Is The Rise In Viewers Of YouTube and Netflix A Sign Of Traditional TV's Eventual Doom? [Forbes]
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Source: Forbes
Is The Rise In Viewers Of YouTube and Netflix A Sign Of Traditional TV's Eventual Doom? British reality show 'Love Island' aired on ITV2 in the U.K. (Photo credit: Colin Young-Wolff/CBS via Getty Images) The Ofcom annual report was published this August 7 detailing the viewing statistics for British broadcast TV compared to video-on-demand services, such as YouTube, Netflix and Amazon Prime Video. The report warns that the future of traditional TV is on shaky grounds if TV broadcasters do not deal with the rise of video-on-demand. According to the report, TV broadcasters (BBC, ITV, Channel 4, Channel 5) are still being watched by the majority of people living in the U.K. However, the rise in viewing numbers for free and subscription video-on-demand (SVoD) signals a more profound and long-term impact on the audiovisual sector in the U.K. What the report reveals is that our viewing habits are transforming to the detriment of traditional TV in the long run. More Shows Like ‘Bodyguard’ an
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