How Streamers are Reintroducing Classic Broadcast Strategies to Captivate Modern Audiences
In the late 1990s, the concept of "Must See TV" dominated the airwaves, with shows like NBC’s “ER” drawing over 30 million viewers weekly. Fast forward to today, and no single show can claim such widespread viewership, with the possible exception of live events like the Super Bowl. The rise of streaming platforms like Netflix, Amazon Prime Video, and Hulu introduced a new era of TV consumption, characterized by short series runs, big budgets, and commercial-free experiences. However, as the industry matures, a shift is occurring.
The phenomenon of viewer "churn"—the tendency for viewers to cancel subscriptions after consuming new content—has prompted streaming services to reconsider their strategies. At the heart of this reconsideration is the resurgence of advertising-supported formats and bundled services, reminiscent of the traditional TV model. This year’s upfronts in New York saw streaming giants like Netflix and Amazon presenting alongside traditional networks, pitching their content directly to advertisers.
Moreover, the content itself is undergoing a transformation. Streamers are increasingly investing in programming that mirrors traditional broadcast TV in structure and appeal. This includes live events, sports broadcasting rights, and series that echo the procedural and sitcom formats that have long been staples of network television. For instance, Netflix’s venture into live specials and Amazon’s acquisition of sports broadcasting rights signify a robust alignment with traditional TV offerings.
The strategy extends to the types of shows being produced. Streamers are balancing their portfolios with a mix of high-end, Emmy-bait dramas and more traditional, long-running shows. Shows like “NCIS” and “Grey’s Anatomy,” which continue to perform well on streaming platforms, underscore the lasting appeal of conventional TV formats. This shift not only helps in retaining subscribers but also attracts a broader audience base seeking familiarity and continuity in their viewing habits.
Executives from major networks and streaming services acknowledge the value of this hybrid model. Shows that can command a steady viewership and have the potential to build extensive libraries are seen as invaluable assets in the increasingly competitive streaming market. The resurgence of multi-camera sitcoms and procedural dramas, often cheaper to produce and capable of sustaining longer runs, is a testament to the enduring appeal of these formats.
In essence, the streaming industry’s pivot towards traditional TV practices is not a step back but a strategic diversification. By blending the old with the new, streamers are not only expanding their audience base but also stabilizing their platforms against the inherent unpredictability of the digital age.
As we look to the future, it is clear that the integration of traditional broadcast elements into streaming is more than a trend; it is a sustainable approach to content creation and distribution in the ever-evolving media landscape.
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Vertical Bar Media
Explore how Vertical Bar Media is navigating these changes and leading the innovation in the digital entertainment space at Digital Marketing.
Source: Variety
Explore how Vertical Bar Media is navigating these changes and leading the innovation in the digital entertainment space at Digital Marketing.
Source: Variety
Photo Credit: Doug Chayka
Social Media Hashtags: #StreamingRevolution #DigitalEntertainment #MediaInnovation #BroadcastTV
Social Media Hashtags: #StreamingRevolution #DigitalEntertainment #MediaInnovation #BroadcastTV
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