What impact has streaming technology had on the entertainment industry? 🔊
Streaming technology has significantly impacted the entertainment industry by changing how content is distributed and consumed. It allows users to access a vast library of films, TV shows, and music on-demand without the need for physical media. This shift has led to the rise of platforms like Netflix and Spotify, which frequently invest in original content, reshaping the production landscape. Moreover, streaming has enabled personalized recommendations and flexible pricing models, enhancing user engagement. As a result, traditional broadcasting and distribution methods face challenges, compelling them to adapt to the changing consumption patterns of audiences.
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