BROADCASTING VS. DIGITAL TRANSITION: HOW LEGACY NETWORKS AND OTT PLATFORMS ADAPT TO CHANGE

Broadcasting vs. Digital Transition: How Legacy Networks and OTT Platforms Adapt to Change

Broadcasting vs. Digital Transition: How Legacy Networks and OTT Platforms Adapt to Change

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Terrestrial dramas have long been established as mainstream TV shows, produced and broadcast through traditional broadcasting stations. In contrast, streaming services are internet-based streaming platforms, with Netflix, regional streaming services, and domestic platforms being representative examples. As viewing trends evolve, competition between terrestrial dramas and OTT services has heightened. Consequently, each platform is producing exclusive releases and employing adaptive strategies to strengthen its competitiveness.

Differentiation Strategies of Terrestrial Dramas

Terrestrial broadcast series focus on providing productions with widespread popularity while maintaining traditional storytelling methods. In particular, they actively cast renowned leads to boost ratings and produce dramas that resonate with a wide range of age groups, thereby securing a broad viewer base. Additionally, leveraging their decades of industry presence and brand trust, they continue to present familiar content, ensuring reliable audience numbers. This allows audiences to find more ways to engage with network television through various distribution channels.

Differentiation Strategies of OTT Services

OTT providers are expanding their subscriber base by employing approaches distinct from network-based television. Firstly, they actively embrace new genres and experimental formats, prioritizing artistic direction and cinematic quality over mainstream success. Secondly, they offer customized programming that caters to niche preferences, targeting specialized demographics. Lastly, they focus on producing globally accessible media aimed at the global market, allowing them to attract subscribers not only domestically but also internationally. Through these approaches, OTT services are building industry dominance in ways unlike legacy channels.

Competition and Collaboration Between Platforms

As major TV networks increasingly expand into the digital entertainment industry, competition has become fierce. For instance, one of Korea’s leading networks and MBC operate their own OTT services, 'KBSon' and 'wavve', respectively, making available their existing TV shows on internet-based distribution channels. This effort helps maintain the influence of legacy networks while engaging modern audiences. Meanwhile, the rise of alternative digital platforms is changing consumer behavior towards more on-demand entertainment.

Conversely, OTT services are also enhancing their competitiveness by partnering with traditional TV networks. Netflix has gained worldwide success with K-content hits like 'Squid Game' and 'Hellbound', leveraging the high-quality filming standards of Korean TV networks. This strategic alliance helps both parties complement each other’s strengths, fostering a diverse storytelling landscape. As a result, the lines between terrestrial and digital platforms continue to become less defined.

Ultimately, legacy TV series 후후티비 대체 and OTT services are both rivaling each other and seeking collaboration through their respective differentiation strategies. network-produced content maintain classic formats and general audience focus, whereas digital platforms provide bold and internationally appealing content. As collaboration and merging between these platforms continue to expand, audiences can expect a wider-ranging and enhanced media landscape in the future.

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