Netflix may dominate the streaming video market, there is however some surprising great news for Hulu in the MIPCOM conference in Cannes. The streaming video audience appears to become moving firmly in direction of making up ground on tv instead of watching movies. Netflix Chief Content Officer Ted Sarandos revealed the data in the conference throughout some pot keynote address with Miramax Boss Mike Lang, telling the crowd that "50% and often 60% of viewing is TV episodes now."
The topic emerged when Netflix's transfer to television production had been talked about not just has Netflix bought the privileges to David Fincher's remake from the British drama House of Cards, but the organization may also be involved with a brand new series known as Lilyhammer, starring Steven Van Zandt. "That may be mis-regarded as Netflix quitting on movies, which it isn't,Inch stated Sarandos, "It is simply customers saying what they need.Inch
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If audiences keep leaving movies towards shorter, cheaper tv shows, it will be interesting to determine what effect it has around the still-youthful video-on-demand market. Will movie galleries be confronted with needing to cut prices for content deals, his or her items dwindle vital that you audiences Will television systems uncover that "cord-cutting" works out to become a real factor Confronted with more proof that audiences are rewatching shows in greater amounts and also at greater volume compared to what they were initially produced to appear, will producers start altering the dwelling of tales to reward multiple viewings and lengthy-form storytelling
The way forward for television is one thing which has been under discussion for any very long time, now. But did that lots of people think that the way forward for streaming video content online could turn to be television
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Graeme McMillan is really a reporter at TIME. Find him on Twitter at @Graemem or on Facebook at Facebook/Graeme.McMillan. You may also continue the discussion on TIME's Facebook page as well as on Twitter at @TIME.
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