05 Sep Streaming Media’s Body Count [Lowpass]
BY JANKO ROETTGERS
September 5, 2024 | When streaming first started to surge some years before the pandemic, there was a lot of talk about an eventual tipping point – the moment services like Netflix and Amazon Prime would eventually overtake pay TV and other established money makers of the entertainment biz.
Now, that tipping point has come and passed. Streaming has become the most popular way of watching TV, thanks not only to paid subscription services, but also free services like Tubi, FAST channels as a replacement of basic cable, and a growing number of companies embracing all of the above.
But as consumers pushed the entertainment industry past this tipping point, it now has to contend with rapid declines of its legacy businesses. That includes pay TV, which is in a world of hurt, but also other offerings that once seemed like they could help bring existing paradigms to a digital future. For this week’s Lowpass, I decided to take a look at streaming’s body count.
Read more on Lowpass.