sensation, leveraging the drama production capabilities of Korean TV networks. This synergy helps both parties maximize their potential, fostering a more dynamic industry. As a result, the lines between terrestrial and digital platforms continue to blur.

Ultimately, terrestrial dramas and streaming platforms are both fighting for dominance and finding common ground through their respective differentiation strategies. Terrestrial dramas maintain established storytelling and general audience focus, whereas digital platforms provide genre-defying and internationally appealing content. As collaboration and cooperation between these platforms continue to develop, audiences can expect a richer and enriched entertainment experience in the future.

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