Modern Day Technologies: Changing the Way Millennials Consume Television
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Transcript of Modern Day Technologies: Changing the Way Millennials Consume Television
Modern Day Technologies: Changing the Way Millennials Consume Television
Photo: Jens KreuterBy Emily Maniquet
Millennials are not viewing television like the older generations
Today’s young people simply do not watch sports like their parents do (10)
“Raised in the Internet era of multitasking, they will often stop watching a game and catch up later by
watching highlights on YouTube, Twitter or Vine” (10)
Photo: Chari Ot
Photo: https://www.flickr.com/photos/23963573@N08/3606295240/in/photolist-6uFcW9-9xnfZx as1FeL-9TpeQh-dPFaKn-dPFaMt-8qdZAo-akVbJ8-aNJvwk-dPLMHG-s7SFvu-acQr6H-qTVJvS-4TovJc-hAyJHz-9qfmeK-bqa9ec-9TQaQc-4u1sP8-4zjQwa-nwRgX9-b4eo9X-8EZAXi-aNJvVT-bJiBEM-85ApB6-aNJvEe-dBVGw4-dgDoTf-oD2Y4-aFgu5T-RjrhP-k78av-axDyJ1-9JwBid-9SmgrU-pDPtd-9fbRZZ-br7KsD-6He8Vi-6oCXBK-n77Ndj-7xUcFA-5swtC9-betUET-5XR9yM-7YYgdq-6rv1Q9-8jErbT-aVnU66
Photo: Wilfred Iven
“It was little bit weird, when I walk into a dorm room and see one, my first thought is, it’s unnecessary, almost a waste of space.” (12)
Millennials are buying less televisions
Photo: Sven Scheuermeier
Netflix Takeover In the future, Netflix will know exactly what you want to watch, even before you do. You won’t have to spend all that time browsing through endless lists of shows on your television (3)
Photo: Ryan McGuire
The way shows are becoming popular
are changing radically!
Shows need to be worthy of being found, networks need to make them as accessible across multiple platforms as easy and frictionless as possible (9)
Photo: Wilfred Iven
Recently, Millennials have been moving away from TV and have been viewing
shows online
“In recent years, the television
industry has seen viewers
increasingly gravitate towards online streaming
video services and shunning
pricier cable and satellite
subscription” (7)
Photo: Sebastiaan ter Burg
Now in order to receive what show you want, you have to bundle
with different servers
Photo: Ryan McGuire
“If you want to get access to a lot of content you're going to have to pay for several services. You'll choose between
Netflix, HBO, Amazon Prime, basic cable, Hulu or Showtime. Or maybe
you'll just get all of them” (5)
https://www.flickr.com/photos/catr/2443946244/
https://www.flickr.com/photos/121483302@N02/14019907992/
Television providers are becoming concerned with Cord-Cutters
Photo: Miguel A. Amutio
“Cutting the cord means a consumer no longer has pay-TV. They have decided the cost is
no longer worth it” (9)
“Driving the cord-cutting phenomenon is a host of factors, from rising cable subscription costs to innovative consumer electronic devices that deliver the Internet to television and television
to the Internet” (11)
Cord Shaving
“Cord-shavers have had pay TV, but they have decided to go down
to a much more basic package. They may just pay for a channel
like HBO, but they no longer want ESPN” (9)
Photo: Leery
“Cord-neverers are generally millennials who have moved
out of their parents' house, but who have never paid for cable. There is no value to them to
pay for TV.” (9)
Photo: Binyamin Mellish
Cord Nerves
“The Internet has created television's
scariest generation - a generation of viewers beyond the control of
the incumbent industry giants, disdainful of
copyright, enabled by digital plenitude,
unwilling to pay for bundled content
packages, and highly adept at finding
alternative sources of visual
entertainment” (11) Photo: Ryan McGuire
Another reason Millennials are not watching TV in the traditional sense is because of the cost.
Photo: Fabian Blank
“If you look at what the pay-TV bundle costs nowadays, it is $70 to $90 a month compared with the content costs of the
bundle, which are around $45” (2)
Photo: Vitaly Taranov
Millennials rather use services such as Netflix because of its accessibility and convenience
Photo: Anieto2k
“Younger viewers are also far more impatient when it comes to accessing their content…
54% of the millennials will stop watching a show because it
was too burdensome to access” (1)
Photo: Daniel Nanescu
Binge Watching
“Entertainment is fast
becoming an all-you-can-eat buffet. Call it the Netflix effect”(6)
Photo: Ryan McGuire
“Video on demand, or the Netflix effect, is ushering in a mediated culture of instant gratification, infinite
entertainment choices, and immersive experiences in televisual fantasies that combine drama and realism in
irresistibly fascinating and spectacular ways”(6)
Photo: Thomas Leuthard
“Changing technological paradigms are altering customer preferences. Consumers have embraced smartphones, laptops, tablets, and different forms of wireless internet. In turn they are
adopting an anywhere, anytime, any device lifestyle and increasingly demand this access from all of their service
providers” (12)
Photo: Vadim
Sherbakov
T H E F U T U R E O F T V
The television industry is now under intense pressure to maintain its revenue streams and margins in the face of
internet-based competition (8)Photo: Bridget Braun
• Smaller pay TV content bundles • Increased overall video consumption, but at lower
average unit price • Anywhere, anytime, any device • TV and video subscriptions move from household to
individual based accounts (7) Photo: Viktor Hanacek
T H E F U T U R E O F T V
Works Cited1.Franklin, Garth. "Millennials Abandon Difficult To Access Shows - Dark Horizons".
Darkhorizons.com. N.p., 2016. Web. 23 Oct. 2016.2.Gimpel, Gregory. "Five Pressing Issues Shaping The Future Of TV & Video". The MIT
Centre for Digital Buisness (2013): n. pag. Web. 23 Oct. 2016.3.Lapowsky, Issie. "What Television Will Look Like In 2025, According To Netflix". Wired
(2014): n. pag. Web. 23 Oct. 2016.4.Macker, Neil. "Cutting The Cord: How Will Media Companies Adapt?". Morningstar (2016):
n. pag. Web. 23 Oct. 2016.5.Manjoo, Farhad. "Why Movie Streaming Sites So Fail To Satisfy". The New York Times
(2014): n. pag. Web. 23 Oct. 2016.6.Matrix, Sidneyeve. "The Netflix Effect: Teens, Binge Watching, And Ondemand Digital
Media Trends". Research Gate (2014): n. pag. Web. 23 Oct. 2016.7.Reuters. "More People Are Subscribing To Multiple Video Streaming Services". Fortune
(2016): n. pag. Web. 23 Oct. 2016.8.Pisharody, Aditya. "The Future Of Television: Will Broadcast And Cable Television Networks
Survive The Emergence Of Online Streaming?". (2013): n. pag. Web. 23 Oct. 2016.9.Sapan, Josh. "Outside Voices: The Death Of Indifferent TV Viewing". The Wall Street
Journal (2015): n. pag. Web. 23 Oct. 2016.10.Shoalts, David. "Viewing Sports On Television In Decline Among Younger Fans, Study
Finds". The Globe and Mail (2015): n. pag. Web. 23 Oct. 2016.11.Strangelove, Michael. "Television's Scariest Generation: Cord Cutters And Cord Nevers".
Web. 23 Oct. 2016.12.Williams, Alex. "For Millennials, The End Of The TV Viewing Party". The New York Times
(2014): n. pag. Web. 23 Oct. 2016.