Lights out for shomi symptomatic of streaming video’s larger profitability problem

Terry Dawes, CanTech Letter, Sept 26, 2016
Commentary by Stephen Downes
files/images/shomi.jpg

Shomi foundered on the same shoal that afflicted Netflix - the demands for unsustainable revenues from content producers. There's no incentive for providers to offer Shomi a good rate when they'll ultimately roll out their own service and try to grab all the profits. Meanwhile, Netflix has responded by gutting its offering and producing many of its own shows. The market for streaming video accounts is limited, though, and people won't pay for all of them. Meanwhile, it's a bit ironic for me to be reading "the last jigsaw piece for streaming video to gain widespread acceptance will be live sports" while watching my Blue Jays game on MLB.tv (as I have for several years now). The content providers will never see their pot of gold. The same thing that happened to print media and music is happening to video and is happening to education. 'Live' is just a format now; you don't have to be there, and it doesn't have to be expensive.

Views: 0 today, 263 total (since January 1, 2017).[Direct Link]
Creative Commons License. gRSShopper

Copyright 2015 Stephen Downes ~ Contact: stephen@downes.ca
This page generated by gRSShopper.
Last Updated: Oct 19, 2017 08:53 a.m.