What will TV be like in 4 years? Well 2020 may feel like ages away but time is going so quickly and things are changing and evolving every day. This essay will include my opinion backed up by facts from online sources.
First of all I think Netflix has the potential to blow up. At the moment users are paying £5.99 a month for standard viewing. A few films, documentaries and TV shows are available but gets regular complaints that they are not the best content available on the internet. Illegal streaming sights have possibly knocked down subscribers because of this. However in my opinion, this is all apart of a big plan Netflix have. At the moment Netflix are gaining £29.8M a month just from UK viewers and of course it is not cheap to buy the license of some of the biggest films and TV shows out right now, so, are they saving enough to go all out by 2020? What if they are only uploading a few good TV shows for now to keep the money come in before their big spend? They are saving up to go all out!
I found this really useful graph to back up my point!
When Netflix was first introduced to us in 2012 it was only available on laptops which could of inflicted on TV viewing. According to online sources TV viewing in 2015 dropped by a HUGE 50% when Netflix was first introduced in the US. This affects Tv viewing massively which makes sense to why Netflix got introduced to smart TV’S.
Arguably, the greatest change of television, is the influential innovation of BBCs iPlayer. This phenomenon caused an butterfly effect, in which stimulated the rise of a new market. BBC threes overwhelming success of online video streaming. Caused major changes in the television industry and forced colossus rewriting on the regulation and laws of television licensing.
Everything within media is to do with profit and revenue. Could TV possibly compete with the demand of online services? No. However, many companies have seen monumental success of providing online services. Netflix currently holds the highest proportion of market share in the industry, closely followed by BBC iPlayer and Amazon Prime. This success will extend into the future as companies try obtain market share of the online services and demand, as this has immense influence on the survivability of major television companies.
To improve TV viewership for the future. Business are heavily investing into research and development. These are forcing mammoth strides in innovation of television viewing. Current recent innovation of this are:
-4K has just been introduced to us and already Japanese companies are looking at 8k viewing.
– Curved TVs.
– Waterproof screens.
– Improving 3D viewing.
In another 4 years from now the changes will be drastic, just look at TV now from 10 years ago! Remember when the flat screen first come out? It was unimaginable 10 years ago. But even in recent years the towering changes of flatscreen televisions has changed the viewing experience of many famous shows already.
Every year, millions of pounds are being invested by hundreds of companies in trying to create the newest invention in television viewing. As the next big idea could be worth hundreds of millions. As shown by Netflix, who in 4 years of hitting our laptop and mobile screens, has built up a net worth of $1.26 billion. So if that is the amount made by one company in 4 years and has revolutionized the television industry. So, whats innovation and invention will be created in the next 4 years?
Also competitive programmes like The X Factor and Britain’s got talent could possibly fall through. They’re mundane and far too repetitive which has caused massive changes in the viewing statistics. The current series of The X Factor has had the lowest viewers in the last decade that the programme has been aired.
“With 6.8 million tuning in, it’s also the lowest ratings for an ‘X Factor’ launch since 2005, which had 6.6 million viewers.”
To conclude, 4 years from now, the world will be introduced to fancy new TV’s with features like the curved frame and 8k viewing technology. The world will continue to make content for TV but will most likely watched on handheld devices like mobiles, laptops, iPads etc. TV licensing will no doubt be re-written again for other on demand channels so that the government can continue to make money for people watching content. Netflix will be huge and could even expand its services, maybe it will introduce a news and weather channel?
Roll on 2020 so we can see if any of this happens.
https://www.statista.com/statistics/324092/number-of-netflix-subscribers-uk/ (Accessed: 6 December 2016).
VODzilla (2016) Coming soon to Netflix UK, Amazon prime video, MUBI, TalkTalk TV Store… UK video on demand release dates. Available at: http://vodzilla.co/vod-release-dates/ (Accessed: 6 December 2016).
Spangler, T. (2016) Netflix caused 50% of U.S. TV viewing drop in 2015 (study). Available at: http://variety.com/2016/digital/news/netflix-tv-ratings-decline-2015-1201721672/ (Accessed: 6 December 2016).
Moon, B. (2016) The 10 ways you will watch TV by 2020. Available at: http://investorplace.com/2016/05/10-ways-tv-vr-2020/#.WEcDGXd7lE4 (Accessed: 6 December 2016).
Byford, S. (2016) Japan’s NHK begins world’s first 8K TV broadcasts. Available at: http://www.theverge.com/2016/8/2/12349954/8k-broadcasts-start-japan-nhk (Accessed: 6 December 2016).
Welsh, D. (2016) ‘X factor’ launch ratings hit 10-Year low. Available at: http://www.huffingtonpost.co.uk/entry/x-factor-ratings-viewing-figures-low_uk_57c2bd9ae4b035d5604f3c34 (Accessed: 6 December 2016).