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

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

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

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Terrestrial broadcast series have long been established as widely recognized TV programs, produced and broadcast through major network broadcasting stations. In contrast, online services are internet-based streaming platforms, with global streaming giants, regional streaming services, and domestic platforms being leading competitors. As viewing trends evolve, competition between terrestrial dramas and OTT services has heightened. Consequently, each platform is producing original productions and employing differentiated strategies to stay ahead.

Differentiation Strategies of Terrestrial Dramas

Terrestrial dramas focus on providing productions with high mass appeal while maintaining traditional storytelling methods. In particular, they actively feature renowned leads to boost ratings and produce television series that capture the interest of a diverse demographic, thereby securing a broad viewer base. Additionally, leveraging their decades of industry presence and established reputation, they continue to deliver time-tested formulas, ensuring reliable audience numbers. This allows audiences to have multiple options to engage with long-standing formats through various mediums.

Differentiation Strategies of OTT Services

OTT platforms are expanding their influence by employing tactics distinct from network-based television. Firstly, they actively embrace emerging trends and experimental formats, prioritizing artistic direction and artistry over broad popularity. Secondly, they curate customized programming that caters to individual tastes, targeting niche audiences. Lastly, they focus on producing multinational content 후후티비 새주소 aimed at the worldwide audience, allowing them to secure viewers not only domestically but also across different cultures. Through these approaches, OTT services are redefining the market in ways distinct from traditional terrestrial broadcasting.

Competition and Collaboration Between Platforms

As terrestrial broadcasters increasingly enter the streaming space, competition has become fierce. For instance, one of Korea’s leading networks and MBC operate their own streaming platforms, 'KBSon' and 'MBC Digital', respectively, distributing their existing TV shows on digital platforms. This strategy helps sustain the relevance of legacy networks while attracting new viewership. Meanwhile, the emergence of alternative digital platforms is reshaping viewing habits towards more flexible viewing options.

Conversely, streaming providers are also solidifying their influence by collaborating with legacy content producers. Netflix has gained a global following with K-content hits like 'Squid Game' and the supernatural dystopian sensation, leveraging the storytelling expertise of terrestrial broadcasters. This synergy helps both parties leverage their advantages, fostering a richer content environment. As a result, the lines between terrestrial and digital platforms continue to blur.

Ultimately, legacy TV series and OTT services are both fighting for dominance and working together through their respective unique approaches. Terrestrial dramas maintain traditional genres and mass appeal, whereas OTT services provide bold and cross-border content. As collaboration and cooperation between these platforms continue to grow, audiences can expect a richer and elevated entertainment experience in the future.

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