BROADCASTING VS. DIGITAL TRANSITION: HOW TRADITIONAL MEDIA AND DIGITAL BROADCASTERS ADAPT TO CHANGE

Broadcasting vs. Digital Transition: How Traditional Media and Digital Broadcasters Adapt to Change

Broadcasting vs. Digital Transition: How Traditional Media and Digital Broadcasters Adapt to Change

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Terrestrial broadcast series have long been established as popular TV programs, produced and broadcast through major network broadcasting stations. In contrast, streaming services are digitally distributed streaming platforms, with Netflix, regional streaming services, and Wavve being representative examples. As viewing trends evolve, competition between terrestrial dramas and OTT services has intensified. Consequently, each platform is developing exclusive releases and employing distinct strategies to stay ahead.

Differentiation Strategies of Terrestrial Dramas

Terrestrial broadcast series focus on providing content with widespread popularity while maintaining traditional storytelling methods. In particular, they actively highlight renowned leads to increase viewer engagement and produce narratives that resonate with a broad spectrum of viewers, thereby securing a consistent fanbase. Additionally, leveraging their decades of industry presence and network legacy, they continue to offer traditional stories, ensuring reliable audience numbers. This allows audiences to find more ways to engage with long-standing formats through various distribution channels.

Differentiation Strategies of OTT Services

OTT providers are expanding their influence by employing approaches distinct from legacy media. Firstly, they actively adopt new genres and innovative storytelling, prioritizing originality and cinematic quality over broad popularity. Secondly, they curate customized programming that meets the needs of niche preferences, targeting niche audiences. Lastly, they focus on producing multinational content aimed at the expanding international scene, allowing them to attract subscribers not only within their region but also internationally. Through these approaches, OTT platforms are building industry dominance in ways unlike legacy channels.

Competition and Collaboration Between Platforms

As legacy media companies increasingly penetrate the streaming space, competition has escalated. For instance, one of Korea’s leading networks and a long-established broadcaster operate their own OTT services, 'KBSon' and 'wavve', respectively, making available their existing broadcast content on digital platforms. This effort helps maintain the influence of legacy 후후티비 최신 networks while engaging modern audiences. Meanwhile, the growth of alternative digital platforms is shifting audience preferences towards more flexible viewing options.

Conversely, digital platforms are also enhancing their competitiveness by collaborating with terrestrial broadcasters. Netflix has gained massive international recognition with K-content hits like 'Squid Game' and the supernatural dystopian sensation, leveraging the drama production capabilities of traditional industry leaders. This synergy helps both parties complement each other’s strengths, fostering a more dynamic industry. As a result, the distinction between traditional and modern media continue to blur.

Ultimately, legacy TV series and streaming platforms are both fighting for dominance and seeking collaboration through their respective market tactics. Terrestrial dramas maintain established storytelling and mass appeal, whereas OTT services provide bold and globally targeted content. As synergy and integration between these platforms continue to develop, audiences can expect a more diverse and enhanced media landscape in the future.

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