Online video streaming is pretty convenient, wouldn’t you say?
I now stream most of my entertainment online which is why I haven’t been inside a video store in years. A trip to the video store used to be such a routine part of enjoying TV shows and movies. Now, the concept almost seems archaic – driving to the store, browsing the shelves, waiting in line to check out a DVD, having to return a film to the same location, etc. And don’t forget late fees! Oh, those late fees!
What had been a successful business model for years began to erode once the concept of online streaming caught on with the public and the amount of available content became extensive. Blockbuster, once the nation’s dominant provider of home video and video game rental services, filed for bankruptcy in 2010. My independent neighborhood video store closed long before that.
I’ve been a Netflix member for a few years now, and I subscribe to their streaming service. I’m fond of documentary programming and they have an extensive selection of shows from National Geographic, Discovery, and History Channel. I’ve also watched several cable TV shows via streaming – “Mad Men,” “Weeds,” “Louie,” etc.
It’s been interesting to observe Netflix’s business model change as a result of streaming. When I first joined, the company primarily handled DVD rentals. Their streaming selection was limited and it was included as a bonus to members. Now, their offerings are vast and feature many newly released mainstream movies. The service now holds real value, and so I can understand why Netflix recently began offering streaming as a separate service.
And then there’s YouTube. I admit that I’ve enjoyed all the top viral videos along with what seems like the rest of the general viewing public – “Chocolate Rain,” “Friday,” “Charlie Bit My Finger,” etc. I’m amazed that a family video of one brother biting another brother can be viewed 484 million times!
I love the controlled chaos of YouTube. It’s like decades of pop culture exploded and landed on the site. YouTube satisfies whatever random thing happens to enter my head at any given time on any given day – a favorite scene from a movie, a song I enjoyed when I was a teen. It’s rare that I can’t find something.
Again, streaming comes down to convenience and accessibility, concepts the digital marketing agency knows well. If the mantra of today’s consumer of news and entertainment is “I want what I want when I want it,” then providers like Netflix and YouTube are happy to oblige.