OTT Services and the Rise of Free Streaming
Recently, OTT services have become extremely popular with many viewers.
Since the click here COVID-19 outbreak, staying at home has increased, boosting the need for OTT services.
OTT platforms offer multiple contents via the internet.
Netflix, Watcha, and TVING are well-known examples.
Compared to cable television, viewers can select content whenever they want.
OTT’s popularity comes from several factors.
One reason is that a wide variety of genres are available in one platform.
Films, series, and variety programs can be selected by preference.
In addition, OTT is cheaper than conventional subscription TV.
The convenience of watching anytime and anywhere on smartphones or tablets is another advantage.
As OTT prices continue to rise, users are becoming more cost-conscious.
As a result, attention toward free services is increasing.
Free platforms supported by ads let people watch without cost.
Cost-conscious users find this model attractive.
Recently, FAST services have gained attention as an example of ad-based streaming.
KT recently introduced “Gi Live,” a FAST service that gained attention.
FAST is seen as a future growth engine in a slowing TV industry.
The biggest advantage of free streaming is that there is no cost burden.
Another plus is the wide range of available programs.
On the downside, ads interrupt viewing experiences.
Some free services may offer lower-quality content.
Both markets will likely keep developing over time.
Free models could gain stronger popularity.
Cost-free entertainment remains attractive to users.
I believe harmony between paid and free services is essential.
Blending both models offers better choices to viewers.
Upcoming changes in OTT and free streaming are highly anticipated.