by Corey Osborne, reporter
Netflix began streaming content in 2007, 13 years have passed since and streaming is now the primary source of entertainment for many. ABC, NBC, Time Warner, and even Apple has entered the fold and launched streaming services such as Disney+, Peacock, HBO Max, and Apple TV+. But will oversaturation of the streaming market be friendly to American consumers?
With bold moves such as Samsung slowing down their production of Blu-ray players and Disney CEO Bob Chapek telling CNBC that he aims to “accelerate Disney’s transition to a direct-to-consumer priority company”.
The media landscape has shifted to a streaming and all digital future. As some cling onto physical disks, Assistant Professor of Communication Studies at Bridgewater State University, David Sutera believes that physical media is more or less dead. But he believes that the pros of digital streaming outweigh the cons.
“One thing is that there’s a lot of content that you can get, you can get pretty much anything that’s ever been made, and stuff that is now being produced. But the problem is, is that it kind of prices certain people out,” Sutera said.
But Sutera still is a fan of one main streaming service.
“Netflix is definitely one, probably number one, just because there’s a lot of content on there that I really like.”
Netflix has raised its standard price to 14 dollars a month and its premium service to 18 dollars a month. CNBC reporter, Alex Sherman said, “Don’t be surprised if you’re reading the same story next year, and the year after that, and the year after that.” In regard to the price hike of Netflix’s streaming content.
