How Video Streaming Services Like Netflix and VIDGO are Changing TV Forever | CoolBusinessIdeas.com


We all remembered when MTV famously played the music video “Video Killed the Radio Star” over and over when the service first aired. On air radio remains a mainstay because it is one of the few information and entertainment services one can access and enjoy while working, driving or working. However, video streaming does have the potential to kill TV services for several reasons. This is why stations like HBO are changing and tech companies from YouTube to Amazon are altering how they do business.

Content You Can’t Find Anywhere Else

YouTube, Amazon and Netflix have free content available on demand while other movies and shows require you to pay per episode. They try to differentiate themselves by not offering the same catalog of movies and TV shows.

Partially in response to licensing rights that were a legal mess to get approved when Amazon and Netflix tried to license American TV shows abroad, they started curating their own content and creating their own shows. For example, you can only find the modern remake of “The Handmaid’s Tale” and “Fuller House” on Netflix while “Transparent” is only on Amazon Prime.

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