“Hulu’s DNA has been recent episodes of TV shows,” said Glenn Hower, an analyst at the research firm Parks Associates.
The apparent anxiety at television companies is common to any industry that’s faced what Harvard business professor Clayton Christensen calls “The Innovator’s Dilemma.” That’s when established companies find their big, lucrative businesses undercut by innovative rivals with cheaper — and, at least at first, less profitable — alternatives. The big companies can’t embrace the new approaches without helping cannibalize their own cash cows.
From the article "Damming The Stream? TV Producers May Make You Wait For New Shows Online" by ANICK JESDANUN.
Parks Associates is an internationally recognized market research firm specializing in emerging consumer technology products and services. The company’s expertise includes the Internet of Things (IoT)...
In June, Parks Associates released a study that found video-streaming services in the U.S. will see revenue jump from $9 billion in 2014 to $19 billion in 2019. The company reported that 57% of househ...
On top of that, the industry churn rate—a metric used to reflect cancelled subscriptions to streaming services overall—shot up 41% in Q1, the most recent statistic available, as consumers experimented...
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