3 problems faced by OTT/entertainment industry and why gaming is a potential solution
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Introduction Never say never. Netflix co-CEO Reed Hastings says the streaming platform is now open to offering its services at a lower-priced, ad-supported tier. Hastings’ remarks arrive after the streaming giant reported a decline of 200,000 subscribers during its fourth-quarter earnings late Tuesday, its first loss in subscribers in more than a decade. Players like Hulu, Discovery+, HBO, and Disney+ have already moved into the ad-supported landscape or announced plans to do so. Reed Hastings has been very clear in the past about not complicating the subscription model by adding advertisements. Well, he has a point, but in today's world where the user has so many options to switch services, OTT service has to come up with an arrangement that makes money through alternate sources. Finding this alternate revenue source is
3 problems faced by OTT/entertainment industry and why gaming is a potential solution
3 problems faced by OTT/entertainment…
3 problems faced by OTT/entertainment industry and why gaming is a potential solution
Introduction Never say never. Netflix co-CEO Reed Hastings says the streaming platform is now open to offering its services at a lower-priced, ad-supported tier. Hastings’ remarks arrive after the streaming giant reported a decline of 200,000 subscribers during its fourth-quarter earnings late Tuesday, its first loss in subscribers in more than a decade. Players like Hulu, Discovery+, HBO, and Disney+ have already moved into the ad-supported landscape or announced plans to do so. Reed Hastings has been very clear in the past about not complicating the subscription model by adding advertisements. Well, he has a point, but in today's world where the user has so many options to switch services, OTT service has to come up with an arrangement that makes money through alternate sources. Finding this alternate revenue source is