Video Streaming Services

Sydney Rector (Keer)

presents

Artifact:

Video Streaming Services

START

INDEX

Brief History

What is it?

Social Groups

Streaming vs. Cinema

Versus 1

Values

Versus 2

Quotes

Thanks

References

Video Streaming Services:

On-demand internet-based entertainment sources for TV shows, movies, and videos.

Brief History

2013

2023

2006

2008

2005

2000

2007

Blockbuster refuses to buy a 49% stake in Netflix

YouTube launches

Google purchases YouTube

Netflix launches streaming service

Hulu launched to public

Netflix has 230.7 million subscribers... Blockbuster has one remaining store

Netflix premiers first Netflix-produced show "House of Cards"

Relevant Social Groups

Consumers/Viewers

Film Industry

Movie Theaters

Values

Access to multiple movies at home: no late fees or needing to leave the house

Licensing or censorship: property can be removed quickly and easily

Group watch party during COVID-19 pandemic: streaming subscriptions in the US went up by 50% in 2020

Streaming vs Cinema: as value of streaming in the home increases,question of future of film and cinema

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Value: Streaming Vs. Cinema

moving towards an increasingly hybrid model

Still huge releases in theaters but also flops by prestigious directors

More directors are willing to create films that are direct to streaming and bypass theaters completely

Dune (Denis Villeneuve) earned over $100 M domestically + was available to stream on HBO Max as soon as it hit theaters

Spider-Man: No Way Home $260 M opening weekend vs. Nightmare Alley (Guillermo del Toro) ~ $10 M US box offices West Side Story (Steven Spielberg) ~38 M US box office

Alfonso Cuarcón - Roma Martin Scorsese - The Irishman

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Directors VERSUS Consumers

Denis Villeneuve - Dune

David Sterritt - Film Critic

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Directors VERSUS Consumers

Average Viewers

Fabian Wagner - GoT "The Long Night"

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"You’re going to end up with fewer theaters, bigger theaters with a lot of nice things. Going to the movies will cost 50 bucks or 100 or 150 bucks, like what Broadway costs today, or a football game. It’ll be an expensive thing … (The movies) will sit in the theaters for a year, like a Broadway show does. That will be called the ‘movie’ business." George Lucas

Quotes

"I think movies in theaters are going to become more expensive, event-ized. They’re mostly going to be for younger people, and mostly about ‘Hey, I’m so into the Marvel Universe, I can’t wait to see what happens next.’ And there’ll be 40 movies a year theatrically, probably, all IP, sequel, animated."Ben Affleck

THANKS!

Any Questions?

References

1. Lamare, A. (2020, June 2). How streaming started: YouTube, Netflix, and Hulu's Quick Ascent. The Business of Business. Retrieved February 28, 2023, from https://www.businessofbusiness.com/articles/a-brief-history-of-video-streaming-by-the-numbers/
2. Stefansky, E. (2020, November 20). All the streaming services that offer Virtual Group Watch features. Thrillist. Retrieved February 28, 2023, from https://www.thrillist.com/entertainment/nation/virtual-group-watch-features-streaming-services
3. Will movie theaters ever make a full comeback in the age of streaming? Android Authority. (2022, September 15). Retrieved February 28, 2023, from https://www.androidauthority.com/movie-theaters-vs-streaming-services-3093835/
4. Hagen, K. (2022, April 13). Streaming services challenge the future of movie theaters. The Daily Universe. Retrieved February 28, 2023, from https://universe.byu.edu/2022/04/13/streaming-services-challenge-the-future-of-movie-theaters/
5. Statt, N. (2019, May 1). Game of thrones cinematographer: It's not me, it's your TV settings. The Verge. Retrieved February 28, 2023, from https://www.theverge.com/tldr/2019/4/30/18524679/game-of-thrones-battle-of-winterfell-too-dark-fabian-wagner-response-cinematographer