The pandemic, as it has done to so many industries, has put in a pin in the production and distribution of movies and television shows, yet as so many people are forced to self isolate, the demand for content new and old has never been higher. As COVID-19 drains some sectors of the film industry and boosts others, we investigate who the biggest winners and losers of the pandemic are in the entertainment industry.
The future of streaming is highly uncertain, with a few contenders vying for dominance, and a slew of others looking to carve out a niche. Overall, Netflix appears to be in the driving seat to be the dominant player in the market, but this doesn’t necessarily justify its valuation, particularly with younger services like Disney Plus growing at astronomical rates.
Despite video streaming gaining its popularity in recent months since the COVID-19 pandemic closed movie theaters, how are corporations like Disney+ and Netflix taking advantage of the shift in consumer behavior? Is video streaming here to stay? Community columnist Emily Tang tells us more!
Graphics by Nina Tagliabue The BRB Bottomline: Netflix has been the leading power in online streaming services since 2007. However, since the launch of many other streaming services, Netflix has found itself in the middle of the streaming war. Apple launched Apple TV+, Disney launched Disney+, Comcast is getting ready
HOOQ, a premium video-on-demand streaming service, is a joint venture between Warner Media, Sony and Singtel (Asia’s leading communications group). Sony and Warner Media provide a library and develop customized content while Singtel provides captive access to its mobile subscriber base in the Philippines, Thailand and Indonesia. The challenge HOOQ faced was much of their subscriber base would view content on mobile devices, which under current networks can take hours to download or have high latency,