BROADCASTING VS. DIGITAL TRANSITION: HOW TRADITIONAL MEDIA AND OTT PLATFORMS ADAPT TO CHANGE

Broadcasting vs. Digital Transition: How Traditional Media and OTT Platforms Adapt to Change

Broadcasting vs. Digital Transition: How Traditional Media and OTT Platforms Adapt to Change

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Terrestrial dramas have long been established as widely recognized TV shows, produced and broadcast through traditional broadcasting stations. In contrast, online services are web-powered streaming platforms, with Netflix, Watcha, and domestic platforms being leading competitors. As media consumption habits evolve, competition between terrestrial dramas and digital streaming platforms has heightened. Consequently, each platform is producing unique content and employing adaptive strategies to maintain relevance.

Differentiation Strategies of Terrestrial Dramas

Terrestrial broadcast series focus on providing productions with widespread popularity while maintaining classic narrative structures. In particular, they actively highlight star actors to boost ratings and produce narratives that appeal to a wide range of age groups, thereby securing a broad viewer base. Additionally, leveraging their historical credibility and established reputation, they continue to offer traditional stories, ensuring consistent success. This allows audiences to find more ways to engage with network television through various mediums.

Differentiation Strategies of OTT Services

OTT providers are expanding their subscriber base by employing tactics distinct from legacy media. Firstly, they actively embrace unconventional narratives and innovative storytelling, prioritizing originality and narrative depth over mainstream success. Secondly, they offer customized programming that meets the needs of specific interests, targeting niche audiences. Lastly, they focus on producing globally accessible media aimed at the worldwide audience, allowing them to secure viewers not only within their region but also on a global scale. Through these methods, OTT services are building industry dominance in ways unlike conventional TV networks.

Competition and Collaboration Between Platforms

As major TV networks increasingly enter the digital entertainment industry, competition has escalated. For instance, one of Korea’s leading networks and a long-established broadcaster operate their own streaming platforms, 'KBS Streaming 후후티비 우회 Hub' and 'wavve', respectively, distributing their existing produced series on internet-based distribution channels. This initiative helps sustain the relevance of established TV channels while attracting new viewership. Meanwhile, the rise of competing streaming networks is shifting audience preferences towards more flexible viewing options.

Conversely, digital platforms are also expanding their dominance by partnering with traditional TV networks. Netflix has gained a global following with K-content hits like the breakout survival thriller and the supernatural dystopian sensation, leveraging the drama production capabilities of terrestrial broadcasters. This collaboration helps both parties maximize their potential, fostering a diverse storytelling landscape. As a result, the boundaries between network TV and streaming continue to blur.

Ultimately, legacy TV series and OTT services are both competing and seeking collaboration through their respective unique approaches. network-produced content maintain traditional genres and general audience focus, whereas OTT services provide genre-defying and cross-border content. As synergy and cooperation between these platforms continue to develop, audiences can expect a richer and elevated media landscape in the future.

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