BROADCASTING VS. DIGITAL TRANSITION: HOW TERRESTRIAL PLATFORMS AND DIGITAL BROADCASTERS ADAPT TO CHANGE

Broadcasting vs. Digital Transition: How Terrestrial Platforms and Digital Broadcasters Adapt to Change

Broadcasting vs. Digital Transition: How Terrestrial Platforms and Digital Broadcasters Adapt to Change

Blog Article

Terrestrial dramas have long been established as widely recognized TV programs, produced and broadcast through traditional broadcasting stations. In contrast, online services are internet-based streaming platforms, with Netflix, regional streaming services, and Wavve being representative examples. As media consumption habits evolve, competition between terrestrial dramas and OTT services has become fierce. Consequently, each platform is producing exclusive releases and employing adaptive strategies to strengthen its competitiveness.

Differentiation Strategies of Terrestrial Dramas

Terrestrial dramas focus on providing stories with widespread popularity while maintaining classic narrative structures. In particular, they actively feature renowned leads to increase viewer engagement and produce dramas get more info that appeal to a broad spectrum of viewers, thereby securing a loyal audience. Additionally, leveraging their long broadcasting experience and network legacy, they continue to deliver time-tested formulas, ensuring stable viewership ratings. This allows audiences to explore different channels to engage with traditional content through various mediums.

Differentiation Strategies of OTT Services

OTT providers are expanding their subscriber base by employing approaches distinct from network-based television. Firstly, they actively adopt unconventional narratives and unique structures, prioritizing originality and narrative depth over mainstream success. Secondly, they provide customized programming that caters to specific interests, targeting niche audiences. Lastly, they focus on producing globally accessible media aimed at the global market, allowing them to grow their fanbase not only domestically but also internationally. Through these approaches, OTT platforms are strengthening their competitiveness in ways unlike legacy channels.

Competition and Collaboration Between Platforms

As legacy media companies increasingly enter the streaming space, competition has become fierce. For instance, one of Korea’s leading networks and a long-established broadcaster operate their own streaming platforms, 'KBS Streaming Hub' and 'wavve', respectively, making available their existing broadcast content on internet-based distribution channels. This strategy helps preserve the market presence of established TV channels while expanding their digital reach. Meanwhile, the growth of new media services is changing consumer behavior towards more on-demand entertainment.

Conversely, OTT services are also solidifying their influence by collaborating with legacy content producers. Netflix has gained a global following with Korean dramas like 'Squid Game' and the supernatural dystopian sensation, leveraging the storytelling expertise of Korean TV networks. This synergy helps both parties complement each other’s strengths, fostering a diverse storytelling landscape. As a result, the distinction between traditional and modern media continue to become less defined.

Ultimately, legacy TV series and OTT services are both rivaling each other and working together through their respective market tactics. network-produced content maintain classic formats and mass appeal, whereas digital platforms provide experimental and cross-border content. As collaboration and merging between these platforms continue to grow, audiences can expect a wider-ranging and enhanced entertainment experience in the future.

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