Why Are There So Many Tv Streaming Services?
Art And Entertainment Published onGone are the days when television was limited to a few TV services. The possibilities are expanding every day. There are currently over 300 streaming services available in the US alone. This advancement is rich enough and well suited to the needs of the audience, but is it practical? A study conducted by Deloitte found that half of people are simply frustrated by having to constantly switch between TV streaming services to find the content they want to watch. Variety can indeed be overwhelming, and less is probably more in this case. But why are there so many TV streaming services? Keep reading to find out the answer to this question.
Just a few years ago, if someone decided to switch from cable to a wireless streaming service, their options were very limited. As the concept gained popularity, demand grew, and more companies were forced to develop streaming services. Businesses and networks are continually building and developing content to increase their visibility in the current market.
However, content creation is not a cheap business. In a competitive market, streaming services have no choice but to enter the market and prove themselves through projects that guarantee the desired results. Some companies automatically have an advantage over others because of their connections. For example, Hulu is owned by Disney, which gives it an advantage over its competitors. In August of this year, Disney bundled Hulu with Disney+ and ESPN. Such attractive offers are easy to sell to loyal customers.
On the other hand, Netflix is under constant pressure to create new content to fill this gap in the market. If you have a Netflix subscription, you've probably noticed that Netflix prices have increased. This is done to cover the cost of content creation.
Another strategy for expanding the market for these streaming services is to offer exclusive offers. This means that certain TV shows are exclusive to that streaming service. Those who follow this particular broadcast avidly should subscribe to this service, regardless of the other content offered. Disney+ already blocks the popular TV show Marvel. Meanwhile, Warner Bros. plans to stake a claim on "Friends." It's no surprise that NBCUniversal acquired The Office.
It's so fun to have 10 different subscriptions and access to all your favorite TV shows. Paying each of these bills on top of the others can be quite a hassle. If you're a sports fan, you can probably relate to this on another level. Individual leagues may require subscriptions to different streaming services. Keeping up to date with the game can not only be very confusing, but it can also cost you a lot of money.
Adding to the already confusing landscape is the introduction of Apple TV+. The American multinational just launched its TV streaming service in the fall, and it will be interesting to see what impact this will have on the already bloated TV streaming market. Additionally, WarnerMedia will launch HBO Max, followed by NBCUniversal with its Peacock service. The great players made all the right noises, but what can we expect? cost analysis
The more TV services you have, the more choices you have, and the more confusion you have. The TV streaming industry takes advantage of this very fact: your indecision. Vulnerability to subscribing to any service (or multiple services) at the same time. How much money are we talking about here? We've compiled a list of the most popular live streaming services and their associated costs. TV streaming service
Monthly fee
• YouTube TV
$49.99
• Hulu
$5.99
• Hulu/Disney+/ESPN bundle
$12.99
• Netflix
$12.99
• HBO
$14.99
• ESPN+
$4.99
• Sling Orange
$20; PlayStation Vue:
$35
On average, a person is likely to subscribe to two to three of the streaming services listed above. If you live in a bubble where TV streaming services are still out of your budget, you may want to take another look at your pricing. The above list also excludes sports TV streaming services. Since each league has its own streaming service, the number of subscriptions that sports fans need to subscribe to is huge.
solution
At some point, you may feel completely trapped by all these streaming services. So what's the solution? You can start by making some plans. Find out which TV streaming services offer quality content.
The good thing about TV streaming is that you can unsubscribe at any time. This means you can use a particular TV streaming service until an episode of a show airs, and then unsubscribe once the season ends. It requires a little extra effort, but it can save you a lot of money.
Another tip for saving money on expensive TV services is to keep the free trial for as long as possible. I'm sure most of you are already doing this, but if you plan and do it, you can save a lot of money. Pay only for the content you view. Nothing more, nothing less.
Where are we going?It's safe to say that most of us have ditched our Cat 6 connections along with our cable bundles and entered a whole new era of wireless TV streaming. At the current pace, there will be at least twice as many TV streaming services next year as there are today. Streaming wars and the race to be the best show are just part of this madness. The real question is, do you want to get caught up in this madness? It may be too late to go back to cable TV, but it's never too late to unsubscribe from the dozens of streaming services you use. It may take some time to get out of this mess, but it's the only way. Good luck!
Shawn Mike has been working with discerning clients for over five years. His educational background in technology and business has given him the opportunity to write on many topics. He occasionally writes blog articles for Shireen, Inc., a coaxial cable manufacturing company.
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