The Evolution of Home Cinema to Streaming Platforms and Their Strategic Mediamorphosis in the Context of the Intense Competitive Environment Cover Image

Еволюцията на домашното кино до стрийминг платформите и техните стратегически медиаморфози в контекста на интензивната конкурентна среда
The Evolution of Home Cinema to Streaming Platforms and Their Strategic Mediamorphosis in the Context of the Intense Competitive Environment

Author(s): Tsvetelina Yakimova
Subject(s): Social Sciences, Media studies, Communication studies
Published by: Софийски университет »Св. Климент Охридски«
Keywords: business plans; competition; diffusion; evolution; home cinema; media consumption; strategic business models; streaming market; survey; transformations; video

Summary/Abstract: Globalization, technological progress, and digitization transformed the audiovisual environment overall and imposed new rules in media and film content consumption. Technological advancement along with dynamic everyday life predetermines the evolution of home cinema from video cassettes to streaming platforms available anywhere at any time on any device and not only at home. In recent years, the video streaming market has grown so rapidly that the context of the dynamic competition imposes mergers, more investments, and, furthermore, flexibility in strategic business plans in the fierce rivalry for users.