top of page
design an action movie poster in a film directed by tony scott, starring Kate Hudson and J

BLOG

CONTENT

July 27, 2024

A MARKETING MIX IN THE NEW AGE OF STREAMING.​
 

In the ever-evolving world of streaming video on demand (SVOD) services, the competition is fierce as platforms vie for subscribers and market share. In the latest quarter, Disney+ has emerged as a bullish contender, outperforming Charter Communications in the SVOD battle. As the appetite for streaming video on demand (SVOD) services continues to grow, the battle for subscriber loyalty intensifies, marking a significant phase in the streaming wars. The landscape is bustling with activity at established giants like Netflix and Amazon Prime Video whom defend their turf against ambitious entrants such as Disney+ and AppleTV. This competitive environment has been spurred on by a surge in cord-cutting, as traditional cable viewers migrate towards the flexibility and diversity offered by streaming platforms.

Platforms are pouring billions into original programming and securing exclusive streaming rights to attract and retain viewers. The importance of a strong, diverse content library cannot be overstated, with subscriber preferences leaning heavily towards services that offer a wide range of high-quality viewing options. This shift towards digital platforms has led to a steady erosion of Charter's SVOD customer base in recent periods, signaling a broader trend away from conventional cable packages. The transformation in consumer behavior poses a formidable challenge for Charter, compelling the company to rethink its strategies and offerings in an attempt to remain relevant in a rapidly changing entertainment landscape.

As these platforms captivate audiences with original programming and exclusive content, Charter finds itself in a position where simply offering traditional cable content is no longer sufficient to maintain its subscriber base. The path forward for Charter will likely involve a blend of strategic partnerships, content innovation, and perhaps an embrace of streaming technologies that align more closely with current viewer habits.

This strategy opposite to Disney+  which has not only bolstered its subscriber base but also set a new benchmark for quality in streaming content, has one direction that necessitates a deeper look into the books. Will they be complicit? Further fortifying its competitive edge, Disney+ has adeptly capitalized on its synergies with other Disney properties and platforms, offering bundle deals that include ESPN+ and Hulu. This bundling strategy enhances value for subscribers, while simultaneously broadening its appeal across diverse demographics, from sports enthusiasts to movie buffs. Additionally, Disney+'s strategic international expansion has opened up new markets, tapping into a global audience eager for the unique brand of entertainment only Disney can offer.

The contrasting fortunes of Charter Communications and Disney+ in the latest quarter are a testament to the dynamic nature of the SVOD market.

 

Charter Communications reported a noticeable decline in its SVOD customer base, a trend that underscores the challenges traditional cable services face in a streaming-dominated landscape. This downturn in subscribers for Charter can be attributed to a variety of factors, including the increasing consumer preference for on-demand content over traditional cable offerings, as well as the aggressive content strategies and technological advancements employed by streaming platforms. This divergence in subscriber dynamics between Charter Communications and Disney+ highlights the shifting preferences of viewers who are increasingly favoring the convenience, variety, and flexibility offered by streaming services. As consumers continue to rally around platforms that deliver personalized and engaging viewing experiences, the gap in subscriber gains and losses among SVOD providers is expected to become more pronounced.

Moreover, the battle for international subscribers will intensify as platforms seek to expand their global footprint. Localized content, partnerships with regional creators, and tailored marketing strategies will become increasingly important as SVOD services strive to resonate with diverse audiences across the globe. The companies that can navigate the complexities of international content licensing and distribution efficiently will likely gain a competitive edge.

Finally, as the competition escalates, strategic collaborations between SVOD platforms and traditional media companies, telecom providers, and technology firms may become more prevalent. Such partnerships could provide mutual benefits, from expanding content libraries to enhancing distribution networks, thereby creating a more interconnected and robust streaming ecosystem.

The outcome of these developments paints a broader picture of an industry at a crossroads, where embracing technological advancements, enhancing viewer experience, and forging strategic alliances could dictate future success. As platforms navigate this complex environment, their ability to respond to and anticipate viewer demands will likely shape the competitive hierarchy of the SVOD ecosystem, setting the stage for the next chapter in the streaming saga.

bottom of page