Bob Gives His Executive Prediction in Streaming Media Magazine
In this month’s issue of Streaming Media Magazine, Bob gave a look into what he and our clients will be watching this year in media. Read on to see what Bob has his eye on in the media industry.
TV DISRUPTION: LARGE AND LOUD MAKES FOR LOVELY
In 2016, the biggest stories about new technologies will be created and managed by PR agencies. It will be a major challenge to break out of the cacophony of innovation noise.
Great technology alone won’t change business or consumer behavior, because game-changing storytelling is best told and managed by the pros.
There are a lot of reasons to be motivated—$57 billion to be exact. That’s how far the market capitalization of the largest public US content companies fell in 2015, according to Needham & Company. Cloud streaming has sonic speed momentum and new brands will either enhance your equation or disrupt your old economics.
Here’s what we—along with our clients—will be watching in 2016:
- Streaming services gaining on cable TV in market penetration.
- Products from cable companies like Comcast’s Watchable and Verizon’s Go90, or Cox’s Flare, who are all courting cord-cutters. You don’t even have to subscribe to use the service.
- Content everywhere that will require a download-to-go feature—so the non-connected device connects with the consumer. When video is viewable off the U.S. linear TV ecosystem, it creates a headwind for revenue growth.
- New virtual MVPDs like Victorious, who will offer streaming packages not based on traditional linear video networks, but rather featuring YouTube stars bundled into subscription offerings.
- Video as the preferred content format for consumers. If you are reading this and not watching this, you—like me—are a dinosaur.
And most importantly, we are looking for the consummate single app aggregator that can provide access to a world of mobile content and declutter my smart phone. Because anyone who can create
one app to rule them all and reduce clutter, wins!
-Bob Gold
President & CEO | Bob Gold & Associates