MEDIA AND BROADCASTING

Why video streaming needs to stop fighting the last consumer war

TIM MULLIGAN | May 28, 2021

Video streaming services have achieved mainstream engagement, with binge viewing now eclipsing linear TV viewing as the leading form of TV show consumption. While the digital disruptors may revel in their newfound status as the masters of TV consumption, and the TV and film industry are forced to adapt to this new reality, a subtler shift in mindset needs to occur. Streaming services, led by subscription video on demand (SVOD) hegemon Netflix, still operate in the mindset of having a digital native consumer base. For these streaming incumbents, the success of SVOD still rests upon their ability to appeal to younger consumer bases who have a) grown up in a digital environment, and b) are by definition young and eager for new and constantly evolving consumer experiences. Add to this the post-second world war presumption that popular entertainment should always be youth-centric focused, and streaming is still de-facto a youth-orientated proposition.

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Zenviba Omnimedia Company

Zenviba Omnimedia Company provides fully integrated C3 content creation, curation and circulation. Creation: Art Patrons were the original venture capitalists. We offer dynamic international multicultural creatives from wide-ranging disciplines our capital, culture of enthusiasm for innovative endeavors, knowledge, tools and invaluable relationships to converge and work side by side as entrepreneurs in a spiritually vibrant ecosystem conducive to inspiration and exploration, free of constraints and conflicts to imagine a world where anything and everything is possible. Curation: We produce, publish, aggregate and syndicate various content in art, fashion, music, sports, entertainment, news, education, diplomacy, finance, technology, event planning and management, as well as public relations and public affairs to eloquently deliver a message or position a brand. We are experts in breaking down barriers, banishing stereotypes and dispelling ignorance by relating experiences that make us

OTHER ARTICLES
MEDIA AND BROADCASTING

The new chair of the FTC and antitrust 2.0

Article | June 22, 2021

The appointment of Lina Khan on June 15th to chair of the Federal Trade Commission (FTC) is poised to be a transformational one in the history of the world wide web. Khan came to prominence with an article in the Yale Law Journal, Amazon’s Antitrust Paradox, which identified the paradox of hegemonic tech service providers which bypass the US’ strict competition laws by offering lower prices to the end consumer. Under US antitrust law, the driving indicator of market monopolies are higher prices for the consumer – under this strict definition, none of the tech majors which dominate the digital economy are monopolistic. Indeed, some such as Alphabet and Facebook do not even directly charge the end user for their services. So, while both Google and Facebook dominate the global digital ad market, making an antitrust case against them under the current 20thcentury era regulatory framework is nigh on impossible. However, the absence of meaningful competitive challengers to these two incumbents in search and social advertising over the previous 15 years, despite the lucrative high margin business opportunities, implies that the competitive market is not performing according to classical economic theory. Khan has built a subsequent career on trying to square this circle, and now the Biden Administration has empowered her as the key instigator of the sweeping regulatory update required for a digital-first century.

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BUSINESS

The rise of the introverted salesperson

Article | May 25, 2021

The shift to virtual selling has upended the status quo for many sales teams across the country and around the world. I firmly believe, as I’ve said before, thatnearly everything can be sold over video— and in many ways the virtual sales process makes it easier for sales reps to connect with customers and build trust.Still, there has been a great deal of resistance, and some organizations have just tried to wait it out, hoping that once COVID passed, they could go back to normal.

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VIRTUALIZATION

Netflix versus Amazon Prime Video – depth versus breadth

Article | June 10, 2021

The first half of 2021 has been a year of continued change and disruption for subscription video. The global incumbent subscription video on demand (SVOD) leaders, Netflix and Amazon Prime Video, have been busy signalling to the financial markets how they intend to entrench their market dominance in light of the ongoing market acquisition pushes unleashed by the D2C disruptors following the D2C ‘big bang’ moment of Q4 2019 – Q2 2021. Netflix announced in January that it was no longer going to borrow on the financial markets to fund its day-to-day operations – specifically for its content acquisition budget, which is now driven predominately by commissioning original content for its service. This leaves the SVOD leader with $14.9 billion of outstanding long-term debt to service as it seeks to live within its means by commissioning future content from its ongoing cashflow. In Q1 2021 alone Netflix spent $500 million on servicing this debt pile versus $1.7 billion in net income generated over the same period.

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Stride Is Mirror’s Edge VR In Everything But Name

Article | April 27, 2020

Ever since the Oculus Rift was first introduced, people have wanted a Mirror’s Edge VR game. Years later, Stride looks to deliver where EA hasn’t. The first footage for Stride, which debuted over the weekend, promises essentially a VR doppelganger of DICE’s beloved series. Players hop between rooftops using parkour, avoiding enemy gunfire and taking opponents down as they go. But while the game sounds similar to Mirror’s Edge, it looks practically identical; bleached-white buildings are peppered with vibrantly-highlighted objects you can use for progression.

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Zenviba Omnimedia Company

Zenviba Omnimedia Company provides fully integrated C3 content creation, curation and circulation. Creation: Art Patrons were the original venture capitalists. We offer dynamic international multicultural creatives from wide-ranging disciplines our capital, culture of enthusiasm for innovative endeavors, knowledge, tools and invaluable relationships to converge and work side by side as entrepreneurs in a spiritually vibrant ecosystem conducive to inspiration and exploration, free of constraints and conflicts to imagine a world where anything and everything is possible. Curation: We produce, publish, aggregate and syndicate various content in art, fashion, music, sports, entertainment, news, education, diplomacy, finance, technology, event planning and management, as well as public relations and public affairs to eloquently deliver a message or position a brand. We are experts in breaking down barriers, banishing stereotypes and dispelling ignorance by relating experiences that make us

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